Business Law

QUESTION5 The court in Leber u. Konigsberg held that O the dlients in this case waived any fiduciary duties their accountants may have owed. the criminal acts of Bernie Madoff pre-empted any fiduciary duty that may have been owed by the accountants to the clients. O the accounting firm violated a fiduciary duty to Leber. O the accounting firm may have violated a fiduciary duty to Leber. QUESTION 6 Which of the following is the most accurate statement of the holding in Sides v.Duke Hospital? QA Because of the written agreement between the parties, Nurse Sides was entitled to recovery of punitive damages . The court found that the plaintiff's complaint stated a valid cause of action for wrongful termination based on plaintiff's allegation that she had been discharged from her job at Duke University Medical Center in retaliation for her refusal to withhold testimony or testify untruthfully in a lawsuit against certain of the defendants. C Finding that Nurse Sides was an employee at will the court found that the plaintiffs complaint did not state a valid cause of action for wrongful termination based on plaintiff's allegation that she had been discharged from her job at Duke University Medical Center in retaliation for her refusal to withhold testimony or testify untruthfully in a lawsuit against certain of the defendants. D Although she had a written agreement with Duke Hospital, Nurse Sides was only entitled to recover compensatory damages QUESTION 7 QUESTION 7 Bert Company retains Ernie to develop and maintain a web site for Bert Company. Which of the following if true, would suggest that Ernie is an DA Ernie works exclusively for Bert Company Ernie brings his own lunch to work. C. Bert Company maintains a common lounge area at its headquarters with televisions, dart boards and a pool table. D. Bert Company sets the hours that Ernie is to work. OE. Ernie receives group health insurance coverage. OE Bert Company pays Ernie a salary QUESTION 8 Which of the following are examples a bailment? A. Abbott loans his 1958 Studebaker automobile to Costello. O B. Costello rents Abbott's 1958 Studebaker Abbott leaves his 1958 Studebaker with Costello at Costello's service station for an oil change, tire rotation, and brake inspection. D. Costello steals Abbott's 1958 Studebaker. E At Abbott's request, Costello Key West retirement home. loads Abbott's 1958 Studebaker on to Costello's car carrying trailer and transports the Studebaker to Abbott's OE. Unbeknownst to Abbott, Costello borrows Abbott's 1958 Studebaker and enters it in a local classic car rally. QUESTION 9 QUESTION 9 In a bankruptoy proceeding who must file a proof of clairm? Indicate all correct answers The creditors committee. OB Unsecured creditors c. The bankruptcy trustee. D, Secured creditors but only to the extent that their claims exceed the value of their collateral QUESTION 10 Select the most accurate and complete statement from those below. OA A copyright never expires. OB A copyright protects the author's idea. A copyright protects the author's tangible expression of an idea OD. A copyright protects only innovative content. QUESTION 11 4 pe Which of the following statements are true? OA To obtain a patent, inventors must file a detailed application with the United States Patent and Trademark Office (USPTO) B. The USPTO determines the commercial viability of innovations that the USPTO reviews. Adverse USPTO decisions are appealable to the Patent Trial and Appeal Board. D. Authority for the passage of federal legislation concerning the protection of inventions derives from the United States Constitution