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The CEO of a major computer technology firm wants to form an organization for
computer firms in order to share data, information, and ideas. Depending on what was
shared at the meetings, the organization may violate antitrust laws. What standard
should be used to analyze the organization?
Discuss the differences between the per se and rule of reason standards.
April is at work when a commercial painter's truck pulls up in front of her house. After
checking the address on his assignment sheet, the painter starts erecting ladders against
April's house and unloading brushes, rollers, and cans of paint. April has not contracted
with this company, and the company has mistakenly put the wrong address on the
painter's assignment sheet. When April arrives home, the painter is just finishing and he
presents her with a bill. Is she obligated to pay? Why or why not?
An administrative law judge is typically an ________ who is employed by the agency
to adjudicate disputes.
Once a corporation has submitted a registration statement to the SEC, what responses
may the SEC make and what is the required timing of these responses?
What is the purpose of an operating agreement, and what benefits does it afford an
LLC?
A ________ is one that is regularly engaged in the sale of a particular good.
Money being held by a neutral third party, to be paid out once a dispute is settled, is
money being held in ______.
Workers at Kent Corp. are on strike. To increase pressure on Kent Corp., they start
picketing Flint Corp., one of Kent's suppliers, with signs urging the boycotting of Flint
for supporting unfair labor practices. The picketing at Flint would be considered an
illegal ______.
A heightened standard of judicial review called the ________ test is used when the
formal rulemaking process is required by the enabling statute.
When the United States Supreme Court formally recognized its role in achieving
equality for all Americans during the civil rights movement, it was following a
________ philosophy.
Explain what the reasonably prudent person standard is and how it applies to
negligence.
The articles of incorporation for Pedal Power Inc., have been approved and registered
by the state. What needs to be done at the initial organizational meeting?
Under the Revised Uniform Limited Partnership Act, the act of leaving a limited
partnership and ceasing to be a principal is called _______.
What is meant by ratification, and what three options does a principal have when
confronted by a situation involving ratification?
Much of the origins of the law dealt with issues related to _______.
A lawsuit against an officer or director brought by a shareholder is called a ________
suit.
Officer Tom is executing a validly obtained search warrant in Kathryn's home. The
warrant gives him the right to search every room in the house but is limited to a search
for automatic weapons and handguns. When he walks into the kitchen, he sees an open
box filled with small plastic bags containing small pills. A closer inspection reveals that
the pills are ecstasy, an illegal narcotic. May Officer Tom seize the drugs even though
the warrant did not include a search for drugs, and would the drugs be admissible in
court?
