Archives: Quiz

Mobilink Telecom Inc. deals in the manufacture of mobile handsets. Broadcom deals in the manufacturing Bluetooth personal area network hardware systems and chips. The acquisition of Mobilink Telecom Inc. by Broadcom is an example of a _____. A. vertical merger. […]

After a valid election to certify a union has been conducted by the NLRB, another election is: A. permitted within six months regardless of whether the union wins the certification vote. B. permitted within six months regardless of whether the […]

Oral defamation is called: A. gossip. B. slander. C. libel. D. hearsay. E. assault. Opinion research indicates that the public’s highest concern regarding regulation of industry is: A. expansion of industry into protected areas. B. control of toxic and hazardous […]

The deposited acceptance rule is also known as the _____ rule. A. mirror image B. mailbox C. unilateral D. bilateral E. negotiation Which of the following statements about a breach of contract is false? A. If a breach by one […]

When a patent expires, the invention is said to be in the ________, and others may use it without limitation. A. business environment B. communal realm C. collective sphere D. public domain E. legal open space The right of an […]

Which of the following is true in case a patent expires? A. It comes under the purview of the Supreme Court to restrict its use in public. B. It is in the public domain and others may use it without […]

Unauthorized use of a registered trademark is known as: A. false advertising. B. infringement. C. denigration. D. depreciation. E. copy violation. The Pregnancy Discrimination Act: A. covers only married pregnant women. B. provides for medical coverage in case of medical […]

All of the following are steps an employer can take to address allegations of discrimination without triggering a retaliation claim EXCEPT: A. treat complaints seriously as soon as they are made. B. be sure managers and other employees know and […]

The ultimate purpose of a contract is the creation of an agreement that courts will order parties to perform or to pay consequences for the failure of performance. When courts uphold the validity of such promises, the resulting agreement is […]

Who developed the theory of the categorical imperative? A. Socrates B. Plato C. John Rawls D. Immanuel Kant E. Charles Darwin Antonio and Fred were playing soccer when Fred accidently kicks Antonio’s shin instead of the football during a pass. […]

The _____ function of an administrative agency is accomplished by making reports to the president or the Congress. A. adjudicatory B. advisory C. rule making D. investigatory E. determinacy Section 5 of the _____ Act prohibits unfair or deceptive acts […]

Answer: FALSE The UCC changes the legal requirement of consideration in cases of firm offers, and of preexisting obligations. Refer to sidebar 8.7. Answer: TRUE Answer: TRUE Answer: FALSE Written defamation, or defamation published over radio or television, is termed […]

Answer: TRUE Answer: TRUE Answer: FALSE The party who is dissatisfied with the jury’s verdict may file a posttrial motion with the judge seeking either a judgment notwithstanding the verdict, (state court) or motion for judgment as a matter of […]

Answer: FALSE The takings clause of the Fifth Amendment to the Constitution favors Bentham’s view that property serves the common good. It allows the government to take specific resources (usually but not always land) away from private owners for “public […]

Answer: TRUE Answer: TRUE Answer: TRUE Answer: TRUE Answer: FALSE Complete Performance recognizes that a contracting party has fulfilled every duty required by the contract. Answer: TRUE Answer: TRUE Answer: FALSE Like advisory opinions, industry guides are informal and not […]

Answer: TRUE Answer: TRUE Answer: TRUE Answer: TRUE Answer: TRUE Answer: FALSE The Federal Trade Commission (FTC) enforces the Clayton Act. Answer: FALSE There is no private cause of action under OSHA, which means that an employee cannot sue an […]

Answer: FALSE Most courts have ruled that federal standards only set a minimum requirement for safe design and that meeting federal standards does not automatically keep a manufacturer from being sued for strict products liability. Answer: FALSE If a bonus […]

Answer: TRUE Answer: TRUE Answer: FALSE It is very important to note that standing to sue does not depend upon the merits of the plaintiff’s contention that particular conduct is illegal. The presence of standing is determined by the nature […]

Answer: TRUE Answer: FALSE Increasingly, the EPA is encouraging the states, through their implementation plans, to adopt an approach called the bubble concept. This approach permits flexibility in curtailing pollution and provides businesses with economic incentives to discover new methods […]

Answer: FALSE For an acceptance to create a binding contract, standard contract law requires that the acceptance must “mirror” the offer, that is, must match it exactly. This is the mirror image rule. Answer: FALSE The Fair Credit Billing Act […]

Answer: FALSE Diversity fosters concern over values, and in recent years American society has become more openly pluralistic. Several trends illustrate society’s concern over the possible fragmentation of ethical values at home, at school, and in business. Answer: FALSE Like […]

Answer: TRUE Answer: FALSE If something must take place in future, before a party has a duty to perform, it is a condition precedent. Answer: FALSE Some courts recognize the applicability in pollution cases of strict liability tort doctrine. No […]

Answer: TRUE Answer: FALSE The exclusive legal fence of property protects us in various ways, principally in the possession, use, and transfer of what we own. Yet we cannot use or transfer what we own without limits. We must respect […]

Answer: TRUE Answer: TRUE Answer: TRUE Answer: TRUE Answer: TRUE Answer: FALSE The first part of the commerce clause grants the federal government power to regulate foreign commerce. The power to regulate foreign commerce is vested exclusively in the federal […]

Answer: FALSE Breaking into a building with the intent to commit a felony is burglary.[/cpmembership] Answer: FALSE As a general rule, the FLSA sets 14 years of age as the minimum age for employment, and limits the number of hours […]

Answer: TRUE Answer: FALSE Use of a letter of credit in the transaction thus reduces the uncertainties involved. Answer: TRUE Answer: FALSE Property provides an ordering of relations between people. It acknowledges that each person has an exclusive sphere for […]

Answer: FALSE In a deposition, the lawyer orally asks questions of the possible witness and an oral response is given. All the spoken words are recorded by a court reporter, and a written transcript is prepared. Answer: TRUE Answer: FALSE […]

Answer: TRUE Answer: FALSE Employees entitled to receive the WARN notice include those who are hourly, salaried, supervisory, and managerial. In essence all workers, even part-time, are entitled to receive the notice. Answer: FALSE Formalists might say that secret monitoring […]

Answer: FALSE To protect police officers, courts have held that officers making an arrest do not need a search warrant to search that person and the immediate area around that person for weapons. Answer: FALSE When state law is inconsistent […]

Answer: TRUE Answer: TRUE Answer: FALSE A petition for a writ of certiorari is a request by the losing party in the court of appeals for permission to file an appeal with the U.S. Supreme Court. Answer: TRUE Answer: TRUE […]

Which of the following is true regarding the effect of a debtor offering to pay less money than is owed as full payment on a debt when the debt itself, in its entirety, is in dispute, and the creditor agrees? […]

When may a buyer revoke acceptance if a nonconformity substantially impairs the value of goods? A. For any reason within 24 hours of acceptance. B. For any reason within 48 hours of acceptance. C. For any reason within 7 days […]

Under which of the following circumstances will a court refuse to uphold modifications or limitations to remedies agreed upon by the parties? A. When they seem to give one side a benefit. B. When one party is a corporation. C. […]

A ______ is a specific draft, drawn by the owner of a checking account, ordering the bank to pay the payee from that drawer’s account. A. Promissory contract B. Certificates of deposit C. Note D. Check E. Time instrument “Rough […]

Which of the following is true regarding transportation costs when the designation FOB is used? A. The selling price includes transportation costs. B. The selling price does not include transportation costs. C. The buyer and seller bear transportation costs with […]

When does title to property pass? A. When the parties intend. B. When a contract is made. C. When physical possession is obtained. D. Twenty-four hours after possession is obtained. E. Three days after a contract is signed. “Missed Payments.” […]

What are the rights of the parties under the UCC to provide for remedies in addition to those provided by the UCC? A. Parties to a commercial sales agreement may provide for remedies in addition to those provided by the […]

In the landlord-tenant relationship, the owner of the property is called the _____. A. Landlord or lessor B. Landlord or lessee C. Holder or lessor D. Holder or lessee E. Holdee or lessee Which of the following is one of […]

Mary is an agent for ABC Photography, owned by Phil. Without disclosing her agency status, Mary agrees by contract to take Polly’s wedding photographs. When Phil finds out, he explains the agency relationship he has with Mary to Polly and […]

A _____ of personal property is a relationship that arises when one party transfers possession of personality to another to be used in an agreed-on manner for an agreed-on time period. A. Bailment B. Transfer C. Loan D. Release E. […]

Which of the following would not be considered an example of consideration? A. A promise to be on time for class all semester. B. A promise to stop drinking sports drinks. C. A promise to walk the neighbor’s dog. D. […]

“Four Paws Protection.” Congress set up a new agency to more closely regulate testing of personal and cosmetic products on animals. Legislation was passed naming the agency the “Animal Protection Commission,” and setting forth the function of the agency and […]

Which of the following was the result in Family Winemakers of California v. Jenkins, the case brought by winemakers from California challenging a Massachusetts law distinguishing between how large and small winemakers could distribute their wines in Massachusetts? A. That […]

Which of the following is true regarding the obligations of the parties if leased premises are destroyed through a fire or other disaster not the fault of the landlord? A. The lessee must continue paying rent until the premises are […]

“Friends and Family.” Mindy was very close to her family and friends. She also liked to spend and had a large amount of consumer debt for items such as jewelry, clothing, a personal watercraft, and a new car. Mindy was […]

“To the Dogs.” Alice loves all animals and is starting a new grooming business for them. She believes that animals are very important and plans to exceed any applicable regulations regarding cleanliness and health standards. Alice thinks, however, some local […]

A reference to laws governing the conduct of states and international organizations and their relationships with one another is ______. A. Comparative law B. International law C. Joint law D. Foreign subsidiary law E. Affiliate law Which of the following […]

Bill did not keep a close watch on his ATM card. He discovered, however, when he started to purchase some presents for his girlfriend that it was missing. Unfortunately, over $1,000 had been fraudulent purchased using the card by the […]

The obligation to use reasonable efforts to minimize damage resulting from a breach is referred as the duty to ______ one’s damages. A. Reduce B. Remit C. Reform D. Mitigate E. Migrate Which of the following did Congress pass in […]

Which of the following is true regarding awards of punitive damages in the U.S.? A. It is not always easy to predict what a court will do in any given case. B. Punitive damages may not be awarded in excess […]