Bus 415 Final Exam Quiz Answers

BUS 415 Final Exam Quiz Answers

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1) The form of alternative dispute resolution wherein the parties hire someone to review the evidence and make a decision that is binding upon the parties is called



2) The Federal Trade Commission is an example of



3) A corporation is considered a citizen of what state?

 


4) The Federal False Claims Act is also known as



5) Utilitarianism is a moral theory, which states



6) Which of the following statements is true?



7) If a defendant files a motion for summary judgment in a civil case, what is the defendant saying?



8) A defendant fails to answer a civil lawsuit, what is likely to happen?



9) The legal authority of a court to make orders that are binding upon the parties is called

 


 10) Harry Hoosier, an Indiana resident, drives his family to Florida for spring vacation. When he is at a red light, Freddie Floridian, a Florida resident, is unable to stop in time and his vehicle impacts Harry’s car from the rear. No one is hurt and Harry’s vehicle suffers approximately $10,000 in damages. Which is correct?



11) Monica owed Bob $500 for a business investment, which was more than a year overdue. Bob got drunk at a party and told everyone that Monica had owed him $500 for over a year. Can Monica recover from Bob for defamation?

 


12) What is the definition of a tort?



13) Pete and Vicky make the following agreement: Pete promises he will go into a store, buy something for $5, and pay for it with a $100 bill on which he has written “Happy Birthday Vicky!” Vicky promises that after Pete collects his change and leaves the store, she will go into the same store, buy something that costs $5, and pay with a $10 bill. When the clerk attempts to give her change for $10, Vicky will claim that the $100 bill that is in the cash register was money she just received for her birthday, and will...