Let Quiz 3/Business - Business Law

Corporations have achieved dominance in which of the following ways?

Pat, a black woman, had been working as an associate photographer for Style Trends magazine for five years. When the chief photographer position opened up, Pat applied for the position but did not get selected. Instead, Sharon, a white woman, was appointed as the chief photographer. Even though Pat was aware that Sharon had better qualifications and experience to be a chief photographer, she filed a racial discrimination claim with the Equal Employment Opportunity Commission (EEOC). Which of the following holds true in this scenario?

3

The contact lens company, Here's Clear Eye, sold thousands of pairs of contact lenses in Kenya. The lenses were defective and resulted in severe eye infections, and in 156 cases, blindness. The purchasers of the lenses who bring suit in Kenya will be entitled to recover their purchase price, attorney fees and medical bills. Kenya does not permit recovery for pain and suffering nor for permanent

4

A counterclaim is a document filed by a defendant denying the allegations of the complaint.

5

Under the social security system, a worker is considered disabled when a severe physical or mental impairment prevents that person from working for a year or more or is expected to result in the victim's death.

6

As per the traditional rule, landlords had no legal responsibility for the condition of the leased property.

7

Bankruptcy discharge is:

8

If a debtor does not pay a mechanic's lien, the debtor's property can be sold to satisfy the debt

9

Disparate-treatment discrimination occurs when an employer intentionally discriminates against an employee who is a member of a protected class.

10

List the requirements for agency by ratification, and then list the requirements that must be met for ratification to be effective.

11

The philosophers of the Command School of jurisprudence will assert that the law is ________

12

Which of the following is true regarding the state of mind needed in order to find a violation of Section 16(b) involving short-swing trading?

13

Commerce & Business Insurance, Inc, has a valid reason to cancel a policy issued to DIY Auto & Truck Parts Company. In most states, Commerce & Business could cancel the policy on A) advance oral or written notice

14

Besides judges, the doctrine of judicial immunity also applies to:

15

Transfer of title to personal property can occur by all but which of the following ways?

16

A recognizance is an agreement by which one party admits or recognizes that a specified sum of money is owed to another party

17

Outsourcing Inc registers a domain name that is the same as the trademark of Resourcing LLC and then offers to sell the domain name to the mark's owner. Outsourcing's use of Resourcing's mark is

18

Ramiro is dissociated from the partnership he helped form ten years ago. If his partners want to continue the business, what must they do? Does it make any difference if the dissociation was wrongful?

19

________ rights protect individuals from being treated in ways that would violate their dignity and that would treat them as mere objects or means.

20

A seller of a defective product cannot be held strictly liable if it can be proved that he or she took all possible care in the preparation and sale of the product

21

Parties to a sales contract should act in a commercially reasonable manner and in good faith.

22

In general, the defenses available in a dispute over a contract can be raised against holders in due course

23

General Leasing Company (GLC) buys equipment for use as inventory, borrowing $1 million from Helpful Finance Corporation for a security interest in the equipment. The next day, GLC borrows $500,000 from Interstate Bank, also for a security interest in the equipment. GLC defaults on the loans. B15. Refer to Fact Pattern 29-2B. Suppose that Helpful perfects its security interest when GLC takes possession of the equipment. In that circumstance, the party with priority to the collateral on GLC's default would be

24

Lacy set her textbook under her chair in her business law class and then forgot to take it with her when she left the classroom. A janitor later discovered the textbook and gave it to the Dean of the Business College. In this situation, A) the college is a constructive bailee, obligated to return the textbook to Lacy, and until it does, it is liable for harm to the property

25

The law of mortgages comes from:

26

How did the Supreme Court majority respond to the Court of Appeals determination that the EEOC's remedy options were limited to injunctive relief in a situation where an employee signed a mandatory arbitration agreement?

27

Sunrich Company can process solar energy into an inexpensive fuel for internal combustion engines. As an innovator in its market, Sunrich currently has the power to affect the price of its product. This is

28

In U.S. legal terminology, the ________ is the party who is suing.

29

Under the UCC, contract modifications extorted from the other party are in bad faith but enforceable

30

Which of the following is not a major source of administrative law?

31

Seth grants express authority to Reba to enter contracts on his behalf. If Reba discloses to third parties that she is an agent for Seth, she has liability on a contract in all but which of the following situations?

32

Securities offerings in unlimited amounts can be exempt from the registration requirements in certain circumstances

33

Under RCRA, generators and disposal site owners are subject to regulation by the EPA and transporters of waste are subject to regulation by the Interstate Commerce Commission (ICC)

34

________ is the only state that does not have a two chamber legislature.

35

Assume that State University institutes a curfew for the female students who live on campus. To protect both the safety and morals of its female population, State University requires that the female students be in their dorms by 1:00 a.m. every night. There is no curfew for male students because they are less likely to be victims of attacks. If Nellie Nightowl wants to protest, which provision of the Constitution will she claim is being violated?

36

Franchises may be terminated by:

37

Validity is a measure's ability to yield consistent results over time.

38

Many states impose no limit on the rate of interest which may be charged on loans to corporations

39

Peter, a minor, purchased a car from ACME Motors. Using a fake ID, he misrepresented his age to be 18. The contract is fully executed. Which of the following is correct?

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Let Quiz 3/Business - Business Law

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