1. Thai Pizza Corporation is a restaurant chain with twenty locations.
Under federal law, Thai Pizza must post
a. the caloric content of the foods on the chain’s menu.
b. the recipes for the dishes on the chain’s standard menu.
c. the chain’s recommendations for the healthiest selections.
d. none of the choices.
1. The U.S. Green Building Council verifies that a building meets
certain standards before issuing a Leadership in Energy and Environmental
Design (LEED) certification. Lolly hires Myron, a subcontractor, and insists
that his work conform to the requirements of the LEED rating system. If the
standards are not conformed to, then
a. certain tax credits may not be available.
b. the U.S. Green Building Council may impose sanctions.
c. Lolly must pay “just compensation” to the local zoning authority.
d. Myron may be denied a zoning variance.
1. Cool Corporation makes energy-saving air conditioning units. Cool
anticipates a change in the demand for its products as a consequence
of climate change. One argument in favor of requiring Cool to
disclose this information is that it could lead to
a. additional protections under the Sarbanes-Oxley Act of 2002.
b. an increase in the number of shareholder suits against
competitors.
c. sound investment decisions by investors.
d. the conversion of Cool from publicly held to privately held.
1. Pinpoint Marketing, Inc. (PMI), a credit-reporting agency, sells
data about consumers to merchants and others. Consumers have some
recourse if PMI
a. realizes a profit from the sales.
b. sells data about consumers who request to be “blacklisted.”
c. does not report the data accurately.
d. does not tell consumers when the data is sold.
1. Sayer is an employee of Thorny Foliage Eradication, Inc. Sayer tweets
messages about Thorny Foliage to employees and outside interested
parties, including investors and others. According to the Securities and
Exchange Commission, Sayer’s messages are subject to
a. federal securities laws.
b. international communications regulations.
c. state blog and tweet rules.
d. no law.