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QUESTION 57 Ivy is an alcoholic who has completed a supervised substance-abuse rehabilitation program. Jerold is blind. Kim is paralyzed from the waist down and

QUESTION 57

  1. Ivy is an alcoholic who has completed a supervised substance-abuse rehabilitation program. Jerold is blind. Kim is paralyzed from the waist down and relies on the use of a wheelchair. Who is considered to have a disability under the Americans with Disabilities Act?
  2. a.Jerold.
  3. b.Kim.
  4. c.Ivy.
  5. d.all of the choices.

QUESTION 58

  1. Rosa and Sean are shareholders of Tasty Tacos, Inc. Rosa cannot attend the upcoming shareholders meeting so she authorizes Sean to vote her shares at the meeting.This is
  2. a.a preemptive right.
  3. b.a quorum.
  4. c.a proxy.
  5. d.a violation of the duty of care.

QUESTION 59

  1. The Sarbanes Oxley Act created the Public Company Accounting Oversight Board to regulate public accounting firms.
  2. True
  3. False

QUESTION 60

  1. Shipping Dispatch, LLC, provides its employees with an e-mail system. The company notifies them that it will monitor their communications over the system. Some employees file a suit against their employer, claiming a violation of privacy. The court is most likely to hold that, with respect to communications over the e-mail system,
  2. a.the employees did not have a reasonable expectation of privacy.
  3. b.the employer violated the employees' privacy rights.
  4. c.federal law prohibits the employer's "intentional interception."
  5. d.federal law prohibits the employees' privacy claim.

QUESTION 61

  1. A merger between Blended Beverage Corporation and Cowland Creamery Inc. can be expressed as Blended Beverage + Cowland Creamery =
  2. a.Cowland Creamery.
  3. b.EZ Stir & Sip Inc.
  4. c.Delite Dairy Corporation.
  5. d.Delite Dairy Corporation + EZ Stir & Sip Inc.

QUESTION 62

  1. Data Analytics, LLC, is a limited liability company. Unless the articles of organization specify otherwise, it will most likely be assumed that the firm is
  2. a.manager-managed.
  3. b.member-managed.
  4. c.run by an outside professional management group.
  5. d.an aggregate of member and non-member managers.

QUESTION 63

  1. Curtis is anemployee of Deepwater Drilling, Inc., covered by federal overtime provisions, which apply only after an employee has worked more than
  2. a.forty hours in a week.
  3. b.one year for the same employer.'
  4. c.160 hours in a month.
  5. d.eight hours in a day.

QUESTION 64

  1. AgroChem, Inc., offers the shareholders ofBeanfield Seed Company $90/share for all the shares of Beanfield.The stock was worth at least $79/share at the time of the offer. This is
  2. a.a dissolution.
  3. b.ashort-form merger.
  4. c.a consolidation.
  5. d.atender offer.

QUESTION 65

  1. The Board of Directors decision as to whether to declare dividends will generally be protected by the business judgment rule.
  2. True
  3. False

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