Which of the following constitutes computer crime?
a. Theft or vandalism of computer hardware, software, or secrets.
b. Distributing child pornography via computer.
c. Implanting a malicious code.
d. All of the above.
George has been declared incompetent by the court and is under the care of his sister.
Unknown to his sister, George rents the 30,000-seat civic center for his birthday party.
George’s contract to rent the civic center is best described as:
a. a void contract.
b. a quasi contract.
c. a voidable contract.
d. an enforceable contract.
An obligation of the merchant-seller that the goods are reasonably fit for the ordinary
purposes for which they are manufactured and sold, and the goods are of fair average
quality is known as:
a. a warranty of merchantability.
b. strict liability.
c. an express warranty.
d. a warranty of fitness for a particular purpose.
Under the Code, collateral is classified according to:
a. its nature and use.
b. the fundamental rights of the secured party.
c. the fundamental rights of the debtor.
d. None of the above.
In a “closed shop,” an employee:
a. cannot be hired if he is a union member.
b. cannot agitate for union representation.
c. must be a union member before being hired.
d. need not be a union member to work but must pay the union an amount equal to
normal dues.
Apparent authority:
a. depends on an agent’s own statements about her authority.
b. depends on the principal’s manifestations to the third party.
c. confers on the agent or supposed agent the power to bind a disclosed, unidentified, or
undisclosed principal.
d. All of these are correct.
In the Ed Nowogroski Insurance, Inc. v. Rucker case, the court found that:
a. all former employees have an obligation to refrain from using the general knowledge,
skills, and experience acquired under the former employer.
b. customer lists are always protected as trade secrets.
c. where a former employee seeks to use trade secrets of the former employer to obtain
a competitive advantage, the competitive activity can be enjoined.
d. the Uniform Trade Secrets Act distinguishes between written and memorized
information in determining whether the information is entitled to trade secret
protection.
Which of the following would violate the Taft-Hartley Act?
a. Union officials boycotting meetings with Tel Ko Computer Corp. representatives.
b. Union officials meeting on Tel Ko Computer Corporation’s property.
c. Union members striking to gain more fringe benefits.
d. Union members wearing membership badges.
Which of the following is untrue regarding the revocation of a will?
a. There can be a partial revocation.
b. An inadvertent destruction of a will acts as a revocation.
c. The execution of a second will does not of itself constitute a revocation of an earlier
will.
d. Divorce does not ordinarily revoke a will.
A __________ is the refusal to accept an offer.
a. revocation
b. counteroffer
c. rejection
d. statutory irrevocability
Cameron doesn’t like Bradley, so at a cocktail party he spread untrue rumors about
Bradley’s lifestyle. These rumors harm Bradley’s reputation in the community.
Cameron:
a. is guilty of libel.
b. is guilty of slander.
c. cannot be subject to a defamation suit brought by Bradley.
d. is protected by the First Amendment to the Constitution.
A contract that does not satisfy the writing requirement of the Article 2 statute of frauds,
but which is otherwise valid, is enforceable in which of the following situations?
a. Where the goods have been delivered and accepted.
b. Where payment has been accepted.
c. Where the goods have been specially manufactured and are not suitable for resale in
the ordinary course of business.
d. All of the above.
An express condition may be preceded by which of the following terms?
a. While.
b. After.
c. Provided that.
d. All of the above.
Insurance protects a business from:
a. tort liability.
b. damage from natural causes.
c. negligence.
d. All of the above.
The 1977 amendments to the Clean Water Act divided pollutants into the categories of:
a. point and nonpoint.
b. hazardous, significant, and benign.
c. toxic, conventional, and nonconventional.
d. primary and secondary.
Which of the following is a requirement of a valid gift?
a. An adult donor.
b. Payment of money.
c. A writing.
d. Delivery.
In order for a deed to be effective between the purchaser and the seller of real estate, the
deed must:
a. be in writing and signed by both parties.
b. include the actual sale price.
c. be recorded pursuant to the state statute.
d. be delivered to the buyer by the seller with the intent to transfer title.
Under RICO, a __________ is any of several criminal offenses such as murder,
kidnapping, arson, extortion, and drug dealing.
a. predicate act
b. liable act
c. white-collar crime
d. mala in se act
The seller may resell the goods identified to a contract:
a. only at a public sale.
b. only if the goods are sold as a unit.
c. at a public or private sale.
d. only if the goods are perishable.
The Clean Air Act requires the EPA Administrator to do what, regarding new stationary
sources?
a. Establish federal standards of performance that reflect the best technological system
of emission reduction.
b. Establish performance standards that will match emissions from existing sources.
c. Allow no discharge of any pollutants.
d. All of the above.
A doctrine allowing a mortgagor to relieve her property from a mortgage lien by paying
the debt that the mortgage secures is known as:
a. rehabilitation.
b. the covenant of quiet title.
c. foreclosure.
d. a right of redemption.
Under the Superfund Recycling Act of 1999, recyclers are exempt from clean-up cost
liability to the government or third parties.
Discuss the effect of an unauthorized signature on an instrument.
A quorum of shares must be present at the shareholders’ meeting, either in person or by
proxy, to make effective decisions.
A court needs to have both subject matter jurisdiction and jurisdiction over the parties
involved before it can hear a particular case.
All furniture, television sets, and appliances purchased by a minor for her apartment
would be considered necessaries.
Under the RUPA, it is possible to cure an illegality within 90 days after notice to the
partnership of the event dissolving the partnership for illegality.
Administrative law judges are appointed by the President and confirmed by the Senate
just as are judges in the U.S. District Court.
“Shelf registrations” have to do with delayed sales of stock.
Determining the value to be placed on the consideration that stock purchasers will
exchange for shares is the responsibility of the shareholders.