Business Law
Exam Bank
Course Introduction
Business Law introduces students to the fundamental principles and frameworks that govern the legal aspects of business activities. The course covers topics such as contract law, agency, sales, negotiable instruments, business organizations, property law, and the regulatory environment. Through real-world case studies and practical examples, students learn how legal rules affect business decision-making, how to identify and mitigate legal risks, and how to operate within the law in both national and international business contexts. This foundational understanding prepares students to navigate legal issues and ethical dilemmas in their future professional careers.
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) Describe the difference between the law and ethics.
Answer: Law provides for a set of rules for behavior. When these rules are broken, behavior is punishable. On the other hand, ethics presents a menu of options, perhaps disconnected from laws. Laws are "what a person must do," and ethics addresses "what a person should do."
Q2) Discuss the similarities and differences between a traditional corporation and a benefit corporation.
Answer: Both types of corporations are incorporated under state law with a purpose to be profitable. Both submit annual reports to shareholders. Directors of both types of corporations have a responsibility to adequately consider shareholder financial interest and shareholders can bring a traditional action against directors for failing to do so. Benefit corporations differ from traditional corporations in that they are intended to make a profit through conducting business in a "socially and environmentally responsible way." B corporations focus on profit, people and planet. Unlike traditional corporations that are allowed to form for any lawful purpose, benefit corporations are required to have a purpose of "creating public benefit."
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3
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) Under the legal doctrine of "employment at will" an employee can be lawfully terminated from her job for:
I. wearing a shirt that clashes with her suit
II. any non-discriminatory reason
III. complaining about illegal activity in the workplace
IV. only for good cause
A) I only
B) II only
C) c. I and II
D) d. III and IV
Answer: C
Q2) The National Labor Relations Board has stated that the right to discuss working conditions freely and without fear of retaliation should exist at the work site. However, the Board believes the same right does not exist online.
A)True
B)False
Answer: False
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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) Name the two main factors that most courts use in determining whether or not electronic monitoring of employees is an invasion of privacy.
Answer: (1) The obnoxiousness of the means to intrude. In other words, is the method used a deviation from the normal, accepted means of discovering relevant information and (2) the reasons for intruding.
Q2) According to the article excerpted in the text entitled, The Functions of Privacy, by Alan Westin, privacy has several functions in today's society. These include:
A) Total freedom in the private life with no consequences to the work life.
B) The ability to vent anger at authority without being held responsible.
C) The ability to post critical information on the Internet without consequences at work.
D) The ability to spend time quietly analyzing the actions and reactions of other people.
Answer: B
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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) In order to be covered by the ADA (Americans with Disabilities Act), a disability must be ongoing and permanent for the foreseeable future.
A)True
B)False
Q2) What must a plaintiff show to make a prima facie case of hostile environment sexual harassment?
Q3) 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
Q4) Employment practices without business justification applied to all employees that result in a less favorable effect for one group than for another group may state a claim for:
A) disparate treatment
B) disparate impact
C) inclusion
D) reasonable accommodation
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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) According to Dr. Michael Silverstein, what are the types of risks workers find on the job today?
Q3) Almost all of the hazards that workers face are known and visible.
A)True
B)False
Q4) Explain how worker's compensation in the U.S. works.
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) The power of eminent domain requires the government to provide just compensation to a property owner when taking private property for public purposes. Discuss your thoughts on whether the following should be considered "public purposes."
a. The government taking private property to transfer to a private company for development of a strip mall.
b. The government taking private property to build a highway.
c. The government taking private property to expand an airport.
Q3) According to Alice Kaswan, environmental justice has had:
A) an extreme impact on environmental law
B) a significant impact on environmental law
C) a modest impact on environmental law
D) no impact on environmental law
Q4) What is environmental justice? What started the movement in the United States?
Page 8
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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) The Lanham Act:
I. Focuses on trademark registration and protection.
II. Was passed in reaction to the Great Depression.
III. Gives competitors the right to sue for false claims a rival company makes about the competitor's product.
IV. Does not allow a company to sue for false claims a rival company makes about their own products.
A) I & II only
B) II & III only
C) I, I and III only
D) I, II III, and IV
Q2) Obesity in children has continued to rise since 1976 and approximately ¾ of all teens and youth are overweight.
A)True
B)False
Q3) Discuss how the fast food industry's response to the obesity epidemic in children has changed since the publication of the Surgeon General's report.
Q4) Discuss some of the ways the FTC has curbed online marketing efforts.
Q5) What forms can deceptive advertising claims take?
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Chapter 8: Allocating Risk and Responsibilities in the Global
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15 Verified Questions
15 Flashcards
Source URL: https://quizplus.com/quiz/3131
Sample Questions
Q1) What are punitive damages?
Q2) Discuss Sugarman's "Performance-based regulation." Is this a viable means to create safer products or is it unnecessary government interference?
Q3) Explain the features of Section 402A of the Restatement of Torts (Second).
Q4) Absent provisions in the contract, which of the following types of damage can be awarded to an injured party under a breach of contract?
A) General damages only
B) General and incidental damages only
C) General, incidental, and special damages only
D) General, incidental, special and punitive damages
Q5) The Ford Pinto exploded when rear-ended by another vehicle. The Pinto suffered from a(an):
A) Design Defect
B) Manufacturing Defect
C) Warning Defect
D) End-user Defect
Q6) What did the Food Safety Modernization Act (FSMA) do? Has it accomplished what it should have? Why or why not?
Page 10
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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) Trade secrets are registered just like trademarks.
A)True
B)False
Q2) Debora Halbert asserts in her essay that:
A) women have benefited greatly from intellectual property laws.
B) intellectual property has historically benefited men more than women.
C) in the nineteenth century, writing poetry and novels enabled women to not only express themselves intellectually but to reap financial rewards as well.
D) when women knitted or quilted, they were reluctant to share their patterns with other women.
Q3) If an author owns a copyright to a non-fiction essay, then publishes that essay in an anthology of similar essays published by a major publishing company, the rights involved in this relationship would be referred to as ______.
A) collective work
B) public domain
C) collective bargaining
D) joint domain
Q4) Why was the Digital Millennium Copyright Act passed?
Q5) What must a plaintiff prove to establish copyright infringement?
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