Question 1

Generally, an employee can take family leave to care for which of the following?

Accepted Answer

A)  A newborn baby 
B)  A newly adopted child 
C)  A foster child just placed in the employee's care 
D)  All of these choices are correct. 
A)  A newborn baby 
B)  A newly adopted child 
C)  A foster child just placed in the employee's care 
D)  All of these choices are correct. D

Question 2

Erica and Melanie set up a partnership. Which of the following statements is true?

Accepted Answer

A)  Erica and Melanie must live in the same state. 
B)  Erica and Melanie share jointly in the firm's profits. 
C)  Erica and Melanie are not personally liable for all the debts of the firm. 
D)  None of these choices is correct. 
A)  Erica and Melanie must live in the same state. 
B)  Erica and Melanie share jointly in the firm's profits. 
C)  Erica and Melanie are not personally liable for all the debts of the firm. 
D)  None of these choices is correct. B

Question 3

Payments to shareholders representing their share of corporate profits are called

Accepted Answer

A)  dividends. 
B)  corporate payments. 
C)  stock interests. 
D)  stock payments. 
A)  dividends. 
B)  corporate payments. 
C)  stock interests. 
D)  stock payments. A

Question 4

A privately owned corporation is called a _______corporation.

Accepted Answer

A)  private 
B)  limited 
C)  closely held 
D)  family 
A)  private 
B)  limited 
C)  closely held 
D)  family

Question 5

Steve works for ToughConstruction, Inc. Every day he is assigned to carrying heavy loads of bricks by hand. Other employees get to move bricks with a forklift. Steve finally quits his job. He could claim that he was

Accepted Answer

A)  constructively discharged. 
B)  unfairly discharged. 
C)  illegally discharged. 
D)  unfairly asked to leave. 
A)  constructively discharged. 
B)  unfairly discharged. 
C)  illegally discharged. 
D)  unfairly asked to leave.

Question 6

A sole proprietor's business profits are

Accepted Answer

A)  not taxed. 
B)  taxed at the highest possible business rate. 
C)  taxed as personal income. 
D)  taxed as business income. 
A)  not taxed. 
B)  taxed at the highest possible business rate. 
C)  taxed as personal income. 
D)  taxed as business income.

Question 7

There are more than_____ sole proprietorships in the United States.

Accepted Answer

A)  twenty million 
B)  fifty million 
C)  sixty million 
D)  sixty-five million 
A)  twenty million 
B)  fifty million 
C)  sixty million 
D)  sixty-five million

Question 8

About_____ of the sole proprietorships in the United States earn more than $1 million per year.

Accepted Answer

A)  1 percent 
B)  10 percent 
C)  50 percent 
D)  75 percent 
A)  1 percent 
B)  10 percent 
C)  50 percent 
D)  75 percent

Question 9

Which of the following is not something a paralegal might do?

Accepted Answer

A)  Assist in litigation relating to a corporation or other form of business 
B)  Assist in the dissolution of a partnership or corporation 
C)  Review or prepare documents relating to the sale of corporate securities 
D)  None of these choices is correct. 
A)  Assist in litigation relating to a corporation or other form of business 
B)  Assist in the dissolution of a partnership or corporation 
C)  Review or prepare documents relating to the sale of corporate securities 
D)  None of these choices is correct.

Question 10

A partnership is based on a(n)_______ between two or more competent persons who agree to place some or all of their money or other assets, labor, and skill in a business, with the understanding that profits and losses will be proportionately shared.

Accepted Answer

A)  mandatory contract 
B)  involuntary arrangement 
C)  voluntary contract 
D)  None of these choices is correct. 
A)  mandatory contract 
B)  involuntary arrangement 
C)  voluntary contract 
D)  None of these choices is correct.

Question 11

Describe the different classifications of corporations.

Accepted Answer

How a corporation is classified depends

Question 12

Bob drives a florist delivery van for Forget-Me-Not Flowers, Inc., a retail florist chain. Forget-Me-Not Flowers, Inc. owns the trucks and provides Bob with a delivery schedule and the arrangements to deliver. Bob is most likely a(n)

Accepted Answer

A)  principal. 
B)  employee. 
C)  independent contractor. 
D)  partner. 
A)  principal. 
B)  employee. 
C)  independent contractor. 
D)  partner.

Question 13

The hiring or granting of job promotions or other benefits in return for sexual favors, or language or conduct that is so sexually offensive that it creates a hostile working environment, is called

Accepted Answer

A)  employment discrimination. 
B)  disparate-treatment discrimination. 
C)  disparate-impact discrimination. 
D)  sexual harassment. 
A)  employment discrimination. 
B)  disparate-treatment discrimination. 
C)  disparate-impact discrimination. 
D)  sexual harassment.

Question 14

Which of the following is a corporation whose shares are eligible to be publicly traded in securities markets, such as the New York Stock Exchange?

Accepted Answer

A)  Public corporation 
B)  Publicly held corporation 
C)  Closely held corporation 
D)  Private corporation 
A)  Public corporation 
B)  Publicly held corporation 
C)  Closely held corporation 
D)  Private corporation

Question 15

Which of the following is an advantage of a sole proprietorship?

Accepted Answer

A)  The sole proprietorship continues upon the death of the owner. 
B)  The sole proprietor is entitled to all of the profits of the firm. 
C)  The sole proprietor is personally liable for all debts and obligations of the firm. 
D)  The sole proprietor is dependent on loans made by lending institutions and others for capital expansion. 
A)  The sole proprietorship continues upon the death of the owner. 
B)  The sole proprietor is entitled to all of the profits of the firm. 
C)  The sole proprietor is personally liable for all debts and obligations of the firm. 
D)  The sole proprietor is dependent on loans made by lending institutions and others for capital expansion.

Question 16

In partnership law, partners incur______ liability for partnership obligations and debts.

Accepted Answer

A)  limited 
B)  joint 
C)  sole 
D)  vicarious 
A)  limited 
B)  joint 
C)  sole 
D)  vicarious

Question 17

Jane is in a partnership. Which of the following statements is true?

Accepted Answer

A)  Jane must give forty-eight hours' notice before withdrawing from the partnership. 
B)  Jane must give two weeks' notice before withdrawing from the partnership. 
C)  Jane may withdraw at any time from the partnership. 
D)  Jane may never withdraw from the partnership. 
A)  Jane must give forty-eight hours' notice before withdrawing from the partnership. 
B)  Jane must give two weeks' notice before withdrawing from the partnership. 
C)  Jane may withdraw at any time from the partnership. 
D)  Jane may never withdraw from the partnership.

Question 18

Which of the following is a traditional form of business organization?

Accepted Answer

A)  Sole proprietorship 
B)  Partnership 
C)  Corporation 
D)  All of these choices are correct. 
A)  Sole proprietorship 
B)  Partnership 
C)  Corporation 
D)  All of these choices are correct.

Question 19

Alison, the assistant manager at a local fast-food restaurant, promises Billy, an hourly employee, a substantial raise in exchange for sexual favors. This is an example of which type of harassment?

Accepted Answer

A)  Hostile-environment harassment 
B)  Quid pro quo harassment 
C)  Disparate-treatment harassment 
D)  Disparate-impact harassment 
A)  Hostile-environment harassment 
B)  Quid pro quo harassment 
C)  Disparate-treatment harassment 
D)  Disparate-impact harassment

Question 20

Which of the following is true regarding independent contractors?

Accepted Answer

A)  They are always agents. 
B)  They are always principals. 
C)  They may or may not be agents. 
D)  They are employees. 
A)  They are always agents. 
B)  They are always principals. 
C)  They may or may not be agents. 
D)  They are employees.

Generally, an employee can take family leave to care for which of the following?

Erica and Melanie set up a partnership. Which of the following statements is true?

Payments to shareholders representing their share of corporate profits are called

A privately owned corporation is called a _______corporation.

Steve works for ToughConstruction, Inc. Every day he is assigned to carrying heavy loads of bricks by hand. Other employees get to move bricks with a forklift. Steve finally quits his job. He could claim that he was

A sole proprietor's business profits are

There are more than_____ sole proprietorships in the United States.

About_____ of the sole proprietorships in the United States earn more than $1 million per year.

Which of the following is not something a paralegal might do?

A partnership is based on a(n)_______ between two or more competent persons who agree to place some or all of their money or other assets, labor, and skill in a business, with the understanding that profits and losses will be proportionately shared.

Describe the different classifications of corporations.

Bob drives a florist delivery van for Forget-Me-Not Flowers, Inc., a retail florist chain. Forget-Me-Not Flowers, Inc. owns the trucks and provides Bob with a delivery schedule and the arrangements to deliver. Bob is most likely a(n)

The hiring or granting of job promotions or other benefits in return for sexual favors, or language or conduct that is so sexually offensive that it creates a hostile working environment, is called

Which of the following is a corporation whose shares are eligible to be publicly traded in securities markets, such as the New York Stock Exchange?

Which of the following is an advantage of a sole proprietorship?

In partnership law, partners incur______ liability for partnership obligations and debts.

Jane is in a partnership. Which of the following statements is true?

Which of the following is a traditional form of business organization?

Alison, the assistant manager at a local fast-food restaurant, promises Billy, an hourly employee, a substantial raise in exchange for sexual favors. This is an example of which type of harassment?

Which of the following is true regarding independent contractors?

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Exam 18: Business Organizations and Employment Law

Generally, an employee can take family leave to care for which of the following?

Erica and Melanie set up a partnership. Which of the following statements is true?

Payments to shareholders representing their share of corporate profits are called

A privately owned corporation is called a _______corporation.

Steve works for ToughConstruction, Inc. Every day he is assigned to carrying heavy loads of bricks by hand. Other employees get to move bricks with a forklift. Steve finally quits his job. He could claim that he was

A sole proprietor's business profits are

There are more than_____ sole proprietorships in the United States.

About_____ of the sole proprietorships in the United States earn more than $1 million per year.

Which of the following is not something a paralegal might do?

A partnership is based on a(n)_______ between two or more competent persons who agree to place some or all of their money or other assets, labor, and skill in a business, with the understanding that profits and losses will be proportionately shared.

Describe the different classifications of corporations.

Bob drives a florist delivery van for Forget-Me-Not Flowers, Inc., a retail florist chain. Forget-Me-Not Flowers, Inc. owns the trucks and provides Bob with a delivery schedule and the arrangements to deliver. Bob is most likely a(n)

The hiring or granting of job promotions or other benefits in return for sexual favors, or language or conduct that is so sexually offensive that it creates a hostile working environment, is called

Which of the following is a corporation whose shares are eligible to be publicly traded in securities markets, such as the New York Stock Exchange?

Which of the following is an advantage of a sole proprietorship?

In partnership law, partners incur______ liability for partnership obligations and debts.

Jane is in a partnership. Which of the following statements is true?

Which of the following is a traditional form of business organization?

Alison, the assistant manager at a local fast-food restaurant, promises Billy, an hourly employee, a substantial raise in exchange for sexual favors. This is an example of which type of harassment?

Which of the following is true regarding independent contractors?

Todays Professional Paralegal

Career Opportunities

The Inner Workings of the Law Office

Ethics and Professional Responsibility

Sources of American Law

The Court System and Alternative Dispute Resolution

Legal Research and Analysis

Online Legal Research

Legal Writing: Form and Substance

Civil Litigation: Before the Trial

Conducting Interviews and Investigations

Trial Procedures

Criminal Law and Procedures

Tort Law, Product Liability,

Contracts and Intellectual Property Law

Real Property and Insurance Law

Family Law and Estates

Bankruptcy and Environmental Law

Filters