Business Law II: Quiz 1 (CH23)

The common law is a body of law developed from judicial decisions.

True

In a suit against Guillermo, Hailey obtains an award of damages. This is:

a payment of money or property

Persons who favor the creation of a federal agency to regulate the production of genetically modified agricultural products should concentrate their lobbying efforts on

Congress

Federal agency regulations do not take precedence over conflicting state regulations.

False

A precedent is

a court decision that furnishes an example for deciding subsequent cases involving similar or identical facts or principles.

The Uniform Commercial Code facilitates commerce

among the states

The classification of law that concerns the rights and duties that exist between persons and between citizens and their government is

civil law

At one time, a court of law could grant as a remedy only

monetary damages.

The Montana legislature enacts a state law that violates the U.S. Constitution. This law can be enforced by

no one

Common law rules develop from

principles underlying judges' decisions in actual controversies.