Business and Society
Midterm Exam
Course Introduction
Business and Society explores the dynamic relationship between organizations and the broader social environment in which they operate. The course examines the ethical, legal, and social responsibilities of businesses, analyzing how corporate decisions impact stakeholders, global communities, and the natural environment. Students will learn to critically evaluate the role of business in fostering social and environmental well-being while balancing the pursuit of organizational goals. Through case studies and current events, the course highlights key issues such as corporate social responsibility, sustainability, stakeholder engagement, and the evolving expectations of business in contemporary society.
Recommended Textbook
The Legal Environment of Business Text and Cases 8th Edition by Frank B. Cross
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35 Chapters
1251 Verified Questions
1251 Flashcards
Source URL: https://quizplus.com/study-set/3957
Page 2
Chapter 1: Business and Its Legal Environment
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79268
Sample Questions
Q1) Whether a law is constitutional depends on its source.
A)True
B)False
Answer: False
Q2) As a judge,Diane applies common law rules.These rules develop from
A)decisions of the courts in legal disputes.
B)regulations issued by administrative agencies.
C)statutes enacted by Congress and the state legislatures.
D)uniform laws drafted by legal scholars.
Answer: A
Q3) Remedies in equity include injunctions and decrees of specific performance.
A)True
B)False
Answer: True
Q4) Uniform laws apply in all states,including those in which the laws have not been adopted.
A)True
B)False Answer: False
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Chapter 2: The Court System
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42 Verified Questions
42 Flashcards
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Sample Questions
Q1) Loren files a suit against Mabel,alleging a failure to pay for the harvest of Mabel's orchards.Mabel denies Loren's charge and claims that Loren breached their contract to harvest a certain number of acres and owes Mabel money for the breach.Mabel's claim is
A)a contrary charge.
B)a counterclaim.
C)a counterpoint.
D)a cross complaint.
Answer: B
Q2) The United States Supreme Court has original jurisdiction in rare instances. A)True
B)False
Answer: True
Q3) An appellate court can affirm or reverse the decision of a trial court in part. A)True
B)False
Answer: True
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Chapter 3: Alternative and Online Dispute Resolution
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42 Verified Questions
42 Flashcards
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Sample Questions
Q1) Global Enterprises,Inc. ,uses the services of the Internet Corporation for Assigned Names and Numbers (ICANN).ICANN's purpose is to
A)arbitrate international commercial disputes between private parties.
B)facilitate the litigation of any cyberspace dispute.
C)focus on the negotiation of any e-commerce dispute.
D)oversee the distribution of domain names.
Answer: D
Q2) Alternative dispute resolution refers to any method for resolving a dispute outside the court system.
A)True
B)False
Answer: True
Q3) A court's scope of review on the appeal of an arbitrator's award may be restricted. A)True
B)False
Answer: True
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Page 5
Chapter 4: Ethics and Business Decision Making
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42 Flashcards
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Sample Questions
Q1) Ethical standards would most likely be considered violated if Retail Mart Corporation deals with a company in a developing nation that
A)agrees to produce goods at Retail Mart's desired price.
B)goes unnoticed by "corporate watch" groups.
C)exploits its workers.
D)pays its workers less than the U.S.minimum wage.
Q2) Ergonomic Corporation convenes its employees for its managers to announce (1)a new company-wide ethical code of conduct, (2)an ad campaign to publicize the new code,and (3)the discharge of employees who do not adhere to the code.One of the most effective ways to set a tone of ethical behavior within a business organization is
A)to create an ethical code of conduct.
B)to discharge employees who do not create the appearance of impropriety.
C)to post a marketing campaign online touting the firm's ethical tone.
D)for management to direct employees to "do as we say,not as we do."
Q3) The minimal acceptable standard for ethical behavior is compliance with the law.
A)True B)False
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Page 6
Chapter 5: Constitutional Law
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42 Flashcards
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Sample Questions
Q1) The state governments retain all powers not specifically delegated to the federal government.
A)True
B)False
Q2) Len,a citizen of Maryland,obtains a federal license to operate a commercial fishing boat in Chesapeake Bay.The Maryland state legislature enacts a law that bans all commercial fishing in the bay.The state law most likely violates
A)no provision in the U.S.Constitution.
B)the commerce clause.
C)the due process clause.
D)the supremacy clause.
Q3) The checks and balances in the U.S.Constitution prevent any one branch of government from exercising too much power.
A)True
B)False
Q4) When there is a direct conflict between a federal and a state law,the state law is rendered invalid.
A)True
B)False
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Chapter 6: Administrative Law
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Sample Questions
Q1) A party can challenge an administrative regulation as so irrational as to be arbitrary and capricious.
A)True
B)False
Q2) The Federal Trade Commission (FTC)orders GR8 Steaks Company to reveal certain information.GR8 Steaks complains to a court,arguing that the order is an abuse of the FTC's discretion.Like other agencies,the FTC can use a subpoena to
A)compel a party to testify,but not to obtain documents.
B)obtain any information except what a party refuses to reveal.
C)pressure a party to settle an unrelated matter.
D)reveal violations of the law.
Q3) Rulemaking-the formulation of new administrative regulations-is a major function of Congress,not administrative agencies.
A)True
B)False
Q4) Final administrative rules have binding legal effect unless the courts later overturn them.
A)True
B)False
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Chapter 7: Criminal Law and Cyber Crime
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79262
Sample Questions
Q1) A misdemeanor is a crime punishable only by a fine.
A)True
B)False
Q2) Plato works for Quirky Squirters,Inc.During work hours,Plato "steals" his employer's computer time to start up his own business,Rowdy Drenchers.This is A)burglary.
B)robbery.
C)larceny.
D)no crime.
Q3) A hacker is someone who uses one computer to break into another.
A)True
B)False
Q4) Ivan signs Jeb's name,without his authorization,to the back of a check.This is A)no crime.
B)forgery. C)larceny.
D)robbery.
Q5) A person who commits larceny can be sued under tort law.
A)True
B)False
9
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Chapter 8: International Law in a Global Economy
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Sample Questions
Q1) Noggin Development Corporation,a U.S.firm,wishes to participate,but limit its involvement,in Middle Eastern markets.Noggin empowers Ousai,Ltd. ,a Dubai firm,to enter into contracts in certain countries on Noggin's behalf.This is
A)a distribution agreement.
B)an agency relationship.
C)indirect exporting.
D)licensing.
Q2) Yokima,Ltd. ,and Zenota,S.A. ,transact an international sale of goods.For these parties,and other international buyers and sellers,the United Nations Convention on Contracts for the International Sale of Goods spells out the duties that apply
A)if Article 2 of the Uniform Commercial Code does not apply.
B)if a dispute is submitted to the International Court of Justice.
C)if the parties have not agreed otherwise in their contracts.
D)under all circumstances.
Q3) Dumping is the sale of imported goods at "greater than fair value."
A)True
B)False
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Page 10
Chapter 9: Contract Formation
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Sample Questions
Q1) A contract is void if one of the parties was intoxicated at the time of its formation.
A)True
B)False
Q2) Misrepresentation of a material fact can occur through conduct alone.
A)True
B)False
Q3) Under the mailbox rule,an acceptance takes effect at the time it is sent.
A)True
B)False
Q4) Maya is a stockbroker.Nora believes that the price of OK Goods,Inc.(OKGI),a widely traded stock,is going to increase substantially.Through Maya,Nora buys 500 shares of OKGI at $10 per share,but the price soon drops to $2.Nora can successfully recover from Maya
A)nothing.
B)the amount of the purchase price.
C)the amount of the purchase price plus the expected increase.
D)the amount of the purchase price plus the unexpected decrease.
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11
Chapter 10: Contract Performance,breach,and Remedies
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Sample Questions
Q1) The purpose of the doctrine of election of remedies is to permit a double recovery.
A)True
B)False
Q2) Compensatory damages are foreseeable damages that arise from a party's breach of a contract.
A)True
B)False
Q3) A party who substantially performs his or her duties under a contract can enforce the contract against the other party.
A)True
B)False
Q4) In most contracts,promises of performance are not expressly conditioned. A)True
B)False
Q5) Most contracts are discharged by rescission.
A)True
B)False
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Page 12
Chapter 11: Sales,leases,and E-Contracts
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42 Verified Questions
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Sample Questions
Q1) A forum-selection clause indicates the forum in which contract disputes will be resolved.
A)True
B)False
Q2) Express warranties can be found in a seller's brochure
A)True
B)False
Q3) Olga,a salesperson for Pre-owned Cars & Trucks,Inc. ,tells Quincy,"This is the best car I've ever seen." This statement is
A)an express warranty.
B)an implied warranty.
C)a warranty of title.
D)puffery.
Q4) If a buyer breaches a contract and the seller resells the goods to another party,the seller cannot hold the breaching buyer liable for any loss.
A)True
B)False
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13
Chapter 12: Torts and Cyber Torts
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Sample Questions
Q1) The degree of care to be exercised in a situation can vary with a person's profession or occupation.
A)True
B)False
Q2) An unauthorized scan of a bank account can be an invasion of privacy.
A)True
B)False
Q3) An Illinois state statute requires commercial vehicle drivers to "fully attend to the operation of the vehicle." Jerry,a driver for Crosstown Taxi Company,is driving and talking on his cell phone when his cab collides with Kayla's car,injuring her.Kayla's best theory for recovery against Jerry and Crosstown is
A)a Good Samaritan statutes.
B)negligence per se.
C)res ipsa loquitur.
D)the "danger invites rescue" doctrine.
Q4) Bona fide competitive behavior can constitute wrongful interference with a contractual relationship.
A)True
B)False
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Chapter 13: Strict Liability and Product Liability
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Sample Questions
Q1) Farm Equip,Inc. ,makes farming machinery.Gail discovers that her Farm Equip tractor is defective and sues the maker for product liability based on negligence.To win,Gail must show that
A)Farm Equip sold the tractor to Gail.
B)Gail knew and appreciated the risk caused by the defect.
C)Gail suffered an injury caused by the defect.
D)the "defect" was a commonly known danger.
Q2) Welding Systems,Inc.(WSI),makes welding torches,masks,and related products.A WSI product may be unreasonably dangerous due to
A)a defect in its design.
B)the expectations of its seller.
C)the intentions of its distributor.
D)the method of accounting of its maker.
Q3) One of the requirements for a suit based on strict liability is a failure to exercise due care.
A)True
B)False
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Page 15
Chapter 14: Intellectual Property and Internet Law
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42 Flashcards
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Sample Questions
Q1) An applicant cannot register a trademark on the basis of an intention to use the mark in commerce.
A)True
B)False
Q2) A personal name is protected under trademark law if it acquires a secondary meaning.
A)True
B)False
Q3) A marketing technique can be a trade secret.
A)True
B)False
Q4) It is possible to copyright an idea.
A)True
B)False
Q5) Rockstar Software,Inc. ,develops a new series of performance-related video games.The games are most likely protected by A)copyright law.
B)patent law.
C)trademark law.
D)trade secrets law.
Page 16
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Chapter 15: Creditor-Debtor Relations and Bankruptcy
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Sample Questions
Q1) Teona files a voluntary petition in bankruptcy for relief through a liquidation.Debts that will not be discharged include claims for
A)domestic-support obligations.
B)money to be paid for goods not delivered.
C)contributions to employee benefit plans.
D)long overdue credit-card debt.
Q2) The basic duty of a trustee is to collect and reduce to cash the property in the bankruptcy estate that is not exempt.
A)True
B)False
Q3) Payment of the principal obligation will not discharge the surety from the obligation. A)True
B)False
Q4) Kenyon files a petition for bankruptcy.Kenyon must include with the petition
A)a plan to turn over his future income to the trustee.
B)a certificate proving attendance at a credit-counseling briefing.
C)a provision of adequate means for the petition's execution. d a statement of preference for one creditor over another.
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Chapter 16: Mortgages Foreclosures After the Recession
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Sample Questions
Q1) Seymour borrows $350,000 from Reliable Bank to buy a home.Seymour stops making payments on the loan ten months later.After the bank repossesses the property securing the loan but before it is sold,Seymour wants to buy it.This is
A)a deficiency judgment.
B)a reverse mortgage.
C)a violation of the law.
D)the right of redemption.
Q2) With an adjustable-rate mortgage,the rate of interest paid by the borrower changes periodically.
A)True
B)False
Q3) Darwin borrows $200,000 from Evermore Bank to buy a home.Less than six months into the term,Darwin stops making payments on the loan.To initiate the process to repossess and auction off the property securing the loan,Evermore must
A)issue a notice of sale to the borrower.
B)offer the property for sale in an auction on the courthouse steps.
C)record a notice of default with the appropriate county office.
D)resort to litigation to establish clear ownership of the property.
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Page 18
Chapter 17: Sole Proprietorships, franchises, Partnerships
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Sample Questions
Q1) Typically,the franchisee determines the territory to be served by the franchise.
A)True
B)False
Q2) Refer to Fact Pattern 17-2A.Mace dissociates from Networx.Luann signs a contract with Physik Drives,a wholesale component supplier,apparently on Networx's behalf.Physik does not know of Mace's dissociation.The contract is binding on
A)Luann,Mace,and Networx.
B)Luann only.
C)Networx only.
D)Physik only.
Q3) Hud and Iggy form Jerry-Bilt Construction to enter into a contract to build one bridge.Under their partnership agreement,Jerry-Bilt is to dissolve when the bridge is built.Iggy signs a contract for the firm to build a second bridge.Jerry-Bilt
A)dissolves as soon as the first bridge is built.
B)dissolves as soon as the second bridge is built.
C)dissolves immediately on Iggy's signing of the second contract.
D)does not dissolve.
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Page 19
Chapter 18: Limited Liability Companies and Limited Partnerships
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Sample Questions
Q1) Limited liability companies (LLCs)are governed by state LLC statutes.
A)True
B)False
Q2) Lui is considering forms of business organization for a chain of Magic Trix novelty stores.One advantage of the limited liability company form,with respect to tax options,is its
A)flexibility.
B)lack of accountability.
C)limited liability.
D)rigidity.
Q3) Flip is a member of Great States Trucking LLC.Flip's relationship to Great States ends,but the firm continues to do business.This is A)dissociation.
B)dissolution.
C)winding up.
D)wrongful.
Q4) A limited liability company must be managed by non-member managers. A)True
B)False
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Chapter 19: Corporations
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Sample Questions
Q1) Directors have a right to participate in all board of directors' meetings.
A)True
B)False
Q2) Corporate profits can be subject to double taxation.
A)True
B)False
Q3) Directors are not obligated to refrain from self-dealing.
A)True
B)False
Q4) Each incorporator must have an interest in the corporation.
A)True
B)False
Q5) A corporation formed in another country but doing business in the United States is referred to in the United States as an alien corporation.
A)True
B)False
Q6) Officers hire the directors and other executive employees.
A)True
B)False
Page 21
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Chapter 20: Agency
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Sample Questions
Q1) When an agent fails to perform his or her duties,liability for breach of contract may result.
A)True B)False
Q2) An agent has the implied authority to do what is reasonably necessary to carry out express authority.
A)True B)False
Q3) Rangler contracts with Siena to buy a certain horse for her.Rangler makes a deal with Timberline Stables,the owner of the horse,and makes a down payment.Siena fails to pay the rest of the price.Timberline sues Rangler for breach of contract.His right to hold Siena liable for any damages that he has to pay is the right of A)avoidance.
B)cooperation.
C)indemnification.
D)reimbursement.
Q4) A principal owes an agent a duty of estoppel.
A)True B)False
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Chapter 21: Employment Relationships
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Sample Questions
Q1) Carla,a waitress at Diners Coffee Shop,notices that the kitchen staff is not wearing protective gloves while preparing food,a violation of state law.Carla reports this to Esau,her manager,but no steps are taken.Carla then tells Free Press,a local newspaper.Free Press runs a story on the violations.Business at Diners drops 65 percent.Can Diners fire Carla for these actions
Q2) Children under fourteen years of age are not allowed to work.
A)True
B)False
Q3) Jenna is fifteen years old.Under the Fair Labor Standards Act,Jenna cannot work
A)in the entertainment industry.
B)in a hazardous occupation.
C)for her parents.
D)in the delivery of newspapers.
Q4) Courts in a few states have held that all employment contracts an implied covenant of good faith.
A)True
B)False
Q5) Only state law governs drug tests of private-sector employees.
A)True
B)False
Page 23
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Chapter 22: Employment Discrimination
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Sample Questions
Q1) Ruth is a supervisor for Subs & Suds,a restaurant.Tim is a Subs employee.The owner announces that some employees will be discharged.Ruth tells Tim that if he has sex with her,he can keep his job.This is
A)harassment on the basis of sexual orientation.
B)not harassment.
C)quid pro quo harassment.
D)same-gender harassment.
Q2) Refer to Fact Pattern 22-1A.To successfully defend itself against Erasmus's suit,Drain-Pro must articulate
A)a legitimate,nondiscriminatory reason for its action.
B)a mere fear that it would be sued if it used the test results.
C)a pretext for its action.
D)a discriminatory basis for its action.
Q3) Nina is a Jew and Odell is a college student.Based on this information,members of protected classes include
A)neither Nina nor Odell.
B)Nina and Odell.
C)Nina only.
D)Odell only.
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Page 24
Chapter 23: Immigratiion and Labor Law
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Sample Questions
Q1) Seafood Canning Corporation keeps a file of I-9 verifications forms.To inspect this file,the appropriate government officer must obtain
A)a subpoena and a warrant.
B)a subpoena or a warrant,but not both.
C)not a subpoena,a warrant,or the employer's consent.
D)the employer's consent.
Q2) Employers and unions have a duty to bargain in good faith.
A)True
B)False
Q3) Contracts limiting employees' rights to join unions are lawful.
A)True
B)False
Q4) Requiring union membership as a condition of continued employment is illegal in many states.
A)True B)False
Q5) An employer may hire temporary substitute workers to replace strikers. A)True
B)False
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Chapter 24: Consumer Protection
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Sample Questions
Q1) A sanction known as counteradvertising requires a company to advertise the products of its competitor to counter its own false claims.
A)True
B)False
Q2) Frosty's Appliance Store advertises freezers at a "Special Low Price of $299." When Garth tries to buy one of the freezers,Huey,the salesperson,tells him that they are all sold and no more are obtainable.Huey adds that Frosty's has other freezers for $2,299.This is A)a legitimate sales technique.
B)bait-and-switch advertising.
C)counteradvertising. D)puffery.
Q3) Major credit reporting agencies must provide consumers with free copies of their own credit reports every twelve months.
A)True
B)False
Q4) Credit can be denied solely on the basis of marital status.
A)True
B)False
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Chapter 25: Environmental Law
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Sample Questions
Q1) There are no plans to develop national standards regulating the fuel economy and emissions for medium- and heavy-duty trucks.
A)True
B)False
Q2) A barge owned by Oceanic Shipping Company accidentally runs aground,spilling the oil contained in its hold into the sea and onto the shore.Under the Clean Water Act,this is most likely
A)a violation.
B)not a violation because an oil spill is an accident.
C)not a violation because a floating barge is not a stationary source.
D)not a violation because a ship's hold is not a point source.
Q3) The Environmental Protection Agency (EPA)has the authority to regulate "any air pollutant." Fresher Air Group,a private organization,supports cleaner air.Fresher Air can file a suit against the EPA to A)compel the EPA to act only.
B)compel the EPA to act or prevent it from acting.
C)neither compel the EPA to act nor prevent it from acting.
D)prevent the EPA from acting only.
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27
Chapter 26: Real Property Land-Use Control
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Sample Questions
Q1) Inverse condemnation occurs when an owner simply gives private property to the government without accepting any compensation.
A)True
B)False
Q2) Cow Country Corporation (CCC)sells half of its land to the Double R Ranch.On the land is a reservoir.In the deed,CCC retains the right to remove a limited amount of water per day from the reservoir.This right is
A)a leasehold estate.
B)a license.
C)an easement.
D)a profit.
Q3) Mello Farms,Inc. ,wants to add a covenant to run with the land to its conveyance of some of its property to New Commodities,Inc.To be enforceable,this covenant must A)be conveyed for "just compensation."
B)include a burden that has a connection to the property.
C)substantially alter the essential character of the property.
D)all of the choices.
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Chapter 27: Antitrust and Monopoly
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Sample Questions
Q1) Unilateral conduct cannot result in a violation of antitrust law.
A)True
B)False
Q2) Seaside Cannery,Inc. ,is one of many producers of canned seafood.Seaside refuses to sell its products to Port Harbor Restaurant Corporation.Under antitrust law,this refusal is most likely
A)a per se violation.
B)a violation if its competitors make similar deals.
C)a violation if it thereby acquires monopoly power.
D)not a violation.
Q3) Any conspiracy-even if it occurs outside the United States-that has a substantial effect on U.S.commerce is within the reach of the U.S.antitrust laws.
A)True
B)False
Q4) Monopsony power is market power on the buy side of a market.
A)True
B)False
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Chapter 28: Antitrust and Restraints of Trade
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Q1) Java Bean Company imports coffee beans and sells them under two-year contracts to Mellow Roast,Inc. ,and other coffeemakers.The contracts require that during the two-year term a coffeemaker not buy beans from Java Bean's competitors.The contracts do not limit the coffeemakers' purchase of tea or other beverage ingredients from other suppliers,however.In the second year of the contract,Mellow Roast protests that this arrangement violates antitrust law.Is Mellow Roast correct If not,why not If so,under which antitrust statute,or statutes,could these contracts be held illegal
Q2) Perfecto Appliance Company,Qualité Kitchens Corporation,and Royale Products,Inc. ,control 90 percent of the market for appliances in a certain geographic area.Perfecto,Qualité,and Royale agree to sell their appliances for the same prices,and to exclude Superia Appliances,Inc. ,which controls the other 10 percent of the market.This is
A)an anticompetitive practice in violation of the Clayton Act.
B)a per se violation of the Sherman Act.
C)a violation of the Sherman Act under the rule of reason.
D)not a violation of antitrust law.
Q3) In a concentrated industry,antitrust laws do not apply.
A)True
B)False
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Page 30
Chapter 29: Investor Protection and Corporate Governance
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Q1) Frothy Beverage Corporation is a public company whose shares are traded in the public securities markets.Under the Securities Act of 1933,Frothy is required to
A)contribute to the operations of national stock exchanges.
B)disclose financial and other information about its securities.
C)engage in market surveillance to deter undesirable practices.
D)solicit proxies for voting.
Q2) Ridgeline Sports Gear,Inc. ,is required to register its securities under Section 12 of the Securities Exchange Act of 1934.Section 16(b)of the act covers
A)the declaration of dividends by Ridgeline's board of directors.
B)the later re-registration of Ridgeline's securities.
C)the short-swing activities of Ridgeline's insiders.
D)the solicitation of proxies from Ridgeline's shareholders.
Q3) Anyone who wrongfully obtains inside information and trades on it for his or her personal gain can be liable under SEC Rule 10b-5.
A)True
B)False
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Chapter 30: Part I: The Foundations
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Q1) In a brief filed in Lea's suit against Mica in a state court,Neil,Lea's attorney,cites,Ole!
Cafe v.Pan Foods Corp. ,an unpublished opinion.With respect to the persuasiveness of unpublished opinions,most states
A)allow their courts to consider such opinions.
B)do not allow their courts to consider such opinions.
C)impose certain hierarchical rankings.
D)require their courts to consider such opinions.
Q2) In the pursuit of profits,Global Enterprises Corporation engages in what some observers consider to be bad corporate behavior.The worldwide explosion of information technology has led to a transparent global economy that makes socially responsible behavior
A)more important.
B)less important.
C)neither more nor less important.
D)both more and less important.
Q3) Ethical behavior on the part of Plastics Products Company may be inhibited by
A)clear ethical standards.
B)collective decision making.
C)legislative determinations of what represents society's best interest.
D)managers' dissent to unethical decisions.
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Chapter 31: Part II: The Public and International Environment
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Q1) Omni Oil,Inc. ,a Delaware firm,wants to use its corporate resources to influence the political process with respect to issues that do not relate to its business.Delaware attempts to block this use of resources.In a challenge to Delaware's action,under the First Amendment the most important question is whether
A)Omni and other corporations are protected by the free speech clause.
B)Omni should leverage political power through its economic skills.
C)Omni's speech is political in nature.
D)Omni's speech relates to an economic matter.
Q2) Arnie posts online a note that "I have good pix of child & me" with a link to several pictures of minors engaged in sex.Arnie is charged with violating a statute that makes it a crime to distribute material intended to make others believe it is child pornography.He argues that the statute is unconstitutional.The court is most likely to hold that the statute is
A)unconstitutional because it criminalizes speech.
B)unconstitutional because it is overbroad.
C)unconstitutional because it is impermissibly vague.
D)valid because it does not prohibit a substantial amount of protected speech.
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Chapter 32: Part III: The Commercial Environment
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Q1) Iowa enacts a statute that requires a label on a video game to warn parents when "the range of options available to a player include killing and maiming the image of a human being." Gamemakers file a suit against the state to block the statute's enforcement.Based on the decision of a California court in a case involving a similar statute,the court in this case is most likely to rule that the statute
A)extends restrictions on sex-based content to violence in video games.
B)violates the First Amendment's guarantee of freedom of speech.
C)imposes market-share liability on makers of violent video games.
D)replaces the voluntary rating system currently in use.
Q2) Dale's debts are discharged in a liquidation bankruptcy.With respect to Dale's prebankruptcy debt,Even Stevens Credit Reporting Agency must automatically report A)nothing.
B)the debt as "discharged," except the nondischargeable debt.
C)the debt as "discharged," including the nondischargeable debt.
D)the debt as "unpaid."
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Page 34
Chapter 33: Part IV: The Business Environment
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Q1) Beyond Gamez,Inc. ,a video game retailer based in California,does business in all fifty states exclusively online.According to New York state tax law,an out-of-state online retailer must collect and remit state taxes to New York if the retailer
A)plans to establish a substantial physical presence in New York.
B)targets a potential marketing base in New York.
C)maintains a Web site accessible in New York.
D)pays a party within New York to solicit business for its products.
Q2) Twisted Dipsy Pretzels Inc.offers entrepreneurs the opportunity to operate a franchise under the Twisted Dipsy trade name as a member of a select group of dealers that engage in the retail pretzel-concession business.To potential investors,Twisted Dipsy makes earnings claims.For those claims,the franchisor must have
A)a hypothetical basis.
B)a reasonable basis.
C)an actual basis.
D)no basis.
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Chapter 34: Part V: The Employment Environment
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Q1) AgriEquip Service & Supply,Inc. ,sends Merilyn an e-mail in which AgriEquip offers to employ her for certain hours and a specific amount of money over a limited period of time.She responds with a counteroffer that reduces the hours and increases the money.AgriEquip e-mails an acceptance.Merilyn performs,but AgriEquip refuses to pay.She files a suit against AgriEquip for breach of contract.The court is most likely to rule that the e-mail
A)showed only an agreement to agree.
B)was an agreement to the essential terms of an employment contract.
C)constituted an unenforceable,non-existent contract.
D)contained a contract but is unenforceable because it is electronic.
Q2) Paisley works for Rick's Air Conditioning & Heating Service.Reasons for holding Rick's liable under the doctrine of respondeat superior for Paisley's tort injuring Nikki do not include the employer's
A)ability to afford Nikki more effective relief.
B)ability to pay for Nikki's injury.
C)control over Paisley.
D)guilt or innocence.
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Page 36
Chapter 35: Part VI: The Regulatory Environment
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Q1) Sayer is an employee of Thorny Foliage Eradication,Inc.Sayer tweets messages about Thorny Foliage to employees and outside interested parties,including investors and others.According to the Securities and Exchange Commission,Sayer's messages are subject to
A)federal securities laws.
B)international communications regulations.
C)state blog and tweet rules.
D)no law.
Q2) The U.S.Green Building Council verifies that a building meets certain standards before issuing a Leadership in Energy and Environmental Design (LEED)certification.Lolly hires Myron,a subcontractor,and insists that his work conform to the requirements of the LEED rating system.If the standards are not conformed to,then
A)certain tax credits may not be available.
B)the U.S.Green Building Council may impose sanctions.
C)Lolly must pay "just compensation" to the local zoning authority.
D)Myron may be denied a zoning variance.
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