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The Legal Environment of Business Text and Cases Ethical Regulatory Global, and Corporate Issues 8th Edition by Frank B. Cross - Test Bank

The Legal Environment of Business Text and Cases Ethical Regulatory Global, and Corporate Issues 8th Edition – Test Bank

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The Legal Environment of Business Text and Cases Ethical Regulatory Global, and Corporate Issues 8th Edition by Frank B. Cross – Test Bank

Chapter 5

Constitutional Law

N.B.:  TYPE indicates that a question is new, modified, or unchanged, as follows.

N A question new to this edition of the Test Bank.

+ A question modified from the previous edition of the Test Bank.

= A question included in the previous edition of the Test Bank.

TRUE/FALSE QUESTIONS

A1. The state governments retain all powers not specifically delegated to the federal government.

answer: TPAGE:98type:=

NAT: AACSB AnalyticAICPA Legal

A2. Under their police powers, states can regulate only public activities, such as political demonstrations.

answer: FPAGE:98TYPE:=

NAT: AACSB AnalyticAICPA Critical Thinking

A3. National legislation governs nearly every major business activity, in­cluding conduct that has nothing to do with commerce.

ANSWER:FPAGE:99TYPE:N

NAT: AACSB AnalyticAICPA Critical Thinking

A4. The checks and balances in the U.S. Constitution prevent any one branch of government from exercising too much power.

answer:tPAGE:99TYPE:=

NAT: AACSB ReflectiveAICPA Critical Thinking

A5. Congress can regulate all commerce in the United States.

answer:TPAGE:100TYPE:N

NAT: AACSB AnalyticAICPA Critical Thinking

A6. The Constitution expressly excludes state regulation of commerce.

answer: FPAGE:100type:=

NAT: AACSB AnalyticAICPA Legal

A7. When there is a direct conflict between a federal and a state law, the state law is rendered invalid.

ANSWER: TPAGE:102type:=

NAT: AACSB AnalyticAICPA Legal

A8. Whether the federal government has preempted a certain area is always clear.

answer: FPAGE:102type:=

NAT: AACSB AnalyticAICPA Critical Thinking

A9. The taxing and spending clause of the U.S. Constitution has had a greater impact on business than any other clause in the Constitution.

answer: FPAGE:103TYPE:=

NAT: AACSB AnalyticAICPA Legal

A10. Some constitutional protections apply to business entities.

answer: TPAGE:103type:=

NAT: AACSB ReflectiveAICPA Critical Thinking

A11. The First Amendment does not protect corporate political speech.

ANSWER: FPAGE:104TYPE:+

NAT: AACSB ReflectiveAICPA Critical Thinking

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