The Family Medical and Leave Act provides twelve weeks of paid leave in certain
circumstances.
a. True
b. False
A summons is served on a defendant and a subpoena is served on a witness.
a. True
b. False
An employee who uses his or her company e-mail system to communicate privately
with his or her lawyer has waived the privilege and the content can be used in court.
a. True
b. False
Which is the proper order for distribution of assets upon dissolution of a limited
partnership?
a. outside creditors; distributions owed to partners; capital contributions; remainder split
according to distribution agreement
b. outside creditors; limited partners’ profits; limited partners’ capital; general partners’
advances; general partners’ profit; general partners’ capital
c.limited partners’ capital; outside creditors; limited partners’ advances; general partners’
capital and profits
d.none of the above
Evaluate the following facts and then answer the next two questions.
Day 1 S sends a letter to B with the following: “I will sell you my Play Station 3 for
$150 when I get my new Play Station.”
Day 2 B receives the letter and responds, “I will take the Play Station for $150.”
S has made a valid offer to B.
a. True
b. False
The language “I offer to sell you my 1974 White Ford Torino” is:
a. a valid offer.
b. not a valid offer because it lacks a definite price.
c.not a valid offer because there are no terms for payment.
d.not a valid offer because it is oral.
The privacy rights of cloud customers are clearly establishe
d.
a. True
b. False
A limited liability company can be created informally.
a. True
b. False
Which is not covered under the Computer Fraud and Abuse Act (CFA)?
a. unauthorized use of federal computers
b. typewriters
c.use in excess of authority by a federal employee
d.consumer financial records
e. All of the above are covered.
Which of the following is not a remedy available to the FTC?
a. injunctions
b. corrective ads
c.criminal penalties
d.All of the above are remedies available to the FTC.
The subprime lending market collapse in 2007 led to other credit crunches and business
impacts.
a. True
b. False
Ordinances are generally found in state legislative codes.
a. True
b. False
Shareholders who solicit proxies need not comply with Section 14 of the 1934 Act.
a. True
b. False
Jane and Joseph Sechrist signed a contract to have a swimming pool built in their
backyard for $10,000. The salesman for the pool company signed the contract as well
on a space marked “Salesperson.” Two days after the contract was signed, the salesman
called the Sechrists back and asked them to come in and sign a new contract
for $11,000 because the vice president had not approved the original price. Jane has
checked the contract and discovered that there is no language that requires the approval
of anyone other than the salesperson. Jane and Joseph can have their pool built for
$10,000 because:
a. the pool company was bound once Jane and Joe signed the contract.
b. the pool company has ratified the contract.
c.of misrepresentation.
d.the salesman had at least apparent authority to bind the pool company.
Under the UCC, a contract for the sale of a car for $700 need not have a record of the
contract to be enforceable.
a. True
b. False
Jury consultants are used before, during, and after trial.
a. True
b. False
In a ratification by the board of a pre-incorporation contract involving the corporation,
the promoter, and a third party:
a. the corporation is released from liability.
b. the promoter is released from liability.
c.the promoter is made secondarily liable.
d.none of the above
A master-servant relationship is one in which the principal has little control over the
agent.
a. True
b. False
Environmental impact statements (EIS) must:
a. be written by all developers.
b. discuss the economic impact of the proposed action.
c.be written only when there is an air pollution concern.
d.contain alternate courses of action.
An appellate court can require that a new trial be held.
a. True
b. False
Limited partners:
a. can use their name in the partnership name.
b. can contribute management services to the partnership.
c.cannot advise the general partner.
d.none of the above
Which of the following employers are obligated to undertake affirmative action?
a. those employers who have been subject to a consent decree or court order for past
charges
b. colleges and universities that receive federal funds
c.government contractors
d.all of the above
B has made a valid acceptance.
a. True
b. False
It is quite common for courts to overturn an arbitration award.
a. True
b. False
Which of the following qualifies as a presence in a state for purposes of collecting sales
tax from an Internet merchant?
a. having an office in the state
b. having an employee who works in the state
c. owning or leasing property in the state
d. All of the above constitute a qualifying presence.
Shareholder proposals can include topics such as executive compensation.
a. True
b. False
Which areas of commercial speech are fully and constitutionally regulated?
a. political donation
b. corporate campaigns on issues with referenda
c. speech on social issues
d. All of the above are fully and constitutionally regulated.
Limited partnerships are taxed the same way as general partnerships.
a. True
b. False
The United States is a working requirement patent jurisdiction.
a. True
b. False
Janice Coleman is a team leader at Jackson Equipment. She has been promoted several
times over the past five years and her performance evaluations are outstanding. One of
the vice presidents at Jackson has been very friendly to Janice and has served as her
mentor. He has also been asking her to go out with him for the past 2 years. She has
declined and the vice president has recently suggested that she could be an area
supervisor if he became her advocate with the management team. He has indicated he
would be willing to do so if they began a
personal relationship. Janice does not agree to the relationship and is promoted to area
supervisor. Janice has filed a complaint of sexual harassment with the EEOC.
a. Janice has no case because she has been promoted.
b. Janice has a case for atmosphere of harassment.
c.Janice’s employer is not responsible for the unilateral acts of its employees.
d.There is no discrimination in her promotion record.
e. none of the above
Subchapter S or S Corporation shareholders have personal liability for corporate debts.
a. True
b. False
Parent corporations can never be held liable for the environmental clean-up costs of
subsidiaries.
a. True
b. False
Criminal fraud is the same as contract frau
d.
a. True
b. False