Introductory Business Law CLEP Prep Practice Exam

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Prepare for the CLEP Business Law Exam with flashcards and multiple-choice questions. Each question comes with hints and explanations to help you succeed. Master the content and pass your exam!

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What type of law deals with the rights and obligations of parties that are affected by the actions of the court?

  1. Civil Law

  2. Criminal Law

  3. Equity Law

  4. Administrative Law

The correct answer is: Equity Law

Equity law specifically deals with the rights and obligations of parties affected by the actions of the court. Civil law is a broader concept that includes all laws related to individuals and their interactions with each other, including contracts, property, and family law. Criminal law involves legal proceedings related to crimes and punishments. Administrative law deals with the regulations and operations of government agencies. None of these other options specifically focus on the rights and obligations of parties affected by the actions of the court, making C the correct answer.