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There are two kinds of bills of lading. While one is a straight bill of lading, the other
one is a(n):
A.bill of sale.
B.flexible bill of lading.
C.order bill of lading.
D.bill of acknowledgement.
A(n) ____________warranty is a guarantee suggested or inferred from known facts and
circumstances.
A.executed
B.expressed
C.implied
D.contingent
The charge of defamation includes which of the following torts?
A.libel
B.false imprisonment
C.patent infringement
D.all of the above
The Uniform Commercial Code states that any sample or model that is made part of the
basis of the bargain creates an express warranty that the whole of the goods will
conform to:
A.the requisite UN standards.
B.similar goods available in the market.
C.the sample or model.
D.similar products other than the sample.
Individuals who believe their HIPAA rights were violated may file complaints with:
A. their health provider, their insurance company, or the federal government
B. their health provider only
C. their insurance company only
D.the federal government only
Securities fraud also encompasses the crime of:
A.racketeering.
B.larceny.
C.insider trading.
D.outsider training.
A party who announces an intention to break a contract is said to create a(n):
A.anticipatory breach.
B.negligent breach.
C.accidental breach.
D.equitable breach.
An entire contract is also known as a(n):
A.simple contract.
B.indivisible contract.
C.specialty contract.
D.executed contract.
A bailment for the sole benefit of a bailee usually results in a(n):
A.borrowing/lending transaction.
B.spring transaction.
C.declarative transaction.
D.autonomous transaction.
A transnational institutions purpose is to:
A.maintain legal and economic order in trade.
B.provide a set of rules to ensure that there is no trade discrimination
C.oversee the implementation of all multinational trade agreements
D.maintain a stable environment for the economies and currencies
The company usually has_________, which provide rules for the meetings of the
corporation.
A.common laws
B.articles of incorporation
C.bylaws
D.statutory laws
If a minor enters into a contract relating to food, shelter, clothing, employment, and
medical care, then such a contract is known as a:
A.contract of forbearance.
B.contract for service.
C.contract of service.
D.contract for necessaries.
Persons who suffer from diseases such as cancer, diabetes, alcoholism, AIDS, epilepsy,
manic depression, or schizophrenia are protected under the:
A.Occupational Safety and Health Act of 1970.
B.Americans with Disabilities Act of 1990.
C.Health Insurance Portability and Accountability Act of 1996.
D.Health Maintenance Organization Act of 1973.
Discrimination in employment is covered by the Civil Rights Act of 1964 under:
A.Title V.
B.Title VI.
C.Title VII.
D.Title VIII.
Forest fires that are started by an act of nature are allowed to continue to burn so long
as the fire does not threaten human life and:
A.personal property.
B.ecological balance.
C.public property.
D.animal life.
The Electronic Communications Privacy Act (ECPA) states that individuals may not
gain access to a(n) _____without permission.
A.fund transfer system
B.cyberspace privacy system
C.electronic communication system
D.antivirus organization
An agreement made with an intention to defraud creditors or other persons is referred to
as a(n):
A.usurious agreement.
B.wagering agreement.
C.dealership agreement.
D.agreement against public policy.
Law enforcement authorities of federal, state, and local governments enforce specific
laws called ______.
A.action procedures
B.guidelines
C.enforcements
D.statutes
The warranty that goods sold by a merchant seller must be fit to be sold or resold is an
example of an implied warranty of:
A.good faith.
B.reputation.
C.merchantability.
D.loyalty.
A nonnegotiable warehouse receipt is like a:
A.straight bill of lading.
B.bill of sale.
C.bill of purchase.
D.slanted bill of lading.
Identify and describe the three major areas that the Computer Fraud and Abuse Act
(CFAA) covers.
When an agent does not inform the third party that he or she is acting on behalf of
another person, the unidentified principal is known as a(n):
A.undisclosed principal.
B.unaware principal.
C.unauthorized principal.
D.distinct principal.
Most legal scholars agree that today's laws provide adequate protection of the ______
of the individual.
A.power
B.rights
C.duties
D.responsibility
The malpractice of a physician does not cause injury or loss to third parties, except
when the patient dies or is permanently disabled because of the physician's:
A.temperament.
B.negligence.
C.attitude.
D.observation.
Under the Fourteenth Amendment, if a law discriminates on the basis of sex, or if the
law restricts commercial speech, the state must demonstrate that the law passes the
____________ test.
A.intermediate scrutiny test
B.effect on conscience test
C.strict scrutiny test
D.rational basis test
Sometimes, the driving force for reform may be the:
A.ethic guru.
B.quality assuror.
C.whistleblower.
D.protagonist.
The various provisions of law of sales, contract law, the Uniform Commercial Code,
and tort law provide remedies to buyers and users of goods and services, and to third
parties, who suffer:
A.physical injuries or financial losses.
B.psychological trauma.
C.loss of consortium.
D.a job loss.
If an agent makes a fraudulent statement in a contract within the scope of his or her
authority, then the:
A.principal is responsible.
B.agent is responsible.
C.principal is not responsible.
D.contracting party's agent is responsible.
The element of proper form requires that certain contracts must be:
A.court-ordered.
B.stamped.
C.in writing.
D.notarized.
