Business Law 38026

subject Type Homework Help
subject Pages 12
subject Words 2458
subject Authors Anthony Liuzzo

Unlock document.

This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
page-pf1
Under the Health Insurance Portability and Accountability Act of 1996 a patients
medical information can never be shared with non-family members.
Genuineness, or reality, of agreement is said to be present in a contract when there is:
A.a true meeting of minds.
B.knowledge of falsity.
C.puffing.
D.duress.
The right to bear arms is protected under the ________________Amendment:
page-pf2
A.First.
B.Second.
C.Eighth.
D.Sixteenth.
A minor who has appointed an agent may ________ the contract of agency in some
states
A.estop
B.modify
C.reform
D.avoid
page-pf3
Once the minor reaches the legal age of majority, and if he or she agrees to the terms of
the contract, then the contract is said to be:
A.ratified.
B.disaffirmed.
C.attested.
D.stamped.
The employer owes several duties to his or her employee. These duties include:
A.Providing a safe and sanitary place to work.
B.Providing a minimum of two weeks paid vacation.
C.Providing a one hour paid lunch break.
D.Providing paid health insurance to the employee and his/her family.
page-pf4
All but one of the following elements is required of an enforceable contract. The
exception is:
A.offer and acceptance.
B.mutual agreement.
C.consideration.
D.malafide intention.
For a drug to be approved, it is estimated that it costs a pharmaceutical company
approximately:
A.$400 million.
B.$500 million.
C.$600 million.
D.$700 million.
page-pf5
The Clean Water Act of 1972 set minimum standards for water purity in a manner
similar to the Clean Air Act. Included in such standards is:
A."fishable and drinkable."
B."fishable and swimmable."
C."drinkable and swimmable."
D."drinkable and boatable."
A proposal that is both offered by the offeror and accepted by the offeree is a
_____contract.
A.void
B.invalid
C.valid
D.voidable
page-pf6
Disaffirmance may be done by the minor:
A.before receiving the consideration.
B.within a day after reaching adulthood.
C.after receiving the consideration for the contract.
D.within a reasonable time after reaching adulthood.
All of the following are considered to be forms of oral communications in making an
offer EXCEPT:
A.telephone.
B.television.
C.e-mail.
D.in person.
page-pf7
An individual must demonstrate that he or she is __________ when signing an advance
directive.
A. competent
B. terminal
C. incompetent
D. insolvent
Describe the Fair Labor Standards Act of 1938 (FLSA) and to whom this law applies.
page-pf8
The literal translation of "stare decisis" would mean ______.
A."during the pendency of a proceeding"
B."to postpone hearing without a date"
C."to send a summons"
D."to stand on decided cases"
page-pf9
Defamation is a broad term that includes both:
A.libel and slander.
B.libel and conversion.
C.nuisance and libel.
D.grand and petty conversion.
A right or interest in land granted to a party to make beneficial use of the land owned by
another is a(n):
A.accession.
B.precession.
C.easement.
D.subterranean right.
page-pfa
The U.S. Supreme Court has ruled that arbitration clauses in employment contracts are
enforceable provided the following conditions are met EXCEPT:
A.The employee has signed the employment contract.
B.The employee has a reasonable time to file a claim.
C.The employee has the right to be represented by an attorney.
D.The employee has the right to appoint the arbitrator.
The protected class created pursuant to the Age Discrimination in Employment Act is of
persons:
A.who are minors.
B.over the age of 40.
C.who are spouse of employee.
D.who are decedents of ex-employee.
page-pfb
If a federal or state government grants a firm or person a license to conduct a specific
business, then such business may be known as a:
A.private franchisee.
B.government-granted franchise.
C. private monopoly.
D.government franchisor.
When threats are used to force someone to enter into a contract, the agreement may be
dissolved by:
A.the injured party.
page-pfc
B.the person using undue influence.
C.a third party.
D.the mistaken party.
A federal program that pays for specified health care expenses for individuals who are
65 years of age or older is known as _________.
A. Medicare.
B. Medicaid.
C. The Affordable Care Act.
D.Health Insurance Portability and Accountability Act.
page-pfd
In 1890, Congress passed the Federal Antitrust Act, also known as the:
A.Corporate Oxendale Act.
B.Robinson-Patman Act.
C.Sherman Antitrust Act.
D.Sarbanes Oxley Act.
The principles and ideals that protect individual liberty and freedom are incorporated in
the ______.
A.Executive Order No. 1579 of the President
B.Constitution of the United States
C.Memorandum of Articles of a Corporation
D.Civil Rights Act of 1965
page-pfe
In a bailment for the sole benefit of the bailee, the law generally expects the bailee to
exercise ___________ care while in possession of the article.
A.great or extraordinary
B.reasonable
C.little
D.absolute
A term that is used in cases involving the negligence of professionals is:
A.false imprisonment.
B.vis major.
C.misfeasance.
D.malpractice.
page-pff
An agreement that lacks one or more of the essential elements of a contract from the
very beginning is a:
A.voidable and unenforceable contract.
B.void and unenforceable contract.
C.valid and enforceable contract.
D.void, but enforceable contract.
A private wrong that causes injury to physical well-being, property, or reputation of
another person is called a(n) ______.
A. tort
B. crime
C. accident
D. misunderstanding
page-pf10
Most written leases provide the covenant of:
A.quiet enjoyment.
B.livability.
C.safety.
D.possession.
It is a problematic issue as to how offshore gambling can be regulated, where
___________ laws generally do not apply.
A.consumer protection
B.human rights
C.constitutional
D.administrative
page-pf11
In recent years, it has become quite popular for people to trade and download music and
other forms of entertainment (movies, games, etc.) from the Web onto compact disks
and other digital storage devices. The legal issue associated with this is:
A.copyright infringement.
B.patent infringement.
C.trademark infringement.
D.service mark infringement.
A lawsuit against the financial planner's deliberate obstruction of the client's desire to
transfer one or more accounts to another professional is brought for _____.
A.unauthorized trading.
B.transfer of account problems.
page-pf12
C.fraud or misrepresentation.
D.churning.

Trusted by Thousands of
Students

Here are what students say about us.

Copyright ©2022 All rights reserved. | CoursePaper is not sponsored or endorsed by any college or university.