Bus 3253 Professional In Business World

1. The U.S. Constitution is the origin of the authority for making laws that govern business. *a. True b. False 2. In a federal form of government, the national government shares sovereign power withthe states. *a. True b. False 3. All powers not specifically delegated to the federal government are reserved to the states. *a. True b. False 4. The checks and balances in the U.S. Constitution prevent any one branch of government from exercising too much power. *a. True b. False 5. Under the Constitution, the judicial branch makes the laws. a. True *b. False 6. Under the Constitution, the judicial branch is responsible for foreign affairs. a. True *b. False 7. The President determines the jurisdiction of the federal courts. a. True *b. False8. The Constitution permits Congress to regulate interstate commerce. *a. True b. False 9. The federal government can regulate almost every commercial enterprise in the UnitedStates. *a. True b. False 10. The judicial branch has the power to hold actions of the other branches of government unconstitutional. *a. True b. False 11. If a tax measure is reasonable, it is generally held to be within the national taxing power. *a. True b. False 12. The