LB 239 Quiz

subject Type Homework Help
subject Pages 2
subject Words 183
subject Authors Frank B. Cross, Roger LeRoy Miller

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A service mark distinguishes products used by those in public service.
Answer:
The contract term 'free on board' indicates that the selling price of goods includes
transportation costs to the specific F.O.B. place named in the contract.
Answer:
Under the Clean Water Act, criminal penalties apply whether a violation was intentional
or unintentional.
Answer:
Private parties can sue violators of Section 10(b) of the Securities Exchange Act of
1934 and SEC Rule 10b-5 for rescission of a contract to buy securities.
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Answer:
Labels on fresh meats are not required to indicate where the food originated.
Answer:
A franchisee ordinarily does not pay a fee for a franchise license (the privilege of being
granted a franchise).
Answer:
In most states, an individual cannot hold more than one corporate office and be both an
officer and a director of the corporation.
Answer:

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