Course Business Law I Quiz 1 LEG100 This quiz consist of 20 multiple choice questions and covers the material in chapters 1 through 4. There are five questions from each chapter. Be sure you are in the correct Chapter when you take the quiz. • Question 1 4 out of 4 points The ______ approach recognizes that “business decisions consist of continuous, interrelated economic and moral components.” Answer Selected Answer: Systems Correct Answer: Systems • Question 2 4 out of 4 points The ______ approach to business and society introduced in the text is a descriptive framework that integrates legal and societal considerations with mainstream theories of competitive advantage and social …show more content…
Answer Selected Answer: Constituency Correct Answer: Constituency • Question 8 4 out of 4 points Monica tells all her employees that she expects them to treat others as they would like to be treated. Which of following is a descriptive term for Monica’s requirement? Answer Selected Answer: The Golden Rule Correct Answer: The Golden Rule • Question 9 4 out of 4 points Which of the following is the leading association of CEOs in the United States? Answer Selected Answer: The Business Roundtable Correct Answer: The Business Roundtable • Question 10 4 out of 4 points Which of the following is part of Kant’s categorical imperative? Answer Selected Answer: The form of an action rather than the intended result determines the ethical worth. Correct Answer: The form of an action rather than the intended result determines the ethical worth. • Question 11 0 out of 4 points For diversity purposes, a corporation is deemed a citizen
Pete’s injury is considered a non-criminal matter. I have recently been assigned his lawyer and we are trying to use the alternative dispute resolution (ADR) method or civil litigation route to resolve the legal matters. After reviewing his case, he has sustained injuries from driving his four-wheeled all-terrain vehicle (ATV) when it rolled over on a trail behind his home. Due to his injuries, he has been out of work and has medical expenses. He is suing the manufacturer for the ATV being defective.
In 1816, the 2nd National Bank of the United States was chartered by Congress, establishing a branch in Maryland. In trying to protect local business and claiming the unconstitutional chartering of the National Bank, (?????as a direct response????), the state of Maryland passed legislation to impose a tax on all banks not chartered within the state (the Bank of the United States was the only bank that qualified). However, McCulloch, the cashier of BUS’ Baltimore branch, refused to pay this tax and was sued by the state. McCulloch lost in county court and the decision was reaffirmed by the appellate court.
This quiz consist of 40 multiple choice questions. The first 10 questions cover the material in Chapter 9. The second 10 questions cover the material in Chapter 10. The third 10 questions cover the material in Chapter 12. The last 10 questions cover the material in Chapter 13. Be sure you are in the correct Chapter when you take the quiz.
|Assignment |Complete the Chapter 2 Quiz located on the Materials page of your student website. | |30 |
1. Assume that the state of Ohio passed a hazardous waste statute, seeking to protect the general public and workers. The state statute did not violate the Commerce Clause because it imposed no restriction on interstate commerce. Both the state statute and the federal Occupational Safety and Health Act (OSHA) established job safety standards and specified worker training and employer licensing, but the requirements differed. Which statute(s) Ohio corporations had to obey? Pick the best ANALYSISwer.
| This quiz consist of 40 multiple choice questions. The first 10 questions cover the material in Chapter 4. The second 10 questions cover the material in Chapter 5. The third 10 questions cover the material in Chapter 6. The last 10 questions cover the material in Chapter 8. Be sure you are in the correct Chapter when you take the quiz.
All operations within an organisation must be viable through legislation. Legislation often constrains just how much information an organisation can have and the manner in which it can be used. Legislation exists to protect both employee and employer from unfair conduct. Legislation is a law which has been produced by the government. Legislation exists to authorise access to particular files, to sanction individuals who do not abide by guidelines set, to restrict how much information can be given, etc. For example, employees must have a formally written contract of employment prior to commencing work with a company. It protects employees against unfair dismissal and states that a redundancy pay must be paid if the
To compliment the presentation you developed for criterion P1, you now need to produce a report where you will demonstrate higher-level skills through comparing or finding the similarities and differences between the marketing techniques used by the two organisations.
10. Dan hires Eve to perform at Dan 's Club, but Eve later breaches the agreement to accept a higher-paying job at First Star Arena. Dan files a suit gainst Eve. The court will most likley: award damages to Dan.
The Joint Stock Companies Act 1844, which enabled companies to be formed by "deed of settlement" and the Limited Liability Act 1855, established a general incorporation procedure which offered limited liability to shareholders and gave recognition to the company as a separate legal persona. By the Joint Stock Companies Act 1856, the deed was replaced with today's style of constitution, namely the registration of the Memorandum of Association and the Articles of Association. The contents of these are now regulated under the Companies Act 1985, and form the "constitution" of the company. It is from the original 1844 Act that the wording was adopted for s.14 of the Companies Act 1985 which makes reference to the contractual nature of the
When we refer to the corporate world, what we are referring to is a world that has an abundance of social interaction caused by the drive to expand and maximize profit.There is a large mix of different social groups when you have CEO 's, clients, employee 's and many other people who can be part of a business directly or indirectly. All these different groups of people under the banner of the corporate world are required to present them selves in a certain manner to show professionalism which in turn allows their business to achieve its interests in a respectful manner. These people hold a legal and ethical relationship with certain parties due to the fact that they all entrust each others money (Dictionary.com). Due to the specific existence of the relationships between businesses and law people with much greater responsibility are placed in a fiduciary position to ensure the workers in positions below them perform to the best of their ability (Austin R & Ramsay I, 2012). They take it upon themselves to control the money of all the parties involved, by doing this they are not only executives but consumers who are obliged to use their extensive skills and knowledge in a legal and respectful manner, however having these skills leaves others who are not as skillful and knowledgeable susceptible to being unintentionally exploited. The
In the Law of Contract the phrase “mistake” & “Misrepresentation” is applied when one or both parties of a contract act under a false or mistaken understanding.
UNIVERSITI TUNKU ABDUL RAHMAN ACADEMIC YEAR 2005/2006 DECEMBER EXAMINATION UBML1053 BUSINESS LAW THURSDAY, 15 DECEMBER 2005 TIME: 2.00PM – 4.00PM (2 HOURS)
2. ‘A’ contracts to take in cargo for B at a foreign port. Later, A’s government declares war against the country in which the port is situated. The contract-
An exemption is a clause in a contract that exempts or removes liability from one or both parties in certain circumstances. Exemption clauses are used frequently in business organization contract. These clauses apportion risk between the parties concerned and the law upholds them, assuming the parties negotiated them while drafting the contract