Business - Business Law Quizlevel5

In all child custody cases, only the custodial parent has the right to make decisions on behalf of the child

A buyer entered into a buyer agency agreement that gave him the right to purchase property on his own and not pay the buyer's agent. This BEST describes a(n)

3

When a customer's negligence contributes to a forgery, the bank normally is obligated to recredit the customer's account for the amount of the check.

4

Which of the following is true of duties that an employee has toward the employer? A) An employee has no duty of confidentiality regarding business matters

5

The Maine state legislature passes a law to regulate local delivery services. The final authority regarding the constitutionality of this law is

6

The EU's structure consists of: A) Council of Ministers

7

Which of the following describes the role of arbitration and mediation in e-commerce cases?

8

The FDA had approved a new diet drug for the market. The agency pulled the approval and the drug off the market because a staff member said, "This drug didn't work for me." The manufacturer of the drug could challenge the FDA action: A) as arbitrary and capricious

9

When a testator provides for a bequest of his gold watch to his nephew, but the gold watch is not owned by the testator at the time of death: __________

10

Which of the following was established by the Uniform Electronic Transcription Act (UETA)?

11

Which of the following statements holds true for the manifest system of hazardous waste disposal?

12

At Saint Alphonsus Regional Medical Center, Dr. Schwabb wears a scrub with the words "SARMC" on it. Schwabb, however, has his own practice across town and is not an employee of SARMC. If sued by a patient, Schwabb would not be liable under the doctrine of agency by ratification.

13

Explain what is meant by slander per se

Defamation is the intentional publication (communication to a third party) of a false statement that is harmful to the plaintiff's reputation. If the defamation is spoken, it is slander. In the case of slander, the plaintiff must usually prove "special" damages, which means that to recover damages, the plaintiff must demonstrate an actual monetary loss resulting or flowing from the slanderous statement. Slander per se involves statements that are considered by their very nature to be so obviously harmful to a person that no proof of special damages is needed. Traditionally, statements are considered slander per se if they are statements that say:
a. one has a loathsome communicable disease;
b. one has committed improprieties in the performance of his or her profession;
c. one has committed or been imprisoned for a serious crime; or
d. an unmarried female is not chaste.

14

Unilateral conduct may violate Section 1 of the Sherman Act under some circumstances

15

Unless the seller has agreed to extend credit to the buyer, the buyer must pay for the goods at the time they are delivered.

16

Under the near privity approach, an accountant may be liable in negligence to third parties when the:

17

A general warranty deed has:

18

A contract is bilateral contract if the offeror's promise is answered with the offeree's promise of acceptance

19

Unimproved land sites must have prior document approval by HUD

20

An LLC may be managed directly by its owners

21

There is only one kind of value - individual value.

22

Alpha Enterprises sent an offer to Omega Enterprises. The offer read as follows: AVAILABLE FOR IMMEDIATE SHIPMENT: 600 WIRELESS NOKIA PHONES - MODEL HCG5321 (THE PHONE FROM "CHARLIE'S ANGELS"). PRICE IS $10 EACH. 30 DAYS, SAME AS CASH. ALL WARRANTIES IN EFFECT. THIS OFFER EXPIRES ON TUESDAY, MARCH 15, 2016. Omega sent the following letter in response on March 14, 2016, via overnight delivery:

23

When a licensee induces someone to sell their property by telling the person of a certain protected class are moving into the neighborhood, it is:

24

________ are areas in international airports and harbors where travelers can buy goods free of local sales and excise taxes

25

Reformation is

26

Data Inc. pays income and other taxes collected by the Internal Revenue Service (IRS). Like other federal administrative agencies, the IRS was created by

27

State law establishes the procedures for asserting appraisal rights

28

One who dies after having made a valid will is said to have died testate.

29

Tim, who is a minor, enters into a contract with Violet, who is an adult. Which of the following is correct?

30

Which term is commonly used for "net proceeds from sale"?

31

Lucas is a corporate officer for Micro Manufacturing Company. Ethical dilemmas that Lucas is not likely to encounter include deciding

32

A crime is a violation of statutory law

33

"Slamming" is the illegal practice of adding channels to a consumer's cable service without permission.

34

A resulting trust is a trust implied in law.

35

The creation of the ________ was an attempt to reestablish the perceived independence of auditing companies after the corporate accounting scandals of the early 2000s.

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Business - Business Law Quizlevel5

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