BF130 Quiz 1 Review

legal doctrine that obligates courts to follow historical cases when issuing a ruling on a similar case is called ______

An offer to pay a reward to a person who catches a criminal is an example of a _____ contract.

The ______ rule allows parol, or extra evidence that contradicts or modifies the written contract.

A ____ is a public wrong against society.

______ is a systematic statement of right and wrong together with a philosophical system that both justifies and necessitates rules of conduct

Developing codes of ethics by businesses is the evidence of what?

• Due Diligence

• Increased self-regulation of businesses

• Progress

• Influence of trade unions

Which of the following refers to the examples of common property?

• Libraries and monuments

• Home

• Auto

• Lands and natural resources

Arrange the sources of law according to the hierarchy (A – Case law; B – U.S. Constitution and Amendments; C – State law; D – Statutes of Congress).

• B D C A

• A B C D

• C D B A

• B A C D

A theory of organizational management and business ethics which takes into account the value of everyone who can be affected by a company’s activity is called what?

• Social Contract Theory

• Corporate social responsibility

• Constitution Theory

• Stakeholder Theory

The school of jurisprudence emphasizing that law should be adjusted when human conduct changes in order to meet new developments in society is called what?

• Sociological jurisprudence

• JD Program

• Legal realism

• Humanitarian Law