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Hi , I need help and explination with this outline for Business Law : QUESTION 1 Criminal law is concerned with wrongs committed against the

Hi , I need help and explination with this outline for Business Law :

QUESTION 1

Criminal law is concerned with wrongs committed against the society as a whole.

True / false

QUESTION 2

A misdemeanor is more serious than a felony.

True / False

QUESTION 3

Mens Rea is the guilty mind associated with committing a criminal act.

True / false

QUESTION 4

Burglary usually includes embezzlement.

True / False

QUESTION 5

Attempt and conspiracy are inchoate offenses.

True / False

QUESTION 6

The crime of arson is often times tied in to insurance fraud.

True / False

QUESTION 7

Slander is a crime. A defendant who is convicted will face jail time.

True / False

QUESTION 8

The 5th Amendment protects the right against self incrimination (the right to remain silent).

True / False

QUESTION 9

The 4th Amendment prohibits unreasonable searches.

True / False

QUESTION 10

Internet crime (and online crime) is usually very easy to investigate and prosecute.

True / False

QUESTION 11

White collar crime often includes crime related to business or crime that occurs in the business environment.

True/ False

QUESTION 12

Burglary involves breaking and entering with intent to commit a felony.

True/ False

QUESTION 13

Minors are legally barred from entering into contracts.

True/ false

QUESTION 14

In breach of contract actions, plaintiffs are required to mitigate damages.

True/ False

QUESTION 15

Mitigation means to "make damages less."

True / False

QUESTION 16

To be enforceable, all contracts must be in writing.

True / False

QUESTION 17

To be enforceable, a contract for the sale of land must be in writing.

True / False

QUESTION 18

If Randy Miller is adjudicated incompetent by the court and subsequently she purchases a new car...this contract would be void.

True/ False

QUESTION 19

In a breach of contract action, punitive damages may be awarded if the contract was induced by fraud.

True

False

QUESTION 20

Under some circumstances a minor can disaffirm a contract for:

food

clothing

shelter

a new car

QUESTION 21

A material breach of contract occurs when a substantial part of the contract is not performed.

True / False

QUESTION 22

Cyber crime can include fraud and identity theft.

True / False

QUESTION 23

In a breach of contract action, Specific Performance would be the most useful remedy if the contract involved:

a rare violin, A new Car, A guitar, Air line tickets

QUESTION 24

An award of nominal damages is usually:

$100.00

$1000.00

$1.00

All of the above.

QUESTION 25

In a breach of contract action, the defendant must be found civilly liable:

Beyond all doubt.

Beyond a reasonable doubt.

By a preponderance of the evience.

All of the above.

QUESTION 26

In a breach of contract action, the defense of duress may be utilized when the wrongful threat of one person forces another person to enter a contract against their will.

True / False

QUESTION 27

Embezzlement is typically a white collar crime.

True / False

QUESTION 28

Many contracts contain arbitration clauses. This would require a disputing party to have his dispute resolved by a mediator.

True / False

QUESTION 29

Lost profits are recoverable in a breach of contract action.

True / False

QUESTION 30

The power of the United States Congress to regulate commerce and business is found in the commerce clause of the United States Constitution.

True / False

QUESTION 31

Sandy Smith owns a dress shop.On the way home from work she was involved in a car accident which was caused by Ben.Believing that the accident was minor and that she was not injured she accepted a $500.00 settlement and released Ben from all further liability for damages resulting from the accident. Several weeks later she began to experience severe head and neck pains.This injury is diagnosed by a doctor as being caused by the accident with Ben.Randy can now:

Not recover additional money because the accident happened over two weeks ago.

bring an action to compel Ben to pay her additional money.

Not recover additional money from Ben because of the provisions of the signed release.

File a new lawsuit against Ben and recover for these additional injuries.

QUESTION 32

Beth is cleaning her attic and finds an old painting.Believing that the painting is worthless she sells it to Bobfor $100.00.Later she discovers that the painting is really a priceless masterpiece.Beth will be able to:

avoid the contract because of her mistake.

not avoid the contract because mistakes in judgment as to value do not permit you to avoid a contract.

recover the painting.

recover the value of the painting from Bob.

QUESTION 33

Which of the following is not an example of incidental damages for one who hasjust had an employment contract canceled for no reason.

the costs of mailing letters to prospective employers

the costs of telephoning prospective employers

cab fare for interviews with prospective employers.

A trip to Paris.

QUESTION 34

Lost profits are recoverable in a breach of contract action.

True / False

QUESTION 35

A verbal prenuptual agreement is fully enforceable.

True / False

QUESTION 36

A white collar crime is typically a crime that is related to business or occurs in the course of business.

True / False

QUESTION 37

Punitive damages are always awarded in a breach of contract action.

True / False

QUESTION 38

Entrapment occurs when an unlawful threat of one person causes another person to commit a crime.

True / False

QUESTION 39

A criminal defendant who suffers from mental illness can assert the insanity defense (through their attorney) if they are unable to understand the nature of the charges and are incapable of forming the state of mind required to commit the crime.

True / False

QUESTION 40

A person who is intoxicated can enter a contract and be fully bound by it's terms.

True / False

QUESTION 41

Match the following terms to the correct definition or phrase. Each definition or phrase can only be used once.

Unilateral mistake

-

Contracts for the sale of land

-

Unconscionable

-

Compensatory damages

-

Statute of Frauds

-

Patent

-

mens rea

-

punitive damages

-

Copyright

-

actus reus

A.Must be in writing

B.$ award that makes up for a loss

C.Requires that contracts for the sale of goods over $500.00 must be in writing.

D.Criminal mind

E.Awarded to inventor.

F.Grossly unfair

G. rarely awarded in contract actions.

H. A criminal act

I.Usually a typographical error

J. Awarded to Authors

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