Chapter 6 - The Legal And Regulatory Environment of Business

Which of the following statements is true about concurrent ownership?

Tenants in common can own different shares of the resource.

Josh borrows Amanda's car to get to school. Josh is obligated to exercise _________________.

a very high duty of care

Which of the following is a violation of the free exercise clause of the First Amendment?

A public school preventing its students from forming prayer groups

Which of the following statements is true of amendments and basic protections?

Constitutional rights may be narrowly interpreted during emergencies such as war.

Commercial speech is most accurately described by which of the statements below? Group of answer choices

Freedom of speech for individuals may be more extensive than the rights of corporations.

Which of the following statements is true of preemption?

If a federal law preempts a subject, then any state law that attempts to regulate the same activity is unconstitutional.

Which of the following is a similarity between joint tenancy and tenancy in common?

In both forms of ownership, the tenants can usually force the separation of ownership under the doctrine of partition.

Which of the following statements is true of freedom of speech?

It covers both verbal and written communications.

Which of the following statements is true of the due process clause?

It does not prevent private corporations from acting in an arbitrary manner.

Which of the following statements is true of the contract clause?

It does not restrict the federal government's power to impact contractual relationships.

Which of the following statements is true of the strict scrutiny approach?

It is applied to cases involving classifications directed at fundamental rights.

Which of the following statements about the role of the commerce clause in regulating business activity is false?

The commerce clause prohibits a state from placing any burden on interstate commerce.

Which of the following statements is true of federalism?

The federal government recognizes that it was created by the states, which have some sovereignty.

Which of the following statements is true of regulation of foreign commerce under the commerce clause?

The power to regulate foreign commerce is vested exclusively in the federal government.

Which of the following statements is true of the quasi-strict scrutiny tests?

The quasi-strict scrutiny tests are used for cases that fall between the minimum rationality and strict scrutiny approaches.

Which of the following statements is true of the supremacy clause?

Under this clause, it is immaterial that a state did not intend to frustrate the federal law if the state law in fact does so.

Handbags Plus, a handbag manufacturer and retailer, disseminates a misleading magazine advertisement, which claims that a particular handbag is made of 100% genuine leather when it is actually a mixture of leather and faux leather. A consumer organization files a complaint with a federal institution, which in turn issues an order prohibiting Handbags Plus from making such false statements about its products. This regulation of consumer product advertising is an example of a limitation on __________________

commercial speech

The meaning and application of the equal protection clause have been central issues in cases involving ___________________.

legitimacy of birth

Gerard works for a magazine in California. He published an article that falsely accuses the governor of the state of wrongdoing. In this case, Gerard is most likely to be accused of ______________.

libel

A municipal zoning ordinance attempts to regulate the placement of satellite dish antennas in residential areas by specifying size and location requirements. The Supreme Court rules that the zoning ordinance is unconstitutional, as it violates the Federal Communications Commission Regulation law. In this case, the ruling of the Supreme Court illustrates the concept of __________

preemption

If your home is being foreclosed on, most states will allow you to retain ownership of the property if you pay the full amount of the debt before the sale. This is called a:

right of redemption.

The strict scrutiny approach is applied to cases involving fundamental rights, such as the _________________.

right to travel

The takings clause of the Fifth Amendment to the Constitution allows ___________________________.

the government to take specific resources away from private owners for public use upon the payment of just compensation