To obtain the protections and benefits of the sentencing guidelines, companies must
have some form of anonymous reporting.
a. True
b. False
Title VII discrimination provisions apply only to employers with 50 or more employees.
a. True
b. False
Cyberspace companies are exempt from the consumer privacy rules on use of consumer
information and sale of consumer lists.
a. True
b. False
A writofcertiorari:
a. is issued for every case appealed to the U.S. Supreme Court.
b. applies only to cases of original jurisdiction.
c.is an order issuing a decision to hear a case.
d.none of the above
The reasonable person standard is the standard of duty for purposes of establishing
negligence.
a. True
b. False
Enabling acts:
a. are regulations of administrative agencies.
b. are nonlegislative provisions.
c. establish administrative agencies and their authority.
d. must contain sunset provisions.
Misappropriation is the conversion of a trade secret.
a. True
b. False
Resale price maintenance is a vertical restraint of trade.
a. True
b. False
The Fourth Amendment is the Mirandawarning amendment.
a. True
b. False
Passengers injured in a plane crash caused by the plane’s defective design have no
rights of recovery against the
airplane manufacturer.
a. True
b. False
Mandatory arbitration is unconstitutional.
a. True
b. False
Jane: “I’ll pay you $50 if you will clean my windows.” Al: “I’ll do it for $75.”
Jane: “$65 and it’s a deal.” Al: “No way.”
Jane: “Too late. We have a contract.” Which of the following statements is true? a. Jane
is correct, there is a contract.
b. There is no contract.
c.There is a contract to clean the windows for $65.
d.There is a contract to clean the windows for $75.
Which of the following federal acts does not permit private citizen suits?
a. Resource Conservation and Recovery Act
b. Clean Air Act
c.Clean Water Act
d.All of the above permit private suits.
Black-out periods are timeframes in which trading by company employees is prohibite
d.
a. True
b. False
The Fifth Amendment and Fourteenth Amendment are the “due process” amendments.
a. True
b. False
The Bipartisan Campaign Reform Act:
a. regulates soft money use.
b. regulates PACs.
c. outlawed think tanks.
d. none of the above
A willful violation of OSHA carries a possible one year prison sentence.
a. True
b. False
The principle of stare decisis forbids a court from changing a doctrine already
established judicially.
a. True
b. False
The EU has its own currency.
a. True
b. False
Plant closing laws:
a. have been outlawed by Congress.
b. have been adopted at the local and state levels but not at the federal level.
c.exist at the state, local, and federal levels.
d.none of the above
For public figures the media has a qualified privilege.
a. True
b. False
“With all faults” serves to disclaim:
a. an express warranty.
b. liability under 402A.
c.liability for negligence.
d.none of the above
The first question of the Blanchard/Peale model for resolving ethical dilemmas is
whether the conduct is legal.
a. True
b. False
Nonattainment areas are exempt from the Clean Air Act.
a. True
b. False
Sulfur dioxide emission permits can be sold under the 1990 Act.
a. True
b. False
The state of Montana, in response to “outsiders” controlling ranch properties, has
passed a statute that requires 6 months of residency before an individual can purchase
40 or more acres of land. The statute is:
a. a legitimate exercise of state powers.
b. an unconstitutional burden on interstate commerce.
c. constitutional because the statute applies only to intrastate lands.
d. constitutional because all buyers must be residents.
The implied warranty of merchantability requires:
a. proof that the seller is a merchant.
b. proof that the buyer relied on a merchant.
c.proof of a defective product.
d.all of the above
The Economic Espionage Act makes it a crime to take trade secrets by computer.
a. True
b. False
An inherence school company would become involved in a residential property tax for
schools only if:
a. the community would benefit from the tax.
b. government leaders are in favor of the tax.
c.the issue would affect the company’s performance.
d.community leaders favored it.
Only an actual seller or purchaser can bring a suit for civil recovery under 10(b).
a. True
b. False
What would be the film makers’ best defense in the suit against them by the author?
a. That the idea of a Fort Apache is general in terms of the nature of a battle and not a
unique idea.
b. That the name of the film is different.
c.That the use of an idea in a film is not an infringement of an idea in a book.
d.That book names are not protected by statute.
Under the new securities rules issued under the JOBS Act, which of the following
companies would need to register its securities under the 1934 Securities Exchange Act
for purposes of periodic reporting?
a. A company with $5 million in assets and 2,000 shareholders.
b. A company with $10 million in assets and 1,500 shareholders.
c.A company with $10 million in assets, 2,000 shareholders, and 550 non-accredited
shareholders.
d.A company with $10 million in assets, 2,000 shareholders, and 450 non-accredited
investors.
Which of the following is not a LESCANT factor?
a. language
b. law
c. social organization
d. contexting