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TRUE - FALSE 1. 2. 3. 4. 5. 6. 7. 8. Moral principles and values applied to social behavior are ethics. Basic guidelines to

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TRUE - FALSE 1. 2. 3. 4. 5. 6. 7. 8. Moral principles and values applied to social behavior are ethics. Basic guidelines to help corporate employees judge their actions include the law, rules and procedures, and heroes. There are numerous sources of American Law. The Enron scandal is an example of institutional and systematic accounting fraud. The decision in Bad Frog Brewery, Inc. V. New York State Liquor Authority was a victory for the State of New York and a limitation on freedom of expression. A State Constitution may be amended. Laws enacted by legislative bodies at any level of government make up the body of law generally referred to as statutory law. Common law is a body of general rules that applied throughout the entire English realm. 9. Once a court has set forth a principal of law as applicable to a certain set of facts, that court and courts of lower rank must adhere to that principle. 10. A defendant is the party who initiates a lawsuit.

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