The cap-and-trade program leads to the use of the least cost-effective pollution
reduction methods to reach the desired environmental goals.
A seller may resist a Robinson-Patman charge by establishing that the price differential
is attributable to cost savings.
A valid offer must include the present intent to enter a contract.
The main purpose of the Comprehensive Environmental Response, Compensation, and
Liability Act of 1980 is to allow private citizens to sue for damages caused by
hazardous chemicals.
Commercial speech has not been accorded any protection under the First Amendment
of the U.S. Constitution.
The Environmental Protection Agency assists both state and local pollution control
efforts.
A showing of res ipsa loquitur requires that the accident ordinarily would not happen
absent the defendant’s negligence.
The Uniform Computer Information Transactions Act, which governs software and
Internet transactions as well as issues associated with software licensure, has now been
adopted by a majority of states.
Commercial speech receives greater protection under the Constitution than political
speech.
Under the Clean Air Act, the state government is solely responsible for setting air
quality standards.
_____ occurs when a manufacturer sells its products in a foreign country for less than
their normal value.
A. Expropriation
B. Intrusion
C. Dumping
D. Depositing
Which of the following statements is true of Carroll’s Social Responsibility Pyramid?
A. A company’s primary responsibility involves engagement in philanthropic endeavors.
B. A firm’s economic responsibilities should be limited to breaking even, and all profit
should be invested in the community.
C. A company’s social responsibility begins with making a profit lawfully.
D. A socially responsible firm would focus primarily on its discretionary and ethical
responsibilities and would minimize its focus on economic gain.
Which of the following is true about accommodating individuals with disabilities?
A. The Americans with Disabilities Act (ADA) allows employers to discriminate in
hiring or employing any individual with a disability.
B. The Americans with Disabilities Act (ADA) requires disabled employees to make
their own reasonable accommodations.
C. An employer is required to provide an accommodation for disabled employees even
if it would create an undue hardship for the employer.
D. An employer should engage in an interactive dialogue with the concerned employee
to explore possible reasonable accommodations.
Which of the following is true of unfair labor practice strikes?
A. They are used purely as economic weapons to persuade employers to provide more
favorable benefits or better working conditions.
B. The strikers can be permanently replaced by the management.
C. The law prohibits such strikes.
D. They are instituted by workers when the employers interfere with legitimate union
activities or fail to bargain in good faith.
The _____ amendments of 1970 and 1977 gave the Environmental Protection Agency
the power to set air quality standards and to ensure that those standards are achieved
according to a timetable prescribed by the agency.
A. Clean Air Act
B. Air Pollution Control Act
C. National Environmental Policy Act
D. Toxic Substances Control Act
When an individual’s name or image is wrongfully used without permission for
commercial purposes, it is called a(n) _____.
A. assault
B. intrusion
C. false light
D. misappropriation
The act governing the safe movement and disposal of hazardous solid wastes is the:
A. Clean Water Act.
B. Toxic Substances Control Act.
C. Comprehensive Environmental Response, Compensation, and Liability Act.
D. Resource Conservation and Recovery Act.
Which of the following is a commonly shared perspective on moral decision making by
both Kohlberg and Gilligan?
A. Moral decision making may be the product of a dual process system employing both
automatic emotions and controlled reasoning.
B. Moral decision making is an automatic, nonreflective process.
C. Moral decision making is the controlled product of analysis, deliberation, and
experience.
D. Moral decision making is a result of rapid judgments about right and wrong based on
unconscious processes that are involuntary and universal.
Alcoholism, drug addiction, and AIDS are disabilities under the Americans with
Disabilities Act (ADA).
Identify the correct statement about the Securities Act of 1933.
A. It allows interstate offering of a new security until a registration statement has been
filed with and approved by the Securities and Exchange Commission.
B. It ensures partial disclosure of material facts about the investment opportunity to
offerees.
C. It does not guarantee the economic merits of any investment opportunity.
D. It gives the Securities and Exchange Commission the power to suspend trading if it
suspects price manipulation.
Which of the following is an impact of the Supreme Court’s highly controversial 5-4
ruling in the 2010 Citizens United case?
A. The decision has restricted corporations and labor unions from spending unlimited
organizational funds for candidates.
B. The decision has permitted corporations and labor unions to coordinate
organizational fund spending with parties or candidates.
C. The decision has recognized political spending as a direct acceptance of liberty
guaranteed by the First Amendment.
D. The decision has opened the door to gushers of personal and corporate money
funneled through Independent Expenditure political action committees.
Which of the following statements is true of the Drug-Free Workplace Act of 1988?
A. It requires the federal government to develop anti-drug policies for each employer.
B. It requires employers who have contracts of $100,000 or more with the federal
government to provide drug-free awareness programs for employees.
C. It applies to all private employers in the United States.
D. It exempts employers who receive aid from the federal government.
Which of the following is true of states that have enacted right-to-work laws?
A. These states require nonmembers to pay union fees or dues.
B. These states allow nonmembers to be represented by unions in collective bargaining.
C. These states permit union security arrangements in collective-bargaining agreements.
D. These states require employers to hire only individuals who already belong to
unions.
Which of the following is a strict liability defense? A. Assumption of risk
B. Comparative negligence
C. Contributory negligence
D. Self-defense
In the civil trial process, _____ are the documents by which each party sets his or her
initial case before the court.
A. voir dires
B. demurrers
C. arraignments
D. pleadings
Which of the following is a feature of a corporation?
A. Double taxation
B. Unlimited liability
C. Definite duration
D. Prohibition of tax-deductible fringe benefits
Which of the following countries is one of the major emerging economies?
A. Zimbabwe
B. Ukraine
C. Brazil
D. Argentina
Jim makes an agreement to play live music at Rusty’s Tavern every Thursday night.
Last Thursday, he had the flu and hence could not go to Rusty’s. What can be concluded
about the agreement with respect to Jim’s condition?
A. His performance can be excused due to a condition precedent.
B. His performance can be excused due to a condition subsequent.
C. His absence should be penalized because personal service contracts are never
excused.
D. His absence should be penalized because there was a nonmaterial breach of contract.
State two legal considerations that influence employer drug-testing practices in
public-sector jobs.
Discuss the basic tax issue that arises from cyberspace transactions.
Explain any two types of equitable remedies in contract cases with an example each.
What is a monopoly? How is an unlawful monopoly determined?
Explain the three critical stages of the securities registration process.
Discuss the circumstances under which a state court will have in personam jurisdiction
over a person.