Reference no: EM132467588

Business Law

Question 1) What was the U.S. Supreme Court's reaction to a case where a business executive was found guilty of aiding and abetting in the bribery of an Internal Revenue Service Agent even though the Internal Revenue Service agent had been found not guilty of the bribery in a separate trial?

a. Because one of the defendants had been found guilty, then both should have been found guilty.

b. Because of the inconsistent outcomes, a third combined trial was ordered to reconcile the different outcomes.

c. This simply underscores the fact that there is always the possibility that different juries might reach different results in a given situation.

d. Because one of the defendants had been found not guilty, they both should have been found not guilty.

e. The decisions in both cases were thrown out, making it possible, though not mandatory, that one or both defendants would have to face another trial.

Question 2) The followers of this school of jurisprudential thought are known as realists:

a. the Sociological School.

b. the Analytical School.

c. the Command School.

d. the Psychological School.

e. the Critical Legal Studies School.

Question 3) The school of jurisprudence that believes that free market forces should determine the outcomes to lawsuits is:

a. The Command School.

b. The Sociological School.

c. The Critical Legal Studies School.

d. The Analytical School.

e. The Law and Economics School.

Question 4) Which of the following is an example of an equitable remedy?

a. A remedy that may not be modified from its rigid prescribed form.

b. A remedy fashioned by a chancery court fashioned to fit the particular situation.

c. Any remedy granted by the merchant court.

d. A remedy required to be approved by the law court.

e. Any remedy issued by a judge.

Question 5) Which of the following is true about the creation of courts in England?

a. The different types of courts were created in order to handle different types of cases, but the remedies available to the different courts were the same.

b. The law courts were created to allow remedies that could not be granted by the law courts.

c. The equity courts were created to allow remedies that could not be granted by the law courts.

d. The merchant courts were created in order to have more flexibility in fashioning remedies than the chancery courts.

e. The law courts were created in order to have broader jurisdiction than the merchant courts.

Attachment:- Business Law.rar