Question 1

An employee who picks up inventory tools from his office with the intent to deprive the owners of the property is an example of larceny.

Accepted Answer

A) True 
 B)False  True

Question 2

The offering of money, entertainment, or anything of value constitutes a bribe.

Accepted Answer

A) True 
 B)False  True

Question 3

According to law, confusion of source can be proved to be a tort only when actual confusion is shown.

Accepted Answer

A) True 
 B)False  False

Question 4

The Racketeer Influenced and Corrupt Organizations Act includes civil sanctions as well as criminal ones.

Accepted Answer

A) True 
 B)False

Question 5

Using a business computer to play games constitutes computer trespass.

Accepted Answer

A) True 
 B)False

Question 6

The Racketeer Influenced and Corrupt Organizations Act provides for the recovery of three times the damages suffered by an injured party as a result of its violation.

Accepted Answer

A) True 
 B)False

Question 7

To establish the offense of criminal copyright infringement, a prosecutor needs to prove that the infringement was done for non-financial gain.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following best defines the tort of interference of contract?

Accepted Answer

A)  It occurs when the documents submitted by a party for entering into a contract are found to contain falsified information. 
B)  It occurs when one of the parties involved in a business relationship withdraws from the contract before the end of the contract period. 
C)  It refers to two parties involved in a business relationship who bring in another party to become a part of the existing business. 
D)  It occurs when a government agency helps establish the contractual terms of an agreement between two or more private vendors. 
A)  It occurs when the documents submitted by a party for entering into a contract are found to contain falsified information. 
B)  It occurs when one of the parties involved in a business relationship withdraws from the contract before the end of the contract period. 
C)  It refers to two parties involved in a business relationship who bring in another party to become a part of the existing business. 
D)  It occurs when a government agency helps establish the contractual terms of an agreement between two or more private vendors.

Question 9

Payments made to speed up the performance of routine governmental actions are treated as bribes by the Foreign Corrupt Practices Act.

Accepted Answer

A) True 
 B)False

Question 10

In a situation where an injured party in an accident is partly to blame for the accident, which of the following is most likely to be true under a contributory negligence system?

Accepted Answer

A)  The injured party cannot recover any damages because it is partially negligent in the case. 
B)  The injured party can recover damages only if his fault in causing the accident is 49% or less. 
C)  The plaintiff can claim for three times the damage if the defendant is the only one at fault. 
D)  The injured party cannot claim damages unless the defendant consents to it. 
A)  The injured party cannot recover any damages because it is partially negligent in the case. 
B)  The injured party can recover damages only if his fault in causing the accident is 49% or less. 
C)  The plaintiff can claim for three times the damage if the defendant is the only one at fault. 
D)  The injured party cannot claim damages unless the defendant consents to it.

Question 11

For an act to be established as a tort of injurious falsehood, the false statements of fact must be communicated by the defendant to a third person.

Accepted Answer

A) True 
 B)False

Question 12

On investigation, it was found that Ken, the bookkeeper at CL Corp., had stolen money from the company's account and recorded financial transactions inaccurately to cover up for his activities. For which of the following business crimes can Ken be prosecuted?

Accepted Answer

A)  Larceny 
B)  Perjury 
C)  Embezzlement 
D)  Shoplifting 
A)  Larceny 
B)  Perjury 
C)  Embezzlement 
D)  Shoplifting

Question 13

To recover for a tort based on negligence, the plaintiff must show:

Accepted Answer

A)  an intention to cause the consequences of the act. 
B)  a duty of the plaintiff to the tortfeasor. 
C)  an act by the defendant. 
D)  the breach of the tortfeasor's duty to the injured party. 
A)  an intention to cause the consequences of the act. 
B)  a duty of the plaintiff to the tortfeasor. 
C)  an act by the defendant. 
D)  the breach of the tortfeasor's duty to the injured party.

Question 14

Which of the following is true of the Racketeer Influenced and Corrupt Organizations Act?

Accepted Answer

A)  It requires the defendant to have been convicted in order to file a RICO case. 
B)  It provides the recovery of half the damage suffered as a result of the RICO violation. 
C)  It is easier to win a criminal RICO case than a civil one. 
D)  It prevents the infiltration of legitimate businesses by organized crime. 
A)  It requires the defendant to have been convicted in order to file a RICO case. 
B)  It provides the recovery of half the damage suffered as a result of the RICO violation. 
C)  It is easier to win a criminal RICO case than a civil one. 
D)  It prevents the infiltration of legitimate businesses by organized crime.

Question 15

Debarment refers to:

Accepted Answer

A)  the prohibition on doing business with the government. 
B)  the payment of any profits received as a result of fraudulent payments. 
C)  employees being disallowed by companies to be reimbursed. 
D)  employees being restricted from sharing confidential company information with outsiders. 
A)  the prohibition on doing business with the government. 
B)  the payment of any profits received as a result of fraudulent payments. 
C)  employees being disallowed by companies to be reimbursed. 
D)  employees being restricted from sharing confidential company information with outsiders.

Question 16

The tort of product liability is also known as trade libel.

Accepted Answer

A) True 
 B)False

Question 17

To recover damages for an intentional tort, the plaintiff is required to prove that there was a breach of duty by the tortfeasor to the plaintiff.

Accepted Answer

A) True 
 B)False

Question 18

The tort of injurious falsehood occurs when:

Accepted Answer

A)  there is an unauthorized use of another's mark or name. 
B)  a person makes false statements of fact that degrade the quality of  another's goods or services. 
C)  a person attempts to tarnish a trademark by using it on low-quality goods. 
D)  a consumer is injured through the use of a product due to negligence on the part of the product's manufacturer. 
A)  there is an unauthorized use of another's mark or name. 
B)  a person makes false statements of fact that degrade the quality of  another's goods or services. 
C)  a person attempts to tarnish a trademark by using it on low-quality goods. 
D)  a consumer is injured through the use of a product due to negligence on the part of the product's manufacturer.

Question 19

Define a computer crime. What are the three types of computer crimes? List the various ways in which computer fraud can be committed.

Accepted Answer

Crimes committed with the aid of a compu

Question 20

Which of the following is most likely to be a tort based on negligence?

Accepted Answer

A)  Assault 
B)  Battery 
C)  Commercial disparagement 
D)  Automobile accidents 
A)  Assault 
B)  Battery 
C)  Commercial disparagement 
D)  Automobile accidents

Exam 3: Business Torts and Crimes

An employee who picks up inventory tools from his office with the intent to deprive the owners of the property is an example of larceny.

The offering of money, entertainment, or anything of value constitutes a bribe.

According to law, confusion of source can be proved to be a tort only when actual confusion is shown.

The Racketeer Influenced and Corrupt Organizations Act includes civil sanctions as well as criminal ones.

Using a business computer to play games constitutes computer trespass.

The Racketeer Influenced and Corrupt Organizations Act provides for the recovery of three times the damages suffered by an injured party as a result of its violation.

To establish the offense of criminal copyright infringement, a prosecutor needs to prove that the infringement was done for non-financial gain.

Which of the following best defines the tort of interference of contract?

Payments made to speed up the performance of routine governmental actions are treated as bribes by the Foreign Corrupt Practices Act.

In a situation where an injured party in an accident is partly to blame for the accident, which of the following is most likely to be true under a contributory negligence system?

For an act to be established as a tort of injurious falsehood, the false statements of fact must be communicated by the defendant to a third person.

On investigation, it was found that Ken, the bookkeeper at CL Corp., had stolen money from the company's account and recorded financial transactions inaccurately to cover up for his activities. For which of the following business crimes can Ken be prosecuted?

To recover for a tort based on negligence, the plaintiff must show:

Which of the following is true of the Racketeer Influenced and Corrupt Organizations Act?

Debarment refers to:

The tort of product liability is also known as trade libel.

To recover damages for an intentional tort, the plaintiff is required to prove that there was a breach of duty by the tortfeasor to the plaintiff.

The tort of injurious falsehood occurs when:

Define a computer crime. What are the three types of computer crimes? List the various ways in which computer fraud can be committed.

Which of the following is most likely to be a tort based on negligence?

Introduction to Law

Courts and Court Procedure

Government Regulation of Business

Nature and Classes of Contracts

Offer and Acceptance

Capacity to Contract

Consideration

Defective Agreements

Illegal Agreements

Written Contracts

Third Parties and Contracts

Termination of Contracts

Nature of Personal Property

Special Bailments

Sales of Personal Property

Formalities of a Sale

Transfer of Title and Risk in Sales Con

Warranties, Product Liability, and Cons

Nature of Negotiable Instruments

Essentials of Negotiability

Promissory Notes and Drafts

Negotiation and Discharge

Liabilities of Parties and Holders in Due Course

Defenses

Nature and Creation of an Agency

Operation and Termination of an Agency

Employer and Employee Relations

Employees Rights

Labor Legislation

Introduction to Business Organization

Creation and Operation of a Partnership

Dissolution of a Partnership

Nature of a Corporation

Ownership of a Corporation

Management and Dissolution of a Corpora

Principles of Insurance

Types of Insurance

Security Devices

Bankruptcy

Nature of Real Property

Transfer of Real Property

Real Estate Mortgages

Landlord and Tenant

Wills, Inheritances, and Trusts

Filters