Mary is a bartender at a local pub. The state in which Mary works requires all bartenders to be
licensed. No special education or experience is required, but one must pay $25 per year for the
license.
Mary was not aware of this, so she did not obtain a license. When her boss found out
about this, he refused to pay Mary for the two weeks of work that she had done. Mary sues.
What results?
A) Since this type of licensing is unconstitutional, Mary can collect her wages.
B) Since this is a revenue raising statute, Mary can collect her wages.
C) Since this is an illegal contract, the courts will not enforce it.
D) Since this is a revenue raising statute, Mary cannot collect her wages.
E) Since Mary violated a regulatory statute, the contract is illegal.
B
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_____ is that property of a transitive verb that shows whether the subject acts or is acted upon
Fill in the blank(s) with correct word
Steven makes an intentional misrepresentation of fact regarding his motorcycle to Thelma, who agrees to buy the motorcycle based upon the misrepresentation. This contract is:
a. executed. b. void. c. unenforceable. d. voidable.
Socially responsible advertisers
A. do what society views as best for the welfare of people in general. B. realize their primary responsibility is to increase profits. C. do what the government wants and requires. D. do what ethical societies have prescribed for businesses. E. are mindful of the need for open communication.
The key fraud issue in the Franklin Industries Whistleblowing Case is:
A. Fraudulent financial statements were covered-up B. Corporate culture pressured an employee to go along with fraud C. Retaliation for reporting an embezzlement fraud D. Recording revenues too soon led to fraudulent statements