Marks, who innocently purchased a used television that had been stolen by the seller,
was requested to surrender the television. Marks would not surrender the set until he
was reimbursed the money he paid. Marks is guilty of the tort of
a. fraud.
b. trespass.
c. negligence.
d. conversion.
Damages that are awarded by the court to an injured party in excess of the actual
damages suffered for the other party’s deliberate, wrongful acts are known as
a. real damages.
b. nominal damages.
c. punitive damages.
d. none of these.
Under the law, torts are classified as
a. intentional, negligent, and criminal.
b. criminal, intentional, and strict liability.
c. intentional, negligent, and strict liability.
d. criminal, negligent, and strict liability.
Under what circumstances can an injured party seek compensation in the form of (a)
compensatory damages and (b) consequential damages?
Unless the agency agreement provides otherwise, all profits that result from an agency
a. belong solely to the agent.
b. belong solely to the principal.
c. are divided equally between the principal and the agent.
d. belong to the agent, based on the time spent.
Kim purchased a portable TV from Edgar without realizing that the TV was stolen. Kim
received
a. no title.
b. a valid title.
c. a voidable title.
d. formal title.
The sentence for a criminal offense may be
a. a fine.
b. a prison term.
c. community service.
d. all of these.
A legal written notice addressed to the defendant in a civil action indicating that a
lawsuit has been filed and ordering him or her to appear in court to answer charges is
called a
a. summons.
b. motion.
c. complaint.
d. deposition.
An agreement reached between labor and management regarding working conditions
and wages is known as a
a. union control.
b. wage-and-hour agreement.
c. collective employment agreement.
d. collective bargaining agreement.
The purpose of federal and state laws is
a. to prohibit job discrimination.
b. to regulate hours.
c. to promote safe working conditions.
d. all of these.
A statement of fact made by the seller to induce the buyer to purchase goods is
a. puffing.
b. an express warranty.
c. an implied warranty.
d. an advertisement.
Damage to your car caused by hitting a tree would be covered by
a. property damage liability insurance.
b. uninsured motorist coverage.
c. collision insurance.
d. comprehensive insurance
Which representative of the government prosecutes a person accused of committing a
crime?
a. Public defender
b. Chief of police
c. Criminal court judge
d. District Attorney
An example of a tort that is not intentional is
a. fraud.
b. wrongful death.
c. negligence.
d. infliction of mental distress.
A railroad would not be liable as an insurer of a passenger’s baggage if the baggage
were stolen or destroyed by
a. an invading army.
b. a group of angry rioters.
c. railroad employees.
d. hijackers.
Administrative agencies exist at federal, state, and local levels.
The person to whom a negotiable instrument is transferred is the indorser.
A written agreement for the sale of goods need be signed only by the buyer.
Only the directors of a corporation may invalidate an ultra vires act.
One of the first printed books containing important decisions of English court judges
was ____________________ Commentaries.
The amount of an insurance policy premium may depend upon the risk involved.
The maker of a promissory note is considered to be a primary party.
Failure to repair a new or used vehicle purchased with a warranty is a violation of the
____________________ laws.