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1.State and federal arbitration statutes expressly disfavor arbitration and make it very difficult to get a court to confirm an arbitration award and to enter

1.State and federal arbitration statutes expressly disfavor arbitration and make it very difficult to get a court to confirm an arbitration award and to enter a judgment based on the award.

a. True

b. False

2.U.S. Department of Justice (DOJ) principles referring to "corporations" apply to business partnerships, sole proprietorships, limited liability companies, and unincorporated associations.

a. True

b. False

3.The federal law commonly known as the Computer Fraud and Abuse Act (CFAA) protects business and consumers from cybercrimes.

a. True

b. False

4.There is no individual criminal liability for managing commercial conduct that constitutes a crime.

a. True

b. False

5.Businesses involved in the manufacturing of products are subject to strict liability for injuries caused by "defective" products, but distributors are exempt from products liability under the doctrine of fair use.

a. True

b. False

6.Uniform state common laws provide legal remedies to third parties when the breach of social duties causes

a. physical injuries

b. damage to personal property

c. damages to real property

d all of the above

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