Business Law 3310 Exam 1 Review Questions And Correct Answers 2023/2024

Felony {Ans: Major crime punishable by 1 year or more}The Executive Branch has the power to {Ans: issue regulations under those statues}The Supremacy Clause {Ans: Article VI, The Constitution and federal laws are supreme over laws of all the states.}The commerce clause gives congress the power to? {Ans: Power to regulate interstate commerce granted by the U.S. constitution.}Wire Fraud {Ans: fraud involving using the use of electronic communications, such as telephone or internet to obtain money.}Embezzlement {Ans: statutory offense when a person fraudulently appropriates for her own use the property or money entrusted to her by another.}Exclusionary Rule {Ans: 4th amendment, evidence that has been gathered in violation of the search-and-seizure rules cannot be used against a defendant at trial.}Civil Law {Ans: concerned with the rights and responsibilities that exist among members of society & government in noncriminal matters.}What is a case of first impressions? {Ans: A case in which there is no precedent.}County Courts at Law {Ans: Handles cases up to $100k}Supreme Court {Ans: The highest federal court in the US, consisting of nine justices and taking judicial precedence over all other courts in the nation.}5th Amendment