Question
You are required to answer five questions. Pick one question from each of the five groups. GROUP A A1. You recognize the cost and uncertainty
You are required to answer five questions. Pick one question from each of the five groups. GROUP A A1. You recognize the cost and uncertainty of litigation and wish to avoid litigation in your business. How would your understanding of the causes of business conflict help you avoid litigation? A2. Explain why C is the best answer and what advantage it provides to business persons. As a general rule, judges who are scheduled to have a case tried before them: a. are not allowed to pressure the parties to settle b. may not allow a settlement once discovery is complete c. may encourage the parties to settle and not have a trial d. may rule against a party that refuses to agree to settle
GROUP B B1. Explain why C is the best answer To help create improved ethical practices many companies use: a. administrative law judges b. off-duty police c. corporate compliance programs d. commercial code B2. Explain why D is the best answer: What are the benefits of ethical business behavior? a. customer loyalty b. employee retention c. fewer legal issues d. all of the above
GROUP C C1. All businesses are subject to legal restrictions on business behavior. State your opinion as to the reasons government regulation should be decreased. C2. All businesses are subject to legal restrictions on business behavior. State your opinion as to the reasons government regulation should be increased
GROUP D D1. You operate a business in Illinois, buying from and selling to out-of-state businesses. Explain how the Illinois "long arm statute" may benefit you. D2. You operate a business in Illinois, and sell to out-of-state businesses that are located in states with "long arm statutes." Explain how may this be a challenge to you? GROUP E E1. How is an appellate court different from a trial court? E2. State some important differences between state courts and federal courts
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