Quiz Facts 8. Business - Business Law

What activities can a compliance officer undertake on an inspection tour?

Which of the following is correct regarding a two-for-one stock split?

Call Center Corporation, a U.S. firm, owns property in India. The government of India seizes the property for a proper public purpose and pays Call Center just compensation. This is

4

Fact Pattern 26-1ASeymour writes a check on his account at Platinum Bank to Teri to pay a debt. Teri negotiates the check by indorsement to Rosanna, who presents it for payment to Onyx Bank.Refer to Fact Pattern 26-1A. If Onyx Bank dishonors the check, Rosanna can obtain payment from Teri

5

If an individual dies without a will, then they are said to have died intestate.

6

Which of the following happens when a general partner withdraws from a limited partnership?

7

The Federal Water Pollution Control Act, enacted by the Congress in 1948, continues to be applied across the United States in its original form, without amendments.

8

Bruce was an excellent kitchen manager who had recently tested positive for AIDS. He applied for a job in a restaurant, but was rejected because the restaurant feared that his illness may transmit to others when he handled the food. This is a violation of Americans with Disabilities Act. Under this circumstance, Bruce has legal remedies in the form of: A) liquidated damages

9

Which of the following statements is true about nominal damages?

10

A bill of lading serves as:

11

The Immigration Reform and Control Act (IRCA) allows discrimination in favor of U.S. Citizens (as opposed to non-U.S. Citizens legally residing in the U.S.) but only so long as the employer can demonstrate that citizenship is a BFOQ.

12

Employee privacy rights for unionized employees are covered under: A) the First and Fourteenth Amendments of the Constitution

13

Identify an argument that supports the policies aimed at protecting domestic business and domestic jobs.

14

Ralph Davis owned a frozen yogurt shop that was quite successful because it was the only shop within a three-mile radius of three high schools. The high school students and their families were his customer base. Ralph sold the yogurt shop to Denise Cole. Their agreement provided that Ralph would not start another yogurt shop within a five-mile radius of Denise's shop. The agreement between

15

Foreclosure sales are permitted only in select states

16

Which of the following is a characteristic of alternative dispute resolution?

17

The key difference between a deposit and a down payment is which of the following?

18

In order for a copyright holder to collect money damages from a person who used copyrighted material, it must be proven that:

19

Two security services, A-to-Z Security and Secure-Safe Security, propose to merge. Each corporation has fewer than 10 shareholders. The proposed merger receives majority shareholder approval. Roberto, a minority shareholder who owns 10% of the stock in Secure-Safe Security, however, is very much opposed to the merger. He tells the other Secure-Safe shareholders that unless they convince him otherwise, he will block the merger. What are Roberto's rights as a dissenting shareholder, and does he have the power to block the merger?

20

Arturo, an exotic animal dealer contracts with Benita, an importer of exotic animals, to purchase several rare lizards. After the contract is executed, the U.S. government issues a ban on the importation of lizards. When Benita fails to deliver the lizards as per the contract, Arturo tells her she is in breach of their contract. What is Benita's best defense?

21

The Equal Credit Opportunity Act applies only to consumer transactions.

22

A Ford Motor Company dealership is an example of what type of franchise?

23

Which of the following statements is true of the duty of loyalty?

24

The Revised Model Business Corporations Act states that a director is entitled to rely on information and reports provided or prepared by ________

25

A(n) ____________________ is a court order that forbids a person from doing a certain act

26

Injunctions are one type of equitable remedy available for a plaintiff

27

Explain what happened in the 1968 Supreme Court's re-interpretation of the First Amendment to the U.S. Constitution regarding public employees' limited speech protections

28

When a payee wants to get cash immediately for a draft he can sell it to another party, but interest must be paid. This is called:

29

Covenants not to compete are illegal per se

30

Islamic law, the legal system influenced by the religion of Islam, is referred to as shari'a

31

A case is ready to go to trial after completion of:

32

The 1933 Securities Act primarily concerns issuing of new securities, not the regulation of existing securities

33

Carlton Dean is late for his class at Grinnell College in Grinnell, Iowa and carelessly runs a stop sign. As luck would have it, Elliot Klein is driving through the intersection. Elliot is a visitor in Grinnell from Arizona. Although Elliott is not injured, his Mercedes suffers badly, with $7,000 total damages, and he is forced to rent a car for a week while it is repaired. Additional expenses

34

On February 1, Dorian Winn, a publisher, hires Travis to write twenty books of a novel-series, each over a thousand pages long. Travis laughs, saying that it could take a year just to write one of the books. Travis also says that the oral contract for the project wouldn't be valid anyway. Is Travis correct?

Find your answers, solutions and more...

We made it much easier for you to find exactly what you're looking for on Sciemce. Enjoy our search engine "Clutch."

Save a GPA. Donate your notes with us.

Quiz Facts 8. Business - Business Law

Recent Packs