On-Demand Air Transportation includes the transportation of passengers and cargo by aircraft from one point to another in a manner and at a time designated by the person exercising operational control.

Question 1 options:

	True
	False

Question 2 (2 points)

Approximately four-fifths of NBAA members have just one aircraft.

Question 2 options:

	True
	False

Question 3 (2 points)

A woman contracted to sell her ring to a coworker for $300. Both parties believed that the ring had a cubic zirconia stone and was worth $300. The parties agreed that the woman would bear the risk of any mistake regarding the worth of the ring. In reality, the stone in the ring was a diamond, and the ring was worth $2,000.Upon learning of this mistake, the woman refused to sell the ring to the coworker for $300.

If the coworker sues to enforce the contract, is she likely to prevail?

Question 3 options:

	No, because the woman would be unduly burdened by selling the ring for only $300.
	Yes, because both parties believed the ring was only worth $300.
	No, because the woman was unaware of the actual worth of the ring.
	Yes, because the woman agreed to bear the risk of a mistake regarding the worth of the ring.

Question 4 (2 points)

Schedulers in single-aircraft departments are typically performed by adedicated individual normally located with the flight department to both schedule and coordinate all departmental operations.

Question 4 options:

	True
	False

Question 5 (2 points)

Which of the following ratios is derived by taking total operating cost for a particular aircraft and dividing it by total seat-miles flown over the same period

Question 5 options:

	Load factor
	Aircraft Cost per Seat Mile
	Return On Investment

Question 6 (2 points)

Which of the following is not part of the basic structure of SMS (Safety Management Systems)?

Question 6 options:

	standards
	procedures
	performance
	processes

Question 7 (2 points)

Which of the following documents shall be consulted to determine whether or not an aircraft may be flown with a discrepancy outstanding?

Question 7 options:

	Type Certificate Data Sheet
	Aircraft Maintenance Manual
	Airworthiness Certificate
	Minimum Equipment List

Question 8 (2 points)

The manager of the small flight department must be dedicated to provide the best possible air transportation for the parent organization.

Question 8 options:

	True
	False

Question 9 (2 points)

Many threats to airport use come from outside the aviation community.

Question 9 options:

	True
	False

Question 10 (2 points)

When selecting a potential vendor, the true test of a vendor's capability is

Question 10 options:

	customer satisfaction
	price
	experience
	quality

Question 11 (2 points)

A couple of days before her 18th birthday, a girl entered into a contract with an adult. The girl understood the overall nature and consequences of entering into the contract. The adult knew that the girl was 17 at the time the contract was signed, but believed that the girl's age was not an issue since the girl would be 18 by the time her performance was due. Two months later, the girl failed to perform her contractual obligation. The adult sued to enforce the contract, and the girl raised a defense of incapacity.

Is the girl's defense likely to succeed?

Question 11 options:

	Yes, because the adult knew about the girl's incapacity at the time the contract was formed.
	No, because the girl's infancy did not prevent her from understanding the nature and consequences of the contract.
	No, because the girl's performance was not due until she was 18 years old.
	Yes, because the girl was under the age of majority at the time she signed the contract, regardless of the adult's knowledge of this fact.

Question 12 (2 points)

Sending the company airplane to pick up customers sends a strong messagethat they and their business are important enough to warrant the use of the company's "magic carpet."

Question 12 options:

	True
	False

Question 13 (2 points)

Some companies restrict the travel of key executives on the same aircraft in an attempt to protect their business from interruption or loss of revenue as a consequence of an accident in which one or more essential employees are disabled or killed.

Question 13 options:

	True
	False

Question 14 (2 points)

Which of the following terms refers to the organization and the people in it, that are capable of adapting effectively to changing demands?

Question 14 options:

	Just culture
	Learning culture
	Flexible culture

Question 15 (2 points)

Each company (and flight department) should have a long- and short-range view of its future, articulated through a series of strategic and operational plans.

Question 15 options:

	True
	False

Question 16 (2 points)

Which of the following is not part of the development of an effective security program to assess the threat against aircraft facilities?

Question 16 options:

	Ensure easy access to phones or panic buttons in various facility locations (break room, hangar bay, etc.).
	Ensure that the street-side gates and doors are closed and locked at all times.
	Confirm the identity and authority of each passenger, vendor, and visitor prior to allowing access to facilities and aircraft.
	Remain diligent to changes in emotional well-being and health of all crewmembers, ground personnel, and passengers.

Question 17 (2 points)

Most airplanes are designed so they can be flown with full fuel tanks and fill all passenger seats.

Question 17 options:

	True
	False

Question 18 (2 points)

Which of the following is the most important reason/ advantage for using on-demand air transportation on a corporate setting?

Question 18 options:

	Increased time at home
	Increased productivity for its executives
	Comfort
	Access to remote locations

Question 19 (2 points)

As a rule of thumb, if a company intends to use an aircraft less than 100 to 150 hours annually, charter is probably the best option from a cost standpoint.

Question 19 options:

	True
	False

Question 20 (2 points)

Studies have shown that companies using their own aircraft have better _______________ than companies that do not use business aircraft.

Question 20 options:

	sales growth
	earnings per share
	productivity
	all of the above

Question 21 (2 points)

Using a single aircraft is the best and only on-demand method that should be considered for travel.

Question 21 options:

	True
	False

Question 22 (2 points)

Ideally, line checks should be conducted at least __________ by the chief pilot or individuals responsible for standardization or training.

Question 22 options:

	annually
	every four months
	twice a year

Question 23 (2 points)

Successful flight departments provide high-priority transportation services to their clients; they just happen to use aircraft instead of some of some other form of transportation.

Question 23 options:

	True
	False

Question 24 (2 points)

It is mandatory for large and turbojet-powered aircraft operating internationally to establish and maintain a safety management system (SMS) appropriate to the size and complexity of the operation.

Question 24 options:

	True
	False

Question 25 (2 points)

Which of the following organizations was founded in 1981 to represent, promote, and protect the interests of business aviation in international policy and regulatory forums?

Question 25 options:

	AOPA
	IBAC
	ICAO
	NBAA

Question 26 (2 points)

In what type of operation a company or individual owns or leases an aircraft but contracts with a management company to provide all functions required to operate it?

Question 26 options:

	Joint ownership
	Fractional Ownership
	Management Company
	Charter

Question 27 (2 points)

After a long flight a pilot who was known to be in dire financial straits was at a party with his best friend. The pilot said to the friend, "I'll pay you $50,000 if you drink that bottle of hot sauce." The friend drank all the hot sauce in the bottle.

Which of the following best states a reason why a court might find that the parties' actions did NOT satisfy the elements of contract formation?

Question 27 options:

	In context, the terms of the bargain were not objectively fair.
	Drinking a bottle of hot sauce is not valuable consideration.
	In context, it was clear that the man did not intend to be legally bound.
	Drinking the bottle of hot sauce was not an appropriate form of acceptance.

Question 28 (2 points)

Two-thirds of the companies charging for their aircraft services do so...

Question 28 options:

	by available passenger seat mile.
	by the standard industry fare level.
	by aircraft distance flown.
	by the hour.

Question 29 (2 points)

Which of the following are desirable features to be embodied in the relationship between the flight department manager and the reporting senior?

Question 29 options:

	Quick decisions
	Budget and expenses resolution
	Direct communications
	All of the above

Question 30 (2 points)

In order for a contract to be enforceable it has to be in writing for all transactions valued over how much?

Question 30 options:

	$5000
	$1000
	$100
	$500

Question 31 (2 points)

Consideration is always presented in the form of money.

Question 31 options:

	True
	False

Question 32 (2 points)

Who is responsible for ensuring that all maintenance operations are conducted safely, providing guidance and direction for those assigned to the maintenance section, and maintaining the company aircraft in accordance with the manufacturers' continuing airworthiness instructions, FARs, and the highest standards of airworthiness and appearance?

Question 32 options:

	FAA Designated Inspector
	Human Resources
	Director of Maintenance

Question 33 (2 points)

What type of operation involves an entity leasing an aircraft to another person in exchange for equal time, when needed, on that person's aircraft?

Question 33 options:

	Time Share
	Interchange
	Joint Ownership
	Fractional Ownership

Question 34 (2 points)

Virtually all initial and recurrent flight training is performed in the actual aircraft in most training operations.

Question 34 options:

	True
	False

Question 35 (2 points)

What type of operation is used by most companies engaged in corporate aviation or receiving personal transportation services in larger aircraft ?

Question 35 options:

	Owner/Employee-Flown
	In-House Flight Department Using Owned/Leased Aircraft
	Charter
	Fractional Ownership

Question 36 (2 points)

The required takeoff field length for an aircraft is defined by runway performance tables contained in the ________________

Question 36 options:

	weight and balance book
	airplane flight manual
	aircraft maintenance manual

Question 37 (2 points)

Which of the following defenses to contract enforcement can be successfully asserted by either party to the contract?

Question 37 options:

	Illegality
	Duress
	Incapacity
	Misrepresentation

Question 38 (2 points)

Most business jets operate on average about ______ hours per year.

Question 38 options:

	250
	1200
	450

Question 39 (2 points)

A formal procedure should be developed to accommodate the passenger scheduling needs of the company.

Question 3

To be legally enforceable, all contracts must be in writing.

Question 40

	True
	False