1. An agency relationship may be created by:

Group of answer choices

A. Operation of Law

B. Estoppel

C. Ratification

D. All of these answers are ways to create an agency relationship

2. __________ is the formal disbanding of a corporation or partnership. It can take place by (1) acts of the partners or of the shareholders/directors; (2) the death of a partner; (3) expiration of a time period stated in the partnership agreement; or (4) judicial decree.

Group of answer choices

A. Dissolution

B. Ultra vires act

C. Winding up

D. Poison Pill

3. "Piercing the corporate veil":

Group of answer choices

A. Allows companies to enter into a consolidation

B. Allows companies to enter into a merger

C. Allows the court to see through unconscionable contracts of a company

D. Allows shareholders to be held personally liable for company debts/judgments

4. Which of the following IS a theory of sexual harassment that the courts recognize?

Group of answer choices

A. De minimus non curate lex

B. Per se harassment

C. Respondeat superior

D. Quid pro quo

5. Preemptive rights:

Group of answer choices

A. allow shareholder to maintain their percentage of ownership when new shares are sold

B. allow partners to sell land to third parties

C. allow partners to leave the partnership before the partnership contract ends

D. allows employers to legally fire employees when they have a disability under the ADA