LAW 310 Final Exam Complete Solution Questions

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LAW 310 Final Exam Complete Solution Questions

LAW 310 Final Exam needs answering

1.     (TCO 1) According to Virtue Ethics, the key to good ethics lies in (Points : 3)

  1. Consequences.
  2. Character.
  3. Duty.
  4. Utility.

2.      (TCO 1) Corporations (Points : 3)

  1. Cannot lawfully give campaign donations directly to candidates for federal office.
  2. Cannot lawfully solicit campaign donations from employees.
  3. Cannot establish political action committees.
  4. Cannot segregate employee donations from corporate funds.

3.      (TCO 2) A 2009 survey of 5,400 companies showed which of the following to be the second-most common form of economic crime? (Points : 3)

  1. Computer fraud
  2. Identity theft
  3. Embezzlement
  4. Accounting fraud
  1.  (TCO 1) Venue concerns (Points : 3)
  1. jurisdictional authority.
  2. standing to sue.
  3. The proper geographic location for the case.
  4. All of the above
  1.  (TCO 1) The First Amendment establishes (Points : 3)
  1. Freedom of religion.
  2. Freedom of speech.
  3. Freedom of peaceable assembly.
  4. All of the above
  1.  (TCO 5) UCC contracts involve (Points : 3)
  1. Voidable contracts.
  2. Express contracts.
  3. Quasi contracts.
  4. Contracts for the sale of goods.
  1.  (TCO 3) Duty to the defendant, breach of that duty, and resulting injury are essential elements of (Points : 3)
  1. intentional torts.
  2. defamation.
  3. causation.
  4. negligence.
  1.  (TCO 8) The majority of business entities are (Points : 3)
  1. sole proprietorships.
  2. partnerships.
  3. corporations.
  4. limited liability partnerships.
  1.  (TCO 5) In contract law, indirect foreseeable losses are recovered as (Points : 3)
  1. consequential damages.
  2. compensatory damages.
  3. incidental damages.
  4. nominal damages.
  1.  (TCO 3) Defective product claims fall into which of the following categories? (Points : 3)
  1. Manufacturing defects
  2. Inadequate warnings
  3. Design defects
  4. All of the above
  1.  (TCO 10) Brown, who was fired by XYZ Industries, applies for a job with Weston Industries. After he submits his application, he tells a friend: "I hope they don't see my file from XYZ. A fellow worker charged me with sexual harassment and the record of the investigation is in my file. Nothing was proved against me." The friend, who knows Janet, the HR person at Weston, tells her the story about Brown saying he was charged with sexual harassment, but forgets to tell her nothing was proved. Based on what the friend tells her, Janet decides not to hire Brown. Brown sues XYZ for defamation. How will the case be decided against XYZ? (Points : 5)
  1. Brown will win because his reputation was harmed.
  2. Brown will win because the statement was published to a third party.
  3. Brown will lose because the statement is true.
  4. Brown will lose because XYZ did not publish the statement.
  1.  (TCO 10) A female Chinese employer fired two white male employees; the workers sued, claiming race and gender discrimination. (Points : 5)
  1. The workers are covered under the 1964 Civil Rights Act.
  2. The workers are not covered under the 1964 Civil Rights Act.
  3. Only females are protected from gender discrimination.
  4. Only nonwhite employees are protected from race discrimination.
  1.  (TCO 4) Which of the following gives a covenant of title? (Points : 5)
  1. A quitclaim deed
  2. A warranty deed
  3. A leasehold
  4. Both A and B
  1.  (TCO 10) Unless there are specific statutory exceptions to the at-will rule, an employee can be fired (Points : 5)
  1. for good reasons.
  2. for bad reasons.
  3. for no reason at all.
  4. All of the above
  1.  (TCO 11) Which of the following is (are) representative of the focus of agency authority? (Points : 5)
  1. Control of supply
  2. Control of rates
  3. Control of conduct
  4. All of the above
  1.  (TCO 8) When faced with a tender offer, the first duty of the management and directors of the target company is (Points : 5)
  1. to protect the CEO.
  2. to protect the best interest of the shareholders.
  3. to refuse the offer.
  4. to mount a proxy fight.
  1.  (TCO 6) The Sherman Anti-Trust Act forbids which of the following activities? (Points : 5)
  1. Restraint of trade only
  2. Monopolization only
  3. Restraint of trade and monopolization
  4. Competitive behavior
  1.  (TCO 6) Which of the following represent(s) the virtue of mergers? (Points : 5)
  1. Power is concentrated.
  2. Large companies can influence political affairs.
  3. Merger movements could be triggered.
  4. Mergers mat produce efficiencies such as economy of scale.
  1.  (TCO 9) In addition to the likelihood of causing substantial injury to consumers, an unfair and deceptive business practice must also (Points : 5)
  1. not be outweighed by countervailing benefits to consumers.
  2. be advertised by puffery.
  3. result in unfair competition.
  4. be on a list of deceptive practices maintained by the FTC.
  1.  (TCO 11) The Dodd Frank Act expressly expanded the definition of creditor as it is used in the Truth in Lending Act to  (Points : 5)
  1. mortgage originators.
  2. car rental agencies.
  3. credit card companies.
  4. commercial banks.
  1.  (TCO 11) Under the provisions of the CARD Act (Credit Card Accountability, Responsibility, and Disclosure Act) lenders are barred from which of the following? (Points : 5)
  1. Issuing cards to those under 21 unless a parent is a co-signer
  2. Offering a tangible item as a gift to induce application for a credit card
  3. Charging interest on bills paid on time
  4. All of the above
  1.  (TCO 9) An Environmental Impact Statement (EIS) is required by (Points : 5)
  1. only federal construction projects.
  2. major private-sector construction projects supported by federal funding.
  3. all construction projects.
  4. all private sector projects, regardless of funding.
  1.  (TCO 7) Those who install Internet tracking tools that are able to collect data from your Web searches, visits to vendors, use of social media, and the like (Points : 5)
  1. must provide an opt-out feature, to allow you to refuse tracking.
  2. must provide an opt-in feature, to allow you to permit tracking.
  3. are not required to provide either an opt-out or opt-in feature.
  4. are illegal.
  1.  (TCO 7) Copyright (Points : 5)
  1. is available only for books and journals.
  2. is available for a variety of intellectual creation, including such things as databases and software.
  3. covers virtually all material which can be accessed online.
  4. Both B and C



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