A reply is a document filed by the original plaintiff in response to the defendant’s
cross-complaint.
Extortion of public officials is called extortion under color of official right.
An order instrument is payable to anyone in physical possession of the instrument and
presents it for payment when it is due.
The complaint and summons are served on the plaintiff.
Monetary damages and equitable remedies are provided in a civil lawsuit.
Closed shop security agreements are illegal in the United States.
The ________ is a federal statute passed in 1990 that requires food manufacturers and
processors to provide nutrition information on many foods and prohibits them from
making scientifically unsubstantiated health claims.
A) Food, Drug, and Cosmetic Act
B) Health Care and Education Reconciliation Act
C) Nutrition Labeling and Education Act
D) Patient Protection and Affordable Care Act
Which of the following is a provision of the Freedom of Information Act?
A) It allows public admission to the day-to-day workings of an administrative agency.
B) It protects persons from harassment by federal administrative agencies.
C) It opens most federal administrative agency meetings to the public.
D) It gives the public access to documents in the possession of federal administrative
agencies.
Mary has already won her case at the U.S. Court of Appeals. When the case is reviewed
by the Supreme Court, only eight judges are present. Four of the judges vote for Mary
while the other four vote against her. Which of the following will be the result of this
case?
A) The case will be sent to the U.S. Court of Appeals for a review.
B) Mary will win the case as she had already won at the U.S. Court of Appeals.
C) The case will be reviewed again by the U.S. Supreme Court when all the judges are
present.
D) Mary will win and the case will set a precedent for later cases.
Only ________ were allowed to belong to the American Federation of Labor.
A) skilled craft workers
B) unskilled workers
C) literate workers
D) illiterate workers
Which of the following is true in the creation of a general partnership?
A) The business name has to have the names of all the partners.
B) The business name cannot be a fictitious name.
C) The business name selected by the partnership cannot indicate that it is a
corporation.
D) The business cannot operate under a trade name.
Monetary damages are not provided in cases involving violation of the ADA.
Jules Renton, a financial accountant at Valkyrie Aviations, deals with the accounts
Valkyrie has with the government. Valkyrie Aviations is in contract with the government
to deliver a new bomber plane called Spearhead. While reviewing the Spearhead
account, Renton noticed that Valkyrie has been falsely billing the government for
Spearhead’s production. If Renton chooses to be a whistleblower and expose the scam
to the government, what statute enacted by the Congress must he invoke?
A) Business Norms Act
B) False Claims Act
C) Sarbanes-Oxley Act
D) Glass-Steagall Act
Limited partnerships are also known as ________.
A) sole partnerships
B) ordinary partnerships
C) general partnerships
D) special partnerships
Which of the following is true of a transfer of leased property by landlords?
A) A landlord cannot sell the rights to receive rent.
B) A new owner-landlord can alter the terms of an existing lease during the term of the
lease.
C) If the complete title is transferred, the property is subject to the existing lease.
D) If a valid lease contract expires, a landlord can sell his ownership interest in a
property.
Marcia buys a $3,000 high-definition plasma television for her home on credit extended
by the seller, Current City. Current City requires Marcia to sign a security agreement.
Current City has a ________ interest in the television that is automatically perfected at
the time of the credit sale.
A) cumulative security
B) future advance monetary
C) default
D) purchase money security
A tenancy created when a lease specifies intervals at which payments are due but does
not specify how long the lease is for is called a ________.
A) tenancy at sufferance
B) tenancy for years
C) periodic tenancy
D) tenancy at will
________ establishes the protocol that must be followed by an administrative agency
while enforcing substantive laws.
A) Formal ruling
B) Substantive administrative law
C) Procedural administrative law
D) Informal ruling
Which of the following is true of a Chapter 13 petition?
A) It can be filed by all individual debtors, irrespective of their income.
B) The petitioner need not demand an extension or composition.
C) To qualify for Chapter 13, the debts must primarily be consumer debt.
D) Creditors can file a Chapter 13 petition claiming payment from a debtor.
According to the doctrine of ________, a participant in a covered activity will be held
liable for any injuries caused by the activity, even if he or she was not negligent.
A) strict liability
B) assumption of risk
C) comparative negligence
D) contributive negligence
Interests or instruments that are expressly mentioned in securities acts are known as
________.
A) common securities
B) implicit securities
C) investment contracts
D) statutorily defined securities
The term ________ refers to the legal, tangible evidence of ownership of goods.
A) tenure
B) title
C) possession
D) pledge
A merger between two regional fruit-sellers that do not sell fruit in the same
geographical area is an example of a ________.
A) market extension merger
B) conglomerate merger
C) horizontal merger
D) vertical merger
Which of the following is true of a limited partnership agreement?
A) It provides that all transactions must be approved by all partners.
B) It does not contain information about dissolution of the partnership as it is an
agreement of formation.
C) It provides that general and limited partners have equal voting rights.
D) It sets forth the terms and conditions regarding the termination of the partnership.
________ are rights that give existing shareholders the option of subscribing to new
shares being issued in proportion to their current ownership interests.
A) Rights to first refusal
B) Preemptive rights
C) transfer rights
D) Rights to company ownership
________ is a shipping term in a contract that requires the seller to bear the expense
and risk of loss until the goods are unloaded from the ship at its port of destination.
A) Ex-ship
B) No-sale, no-arrival
C) Free on board point of shipment
D) Cost, insurance, and freight (C.I.F.)
What is the method of identification of goods specified under UCC guidelines?
What is a best-efforts contract?
Discuss the significance of the Zippo Manufacturing Company v. Zippo Dot Com, Inc.
case in terms of jurisdiction in cyberspace.
Explain the requirement for a holder in due course (HDC) under the Uniform
Commercial Code (UCC) that there be no evidence of forgery, alteration, or irregularity
with respect to a negotiable instrument.
What is meant by the tenant’s duty not to use leased premises for illegal or
nonstipulated purposes?
Give an account of the seller’s right to recover damages for breach of contract.