Social Accountability Accreditation Services accredits companies that meet the Social
Accountability 8000 standards in the area of child labor.
According to the contributory negligence defense, a plaintiff’s recovery is reduced by a
percentage equal to the percentage of the plaintiff’s fault in the case.
The smaller the Herfindahl-Hirschman Index (HHI), the more concentrated the market.
The Congress of Industrial Organizations (CIO) was organized in response to the needs
of laborers working in skilled trades.
The Clean Water Act clearly states what waters are covered by the act and therefore
subject to Environmental Protection Agency regulations.
In the context of alternative dispute resolution (ADR), arbitration is procedurally less
formal than mediation but more formal than court adjudication.
Mergers may produce significant economies of scale.
An employer may defend against an age discrimination claim by showing that age is a
bona fide occupational qualification (BFOQ).
Civil law involves wrongs against the general welfare as formulated in specific criminal
statutes.
Injured parties may sue for injunctive relief and treble damages under the Clayton Act.
According to stakeholder advocates, simply maximizing the interests of the primary
stakeholders of a corporation, would satisfy a corporation’s social duties.
Teleological ethical systems are often referred to as _____.
A. formalist ethical systems
B. existentialist ethical systems
C. deontologist ethical systems
D. consequentialist ethical systems
What is the key consideration in establishing an appropriate employee bargaining unit?
A. The interests of the management
B. The community of interest among the employees
C. The interest of the labor union
D. The inclusion of supervisors in the bargaining unit
Mark, the owner of a dry cleaning store, refuses to return an expensive tuxedo to Jim,
his customer, for a day as he mistakenly believes that Jim has not made payments for
the services availed in the past three months. This is an example of a(n) _____.
A. trespass to personal property
B. misappropriation
C. conversion
D. injurious falsehood
Jones sold a wooden chair to Amy, claiming it to be an antique. However, Jones
recently acquired the chair from a carpenter who specializes in reproducing antique
furniture. When Amy showed the chair to an antique collector, he pointed out that it was
a fake. Thus, Amy was a victim of _____.
A. innocent misrepresentation
B. libel
C. slander
D. fraud
A _____ merger typically involves an alliance between a supplier and a purchaser.
A) congeneric
B) conglomerate
C) horizontal
D) vertical
A regulatory taking where the government allows land development only if the owner
dedicates some money to the government is called a _____.
A. total taking
B. ramification
C. partial taking
D. mitigation
Thomas, a private-accountant, was humiliated and fired from his job after his employer
accused him of embezzling money with no factual basis. When Thomas applied for
another job, the former employer told the prospective employer why Thomas was fired.
Thomas can sue his employer for _____.
A. r©sum© fraud
B. defamation
C. invasion of privacy
D. negligence
Which of the following is true of the First Amendment?
A. It forbids the government to deprive citizens of life, liberty, or property without due
process of law.
B. It prohibits the taking of private property for public use without just compensation
for the owner.
C. It forbids the establishment of an official state religion and undue state interference
with religious practice.
D. It provides the right of the people to be secure in their houses against unreasonable
searches and seizures shall not be violated.
The Transatlantic Trade and Investment Partnership is a proposed trade agreement
between the United States and _____.
A. the African Union
B. the European Union
C. Australia
D. China
Which of the following statements is true of the Kyoto Protocol?
A. It called for a 50 percent reduction from 1990 levels of greenhouse gas emissions to
be achieved by 2010.
B. It became binding when ratified by 180 countries, on Russia’s ratification in late
2004.
C. It was ratified first by the United States.
D. It acknowledged that underdeveloped countries were principally responsible for the
greenhouse gas levels at that time.
An athletic footwear manufacturing company acquiring a mineral water manufacturing
company would be an example of a _____ merger.
A. congeneric
B. vertical
C. horizontal
D. conglomerate
Section 2 of the Sherman Antitrust Act, 1890 forbids:
A. price discrimination.
B. monopolization.
C. tying arrangements.
D. patents and copyrights.
The Foreign Sovereign Immunities Act of 1976 (FSIA) provides that foreign countries
may not be sued in American courts, subject to several exceptions.
What are the two national goals established by the Clean Water Act?
Explain illegal insider trading.
How is the presence of an unlawful price-fixing arrangement established?
Describe the purpose of the doctrine of promissory estoppel and list the three elements
required to prove it in court. Give an example to illustrate the use of a promissory
estoppel.
Vehicle searches: The U.S. Supreme Court gave a ruling that vehicle searches are
permissible in only two circumstances: