____________________ is caused by factories and other production facilities which is
covered by the Clean Air Act..
A.noise pollution
B.mobile pollution
C.stationary pollution.
D.light pollution
Insurance coverage that provides supplementary income to make up for lost wages due
to an illness or accident that prevents an employee from working at his or her regular
employment is knows as:
A.Medicaid
B disability insurance.
C.a health maintenance organization
D.family plans
The spreading of damaging statements in written form is known as:
A.slander.
B.libel.
C.negligence.
D.false imprisonment.
The requirement that a testator must be of sound mind and legal age is known as:
A.testamentary intent.
B.restrictive intent.
C.restrictive capacity.
D.testamentary capacity.
The Sarbanes-Oxley statute established a board to oversee accounting practices in (the):
A.United States.
B.Netherlands.
C.United Kingdom.
D.Australia.
An offer is a proposal made by one party (offeror) to another (offeree) that indicates
willingness to:
A.enter into a contract.
B.negotiate a service or exchange.
C.consider a service or exchange.
D.reject an offer.
When a contracting party dies, contract rights are assigned to the:
A.parents of the deceased person.
B.heirs of the deceased person.
C.administrator or executor of the estate.
D.spouse of the deceased person.
The intention of a decedent as expressed in a will is known as:
A.supplementary intent.
B.testamentary intent.
C.complimentary intent.
D.adversarial intent.
The part of the Uniform Commercial Code (UCC) that is relevant to contract law is
Article number:
A.1
B.2
C.3
D.4
The omission of one or more essential terms does not necessarily make the offer:
A.voidable.
B.valid.
C.invalid.
D.void.
To call someone a thief to the person’s face may amount to:
A.defamation.
B.insult.
C.nuisance.
D.negligence.
To determine whether an administrative agency has abused its authority, the courts are
guided by the statutes that established the agency and by the Constitution of the United
States and the:
A.constitutions of the individual states.
B.United Nations.
C.International Court of Justice.
D.executive orders issued by the senators of each state.
A check presented more than six months after its date is known as a:
A.cashier’s check.
B.certified check.
C.traveler’s check.
D.stale check.
Most important contracts are printed and signed by hand by the:
A.parties to the agreement.
B.notary who is present.
C.attorney of the parties.
D.judges deciding on the contract.
A court decision upon which courts later rely in similar cases is known as a(n) ______.
A.precedent
B.example
C.judicial review
D.statutory review
Sulfur emissions, created primarily by manufacturing plants located in the central
portion of the United States, cause pollutants to be discharged into the atmosphere and
result in (the) so-called:
A.superfund.
B.pollution.
C.greenhouse effect.
D.acid rain.
A person’s written declaration of how he or she wishes property to be distributed upon
his or her death is known as a:
A.gift.
B.will.
C.sale.
D.lease.
In a partnership each partner shares in the profits of the business, as well as the ______
of the business.
A.stockB.assets
C.member units
D.shareholders equity
Statutes are the laws enacted by ______.
A.old English courts
B.the Supreme Court
C.state courts
D.state and federal legislatures
Statutes in many states have permitted a person who has a claim against another to give
up, or release, his or her claim without an exchange of consideration by making a:
A.written statement to that effect.
B.soliloquy to that effect.
C.modification.
D.complaint to that effect.
In 1970, Congress created the Environmental Protection Agency (EPA), which has the
responsibility of regulating business activities as these relate to the environment.
Treason against the United States shall consist in levying ______.
A.war against the U.S
B.strict penalties to U.S. offenders
C.anti-terrorist provisions against U.S. offenders
D.penalties for any offender.
If a loan is made at an interest rate higher than that allowed by state law, the lender is
guilty of _______, which is defined as charging interest higher than the law permits.
A.usury
B.unconscionability
C.adhesion
D.speculation
Administrative agencies:
A.exist only at the federal level of government.
B.do not exist at the federal level of government.
C.exist at all levels of government.
D.exist only at the state level of government.
The voluntary surrender of possession of leased premises is known as a(n):
A.abandonment.
B.covenant.
C.retreat.
D.conditional action.
In a contract, the term ________means tasks and performances, but not responsibilities.
A.rights
B.duties
C.role
D.errands
When an unscrupulous individual steals the name and personal information of someone
else by stealing private mail, the individual has committed:
A.a false pretenses crime.
B.forgery.
C.identity theft.
D.a white-collar crime.
Health care law is defined by:
A. Federal and state statutes only.
B. Only state statutes.
C. Only federal statutes.
D.Federal, state, and local statutes, rules, regulations, and judicial decisions
A system in which contract disputes and other disagreements are resolved by using
means other than a lawsuit is known as:
A.alternative dispute resolution.
B.environmental dispute resolution.
C.employment dispute resolution.
D.Internet dispute resolution.
An agreement to refrain from testifying as a witness in a legal action falls under
agreements that:
A.obstruct or pervert justice.
B.interfere with public service.
C.are in restraint of marriage.
D.are in restraint of trade.
Agreements to defraud creditors and other persons are void and unenforceable because
they lack the element of:
A.optimum communication.
B.competency of parties.
C.offer and acceptance.
D.legality of purpose.
A __________ is a certified check issued in a denomination of $20 or more by certain
banks, travel agencies, and financial services companies.
A.traveler’s check
B.promissory check
C.cashier’s check
D.stale check
Fraud in executing an instrument is a real, or absolute, defense but fraud related to the
circumstances surrounding the issuing of a paper and not to the paper itself is a
A. counterclaim
B.setoff
C.personal defense.
D restrictive covenant.