Question 1 1 pts A principal may compete with their agents unless a contract says otherwise. True O False Question 2 1 pts Police can be forced to retire at a certain age. True O False Question 3 1 pts One of the most important goals of the False Claims Act is to ensure that company directors and officers are aware of and accountable for the financial condition of the companies they manage. O True O False Question 4 1 pts An act is within the scope of employment if it is of the same general nature as that authorized or if it is incidental to the conduct authorized. An act is within the scope of employment if it meets this criteria and is expressly forbidden. True False Question 5 1 pts Any confidential information learned in the course of an agency relationship remains confidential after the end of the relationship. True O False Question 6 1 pts Which of the following forms of organization is a compromise between starting one's own business as an entrepreneur and working for someone else as an employee? Franchise Limited Liability Corporation O Close Corporation Business Trust Question 7 1 pts The following statement describes a type of corporation: This type of corporation has limited liability, has only one class of stock, and has no more than 100 shareholders. What type of corporation does this describe? None of these OS Corporations Sole proprietorship O Close corporations Question 8 1 pts While mowing lawns, Jim, who is an employee in Todd's lawncare business, gets into a fight with a client. Todd punches the client in the nose when the client says he doesn't like Jim's glasses. Jim is sued for battery. Is Todd liable for Jim's battery? O No, battery is an intentional tort, and employers are never responsible for intentional torts performed by agents Yes, employers are responsible for all intentional torts by agents Yes, employers are liable for all torts performed by agents No, employers are only liable for intentional torts if the agent who performed the tort was motivated by the desire to serve the principal or the conduct was reasonably foreseeable. Question 9 1 pts The Family Medical Leave Act (FMLA) was passed to do what? Give both men and women up to 12 weeks of paid leave each year for childbirth, adoption, or medical emergencies for themselves or family members Give both men and women up to 12 weeks of unpaid leave each year for childbirth, adoption, or medical emergencies for themselves or family members Give both men and women up to 12 weeks of unpaid leave each year for childbirth, adoption, or medical emergencies for just themselves and their kids. Give only women up to 12 weeks of paid leave each year for childbirth, adoption, or medical emergencies for themselves or family members. Give only women up to 12 weeks of unpaid leave each year for childbirth, adoption, or medical emergencies for themselves or family members Question 10 1 pts Josh and Sally are partners. If they have a disagreement, the Uniform Partnership Act will govern their respective rights with each other: Despite any written partnership agreement they may have signed Only if their written partnership agreement states that they will be bound by the terms of the UPA O Only if they agree to be bound by the UPA Only if they do not have a written partnership agreement that addresses the issue of dispute
