Archives: Quiz

Communication as monologue is characterized by such attributes as trust, lack of pretense, humility, respect, directness, open-mindedness, honesty, concern for others, non-manipulative intent, equality, and acceptance of others as individuals with intrinsic worth, regardless of differences of opinion or belief. […]

Formal communications audits should be conducted about every five years. a. True b. False Two common methods to develop an internal communication plan are to do so by flow or media. a. True b. False Answer: True Good can help […]

12.The model acknowledge that both sender and receiver a reactive and simultaneou interpreter of messages as well as recognizes the importance of feedback, particularly of the nonverbal type, in meaning making. a. Communication as information transfer c. Influence based on […]

Business communication typically should use business style, which is less formal than traditional academic writing and the same level of formality as a conversation. a. True b. False Forecasting refers to the logical flow of ideas both throughout the message […]

When planning the delivery of a “bad news” message, you should first consider whether you can reframe the message by focusing on a positive aspect of the situation. a. True b. False People do not respond well to negative, threatening, […]

From a leadership or management perspective, it is valuable to recognize the stages of group formation and to as appropriate. a. Assign new roles b. Reprimand c. Reward d. Intervene During a question-and-answer session, you should do all of the […]

One of the best ways to open a presentation is with a joke because who doesn’t like a good laugh? a. True b. False According to Kotter, the functions of management are to produce order and consistency through all of […]

Barnlund offers three types of communication to differentiate between monologic and dialogic communication, including all of the following, EXCEPT: a. Messages whose intent is to coerce others. b. Messages of an exploitative sort in which words are arranged to filter […]

Tests of the validity of evidence include all of the following, EXCEPT: a. Statistics b. Testimony c. Comparisons and analogies d. Emotions To communicate with audiences,you should use a conventional mode of presentation,refe to common knowledge as much as possible, […]

In addition to issues of social responsibility, business values and ethics play an important role in the success or failure of a business. The Toy Corporation issued 200 shares of stock with no par value. The articles of incorporation provided […]

A document of title is not sufficient for a creditor to take an interest in goods. Franchisors may be found liable for the wrongful conduct of their franchisees on an apparent authority theory when the conduct of the franchisor creates […]

Details of performance of a contract not expressly stated in a contract will often be implied by the court. The names of limited partners and investors must be included on the certificate of limited partnership. Answer: F The EPA has […]

A debtor may redeem collateral at any time prior to the time that the secured party has disposed of the collateral or entered into a binding contract for resale by tendering the entire obligation that is owed plus any legal […]

“Permissive” subjects of bargaining include seniority provisions, promotions, layoff and recall provisions, no-strike no-lockout clauses, and grievance procedures. The standard for rejection requires that any defect in the good be material. Answer: F An after-acquired property clause in a consumer […]

A transferee of a nonnegotiable warehouse receipt acquires only the title and rights that the transferor had actual authority to transfer. Most states provide that if a dishonored check is not made good within a stated period of time, it […]

As a general rule, the nondisclosure of information that is not asked for does not impose fraud liability or impair the validity of a contract. The shares of a close corporation are always held by a single individual. Answer: F […]

A buyer always has a right to examine the goods to determine if, in fact, the goods conform to the contract. In a simple contract made by an authorized agent on behalf of a disclosed principal, the third person may […]

A corporation may be convicted of a criminal offense if it is shown beyond a reasonable doubt that the offense was committed by its agent acting within the scope of the agent’s authority. The maker is the person who writes […]

In older cases, the employer-employee relationship was referred to as the master-servant relationship. A will may only be revoked by operation of law; it may not be revoked by act of the testator. Answer: F The Sarbanes-Oxley Act (SOX) made […]

To satisfy the statute of frauds, the writing must be signed and must include the price of the goods. When property is transferred to a trust, the trustee has legal title and the beneficiary has equitable title. Answer: T An […]

The fact that payment on a check has been stopped does not affect its negotiable character. In the case of either a check or a draft, the drawer may be held civilly liable if the instrument is dishonored. Answer: T […]

A house-painting contract is discharged if continual rain makes it impossible to complete the painting by the time specified in the contract. A victim of a tort may sue and recover money damages. Answer: T When the dissolution of a […]

The time for performance is typically essential in a contract for the sale of perishable property. Ulysses bought Whiteacre from Gordon but never recorded the deed. Gordon stayed on the property as a tenant for three (3) years. Near the […]

A merger is subject to antitrust law, while a consolidation is not. Despite consumer protection legislation, for most consumers pursing their rights in court is not cost beneficial. Answer: F In a merger or consolidation, the surviving corporation generally succeeds […]

Testate distribution describes the distribution that is made when the decedent leaves an invalid will. Modern administrators cannot make laws, but they can argue persuasively before Congress for the passage of needed legislation. Answer: F All federal courts are expressly […]

Punitive damages are generally recoverable in contract actions. An issuer has an obligation to honor drafts under a letter of credit if the conditions specified in the letter have been satisfied. This obligation includes the bank’s obligation to assure that […]

Most courts consider an engagement ring to be a conditional gift. Unincorporated associations are generally formed to further a common purpose. Answer: T The assumption of risk defense has been abolished in several states. Answer: T The United States Supreme […]

Differences among businesses preclude the development of any universal categories of ethical behavior. The intent to make a gift requires an intent to transfer title at that time. Answer: T Barnes agrees with Morgan to enter into the management of […]

Miriam issued two checks. The first check was made payable to her neighbor for a used car that the neighbor sold to Miriam. The second check was a rent payment to Miriam’s landlord for the current month’s rent.The car was […]

The warranty liability of a qualified indorser is the same as that of an unqualified indorser. When an accountant makes a contract to perform services, there is a duty to exercise the skill and care that are common for the […]

An altered instrument can be enforced according to its original terms. No writing is required for a contract by which a broker agrees with a customer to buy or sell securities for the customer. Answer: T The death of a […]

A qualified indorsement qualifies the effect of a blank or special indorsement by disclaiming certain liabilities of the indorser to a maker or drawee. A liquidated damages clause is a contractual provision stipulating the amount of damages to be paid […]

Governments may regulate prices but not credit terms. Contract provisions that limit the remedies of the parties are generally unenforceable. Answer: F The statement, “I doubt that I can perform the contract,” is a repudiation of the contract. Answer: F […]

Morris rented an apartment in a relatively safe neighborhood of a major city. The door to Morris’ apartment had two locks, and one of these was of the deadbolt variety designed to prevent burglaries. Morris left for work and engaged […]

Offers, acceptances of offers, and revocations of offers are all effective when mailed in a properly-addressed envelope bearing the proper amount of postage. When the federal government deregulates an industry, the states automatically have the power to regulate the same […]

Thomas, the holder of a check, presents it to the drawee bank for payment. If Thomas indorses the check, Thomas warrants that the account of the drawer in the drawee bank contains funds sufficient to cover the check. The contributory […]

The use of letters of credit arose in international trade. The provisions of Article 6 concerning bulk transfers are designed to protect creditors. Answer: T An oral agreement to supply a line of credit for two (2) years cannot be […]

When a credit application is refused, it is sufficient that the lender give the applicant a written statement saying: “application refused.” Transfer or possession and use of bailed property without compensation is a gratuitous bailment. Answer: T In some states […]

When a term of an acceptance conflicts with a term of an offer but it is clear that the parties intended to be bound by a contract, the UCC still recognizes the formation of a contract, and the conflicting terms […]

Partners have the implied authority to bind the partnership by contracts of surety for any and all purposes. A crime consists of three elements: the mental state, the intent, and the act. Answer: F Generally, a promise is legally enforceable […]

Herman Corporation is engaged in preparing a marketing campaign consisting of electronic and print images. Drawings and photographs for the campaign are coming from a variety of sources, including popular magazines, international newspapers, and web sources. The marketing vice president […]

Instruments are negotiable when they contain the terms required by contract law. The standard for determining commercial impracticability is objective, not subjective. Answer: T Restrictions on the transfer of stock are valid if they are not unreasonable. Answer: T A […]

Collective bargaining contracts govern the rights of employers and employees only in public sectors of employment. Changes to the Constitution have been brought about by interpretation, amendment, and practice. Answer: T Securities covered by the securities acts includes only investment […]

An agreement between Jim and his 18-year-old daughter, Betty, provides that he will give her $25,000 if she does not marry until after her 22nd birthday. One month after reaching the age of 22, Betty, still unmarried, claims the $25,000.Jim […]

To be patentable, an invention must be new and not obvious to a person of ordinary knowledge and skill in the art or technology to which the invention is related. Private citizens lack the authority to have polluting activities halted […]

Courts can create law. The right of privacy does not apply to intrusions into our privacy by means of new technology. Answer: F Consumer goods are classified into different categories based on the debtor’s intended use, not the physical characteristics […]

A third person who deals with a person claiming to be an agent has the right to rely on the statements made by the agent concerning the extent of the agent’s authority. Parol evidence is allowed to show whether an […]

Religious societies may not grant hiring preferences to members of their religion. The group of time-honored rules that courts have used to solve similar problems for decades is called stare decisis. Answer: T All partners must contribute money to be […]

As an owner of the corporation, a shareholder always has the right to inspect the books of the corporation for any purpose, regardless of whether the inspection is related to the shareholder’s interest as a shareholder. Commercial paper facilitates the […]

When it is claimed that a contract is too indefinite to be enforced, a court will do its best to find the intent of the parties and thereby reach the conclusion that the contract is not too indefinite. Bob Corporation […]