Multiple choice

1)

Pablo has entered into a contract to paint Linda's portrait. The next day, Pablo is called by the White House to paint the official portrait of the first family. Since it will be impossible for Pablo to do both simultaneously, Pablo calls Salvador and asks him to substitute for him and paint Linda's portrait. Because Salvador is a world-famous artist with paintings hanging in the New York Metropolitan Museum of Art and the Louvre in Paris, Salvador does not have to get Linda's permission for this novation as long as none of the contract terms and conditions are changed.

4 Points

• True
• False

2)

A rescission of a contract may occur when either party chooses to end the agreement

4 Points

• True
• False

3)

Punishment damages are called:

4 Points

• consequential damages
• compensatory damages
• nominal damages
• punitive damages

4)

In a shipping contract, the seller is obligated to deliver the good into the "hands" of the buyer

4 Points

• True
• False

5)

Betsy is moving to New Mexico and offers to sell her television to April. April isn't sure if she can afford it and asks for a week to decide. If Betsy agrees to hold the offer open for a week and makes the promise in writing, Betsy has given April a firm offer.

4 Points

• True
• False

6)

The only state that has not adopted the UCC is:

4 Points

• California.
• Arizona.
• Louisiana.
• Texas.

7)

Which of the following would not be considered tangible?

4 Points

• the pen or pencil you are using
• the right of ownership
• a car
• oxygen

8)

Employers are not required to offer their employees health care benefits.

4 Points

• True
• False

9)

The Social Security Act is funded through mandatory employment taxes paid by both the employer and employee.

4 Points

• True
• False

10)

Sally works an hourly office job from 8:00 am until 4:30 pm, Monday through Friday, with an hour each day for lunch. Lunch is unpaid so her total weekly hours total 37 . One Friday, her boss Harry asks her to stay an extra hour to a project. If she stays the extra hour she will be entitled to overtime pay for that hour.

4 Points

• True
• False

11)

The Fair Labor Standards Act is administered and enforced by the:

4 Points

• Senate Labor Committee.
• Individual states through state departments of labor.
• Equal Employment Opportunity Commission.
• U.S. Department of Labor.

12)

Which of the following is also called the Taft-Hartley Act?

4 Points

• Fair Labor Practices Act
• National Labor Relations Act
• Labor-Management Reporting and Disclosure Act
• Labor Management Relations Act

13)

The Family and Medical leave Act applies to employers with a minimum of:

4 Points

• 50 full time employees.
• 25 full time employees.
• 15 full time employees.
• 10 full time employees.

14)

Stephen is 40 years old and has applied for a job at a large computer games development company. He is told that he is "over the hill" and not eligible for employment at that company. Stephen does not have a valid age discrimination suit under the Age Discrimination in Employment Act because the act only applies to those already employed but not to applicants in the hiring process.

4 Points

• True
• False

15)

Once an employee has established that she has a covered disability, the Americans with Disabilities Act requires that the employer make reasonable accommodations allowing the employee to perform the essential functions of the job.

4 Points

• True
• False

16)

Every time Mike passes Kathy in the office he rubs against her. Sometimes he walks up behind her and massages her shoulders even though she has told him not to. Lately he's been pinching her butt when no one is watching. Mike is committing quid pro quo sexual harassment.

4 Points

• True
• False

17)

Affirmative action sets and requires quotas in order to meet racial and sexual equality

4 Points

• True
• False

18)

Jon and Amy work for Dover Farm and Home Company. Jon and Amy are caught one day, stealing a tractor. The next day, Jon was given a verbal warning and Amy was terminated.

4 Points

• If the company has a written policy providing for termination for theft, Amy does not have a claim for discrimination based on gender discrimination.
• Amy does not have a claim for gender discrimination if she is paid more than Jon.
• Amy does not have a claim for discrimination based on gender discrimination if Jon has more seniority.
• Amy has a claim for discrimination based on gender discrimination.

19)

Amanda works in an office environment with 50 employees. Once or twice a week, her boss Alan, tells her she has great legs and that she should wear shorter skirts. He also tells her to let loose and open another button on her blouse once in a while. She asks him to stop and continues to wear knee length skirts and keeps her blouse buttoned to the neck. He never touches her and he never makes these comments when someone else can hear. When she gets her performance appraisal from Alan, he gives her an excellent evaluation and a raise. After listening to Alan for six months she files a complaint with the EEOC:

4 Points

• she has a valid quid pro quo claim.
• she has suffered no economic or other job detriment so she has no cause of action
• she has a valid hostile environment claim.
• he may choose either a valid quid pro quo claim or a hostile environment claim as both are valid.

20)

Any corporation that does not make money is classified as a nonprofit corporation.

4 Points

• True
• False

21)

Which of the following gives a person the right to vote at an annual meeting?

4 Points

• a debenture
• a share of stock
• a promissory note
• a bond

22)

The owners of a corporation are the:

4 Points

• shareholders.
• board of directors.
• officers.
• promoters.

23)

Happy Hops Brewery, Inc. has found that their business is expanding very quickly. The decision to fire three new delivery drivers would be made by:

4 Points

• the shareholders.
• the board of directors with the consent of the officers.
• the officers.
• the board of directors.

24)

Corporate bylaws are public documents that must be filed with the appropriate state corporation office.

4 Points

• True
• False

Saved25)

A corporation exists as an independent person separate from its principals.

4 Points

• True
• False