Christy downloaded a music software program from the Internet. Under the UCC, the
software is:
A. a good.
B. a service.
C. a good faith warranty.
D. a mixture of goods and services.
Answer:
Advocates for socially responsible corporations sometimes recommend that
corporations can sensitize themselves to outside concerns by restructuring their decision
making processes to include:
A. giving shareholders lesser power.
B. changing the composition of the corporate board.
C. promoting lesser transparency within corporate structures.
D. giving greater immunity to corporates.
Answer:
It is unlikely that greater control by shareholders will lead to greater corporate social
responsibility because:
A. most shareholders are motivated by maximizing profits and are unlikely to approve
corporate actions contrary to that end.
B. many shareholders have access to the information necessary to closely monitor the
noneconomic performance of a company.
C. there is a definite chance that the values of “ethical” shareholders would be
representative of society as a whole.
D. shareholders will have the power to adopt resolutions binding the corporate
managers.
Answer:
Which of the following states has traditionally been considered attractive for
incorporation?
A. Delaware
B. New York
C. California
D. Iowa
Answer:
When the offeror does not specifically indicate what he/she was willing to do and what
he/she wanted the offeree to agree to do in return, his/her behavior will probably be
classed as:
A. a quasi-contract.
B. an offer.
C. an invitation to negotiate.
D. an invitation to bid.
Answer:
_____ requires persons who generate, treat, store, or transport specified quantities of
hazardous waste to notify the EPA of that fact.
A. The Resource Conservation and Recovery Act
B. The Federal Water Pollution Control Act
C. The Compensation, and Liability Act
D. The Safe Drinking Water Act
Answer:
Under rational basis analysis:
A. a government action will be upheld as long as it has a reasonable relationship to the
achievement of a legitimate purpose, even if those provisions are foolish.
B. discrimination on the basis of a suspect category will receive highest scrutiny.
C. courts will deem a government action unconstitutional when the action impinges on
a fundamental right.
D. discrimination on the basis of economic interest will receive highest scrutiny.
Answer: