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TRUE/FALSE. Circle Tir the statement is true and 'F if the statement is false. Business law consists of the enforceable rules of conduct that govern

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TRUE/FALSE. Circle Tir the statement is true and 'F if the statement is false. Business law consists of the enforceable rules of conduct that govern commercial relationships. Tor F 2) Model or uniform laws are a source of law that are binding on courts. Tor F 3) Presidents base the power to issue executive orders on Article II, Section 3 of the Constitution, which establishes the constitutional power of the president to take care that the laws be faithfully executed." Tor F 4) The Foreign Corrupt Practices Act makes it unlawful for a U.S. person to make payments to a foreign official to obtain or retain business with any person Tor F 5) Consequentialism provides a rigid set of rules to follow regardless of the situation. Tor F 6) Juries decide questions of law. Tor F 7) Judicial review is explicitly laid out in the Constitution. Tor F 8) The Third Amendment protects citizens from unreasonable search and seizure. Tor F 9) Reinforcing a vision of a just society is one of the purposes of tort law. Tor F 10) A strict liability tort occurs when a defendant acts with the intention of engaging in a specific act that ultimately results in injury. Tor F 11) Torts can be classified into three classifications in the U.S.: intentional, accidental and negligence. Tor F 12) The severity of potential harm is a factor in determining whether a reasonable person would have owed a duty to others. T or F 13) Res ipsa loquitur allows a judge or jury to infer that the defendant's negligence was, more likely than not, the cause of the plaintiff's harm. Tor F 14) In a product liability lawsuit, a mere bystander may not invoke the doctrine of strict liability. Tor F 15) The state-of-the-art defense is not available in all states in strict liability cases. Tor F 16) A producer of razor blades need not war consumers that a razor blade may cut someone. Tor F 17) A manufacturer of a raw material, such as baking soda, has no duty to warn the public of the consequences of using the product in a dangerous or criminal manner

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