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business
essentials business law
Questions and Answers of
Essentials Business Law
Study the following case. Answer the questions that follow with Yes or No.Katsoulas, a U.S. car dealer, had a contract with a Korean automobile manufacturer for the delivery of several cars. When the
How do tariffs protect domestic industries, and how do they hinder world trade?
What are some reasons for trade sanctions and embargoes? How do they differ from export and import controls?
Discuss some of the ways international trade is regulated by international law.
Cite reasons for the increased need for international law in recent years.
Using the Internet and search engines, investigate a case of professional liability and the basis upon which it was decided.
Working in teams of three or four, interview local insurance agents and brokers to learn about various forms of insurance, such as life, health, automobile, fire, theft, flood, disability,
Study each of the following case carefully. Briefly state the principle of law and your decision.Chard completed an educational program in financial planning and was awarded the certification offered
Study each of the following case carefully. Briefly state the principle of law and your decision.The Irvin family had retained Jones as the family accountant for many years. Under the contractual
Study each of the following case. Answer the questions that follow with Yes or No.Li, an architect, designed a large ranch-type house for Spadacini. Within two years after construction, the house
Study each of the following case. Answer the questions that follow with Yes or No.Philasen underwent minor surgery for the removal of his tonsils. Serious complications developed when he was
Study each of the following case. Answer the questions that follow with Yes or No.Weiss, an accountant, prepared the usual accounting records for Malucic, the owner of a clothing store. Malucic
Where should the line be drawn between a reasonable number of securities transactions and churning?
Does having malpractice insurance lessen the care taken by professionals?
Does the licensing of professionals guard against negligence? Advance arguments for and against.
What are some ways that professionals can reduce their risk of negligence lawsuits?
Distinguish between insurance agents and brokers. Do you think that one should bear greater responsibility than the other for advising buyers about their insurance needs?
Identify a financial loss suffered by a third party for which an accountant can be found liable.
Explain how the malpractice or negligence of a professional might cause injury to third parties.
Of the four elements of negligence, is one of them more critical than the others?
Discuss why the malpractice of professionals is considered more serious by society than negligence by nonprofessionals.
Why would a company that is subject to strict liability be hesitant to introduce new or innovative products?
Identify examples of consumer products regulated by the Consumer Product SafetyCommission.
Identify the kinds of business that can be charged with product liability.
Using the Internet and search engines, navigate to the websites of several cigarette manufacturers. What warnings regarding tobacco use do these companies provide?
Study each of the following case. Answer the questions that follow with Yes or No.Parker, a person with no medical training, gave a prescription drug to Zimmerman, a friend, to alleviate back pain
Study each of the following case. Answer the questions that follow with Yes or No.Eddington operated a toy store and carried merchandise from both domestic as well as foreign manufacturers. As the
Study each of the following case. Answer the questions that follow with Yes or No.Kriz, an elderly man who was quite overweight, purchased a power lawnmower from a nationally known retailer. To start
Study each of the following case carefully. Briefly state the principle of law and your decision.Garafolo was employed as a salesclerk at a liquor store. An armed robber entered the store one day and
Study each of the following cases. Answer the questions that follow with Yes or No.Melski was a truck driver with a large shipping company. Pursuant to company policy, all drivers were required to
Study each of the following cases. Answer the questions that follow with Yes or No.Widra was a cashier at a large clothing store in her town. Believing her wages were below those offered by the
Study each of the following cases. Answer the questions that follow with Yes or No.Should employees be protected from discrimination based on sexual orientation or gender identity? If so, how is it
If a union and a company have agreed to a collective bargaining agreement, is it ethical for employees who disagree with its terms to engage in a slowdown?
How can the NLRB determine whether an employer is bargaining in good faith?
In teams of three or four, interview managers of local businesses. Ask them if they have ever provided a negative reference for a former employee.
Study each of the following cases. Answer the questions that follow with Yes or No.Killian was hired as a human resources manager for a company that employed about 75 people. She decided that it
Study each of the following cases. Answer the questions that follow with Yes or No.Packerd owned a restaurant that employed several employees as servers. When sales began to decline, Packerd decided
Study each of the following case carefully. Briefly state the principle of law and your decision.Zanucky was employed by a furniture store as a driver of a delivery truck. While making a delivery, he
Study each of the following case carefully. Briefly state the principle of law and your decision.Kenneth Zippo Manufacturing Co. (ZMC) manufactured lighters at its facility in Bradford, Pennsylvania,
Study each of the following case carefully. Briefly state the principle of law and your decision.Jonathan G. Lebed was a 15-year-old Internet maven who, over about a six-month period, on 11 separate
Kule purchased an antique doll for $700 from Elliott through an auction website known as e-Auction. The description of the doll provided by Elliott stated that it was in “good condition,” but
Study each of the following case. Answer the questions that follow with Yes or No.Iago started a restaurant specializing in vegetarian dishes that quickly grew. In order to raise more funds for
Study each of the following case. Answer the questions that follow with Yes or No.Mikai developed an exercise device that she sold on a website. Sales were brisk, and she soon discovered that she
Why and how are contracts of adhesion especially problematic for offers made on the web?
Currently there is a $1 million limit on the amount a company may raise in 12 months through crowdfunding. Should investors have more opportunities to purchase securities over the internet through
How can the law better protect individuals who are considering making investments over the web?
Name five advantages for individuals who select alternative dispute resolution over litigation and give an example of each.
How can Internet service providers protect themselves against a charge of copyright infringement?
When is insider trading of securities illegal?
Compare and contrast the two main statutes that cover the sale and distribution of securities in the United States.
Indicate whether the following statement is true or false.A use tax is a tax to a consumer who uses goods within a state, as opposed to buying them within the state.
A state wishing to collect a sales tax levies the tax on the buyer of goods but usuallyrequires the seller to collect the tax.
Indicate whether each of the following statements is true or false.A disadvantage to alternative dispute resolution is that it is far more time-consuming than litigation.
Indicate whether each of the following statements is true or false.Mediation is a form of alternative dispute resolution in which a neutral party decides a case as if he or she were a judge and jury.
Study each of the following case carefully. Briefly state the principle of law and your decision.An employee posted on her personal Facebook page that her manager “does not feel that we help
Study each of the following case. Answer the questions that follow with Yes or No.Axeler and AvePoint are competitors producing software products, primarily for the military market. Axeler employees
Study each of the following case. Answer the questions that follow with Yes or No.Stanley is employed as a truck driver by a national company. As he is traveling on a cross-country trip, he discovers
Study each of the following case. Answer the questions that follow with Yes or No.Workers’ compensation claims by employees injured at the workplace allow for compensation for lost wages and
Study each of the following case. Answer the questions that follow with Yes or No.Jones, a popular radio personality, uses the name “Rocky Shores” on his show. The name “Rocky Shores” has
What emerging issues do you see for businesses as the use of social media expands and develops?
Should companies monitor, restrict, or ban unaffiliated group pages that purport to boost a company’s products?
Should social media be used by companies to disclose information to investors?
Are there instances when social media posts should not be used as evidence?
Why would a creditor want information about a potential borrower’s social media use?
Should the government (state and federal) implement laws that restrict employers from requiring password and username information from employees or potential employees?
How does social media facilitate identity theft?
When posting reviews on social media, what might be a defense to a claim of defamation?
What are three ways that social media could be used that would infringe on trademark rights of a company?
What are some of the legal problems with using social media posts as evidence?
How does evaluating social media use for determining creditworthiness potentially violate federal law?
Identify two crimes that could be carried out using social media.
Explain why an employer would restrict an employee’s speech on social media.
Indicate whether each of the following statements is true or false.Employers may use social media activity as a consideration in making employment decisions.
Indicate whether each of the following statements is true or false.Employees posting positive reviews of products on behalf of employers are not required to disclose their employment status.
Indicate whether each of the following statements is true or false.Social media posts may be considered advertising subject to FTC restrictions on deceptive advertising.
Indicate whether each of the following statements is true or false.Current securities law disclosure allows a company to only use social media for disclosing information to investors.
Indicate whether each of the following statements is true or false.Social media fan group pages are always designated improper affiliation.
Indicate whether each of the following statements is true or false.Social media posts may be used in certain circumstances as evidence.
Indicate whether each of the following statements is true or false.Unlike domain names, user names are not subject to laws preventing cybersquatting.
Indicate whether each of the following statements is true or false.Employers are not allowed to implement any restrictions on employee use of social media to protect trade secrets.
Indicate whether each of the following statements is true or false.Defamatory social media speech is a tort.
Indicate whether each of the following statements is true or false.Employers in all states are prohibited from asking for social media passwords.
Study each of the following case. Answer the questions that follow with Yes or No.Rumorville, a daily online newspaper, was part of a journalism forum on the Internet published by Fitzpatrick.
Study each of the following case. Answer the questions that follow with Yes or No.WeAreTravel Corp., a retail travel agency doing business in Pennsylvania, regularly sent computer messages to all
Study each of the following case. Answer the questions that follow with Yes or No.Schroeder, a student at Plymouth College, entered a computer lab on campus, overrode the password system, entered the
Study each of the following case. Answer the questions that follow with Yes or No.Dragos was interested in obtaining memorabilia relating to her favorite 1980s heavy metal band, Deaf Panther. Through
What are some advantages and disadvantages of legally restricting spam in cyberspace?
What justification might there be for an employer to be legally entitled to view an employee’s e-mail without the employee’s permission?
How does the presence of cookies on the hard drive of a user’s computer harm an individual’s right to privacy?
Identify five types of laws that restrict speech but would, nonetheless, be constitutionally permissible.
Distinguish the Electronic Communications Privacy Act from the Computer Fraud and Abuse Act in terms of intent to commit a crime.
Give three examples of unauthorized uses of computers that can result in criminal prosecution.
Name four rights that may be violated when individuals gain access to computers without proper authorization.
Indicate whether each of the following statements is true or false.Spam is illegal in the United States
Study each of the following case. Answer the questions that follow with Yes or No.Legin, a professional writer, discovered that substantial amounts of a copyrighted article he had written 10 years
Study each of the following case. Answer the questions that follow with Yes or No.Hanna developed a refreshing drink using banana extract. She started a business, the Hanna Soft Drink Corporation,
Study each of the following case. Answer the questions that follow with Yes or No.Morales owns a bakery that makes and sells the popular “Morales Chocolate Chip Cookie” nationally to gourmet
How Trademarks Are Lost What is the justification for allowing a trademark owned by a company to become generic?
Protecting Trade Secrets Should an individual who is offered an employment position sign an employment contract that contains a restrictive covenant?
Why is it important to society that the law protect intellectual property?
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