Quiz Mark 10" Business - Business Law

Under the Lanham Act, the FTC may sue advertisers for damages for deceptive ads

Select the statement that represents a situation where informed consent is not operative.

Efficiency norms aid in maximizing the amount of wealth in our society

In some states, in the absence of privity, or a similarly close relationship, a party cannot recover from an accountant for negligence.

5

Which of the following is not true of the various aspects of the Federal Labor Relations Authority (FLRA) with regard to representation of bargaining units? A) It is empowered to determine the appropriateness of a representation unit of federal employees

6

In the text case, Campbell v. Robinson, Campbell, the plaintiff, sued the defendant, his former fiancé Robinson, claiming that she wrongfully refused to return an engagement ring when the marriage was cancelled. The defendant claimed that she was entitled to keep the ring because Campbell was at fault for calling off the marriage. Further, Robinson claimed that Campbell told her to keep the ring, even after the engagement was called off, a claim that Campbell denied. The trial court ruled in favor of the defendant, and Campbell appealed. Which of the following outcomes was the result of the appeal in the case?

in Business

A. The original verdict was affirmed, and the defendant was entitled to keep the ring because the termination of the engagement was the plaintiff's fault.
B. The original verdict was reversed, because the ring was a conditional gift, and when the engagement was terminated, the defendant was required to return the ring.
C. The original verdict was affirmed in part, reversed in part, and remanded for a new trial because a jury question was presented as to whether the plaintiff made an absolute gift of the ring to the defendant after the termination of the engagement, and errors on the jury charge and verdict form prejudiced the plaintiff.
D. The original verdict was affirmed and the defendant was entitled to keep the ring because it was an inter vivos gift, and there had been delivery, donative intent, and acceptance of the gift when she initially received it.
E. The original verdict was affirmed in part and reversed in part, because under principles of equity, the plaintiff was entitled to keep the ring, but only if she paid the defendant half of its value and that if she refused to do so, the ring would be sold and the proceeds split between the parties.

7

Shareholders of a corporation may also be employees of that corporation.

8

Rodrigo is a chemical engineer at Blue Ox Chemicals. He is the only Hispanic employee in his department. He is terminated after 10 months on the job based on poor performance. According to his supervisor, Rodrigo continued to be the least productive employee in the department is spite of frequent feedback and training given to him. Rodrigo believes he has a good claim for discrimination because he was the only Hispanic in the department. Which of the following is the likely result?

9

What is the length of the rescission period if a mortgage lender makes a mistake in the disclosure of the APR to the consumer borrower?

10

Kim promises to pay Leo $500 to install a sump pump in Kim's warehouse. Leo completes the installation. The act of installing the pump

11

Under the Foreign Corrupt Practices Act, bribes are allowed when:

12

The amount of money involved in asbestos liability litigation is at least:

13

Aaron and Bryson are both residents of Iowa, but they have a dispute regarding some land located in Kansas. Aaron files, in Kansas, a lawsuit regarding the land and Bryson objects, claiming the Kansas courts have no jurisdiction. In this case:

14

Anything less than complete performance is a material breach of contract

15

Which of the following refers to an attorney's first opportunity to address the jury with a summary of the case; it might include a summary of the facts and an outline of the evidence that the attorney plans to present?

16

The ________ exemption is an exemption that applies to employees who will be paid by the client or customer, whose primary duty is making sales or obtaining orders or contracts for services, and who is customarily and regularly engaged away from the employer's place of business.

17

Owners of commercial property enjoy greater privacy expectations in their property for Fourth Amendment purposes than do owners of residential property.

18

The United Nations Convention on Contracts for the International Sale of Goods is the law that governs contracts for the international sale of goods.

19

The Fourteenth Amendment's Equal Protection Clause "strict scrutiny" test will be used when the legislation

20

In the United States, only ______ can bring criminal charges

21

The R-value is a measurement of what aspect of a building?

22

Employers can require employees to participate in such religious activity as weekly prayer meetings.

23

What is legal insanity?

24

The delivery of goods to a common carrier creates a relationship between the shipper and the carrier.

25

Threatening to immediately touch another person without justification, excuse or permission, in a way the other perceives as harmful or offensive, is the tort of

26

Discrimination based on information from which it is possible to determine a person's propensity to be stricken by diseases is called ________.

27

The operation of GATS is overseen by the ________ made up of representatives of all WTO member states

28

Multiple listing services are not subject to antitrust laws

29

Before being transported, hazardous waste generated by Perilous Fabrication, Inc, must be properly labeled and packaged under the Resource Conservation and Recovery Act by

30

Any corporation not meeting the requirements for an S corporation is automatically a C corporation

31

Under admiralty jurisdiction, which of the following would not be considered a "vessel in navigation"?

32

Quincy signs a check payable to Richland Investors, Inc., and gives it to Richland, leaving the amount blank but authorizing Richland to fill in the check for $1,000. Richland fills in $1,459 and negotiates the check to Silverado Bank, to whom Richland owes $1,459. Silverado Bank, an HDC, can enforce the check for

33

Discharge relieves the debtor in bankruptcy from liability for all of his debts

34

Which of the following is NOT one of the five ways to discharge a negotiable instrument?

35

The Abbot Corporation contracts with the Baker Corporation to sell to Baker its entire production. After signing the agreement, Abbot can increase its production from one shift to two shifts and Baker will have to buy all of the doubled production

36

A customs union is: A) a group of customs laws intended to reduce tariffs and stimulate trade

37

Which of the following is true of real defenses?

38

First degree murder is:

39

If a consumer reports the loss before the card is used, the consumer: ______

40

When are punitive damages awarded by courts?

41

Describe the three modalities of providing public access to information under the

42

Once a court has decided a case, the principle of stare decisis precludes correction of erroneous decisions

43

Melinda signs a three year contract for employment as a legal studies lecturer. Does this type of contract fall within the scope of the statute of frauds?

44

Section 406 of the Sarbanes-Oxley Act requires a public company to disclose whether it has adopted a code of ethics for senior financial officers

45

Under the UCC, if a buyer wrongfully rejects goods, he/she is liable to the seller for breach of the sales contract.

46

67. A corporation is created by a state issuing a/an ________ upon the application of individuals known as ________.

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 Mark 10" Business - Business Law

Recent Packs