Legal Aspects of Business Decision Making Exam
Review
Course Introduction
Legal Aspects of Business Decision Making explores the fundamental principles of law that influence and govern business conduct. This course examines topics such as contracts, torts, agency, employment law, intellectual property, and regulatory compliance, emphasizing how legal considerations affect managerial decisions. Students will learn to identify legal risks, analyze the implications of regulatory environments, and apply legal reasoning to make informed business choices. Real-world case studies and practical scenarios provide a foundation for understanding how law shapes business strategies and operations, equipping students with the skills needed to navigate complex legal landscapes in the business world.
Recommended Textbook Law and Ethics in the Business Environment 8th Edition by Terry Halbert
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9 Chapters
148 Verified Questions
148 Flashcards
Source URL: https://quizplus.com/study-set/212 Page 2
Chapter 1: Law, Ethics, Business: An Introduction
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21 Verified Questions
21 Flashcards
Source URL: https://quizplus.com/quiz/3124
Sample Questions
Q1) Virtue ethics:
A) focuses on what human beings are capable of being.
B) develop from learning how to make choices in difficult situations.
C) accepts that individuals rarely reach moral excellence.
D) are based on the concept that a person's ethical beliefs are developed in childhood and do not change.
Answer: A
Q2) Which of the following statements best illustrates the view of "utilitarianism"?
I. From each according to his abilities, to each according to his needs.
II. The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension.
III. An action is right when maximizing welfare and total well-being.
IV. Individuals should pursue his or her own self-interest, even at the expense of others.
A) I only
B) III only
C) I and II
D) I, II, and III
Answer: B
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Chapter 2: The Duty of Loyalty: Whistleblowing
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15 Verified Questions
15 Flashcards
Source URL: https://quizplus.com/quiz/3125
Sample Questions
Q1) How was Ken Kendrick of The Peanut Corporation of America a typical whistleblower? An atypical whistleblower?
Answer: Mr. Kendrick's was a typical whistleblower because he tried to resolve the issue internally with his manager and the CEO. He was an atypical whistleblower because he next tried to deal with the problems anonymously and then left the company without doing anything more until a salmonella outbreak at a different PCA plant. Second, although he realizes that he did the right thing, he sees himself as more of a "prison snitch" than a whistleblower.
Q2) According to the Montana Wrongful Discharge from Employment Act, what are the three elements of a wrongful discharge?
Answer: (1) It was in retaliation for the employee's refusal to violate public policy or for reporting such violation.
(2) The employee had completed the employment probationary period and the discharge was not for good cause.
(3) The employer violated the express provisions of its own written personal policy.
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Chapter 3: Privacy and Technology
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20 Verified Questions
20 Flashcards
Source URL: https://quizplus.com/quiz/3126
Sample Questions
Q1) It is perfectly legal for employers to secretly and intrusively spy on their employees.
A)True
B)False
Answer: True
Q2) Since a corporation is a "person" in the eyes of the law, a corporation's constitutional right to privacy is identical to a natural person's rights.
A)True
B)False
Answer: False
Q3) A majority of states have enacted off-the-job privacy protection laws. What is the LEAST effective argument by an employer to regulate off-the-clock activities in a state that has not enacted such lifestyle rights legislation?
A) It will provide a healthy work force.
B) Unregulated employees are less productive.
C) There is no invasion of privacy since the employee is "at will."
D) It will prevent higher health care and insurance costs.
Answer: C
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Page 5
Chapter 4: Valuing Diversity: Stereotyping v Inclusion
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15 Verified Questions
15 Flashcards
Source URL: https://quizplus.com/quiz/3127
Sample Questions
Q1) John Smith was assaulted on the loading dock by a coworker, Jim Jones, at the Acme Widget Company. The attack was unprovoked by Smith. After the physical assault, there was an angry verbal exchange between the parties. The incident ended when Jones yelled that Smith was a "sissy" and "everybody knows you're queer as a three dollar bill." Which of the following statements best describes the outcome of the harassment lawsuit filed by Smith under The Civil Right Act of 1964?
I. Sex discrimination is prohibited by federal law (The Civil Right Act of 1964).
II. Sexual orientation discrimination is prohibited by federal law (The Civil Right Act of 1964).
III. Suits based on harassment due to sexual orientation cannot prevail when based on local or state laws.
IV. Sexual orientation discrimination is not prohibited by federal law (Title VII).
A) I only
B) II only
C) III only
D) I and IV
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Chapter 5: Workers Rights as Human Rights: Health and Safety
in the Global Workplace
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15 Verified Questions
15 Flashcards
Source URL: https://quizplus.com/quiz/3128
Sample Questions
Q1) According to Guy Mundlak and Issi Rosen-Zvi, hypotheses for the existence of CSR reports include:
I. They have instrumental value to governments.
II. They are a focal point for persuading the corporate world that a new ethical discourse is emerging.
III. They are created to persuade competitors to adopt similar measures and standards of responsibility.
IV. They are created in an attempt to persuade managers and employees that they should be proud of their workplace.
A) III and IV only
B) I, II and III only
C) II, III and IV only
D) I, II, III and IV
Q2) OSHA has a wide range of tools available to address the risks that workers face.
A)True
B)False
Q3) According to Henry Shue, what are the six factors required to make a cost a true harm?
Q4) Discuss how corporate criminal liability has been handled by OSHA since 1970.
Page 7
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Chapter 6: Environmental Law and Justice: Responsibility and
Survival
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16 Verified Questions
16 Flashcards
Source URL: https://quizplus.com/quiz/3129
Sample Questions
Q1) 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
Q2) 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
Q3) Discuss the obligations of human beings to Mother Earth according to the universal declaration of rights of Mother Earth.
Q4) According to John Locke, the purpose of government is to institute restraints to protect property rights.
A)True
B)False
Q5) Explain the Crisis of Agrobiodiversity as explained by Carmen G. Gonzalez.
Q6) Explain how the tradeable permit plan works.
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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/3130
Sample Questions
Q1) What forms can deceptive advertising claims take?
Q2) Direct-to-consumer advertising of prescription drugs began in the late 1980's to early 1990's. Based on the information in the Norplant case in the text, discuss the reasons why it should or should not be allowed.
Q3) Obesity in children has continued to rise since 1976 and approximately ¾ of all teens and youth are overweight.
A)True
B)False
Q4) Discuss the standards of the Creative Code of the American Associate of Advertising Agencies.
Q5) Citizens have always been afforded freedom of speech after the ratification of the U.S. Constitution.
A)True
B)False
Q6) In the case of R.J. Reynolds Tobacco Company, et al. v. FDA, what was the majority opinion regarding the First Amendment and the graphic warning requirements?
Q7) What is the Lanham Act? To succeed in suit under the Lanham Act, what must a plaintiff prove?
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Chapter 8: Allocating Risk and Responsibilities in the Global Marketplace:
Products Liability
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15 Verified Questions
15 Flashcards
Source URL: https://quizplus.com/quiz/3131
Sample Questions
Q1) The Food and Drug Administration, the Consumer Product Safety Commission and the National Highway Transportation Safety Association are
A) Cabinet departments within the Executive Branch
B) Subcommittees of the Senate and House of Representatives within the Legislative Branch
C) Judicially created organizations to implement Supreme Court mandates related to product safety.
D) Independent agencies that report to no branch of government.
Q2) Explain how injured parties can recover damages under the UCC.
Q3) Explain the features of Section 402A of the Restatement of Torts (Second).
Q4) The organization that works with companies on recalls of unsafe products (such as lead-paint laden Thomas the Train toys) is
A) The Consumer Protection Group (CPG)
B) The Consumer Product Safety Commission (CPSC)
C) The Product Protection People (P3)
D) The Buy American Coalition (BAC)
Q5) What did the Food Safety Modernization Act (FSMA) do? Has it accomplished what it should have? Why or why not?
Q6) 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
Source URL: https://quizplus.com/quiz/3132
Sample Questions
Q1) In order to obtain a patent under U.S. Patent Law, an inventor must have an invention that is
I. Not obvious
II. Unique
III. Useful
IV. Not a modification of any prior patents
A) I only
B) I and II
C) I, II and III
D) I, II, III and IV
Q2) Nike's swoosh, McDonald's arches, and the Xerox name are all identifiable trademarks. Which of the following laws protect(s) them?
I. Lanham Trademark Act of 1946
II. Federal Trademark Dilution Revision Act of 2006
III. Sonny Bono Act of 1998
A) I only
B) II only
C) I and II
D) II and III
Q3) Discuss how intellectual property is different from other kinds of property.
Page 11
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