Question1

All of the following may result in the tort of battery EXCEPT:

Select one:

a.A surgeon performs surgery on a person who did not want it.

b.A man asks a woman for kiss and she presses her lips against his.

c.A man spits in the face of another who he believes has insulted him.

d.A woman asks a man for a kiss, but instead he gropes her sexually.

Question2

The intentional tort of misappropriation involves:

Select one:

a.The taking of money belonging to another without that person's permission.

b.Using another's name, likeness, or other identifying characteristic without permission.

c.Taking goods belonging to another and using them as if the taking party owned them.

d.Acting inappropriately such that one causes another public embarrassment.

Question3

All of the following situations may result in a strict liability tort EXCEPT:

Select one:

a.A car driven by someone speeding excessively causes an accident.

b.A neighbor's pet tiger escapes and mauls your child.

c.A truck carrying nuclear waste crashes when the driver falls asleep.

d.A car with a faulty accelerator causes an accident.

Question4

If a prospective business owner told you he wanted to organize his business in a way that would not require registration and would allow him to exercise the fullest control, you would likely advise him to choose which of the following business entity types?

Select one:

a.Limited liability company

b.Corporation

c.Limited partnership

d.Sole proprietorship

Question5

To prove assault, a plaintiff must show all of the following EXCEPT:

Select one:

a.That the defendant's action caused actual fear to the plaintiff.

b.That the defendant's act was intentional.

c.That the defendant's action was unexcused.

d.That the defendant's action caused reasonable apprehension.

Question6

Copyright protects:

Select one:

a.Creative expression.

b.Confidential company information.

c.Processes and inventions.

d.Brands and identity.

Question7

In general, in negotiating a collective bargaining agreement, employers will insist on and get a provision in the contract that:

Select one:

a.prevents the labor organization from striking while the contract is in force.

b.prevents the labor organization from striking any time in the future.

c.allows the employer to determine how long the contract will be binding.

d.absolves the employer from providing fringe benefits, such as health insurance.

Question8

Which of the following is one reason that studying the legal environment of business is helpful to students of business?

Select one:

a.It helps us understand how to reduce liability risks.

b.It helps us solve legal problems without an attorney.

c.It helps us figure out how to get around regulations.

d.While it is not practical, it is of theoretical importance.

Question9

Shareholders of a corporation:

Select one:

a.are liable for the debts of the corporation.

b.are guaranteed never to lose the value of their stock.

c.can lose only the amount of their investment.

d.may have personal assets made available to creditors of the corporation.

Question10

If an employer wishes to ensure that an employee does not leave in the future to engage in the same business, the employer is likely to enter into a contract with a/an:

Select one:

a.At-will clause.

b.Covenant not to compete.

c.Assignment of rights.

d.Strict performance clause.

Question11

Philosophers of ethics often contend that the argument that codes should provide action recipes for all situations neglects the fact that:

Select one:

a.effective moral action requires more than just blind obedience to rules.

b.most codes are created to establish clearly and forcefully an organization's standards.

c.codes help a community to articulate and understand their highest shared values.

d.codes empower and protect those who are committed to doing the right thing.

Question12

For intentional torts, the element of intent requires which of the following?

Select one:

a.That the defendant intended to harm a person or property.

b.That the defendant had a duty of care that is violated.

c.That the defendant intended to do the act which caused harm.

d.That the defendant acted with malice in harming a person or property.

Question13

Which of the following is one aspect of general partnerships that may be advantageous?

Select one:

a.It has limited liability.

b.It has separate legal existence.

c.It has an extensive body of flexible law.

d.It may be formed and dissolved easily.

Question14

Protected classes of people who are protected against employment discrimination generally include all of the following EXCEPT:

Select one:

a.A racial minority.

b.Overweight people.

c.People of a certain religion.

d.An ethnic minority.

Question15

In contract law, an assignment is the transfer of contract _________________ to a third party.

Select one:

a.Consideration

b.Duties

c.Rights

d.Property

Question16

If I offer to sell you my car for $6,000 and you say that you will buy it so long as your spouse likes it, this is an example of:

Select one:

a.A bilateral contract.

b.An illusory contract.

c.A unilateral contract.

d.the mirror image rule.

Question17

Every owner in a _______________ is jointly and severally liable for the debts and obligations of the organization.

Select one:

a.Limited liability company

b.Partnership

c.Limited partnership

d.Corporation

Question18

International customary law is:

Select one:

a.is not really considered to be valid law.

b.a set of rules handed down by a sovereign government.

c.the result of written, legal codes.

d.developed through customary practices.

Question19

Wrongful discharge cases:

Select one:

a.are limited to claims that are based on discrimination.

b.are usually based on an employer breaching a contract for employment.

c.may be brought where an employer fires an employee for refusing to do an illegal act.

d.may only be brought by employees whose status is that of an at-will employee.

Question20

While a plaintiff alleging negligence against a company may prove the company had a duty, the company breached its duty, and that the plaintiff suffered legally recognizable injuries, the plaintiff would still have to prove which of the following?

Select one:

a.The company committed the breach on purpose.

b.The company was strictly liable for its breach.

c.The company had no defenses to its breach.

d.The company was the cause of the injuries.

Question21

Ownership interests in a corporation are known as:

Select one:

a.limited partnerships.

b.stock.

c.membership interests.

d.private placments.

Question22

Intangible personal property is:

Select one:

a.Property that does not physically exist.

b.Also chattel.

c.Property that can be touched.

d.Personal property attached to real property.

Question23

Milton Friedman argues that the responsibilities of a corporate executive include all of the following EXCEPT:

Select one:

a.A responsibility to the executive's employers.

b.Promoting desirable social ends.

c.Conducting business according to the owners' wishes.

d.Making as much money as possible while following basic rules of society.

Question24

For which of the following scenarios would the remedy of specific performance be available?

Select one:

a.A firm promises delivery of 50,000 widgets and only delivers 25,000 because of a shortage.

b.A painting contractor promises to paint a business's premises but then attempts to change the terms by increasing the price.

c.A company attempts to buy a rare antique connected with the history of the company; the seller, after agreeing to the sale, now does not want to sell.

d.A store advertises leather jackets for sale at $10.99 each; when a buyer shows up, he is told it was a mistake, and the real price is $109.99.

Question25

Law can generally be defined as:

Select one:

a.the exercise of power.

b.the opinions of the leader of a nation.

c.rules enforced by a government authority.

d.the dictates of a particular religion.

Question26

Reasons for businesses to focus on corporate social responsibility include all of the following EXCEPT:

Select one:

a.Maximizing short-term profits.

b.Reducing cost and risk.

c.Gaining competitive advantage.

d.Developing and maintaining legitimacy and reputational capital.

Question27

Which of the following is considered personal property?

Select one:

a.The bricks in a house that has been constructed.

b.A chandelier hanging from the ceiling of a house.

c.A favorite tree in the backyard of a house.

d.The bricks for sale at a building supply company.

Question28

Business entities that have limited liability include all of the following EXCEPT:

Select one:

a.Sole proprietorships.

b.Corporations.

c.Limited partnerships.

d.Limited liability companies.

Question29

Typical terms to include in an employment contract include all of the following EXCEPT:

Select one:

a.that the employee will be considered to be an at-will employee.

b.benefits, such as health, life, or disability insurance or retirement accounts.

c.vacation and sick-day policies.

d.nondisclosure agreements relating to company trade secrets.

Question30

Ethics codes are generally viewed by corporations as:

Select one:

a.a way of expressing the values of the corporations.

b.a way of undermining moral autonomy.

c.the cornerstone of a successful compliance program.

d.as a way of gaining uncritical acceptance of authority.