1.

Question 1

To protect your trade secrets, you must:

0 / 1 point

Take reasonable measures to keep them secret

Register them

Prove that they are distinctive

All of the above

Two of the above

None of the above

Incorrect

Reference week 6 for the correct answer

2.

Question 2

The veil of ignorance is

0 / 1 point

Used to protect parent corporations from liability

Used to protect senior corporate executives from personal liability

A version of the gravestone test

All of the above

Two of the above

None of the above

Incorrect

Reference week 9 for the correct answer

3.

Question 3

You should consider the following corporate political strategy when attempting to influence public policy:

1 / 1 point

Coalition building

A strong compliance strategy

A regulatory gap strategy

All of the above

Two of the above

None of the above

Correct

4.

Question 4

Types of illegal sexual conduct include:

0 / 1 point

Unwelcome conduct

Quid pro quo

Hostile environment

All of the above

Two of the above

None of the above

Incorrect

Reference week 3 for the correct answer

5.

Question 5

Negotiation and mediation are similar except that with mediation:

0 / 1 point

A third party decides the case

Witnesses testify under oath

Mediators generally follow court procedure

All of the above

Two of the above

None of the above

Incorrect

Reference week 8 for the correct answer

6.

Question 6

Lobbying:

0 / 1 point

Is now illegal in the United States

Cannot be used by company officers

Can provide a useful service to government officials

All of the above

Two of the above

None of the above

Incorrect

Reference week 5 for the correct answer

7.

Question 7

Trademark law affects your company's:

0 / 1 point

Logo

Product designs

Marketing materials

All of the above

Two of the above

None of the above

Incorrect

Reference week 6 for the correct answer

8.

Question 8

The employment-at-will rule is followed:

0 / 1 point

In the United States

In all countries

Only in countries that use the common law system that originated in England

All of the above

Two of the above

None of the above

Incorrect

Reference week 3 for the correct answer

9.

Question 9

The Nike "swoosh" is an example of a:

0 / 1 point

Design mark

Composite mark

Touch mark

All of the above

Two of the above

None of the above

Incorrect

Reference week 6 for the correct answer

10.

Question 10

Examples of preliminary documents used in contract negotiations include:

0 / 1 point

Letters of intent

Memoranda of understanding

Agreements in principle

All of the above

Two of the above

None of the above

Incorrect

Reference week 7 for the correct answer

11.

Question 11

The main gap in the Three Pillar model occurs between:

0 / 1 point

Strategy and Ethics

Ethics and Law

Ethics and Economics

All of the above

Two of the above

None of the above

Incorrect

Reference week 2 for the correct answer

12.

Question 12

ADR screens are used:

0 / 1 point

To decide whether to use an ADR pledge

By mediators to decide whether to hear a case

To decide whether to use arbitration or litigation to resolve a dispute

All of the above

Two of the above

None of the above

Incorrect

Reference week 8 for the correct answer

13.

Question 13

When you commit an intentional tort, you

0 / 1 point

Might become a defendant in civil and criminal proceedings

Risk losing your insurance

Can use bankruptcy to eliminate damages awarded against you

All of the above

Two of the above

None of the above

Incorrect

Reference week 4 for the correct answer

14.

Question 14

The main branches of substantive law include:

0 / 1 point

Procedural law

Private law

Alternative dispute resolution

All of the above

Two of the above

None of the above

Incorrect

Reference week 2 for the correct answer

15.

Question 15

The types of torts include:

0 / 1 point

Negligence

Intentional tort

Strict liability

All of the above

Two of the above

None of the above

Incorrect

Reference week 4 for the correct answer

16.

Question 16

Intellectual property is an example of:

1 / 1 point

Intangible property

Tangible property

Fixtures

All of the above

Two of the above

None of the above

Correct

17.

Question 17

You are involved in a dispute with one of your customers. Someone has suggested that you use a third party process to resolve the dispute. Third party processes include:

0 / 1 point

Arbitration

Mediation

Negotiation

All of the above

Two of the above

None of the above

Incorrect

Reference week 8 for the correct answer

18.

Question 18

In #17 above, someone else has suggested that you should use an ADR process. ADR processes include:

0 / 1 point

Arbitration

Mediation

Negotiation

All of the above

Two of the above

None of the above

Incorrect

Reference week 8 for the correct answer

19.

Question 19

In #17, you decide that you want to use a rights-oriented process because you are sure you will win. Rights-oriented processes include:

0 / 1 point

Arbitration

Litigation

Negotiation

All of the above

Two of the above

None of the above

Incorrect

Reference week 8 for the correct answer

20.

Question 20

The four key business stakeholders include:

0 / 1 point

Employees

Government

Bloggers

All of the above

Two of the above

None of the above

Incorrect

Reference week 2 for the correct answer

21.

Question 21

The three key functions of government include:

0 / 1 point

An executive function

A legislative function

A military function

All of the above

Two of the above

None of the above

Incorrect

Reference week 5 for the correct answer

22.

Question 22

On November 1 you receive a written job offer from a company. The offer states that you would start work on November 20. On November 3, you deliver to the company your written acceptance, but in the acceptance you state that you cannot start work until November 21. On November 5, you receive a written response from the company stating that the November 21 start date is fine. You and the company:

1 / 1 point

Formed a contract on November 1

Formed a contract on November 3

Formed a contract on November 5

Formed a contract on November 20

Formed a contract on November 21

Correct

23.

Question 23

The most important areas of legal risk include:

0 / 1 point

Contracts

Personal injury

Dispute resolution

All of the above

Two of the above

None of the above

Incorrect

Reference week 2 for the correct answer

24.

Question 24

"Corporate veil" relates to:

0 / 1 point

Warranty disclaimers

Company subsidiaries

Foreseeable uses of your products

All of the above

Two of the above

None of the above

Incorrect

Reference week 4 for the correct answer

25.

Question 25

Fiduciary duties exist:

0 / 1 point

Only when stock is sold

In all types of contract negotiations

In certain types of contract negotiations

All of the above

Two of the above

None of the above

Incorrect

Reference week 9 for the correct answer

26.

Question 26

The following works may be subject to copyright:

0 / 1 point

Sound recordings

Musical works

Ideas

All of the above

Two of the above

None of the above

Incorrect

Reference week 6 for the correct answer

27.

Question 27

The employment-at-will rule:

0 / 1 point

Refers to the ability of companies to fire employees at any time

Is subject to several exceptions in Europe

Requires advance notice of firing

All of the above

Two of the above

None of the above

Incorrect

Reference week 3 for the correct answer

28.

Question 28

Advocacy advertising is used to:

0 / 1 point

Market a new product

Criticize a competitor's products

Persuade a court to decide a case in your favor

All of the above

Two of the above

None of the above

Incorrect

Reference week 5 for the correct answer

29.

Question 29

You are negotiating to sell your business to Jing. You have reached agreement on most terms of sale and have just signed an "Agreement in Principle." Agreements in principle are:

0 / 1 point

Always binding contracts

Never binding contracts

Sometimes binding, depending on the circumstances

All of the above

Two of the above

None of the above

Incorrect

Reference week 7 for the correct answer

30.

Question 30

Sellers automatically give the following warranties when selling goods:

0 / 1 point

Warranty of merchantability

Warranty of strict liability

Express warranty

All of the above

Two of the above

None of the above

Incorrect

Reference week 4 for the correct answer

31.

Question 31

Your company fires an employee to avoid paying a large bonus. This is an example of the exception to the employment-at-will rule based on:

0 / 1 point

Property rights

Equal protection

Public policy

All of the above

Two of the above

None of the above

Incorrect

Reference week 3 for the correct answer

32.

Question 32

You want to rent an apartment and sign a lease agreement with the owner. Before signing, the owner promised to provide you with extra storage space in the basement of the apartment building, but this promise was not included in the lease agreement. The owner now tells you that he will not give you the extra space. If the owner admits making the promise, under the parol evidence rule:

0 / 1 point

He is legally required to provide the extra space

He has violated his fiduciary duty to you

The lease is cancelled

All of the above

Two of the above

None of the above

Incorrect

Reference week 7 for the correct answer

33.

Question 33

After you sign the lease agreement in #32, the owner asks you to delay your move-in date by two days. You agree and you both sign an amended lease. In this situation, your agreement to delay the move in date is not binding because of the:

0 / 1 point

Implied warranty of merchantability

Express warranty rule

Implied warranty of fitness for a particular purpose

All of the above

Two of the above

None of the above

Incorrect

Reference week 7 for the correct answer

34.

Question 34

Defamation can be based on:

0 / 1 point

Oral communications

Written communications

Communications within a company

All of the above

Two of the above

None of the above

Incorrect

Reference week 3 for the correct answer

35.

Question 35

Company compliance programs:

0 / 1 point

Focus on establishing values

Focus on avoiding liability

Can be combined with integrity programs

All of the above

Two of the above

None of the above

Incorrect

Reference week 9 for the correct answer

36.

Question 36

In cases based on design defect, courts balance:

0 / 1 point

Contract law vs. tort law

Criminal law vs. civil law

Common law and civil law

All of the above

Two of the above

None of the above

Incorrect

Reference week 4 for the correct answer

37.

Question 37

You move from India to Spain, where you are negotiating a contract to purchase a house in Madrid from a Spanish owner. Assuming you are a citizen of India, the contract is governed by:

0 / 1 point

Civil law

Common law

The United Nations Convention on Contracts for the International Sale of Goods

All of the above

Two of the above

None of the above

Incorrect

Reference week 7 for the correct answer

38.

Question 38

Your company decides to form a trade association to influence public policy. This is an example of:

0 / 1 point

Using one branch of government to override another branch

Illegal political activity

The public comment process

All of the above

Two of the above

None of the above

Incorrect

Reference week 5 for the correct answer

39.

Question 39

When entering into contracts, consideration is:

1 / 1 point

Required in common law countries

Required in civil law countries

No longer required

All of the above

Two of the above

None of the above

Correct

40.

Question 40

Common types of discrimination prohibited by national law in many countries include:

0 / 1 point

Sex

Baldness

Race/color

All of the above

Two of the above

None of the above

Incorrect

Reference week 3 for the correct answer

41.

Question 41

Examples of personal guidelines you can use when faced with ethical dilemmas include the:

0 / 1 point

Newspaper test

Family test

Regulatory gap test

All of the above

Two of the above

None of the above

Incorrect

Reference week 9 for the correct answer

42.

Question 42

In the United States, administrative agencies:

0 / 1 point

Are called the 4th branch of government

Exercise a legislative function

Specialize in cases in which employers are sued for injuries caused by their employees

All of the above

Two of the above

None of the above

Incorrect

Reference week 5 for the correct answer

43.

Question 43

In a product liability lawsuit against your company, a customer will typically make claims based on:

1 / 1 point

Contract warranties

Negligence

Strict liability

All of the above

Two of the above

None of the above

Correct

44.

Question 44

To protect the shape of a bottle, you should use which of the following types of protection:

0 / 1 point

Patent

Trade secret

Trademark

All of the above

Two of the above

None of the above

Incorrect

Reference week 6 for the correct answer

45.

Question 45

To prevent sexual harassment claims, your company should:

0 / 1 point

Allow employees to voice their sexual harassment complaints to Human Resources and their peers, in addition to their managers

Not give employees examples of illegal sexual harassment

Adopt strong company policies prohibiting sexual harassment

All of the above

Two of the above

None of the above

Incorrect

Reference week 3 for the correct answer

46.

Question 46

The types of mediation includes:

0 / 1 point

Transformative

Discovery

Evaluative

All of the above

Two of the above

None of the above

Incorrect

Reference week 8 for the correct answer

47.

Question 47

Under strict liability theory as it relates to product liability, the cost of injuries caused by defective products eventually falls on:

0 / 1 point

Retailers

Wholesalers

Consumers

All of the above

Two of the above

None of the above

Incorrect

Reference week 4 for the correct answer

48.

Question 48

The types of patents include:

0 / 1 point

Printed matter patents

Scientific principles patents

Design patents

All of the above

Two of the above

None of the above

Incorrect

Reference week 6 for the correct answer

49.

Question 49

In a typical arbitration, the arbitrator:

0 / 1 point

Acts as a facilitator

Conducts an evaluative mediation

Tries to bring the parties together to transform their relationship

All of the above

Two of the above

None of the above

Incorrect

Reference week 8 for the correct answer

50.

Question 50

Which of your company stakeholders should you use to influence public policy:

0 / 1 point

Customers

Suppliers

Creditors

All of the above

Two of the above

None of the above