Business law chapter 1,2,3 true or false
Amendments to the federal constitution require approval or ratification, by a majority vote by congress
False
If a court has the power to review the decisions of another court it has original jurisdiction
False
If a person's reckless driving results in an automobile accident, he or she can be charged with both a tort and a crime
False
In all states the crime of bribery, is limited to giving or taking money or property to influence a public official
False
In our country the principles and ideals guarding our individual liberty and freedom are presented in the common law
False
It is always illegal for an executive of a firm to buy or sell the stock of the firm
False
Juvenile courts the U.S. Tax court and domestic relations courts are known as courts of original jurisdiction
False
Normally appeals from federal district courts are initially heard by state Supreme Courts
False
Shoplifting is the term that describes the theft of money by employees, such as accountants or cashiers who steal money from retail stores
False
Special courts set up to handle small or minor cases, often with a limit on the amount of the claim, are known as circuit courts
False
The crime of perjury is limited to the false swearing under oath before a judge in a federal court
False
The difference between extortion and bribery is that, in extortion, both parties are willing participants in the crime
False
The purpose of criminal law is to compensate injured parties for their losers
False
The term values relates to the price of merchandise on sale
False
Unethical behavior has not been problem in society until recent times
False
A court that has original jurisdiction in cases involving federal statues, and in cases when the parties are citizens of different states, is known as a federal district court
True
A person who profits from sale of stock as a result of using nonpublic information can be charged with violations of federal law
True
A whistleblower is a person who calls attention to illegal or unethical behavior
True
Although ethical principals have influenced many laws the laws themselves are usually more precise
True
Burning to defraud is a special category of crime committed by persons who burn their own property with the intention of collecting insurance money
True
Corporate culture is used to describe the values and standards of acceptable behavior in a corporation
True
Generally,what is unethical is also illegal
True
Larceny is a broad term that includes most forms of theft
True
Laws enacted by local governments such as a city council are often called ordinances
True
People tend to behave in accordance with accepted principals of what Is right and wrong that govern the conduct of their group and the reflect the values of the group
True
Professional and trade associations concern themselves and their members with guidelines for ethical business practices
True
Public disclosure of a firm's unethical practices can affect other companies as well
True
State courts that have original jurisdiction for cases not otherwise directed to a specialized court are trial courts
True
Statues are laws passed by state and federal legislatures
True
The authority of a court, as a granted by a constitution or legislative act, is known as the court's jurisdiction
True
The federal government and many states have statues that protect whistleblowers from retaliation
True
The kind of law that results when a court disregards an existing statute, an accepted Precedent or a principal of common law or interprets them differently with the result that a new precedent is established, is known as precedent law
True
The power of a court to determine whether laws enacted by legislatures or decisions made by lower courts violate the constitution is judicial review
True
The theft of goods from a vehicle in transit is known as hijacking
True
Treason is a major crime against the federal government consisting of levying war or giving aid and comfort to an enemy
True
Unenforceable obligation that people have to one another are considered to be an aspect of moral law
True
White collar crime as distinguished from other types of crime, generally does not involve force or violence
True
When employees with access to a firm's money, such as accounts cashiers and bank tellers wrongfully divert funds to themselves or to others, they are usually charged with burglary
false
A corporate code of ethics might be called a set of guidelines for the ethical behavior expected of employees
True
The legal term that covers such activities as obtaining goods and other benefits by the use of misleading statements and deception is false pretenses
true
The purpose of the uniform commercial code is to provide uniform laws for all states to regulate business transactions in the states
true