A computer crime generally requires that:
a. the criminal possess a computer.
b. the victim possess a computer.
c. the criminal have some knowledge of computers.
d. the victim have some knowledge of computers.
An application for insurance:
a. may be oral.
b. generally is attached to the policy and becomes a part of the insurance contract.
c. must be prepared by an attorney.
d. has no binding effect on the applicant.
To help eliminate conflicts of interest, Sarbanes-Oxley prohibits certain activities by
audit firms for their audit clients, including:
a. the design and implementation of financial information systems.
b. actuarial services.
c. management functions and human resources.
d. all of the above.
Negotiation of order paper requires:
a. delivery only.
b. indorsement only.
c. both indorsement and delivery.
d. neither indorsement nor delivery.
When the statute of frauds applies and there is no written proof of the contract, the
contract is:
a. void.
b. enforceable if there are two credible witnesses.
c. voidable by a party who has not signed.
d. illegal.
An assignment is valid only if:
a. it is in a particular form.
b. it is written.
c. there is a manifestation of the intent to assign.
d. the assignment is paid for by the assignee.
A limited partnership can be formed by one (1) or more __________ partners and one
(1) or more __________ partners.
a. unreserved; reserved
b. active; silent
c. licensed; unlicensed
d. general; limited
When goods are shipped COD:
a. the buyer always has the right to examine them before making payment.
b. the underlying contract must specify when the buyer may inspect the goods.
c. the buyer has no right to examine the goods until payment is made.
d. the buyer gives up all rights to inspection of the goods.
The signature requirement, as an element of negotiability, can be met by:
a. the use of initials.
b. a mark.
c. a trade name.
d. all of the above.
The Semiconductor Chip Protection Act provides that an infringer will:
a. be liable for actual damages
b. forfeit its profits to the owners
c. both a. and b.
d. neither a. nor b.
Substantial impairment:
a. only requires proof that goods do not conform to the contract.
b. requires that the goods are shown to be worthless.
c. requires proof that the use to the buyer is materially different than the contract
promised.
d. none of the above.
The attorney general of a state may bring a class action suit to recover damages for
those injured by an antitrust violation which raised prices.
Officers that cause a corporation to break a contract with third party are liable to the
third party even if they acted in good faith to advance the interests of the corporation.
Title VII requires that employers make reasonable efforts to accommodate their
employees’ religious beliefs.
When a party who is not originally named in an instrument allows her name to be added
to it for the benefit of another party in order to add strength to the collectability of the
instrument, that party becomes a secondary obligor and assumes a liability role.
Stealing trade secrets can result in fines, but not imprisonment.
The tort of invasion of privacy has some application to cyberspace communication.
Spot zoning may result in such inequality as to be condemned by the courts.