A number of states forbid random drug testing or limit it to safety-sensitive situations.
The conglomerate category includes all mergers that are neither horizontal nor vertical.
Truth is a complete defense in defamation cases.
Equity holders’ claims are always satisfied before creditors’ claims.
In a limited partnership, the limited partners manage the business and are personally
liable for all losses.
Small claims courts, for the most part, resolve relatively minor disputes.
Political advocacy may in some circumstances be considered a concerted activity for
“mutual aid or protection” under Section 7 of the National Labor Relations Act.
Corporations can solicit campaign contributions from employees, shareholders, and
others.
A horizontal group boycott is a situation where competitors agree not to deal with a
supplier, customer, or another competitor.
Recycled hazardous materials are covered by the Resource Conservation and Recovery
Act.
As per the rules issued by the Federal Communications Commission in December 2010,
Internet service providers are allowed to block consumer access to “lawful
websites”and “applications that compete with the provider’s voice or video telephony
services.€
Skye, who is unaware of Nathan’s mental incompetency, enters into an agreement with
Nathan to paint her house. Skye does not know that Nathan has been adjudged insane
by a court of law and therefore is angry at him for not finishing the work on time. This
agreement between Skye and Nathan is an example of a(n) _____ contract.
A. voidable
B. option
C. enforceable
D. void
Which of the following is true of the Securities Act of 1933?
A. It guarantees the economic merits of any investment opportunity.
B. It prohibits full disclosure of all material facts about the investment opportunity to
offerees before they invest.
C. It forbids any interstate offering of a new security until a registration statement has
been filed with and approved by the Securities and Exchange Commission.
D. The Securities and Exchange Commission has repealed the 1933 Act’s prescribed
relationship between solicitation or sales of a security and the registration process.
Which of the following statements about Title VII of the Civil Rights Act of 1964 is
true?
A. It forbids discrimination in hiring, firing, and all aspects of the employment
relationship.
B. Private-sector employees are not covered under Title VII.
C. It prohibits religious organizations from discriminating in employment on the basis
of religion.
D. Private clubs are not exempt from Title VII.
The National Labor Relations Act (NLRA) prohibits employees from engaging in
concerted activities like strikes and collective bargaining.
The _____ is charged with primary enforcement of the Children’s Online Privacy
Protection Act (COPPA).
A. Consumer Financial Protection Bureau
B. Federal Trade Commission
C. Consumer Product Safety Commission
D. Food and Drug Administration
Which of the following factors poses a problem in tackling environmental concerns?
A. If a decision is taken to correct an environmental problem, the entire burden of the
correction falls on the poorest section of society.
B. Environmental protection in the United States is just a matter of science, cost
assessment, and social policy.
C. The federal government plays an insignificant role in the protection of the
environment.
D. When performing a cost€benefit analysis, the criterion that should be used to
evaluate the cost to future generations is not clear.
In an international transaction between parties in two countries where the parties have
not specified the law to be applied to the contract, the applicable law will depend on
_____.
A. the buyer’s place of business
B. the country in which the court is located
C. the special international law statute
D. the place where the goods are used
Which of the following is true of the Landrum-Griffin Act?
A. It prohibits union members from speaking or voting at the union meetings.
B. It requires unions to keep records of their funds.
C. It allows unions to lend money without reporting to the government.
D. It holds that the terminology “restraint of trade” was meant to include labor
organizations.
Which of the following is employed to measure market concentration?
A. The Herfindahl-Hirschman Index
B. The Atkinson Index
C. The Gini Index
D. The Ogive Index
Which of the following is an intentional tort that is directed against the property of a
person?
A. Misappropriation
B. Injurious falsehood
C. Libel
D. Battery
Which of the following statements about the General Agreement on Tariffs and Trade
(GATT) is true?
A. In practice, it has done away with nonconforming tariffs.
B. Under GATT, countries are prohibited from implementing the concept of national
treatment.
C. Under GATT, once a good has been imported, it must be treated just as domestic
goods are treated.
D. It discourages offering the same reduced tariff to all World Trade Organization
members.
Ellen informs the sales clerk of an electronics store that she needs washing machines
capable of heavy-duty use. The sales clerk sells a machine to Ellen withholding the fact
that it is not heavy-duty. The machine break down after the first month. Which of the
following is accurate in this scenario?
A. Ellen can sue the store for breach of implied warranty of merchantability.
B. Ellen can sue the store for breach of implied warranty of fitness for a particular
purpose.
C. Ellen cannot sue the store as there is no breach of warranty because the clerk made
no affirmative statement or promise about the machines.
D. Ellen cannot sue the store as there is no breach of warranty because the clerk has no
responsibility for the way the machine is used.
Which of the following classes of regulatory takings involves situations where
government may take a portion of a piece of property in order to expand roads, install a
bike path, or establish a buffer zone?
A. Partial takings
B. Exactions
C. Total takings
D. Mitigations
When competitors collude, conspire, or agree among themselves, they are engaging in
_____.
A. horizontal restraints of trade
B. resale price maintenance
C. free riding
D. tying arrangements
Which of the following statements is true of random testing?
A. All states have made random drug testing illegal.
B. There are no significant legal problems associated with random testing.
C. None of the states limit random drug testing to safety-sensitive situations.
D. The U.S. Supreme Court has upheld such testing for public-sector employees where
public safety is involved.
The _____ proffered the Convention on Cybercrime as an international effort to address
computer-facilitated crime.
A. United States Secretary of Commerce
B. Federal Trade Commission
C. Council of Europe
D. Department of Commerce
Identify the clause that specifies that an event must occur before the parties to a contract
are obliged to perform.
A. An express conditions clause
B. A conditions concurrent clause
C. A conditions precedent clause
D. An implied conditions clause
_____ is the concept that countries should abide by international custom, treaties, and
other sources of international direction because that is the civil way to engage in
relationships.
A. Alluvion
B. Comity
C. Ordinance
D. Convention
Which of the following statements is true of corporate funds?
A. Although political action committees’ contributions are voluntary, corporate
employees often feel pressured to participate.
B. Corporations cannot solicit contributions from employees, shareholders, and others.
C. Corporations cannot lawfully establish political action committees to solicit and
disburse voluntary campaign contributions.
D. Corporate funds can lawfully be given directly to candidates for federal office.
Which of the following is a legally separate entity formed under the laws of the host
country and substantially owned by the foreign parent company?
A. A subsidiary
B. A branch office
C. A joint venture
D. A distributorship
Describe in brief some of the challenges faced in enforcing foreign judgments.
Define the term “click-wrap agreements.”Identify one problem it might create for
consumers.
What is meant by a labor union’s duty of fair representation?
List the methods used by the Consumer Product Safety Commission (CPSC) to enforce
its rules.
Describe licensing and franchising.
Explain the changing goals of antitrust law.
Explain how globalization has brought new challenges, particularly for the wealthy,
powerful Western garment manufacturers who profit from cheap labor in less developed
countries.
Define the concept of “comity” as it is used in international law.
Briefly describe the doctrine of unconscionability.