In the case Labaj v. VanHouten, a business was found liable because it was foreseeable that a guard dog might injure a person it did not know. This illustrates:
In the case Labaj v. VanHouten, a business was found liable because it was foreseeable that a guard dog might injure a person it did not know. This illustrates:
Negligence
Strict liability
False imprisonment
That guard dogs are considered to be wild animals
Question 2
Congress’s authority to make laws prohibiting discrimination in employment comes from the:
Common law
Due Process Clause
Commerce Clause
First Amendment
Question 3
The federal law known as RICO was originally intended to deal with what type of crime?
Organized crime
Insider trading
Robbery
Conspiracy
Question 4
The federal trial court is called the:
Federal Circuit Court
Court of Claims
Federal Trial Court
U.S. District Court
Question 5
Which of the following legal traditions puts the most emphasis on written codes:
Civil law
Common law
Local law
English law
Question 6
Justin is a famous professional athlete. The Daily News publishes a story which discloses that Justin gave syphilis to his ex-girlfriend, which he did. If Justin sues the Daily News for defamation, he will probably
win, because this would injure his reputation.
win, because this has nothing to do with his status as an athlete.
lose, because he has no damages.
lose, because the statement was true.
Question 7
If a state enacted a law that made it illegal to sing the national anthem of other countries, such a law would violate the ______ of the U.S. Constitution.
Commerce Clause
First Amendment
Due Process Clause
Equal Protection Clause
Question 8
1 / 1 pts
If Jennifer discovers her father has written a new will which does not include her as a beneficiary, and Jennifer adds her name to the will, she will be committing the crime of:
Extortion
Larceny
False pretenses
Forgery
Question 9
Most U.S. law is derived from:
The Civil law tradition
International law
Tribal customs
The Common
Question 10
According to the text, which of the following is the “supreme law of the land?”
Rulings of the Supreme Court
The U.S. Constitution
The State statutory law
The law enacted by Congress
BUS311 Business Law
Week 2 Quiz
Question 1
Seller agrees to supply all the gasoline Buyer needs for the next year at $3.00 per gallon. After three months, the price of gas falls to $2.33 per gallon. Buyer refuses to keep buying from Seller unless Seller lowers the price. Seller agrees. Two months later, the average price for gas goes up to $3.50 per gallon. Seller asks Buyer to agree to a price raise, but Buyer refuses. Which of the following is true?
Buyer must pay $3.00 per gallon for the rest of the year.
Buyer must pay $2.33 per gallon for the rest of the year.
Buyer must pay $3.50 per gallon for the rest of the year.
Seller can legally refuse to supply Buyer with any more gasoline for the rest of the year.
Question 2
Merlin posts his car for sale. Breanna calls and leaves a voicemail, saying, “Hey, I definitely want to buy your car! I’ll pick it up tomorrow, okay?” Which of the following best describes the situation?
There is a contract, because Breanna has accepted the offer.
There is no contract, because Breanna did not use a proper form of acceptance.
There is no contract, because Breanna made a counteroffer.
There is no contract, because Merlin never made an offer.
Question 3
Unlike the common law, the UCC provides that a merchant’s firm offer cannot be revoked if it
All of these
gives assurance it will be held open.
is in a signed document.
is made by a merchant.
Question 4
Alison contracts to sell “50 bushels of tomatoes grown in my garden” to Flora’s Café. Alison’s garden is wiped out by a hailstorm. The contract is
discharged due to impossibility.
discharged due to commercial impracticability.
discharged due to frustration of purpose.
not discharged.
Question 5
Beta Inc. offers to buy 25 screwdrivers from Industrial Hardware for $75. Industrial responds, “We have the screwdrivers you wish to purchase, but the price is $80.” Beta replies, “No, we can find them cheaper somewhere else.” Industrial now responds, “We accept your offer of 25 screwdrivers for $75.” Do they have a contract?
No, Industrial’s counteroffer terminated Beta’s offer.
No, Beta never made an offer since shipment terms were not included.
Yes, Beta made a firm offer.
Yes, Industrial was merely attempting to negotiate.
Question 6
Delta Inc. offers to sell Omega Corp. a packaging machine. Omega responds “We’ll take it but only if there is a six-month warranty.” Which of the following is true?
There is a contract, and Omega has a six-month warranty.
There is a contract, but Omega does not have a six-month warranty.
There is a contract unless the warranty term is a material change.
There is no contract.
Question 7
Under the UCC, a court is most likely to find a contract is unconscionable and should be voided if
the terms are grossly unfair.
the parties do not have equal bargaining power.
the parties are both merchants.
Two of these
All of these
Question 8
Alpha orders 100 Grade A widgets from Beta. Beta does not have any Grade A widgets in stock, so it ships Alpha 100 Grade B widgets instead. Which of the following is true?
Beta has made a counteroffer.
Beta has accepted Alpha’s offer.
Beta has breached.
Two of these
Question 9
By letter, Martine offers to landscape Harry’s yard for $500. Harry thinks that is too much, and on Monday he mails a rejection. However, on Tuesday Harry realizes Martine was giving him a good deal, so he mails an acceptance. Martine however changed her mind about the job on Wednesday, and mailed a revocation, which Harry receives on Thursday. On Friday, Martine receives Harry’s acceptance. On Saturday, she receives his rejection. Which best describes the situation?
There is a contract; Harry accepted on Tuesday.
There is a contract; Harry accepted on Friday.
There is no contract; the offer terminated on Monday.
There is no contract, the offer terminated on Thursday.
Question 10
If an offeree attempts to add different terms in an acceptance, which conflict with what the offeror stated
the terms cancel each other out.
the offeror’s terms govern the contract.
the offeree’s terms govern the contract.
the offeree’s terms govern the contract unless the offeror objects.
BUS311 Business Law
Week 3 Quiz
Question 1
The U.S. has laws that prevent an employer from terminating employees without due cause.
True
False
Question 2
An employer has a duty to indemnify, or compensate an employee for any losses suffered as a result of authorized legal acts that the employee performs under the employment agreement.
True
False
Question 3
The U.S. Constitution protects private sector employees through provisions for equal protection and due process.
True
False
Question 4
Among other things, the Fair Labor Standards Act of 1938 regulates minimum wage hours worked and overtime, employees’ breaks and child labor.
True
False
Question 5
Without authority, Christina contracts on behalf of Lawrence, to buy Valeria’s car for $3,000. Which of the following is true?
Lawrence will be liable unless he tells Valeria immediately that Christina was not his agent.
Valeria could withdraw from the contract without liability.
Lawrence could ratify if he does so before Valeria withdraws.
Two of these
Question 6
A fiduciary relationship is where one owes another a very high standard of loyalty and care, including the duty to look out for the other’s best interest and the duty to give notice of anything the other might reasonably wish to know.
True
False
Question 7
Mariel hires Andrew as manager of her sporting goods store. Nothing is said to Andrew about hiring other employees, but the store is understaffed, so Andrew hires two clerks. Andrew has what type of authority to hire the clerks?
Actual authority
Apparent authority
Ratified authority
No authority
Question 8
Under Title IV of the 1964 Civil Rights Act
the Catholic Church is required to ordain women for the priesthood.
You Answered
True
False
Question 9
Petra appoints Alexander as her real estate agent to help her buy a house. Harry appoints Alexander as his agent to help sell Harry’s house. Alexander thinks Petra would like Harry’s house, and would be willing to pay Harry’s asking price. Which of the following may Alexander lawfully do?
Arrange the sale after full disclosure to both Petra and Harry
Arrange the sale after telling Petra about his prior relationship with Harry
Arrange the sale after telling Harry about his prior relationship with Petra
None of these; Alexander cannot represent either party in this situation.
Question 10
Federal employment law does NOT protect against discrimination based on:
Sexual orientation
Religion
Age
Mental illness
BUS311 Business Law
Week 4 Quiz
Question 1
Jake moves into an empty house. The owner lives down the block, and sees Jake coming and going periodically. Before Jake moved in, the house was often vandalized, but Jake seems to be taking care of it. After 20 years, the law declares Jake to be the owner of the property. This is an example of:
An implied tenancy
Adverse possession
An easement
Accession
Question 2
Personal property is defined as
portable property.
property which is attached to land.
property which is owned by an individual.
property which is fixed in an object.
Question 3
Which of the following is NOT involved in doing business on behalf of the corporation?
Promoters
Officers
Correct!
Shareholders
Directors
Question 4
A partnership generally is required to
have a written partnership agreement.
pay federal tax.
file articles of partnership with the state.
have two or more partners.
Question 5
Which of the following does NOT have the advantage of single taxation?
LLCs
Sole proprietorships
Partnerships
Corporations
Question 6
Mark, Matt, and Janina have a partnership. Which of the following will dissolve it?
Matt commits a tort within the scope of partnership business.
Without authority from her partners, Janina contracts to have the partnership offices completely redecorated.
Vernon is added as a partner.
Matt is in a car accident and paralyzed from the neck down.
Question 7
Which of the following has NOT been a criticism of the Supreme Court’s decision in Citizens United v. Federal Election Commission?
All persons’ rights are not identical.
It allowed too much anonymity in money spent to influence campaigns.
It allowed corporations to play too major a role in political campaigns.
It overly restricted freedom of speech.
Question 8
If you find a diamond bracelet on the public sidewalk, you are most likely to be able to keep the bracelet if it is:
Abandoned property
Lost property
Any of these: Finders keepers
Mislaid property
Question 9
Attorneys Arianna and Alexander share an office that has a sign reading: “A & A, a law firm.” Their billing invoices have both their names on them, and they deposit their earnings and cover the rent from the same account. They do not share profits or have any agreement to be partners. Dexter, a client of Arianna’s for the past two years, sues both Arianna and Alexander, alleging that Arianna committed malpractice. If Dexter wins in court and is awarded $50,000 in damages, who is liable to him?
Only Alexander
Either Arianna or Alexander, but not both
Both Arianna and Alexander
Only Arianna
Question 10
Brian is the 99% shareholder, president, and director of Arapine Corp. He frequently uses the corporation credit card for his personal expenses. If Arapine is insolvent and unable to pay its debts, and the corporation’s creditors sue Brian personally, what is the likely result?
Brian will not be liable.
Brian is liable because he is a 99% shareholder.
Brian is liable if he, as president, made the contracts with the creditors.
Brian is liable because the court will pierce the corporate veil
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