List and describe the various schools of jurisprudence

What will be an ideal response?


The various schools of jurisprudence include:
1. The natural law school, which considers the source of law absolute (nature, God, or reason);
2. The positive school, which considers the source of law the sovereign;
3. The sociological school, which considers the source of law contemporary community opinion and customs;
4. The American realist school, which considers the source of law the actors in the legal system and scientific analysis of their actions;
5. The Critical legal studies school, which considers the source of law a cluster of legal and non-legal beliefs that must be critiqued to bring about social and political change;
6. The feminist school, which holds that jurisprudence reflects a male-dominated government system in which women's perspectives are ignored and women are victimized; and
7. The law and economics school, which applies classical economic theory and empirical methods to all areas of law in order to arrive at decisions.

Business

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Weirick, Inc., manufactures and sells two products: Product T8 and Product P4. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:  EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct T8Product P4TotalLabor-relatedDLHs$132,4641,4005,4006,800Production ordersorders 32,6045007001,200Order sizeMHs 762,1064,3004,0008,300  $927,174   The total overhead applied to Product T8 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)

A. $435,683 B. $190,890 C. $168,578 D. $394,826

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Which of the following actions does NOT constitute an ‘offer'?

A) A homeowner advertises his house for sale with an asking price of $450,000 B) A customer selects a grocery item from a shelf and presents her credit card to the cashier as payment for it C) A person places an ad on Kijiji to sell a motorcycle for $3,800 D) A storeowner displays cheese for sale with a price tag of $4 per package E) All of the above are valid offers

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_____ is the single most important determinant of the capital structure of a firm.?

A. ?Financial leverage B. ?Financial risk C. ?Operating income D. ?Business risk E. ?Sales revenue

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Which of the following is NOT a factor influencing service capacity?

a. customer proximity b. nature of demand c. demand volatility d. total market size

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