BUSI 561 – Liberty University Quiz 1 Week 2
Question 1
3 out of 3 points
Because of the law, we rely on the goodwill and dependability of one another.
Selected
Answer:
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Question 2
3 out of 3 points
Legislative acts passed by the U.S. Congress can be found in ______.
Selected
Answer: the United States Code
Question 3
3 out of 3 points
What do business laws protect?
Selected
Answer: All contracts, employment decisions, and payments to suppliers
Question 4
3 out of 3 points
In which school of jurisprudence is the concept of stare decisis rooted?
Selected
Answer: The Historical school
Question 5
3 out of 3 points
In 2011, Tyson Foods was charged with conspiracy and violation of the Foreign
Corrupt Practice Act for:
Selected
Answer: Bribing Mexican officials
Question 6
3 out of 3 points
A business decision can be legal but unethical.
Selected
Answer:
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Question 7
3 out of 3 points
Positive abstractions that capture one's sense of what is good and desirable are:
Selected
Answer: Values
Question 8
3 out of 3 points
Business ethics:
Selected
Answer: Refers to a standard of business conduct and can improve business
decisions
Question 9
3 out of 3 points
What is a summary jury trial?
Selected
Answer: An abbreviated trial that leads to a nonbinding jury verdict.
Question 10
3 out of 3 points
Billy, a witness to a motor vehicle accident, is gravely ill with cancer. Pat, who was
injured in the accident, would like to preserve his testimony for trial in case he dies
before the trial date. What should Pat do?
Selected
Answer: Take Billy's deposition.
Question 11
3 out of 3 points
Which of the following is needed for diversity-of-citizenship?
Selected
Answer: Both that the plaintiff and the defendant reside in different states and
that the controversy concerns an amount in excess of $75,000.
Question 12
3 out of 3 points
A court acquires in personam jurisdiction over the plaintiff when:
Selected
Answer: Plaintiff files a lawsuit with the court.
Question 13
3 out of 3 points
If a law prevents individuals from exercising a fundamental right, the law will be
subject to _____.
Selected
Answer: strict scrutiny
Question 14
3 out of 3 points
What does the Fifth Amendment's takings clause reference?
Selected
Answer: The requirement that the government pay the owner just
compensation if the government wants to take private property for
public use.
Question 15
3 out of 3 points
The courts have held that Congress has the authority to pass The Americans with
Disabilities Act according the commerce clause.
Selected
Answer:
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Question 16
3 out of 3 points
Insurance. Susan, a trained nurse, was recently elected to the U.S. Senate. Susan
is very concerned about the lack of insurance for many children and also working
adults who cannot afford the insurance premiums. She proposes legislation that
states are taxed sufficiently to provide health insurance coverage to children and
that federal funds for state highways are denied to any state that does not also
provide insurance coverage for uninsured adults. She also proposed that states with
citizens earning higher than average incomes be taxed at a higher rate than other
states. Bill, a senator, tells Susan that Congress lacks the authority to tax in this
manner because the U.S. Constitution expressly reserves that right to the states.
Ellen, another senator, tells Susan that Congress has no authority to link highway
funds or any other funds with social welfare objectives. Sam, an administrative
assistant, tells Susan that Congress is prohibited from taxing residents of one state
at a higher rate than citizens of another state. Which of the following is true
regarding Bill's statement?
Selected
Answer: He is incorrect. The U.S. Constitution contains no such reservation.
Question 17
3 out of 3 points
A violation of a building code is an example of which of the following offenses?
Selected
Answer: Petty offenses.
Question 18
3 out of 3 points
The Foreign Corrupt Practices Act prohibits foreign officials from entering the U.S. to
conduct illegal business.
Selected
Answer:
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Question 19
3 out of 3 points
Which of the following is punishable by imprisonment for more than one year or
death?
Selected
Answer: Felony.
Question 20
3 out of 3 points
Divorce Fallout. Dr. Fred, following a messy divorce, has encountered significant
financial difficulties. Dr. Fred has a friend named Slick Slim who tells Dr. Fred that
he has been making lots of money by selling people a wristband that allegedly
