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Rescission is the cancellation of a contractual obligation.

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The common law is a body of law developed from judicial decisions.

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Believing that a higher, or universal, law exists that applies to all human beings, and that each written law should reflect the principles inherent in this higher law, is


A) the historical school of legal thought.
B) legal positivism.
C) the natural law tradition.
D) legal realism.

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The Food and Drug Administration (FDA) is an executive agency. As an executive agency, the FDA is subject to the authority of


A) no government official or entity.
B) the president.
C) state legislatures.
D) the U.S. Attorney General

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The Uniform Commercial Code provides a set of rules governing


A) commercial transactions.
B) state legislative adoptions.
C) congressional procedures.
D) administrative processes.

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Secondary sources of law include


A) state constitutions.
B) legal scholars' research.
C) laws passed by local governing bodies.
D) regulations created by administrative agencies.

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In a civil case, the object is to


A) resolve a dispute to the satisfaction of all concerned parties.
B) take coercive action against a violating party.
C) punish a wrongdoer to deter others from similar actions.
D) obtain a remedy to compensate the injured party.

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Cyberlaw is


A) a classification of law.
B) a new type of law.
C) law that relates to the online environment.
D) all of the choices.

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Because laws may change, the ability to analyze and evaluate the legal ramifications of situations as they arise is not a lasting skill.

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Common law rules develop from


A) principles underlying judges' decisions in actual controversies.
B) regulations issued by administrative agencies.
C) statutes enacted by Congress and the state legislatures.
D) uniform laws drafted by legal scholars.

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The doctrines and principles announced in court decisions govern all areas not covered by statutory or administrative law.

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A federal statute applies only to those states that agree to apply it within their borders.

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