Business Law
Exam Bank
Course Introduction
Business Law provides an introduction to the legal principles and frameworks that govern commercial activities and relationships within the business environment. The course explores key topics such as contracts, agency, sales, business organizations, intellectual property, and regulatory compliance. Emphasis is placed on understanding how legal concepts apply to real-world business scenarios, enabling students to identify potential legal issues, make informed decisions, and navigate the complexities of the legal system as business professionals. This foundational knowledge is essential for anyone pursuing a career in business management, entrepreneurship, or related fields.
Recommended Textbook Law and Ethics in the Business Environment 7th Edition by Terry Halbert
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9 Chapters
146 Verified Questions
146 Flashcards
Source URL: https://quizplus.com/study-set/877
Page 2
Chapter 1: Law, Ethics, Business: An Introduction
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19 Verified Questions
19 Flashcards
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Sample Questions
Q1) Laws must be static and unyielding in order to provide stability for a society.
A)True
B)False
Answer: False
Q2) The Ethic of Care is
A)A set of rules that explain how to prioritize those people affected by a decision so that a utilitarian analysis can be done successfully.
B)A set of universal principles,which applied evenly to all decisions will result in fairness and equity in ethical decisions.
C)The idea that we should all make decisions under the assumption that we don't know our station in life,that we could be the person most negatively impacted by the decision.
D)A set of principles that encourage decision makers to look at human relationships as a primary motivator for a decision.
Answer: D
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Chapter 2: The Duty of Loyalty: Whistleblowing
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15 Verified Questions
15 Flashcards
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Sample Questions
Q1) To determine whether a public employee receives First Amendment protection from speech (and therefore cannot be fired for it),the Supreme Court has stated that all of the following are important except:
A)The employer must have a justification for treating the employee differently than it would treat a member of the general public.
B)The speech cannot be about political topics.
C)The speech must be about something of great public concern.
D)The speech cannot be made as part of the employment (such as an internal memorandum).
Answer: B
Q2) Explain what happened in the 1968 Supreme Court's re-interpretation of the First Amendment to the U.S.Constitution regarding public employees' limited speech protections.
Answer: In 1968,the case of Pickering v.Board of Education addressed a public school teacher's criticism of the local school board.The Court weighed "the interests of the teacher,as a citizen,in commenting upon matters of public concern" against the State (a.k.a.the school board).The Pickering case gave public employees limited speech protection.
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Page 4
Chapter 3: Privacy and Technology
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20 Verified Questions
20 Flashcards
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Sample Questions
Q1) One reason employers use to justify giving honesty or integrity tests is:
A)History shows that employees that tell even a small lie on those tests are extremely likely to steal from the business.
B)Most employers use the test to calculate complex personality matches between employees when placing them on groups or teams in the business.
C)Employee theft is a tremendous expense each year and employers believe that these tests will remove the largest potential offenders.
D)Employers want something in the file they can try to use later to fire someone if it things don't work out.
Answer: C
Q2) How can businesses justify electronic surveillance?
Answer: Electronic surveillance turns into a form of quality control,enabling supervisors to better correct and improve employee performance.It measures and encourages efficiency.It enhances completeness and fairness of personnel evaluations.It can uncover employee disloyalty.
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5
Chapter 4: Valuing Diversity: Stereotyping VInclusion
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15 Verified Questions
15 Flashcards
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Sample Questions
Q1) The Equal Employment Opportunity Commission (EEOC)favors English-only rules because they decrease the ability for people to stereotype based on national origin or ethnicity and thus decrease illegal workplace discrimination.
A)True
B)False
Q2) Title VII of the Civil Rights Act of 1964 prohibits employment discrimination based on race,color,religion,sex,or national origin.Which of the following federal government agencies is charged with enforcing this statute?
A)U.S.Department of Labor
B)Merit Systems Protection Board
C)Office of Personnel Management
D)Equal Employment Opportunity Commission
Q3) Describe the term heightened scrutiny.What do the courts use to determine which type of scrutiny to use?
Q4) Title VII specifically addresses the issues of affirmative action,sexual harassment,and same-sex marriage.
A)True
B)False
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6
Chapter 5: Workers Rights as Human Rights: Health and Safety in
the Workplace
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15 Verified Questions
15 Flashcards
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Sample Questions
Q1) Typically individual stockholders are not held responsible for the actions of a corporation.Exceptions usually relate to comingling of funds,underinsuring,or similar actions by the corporate leadership.This is called:
A)Risking liability
B)Piercing the corporate veil
C)The privilege of the stockholders
D)Free market trading of stocks
Q2) When Nike faced public criticism for its affiliation with sweatshops,it started a public relations campaign to counter its negative image.Some detractors sued Nike to stop the campaign,alleging that it was misleading and false.Discuss why you,as a judge,would either allow Nike to continue its campaign,or would make Nike stop the campaign.
Q3) The purpose of OSHA and the MSHA is to eliminate injury in the workplace.
A)True
B)False
Q4) Though slavery was outlaws in the United States during the mid-1800's,several authors and experts express concern that slavery still exists in actuality and through sweatshops.Discuss what has been done to combat these issues and how companies charged with slavery of sweatshop affiliations have reacted.
Page 7
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Chapter 6: Global Climate Change: Responsibility and Survival
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16 Verified Questions
16 Flashcards
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Sample Questions
Q1) Describe the "proxy system" and how is it used to as activism to encourage companies to "go green."
Q2) The power of the U.S.Government to take property from a private individual and use it for public purposes is:
A)Due Process
B)Equal Protection
C)Eminent Domain
D)Suffrage
Q3) Discuss your thoughts on whether corporate social responsibility (CSR)should include an environmental component and how firms could capitalize on an environmental mission.
Q4) Which piece of legislation was passed first?
A)The Clean Water Act
B)The Resource Conservation and Recovery Act
C)The Clean Air Act
D)The Comprehensive Environmental Response,Compensation,and Liability Act
Q5) Many religious sects have an environmental ethic and could unite to influence political change.
A)True
B)False
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Chapter 7: Marketing and Technology: Choice and Manipulation
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15 Verified Questions
15 Flashcards
Source URL: https://quizplus.com/quiz/17370
Sample Questions
Q1) According to John Kenneth Galbraith,the theory of consumer demand is based on the following broad assumption(s):
I.Socialism will work in all societies because consumers are willing to share their wealth.
II.The urgency of wants does not diminish as more of them are satisfied.
III.Wants originate in the personality of the consumer.
A)I only
B)I and II
C)III only
D)II and III
Q2) According to District Judge Barbadora in the case of IMS Health,Inc. ,et al v.Kelly Ayotte,Attorney General of New Hampshire,is the Prescription Information Law more extensive than necessary to serve the State's interests? Explain your answer.
Q3) What is the Lanham Act? To succeed in suit under the Lanham Act,what must a plaintiff prove?
Q4) Discuss some actions the advertising industry has established for self-regulation.
Q5) What forms can deceptive advertising claims take?
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Chapter 8: Allocating Risk and Responsibilities: Products Liability
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15 Verified Questions
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Sample Questions
Q1) Explain the features of Section 402A of the Restatement of Torts (Second).
Q2) According to the plaintiff's attorney,to minimize liability,corporations often
I.Hire the best defense firms to make the plaintiffs look like liars
II.Pursue illegal means to get plaintiffs to drop their cases
III.Use the system to make the case too expensive for plaintiffs to pursue their cases
IV.Push plaintiffs in to class action suits to force the case to be heard only one time.
A)I and II
B)II and III
C)III and IV
D)IV and I
Q3) The term caveat emptor means:
A)"seller take care"
B)"empty the cave of deceit"
C)"buyer beware"
D)"truth shall prevail"
Q4) Explain how injured parties can recover damages under the UCC.
Q5) What are punitive damages?
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Chapter 9: Ownership, Creativity and Innovation: Intellectual Property
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16 Verified Questions
16 Flashcards
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Sample Questions
Q1) Give a brief description of the evolution of U.S.Copyright laws using approximate dates.
Q2) Discuss the Fair Use Doctrine - what are the four factors used to determine if a use is fair?
Q3) Why was the Digital Millennium Copyright Act passed?
Q4) The difference between the Project Gutenberg (PG)and the Google book scanning project is:
A)The PG limits itself to the "classics"
B)The PG limits itself to only works in the public domain
C)Google only digitizes full documents but the PG digitizes key segments
D)The PG limits itself to "orphan" works - those with hard-to-find authors or owners.
Q5) Reverse Engineering would be considered a violation of the Uniform Trade Secret Act.
A)True
B)False
Q6) Discuss how intellectual property is different from other kinds of property.
Q7) What must a plaintiff prove to establish copyright infringement?
Page 11
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