Question 1

To prove that an act, such as dropping a can of paint onto a homeowner's property, was negligent, the homeowner must demonstrate:

Accepted Answer

A)  that the defendant owed a duty of care to the plaintiff. 
B)  that the defendant breached his/her duty of care. 
C)  that the defendant's breach of duty of care caused injury to the plaintiff or the plaintiff's property. 
D)  all of the above. 
A)  that the defendant owed a duty of care to the plaintiff. 
B)  that the defendant breached his/her duty of care. 
C)  that the defendant's breach of duty of care caused injury to the plaintiff or the plaintiff's property. 
D)  all of the above.

Question 2

If a product sold on the market fails to meet legal standards, the company might be considered to be negligent per se.

Accepted Answer

A) True 
 B)False

Question 3

Constitutional law prohibits and punishes wrongful conduct.

Accepted Answer

A) True 
 B)False

Question 4

Civil law prohibits and punishes wrongful conduct, such as assault and battery, murder, robbery, extortion, and fraud.

Accepted Answer

A) True 
 B)False

Question 5

Complaints of assault and battery fall under a specific type of civil law called _____.

Accepted Answer

A)  slander 
B)  negligence torts 
C)  strict liability torts 
D)  intentional torts 
A)  slander 
B)  negligence torts 
C)  strict liability torts 
D)  intentional torts

Question 6

Organizational law is law pertaining to rules set down by any of the numerous agencies and departments created to administer federal or local law.

Accepted Answer

A) True 
 B)False

Question 7

The median award for damages in civil cases is $90,000.

Accepted Answer

A) True 
 B)False

Question 8

_____ are costs that don't show up as part of the market price for a product.

Accepted Answer

A)  Externalities 
B)  Compensatory damages 
C)  Implied warranties 
D)  Liabilities 
A)  Externalities 
B)  Compensatory damages 
C)  Implied warranties 
D)  Liabilities

Question 9

State and Federal statutes can also be criminal statutes.

Accepted Answer

A) True 
 B)False

Question 10

Intentional torts against economic interests include all of the following except _____.

Accepted Answer

A)  making a false statement of material fact about a business product 
B)  enticing someone to breach a valid contract 
C)  going into business for the sole purpose of taking business from another concern 
D)  all of the above are intentional torts against economic interests 
A)  making a false statement of material fact about a business product 
B)  enticing someone to breach a valid contract 
C)  going into business for the sole purpose of taking business from another concern 
D)  all of the above are intentional torts against economic interests

Question 11

Manufacturer's negligence may take the form of _____.

Accepted Answer

A)  failure to warn 
B)  negligent design 
C)  negligence per se 
D)  all of the above 
A)  failure to warn 
B)  negligent design 
C)  negligence per se 
D)  all of the above

Question 12

If your city or town passes a law, it would be considered a municipal ordinance.

Accepted Answer

A) True 
 B)False

Question 13

Defamation means communicating to a third party information that's harmful to someone's reputation.

Accepted Answer

A) True 
 B)False

Question 14

The good thing about laws is that they can be written to take care of all contingencies that arise during the course of life.

Accepted Answer

A) True 
 B)False

Question 15

Courts typically award punitive damages for breach of contract.

Accepted Answer

A) True 
 B)False

Question 16

In order to sue a manufacturer for negligence, you must prove all of the following elements of negligence EXCEPT:

Accepted Answer

A)  the manufacturer owed you a duty of care. 
B)  the manufacturer's breach of duty of care caused injury to you or your property. 
C)  the manufacturer's action did in fact cause the injury in question. 
D)  that you followed the manufacturer's directions in using the product. 
A)  the manufacturer owed you a duty of care. 
B)  the manufacturer's breach of duty of care caused injury to you or your property. 
C)  the manufacturer's action did in fact cause the injury in question. 
D)  that you followed the manufacturer's directions in using the product.

Question 17

If a case has been adjudicated, then it is pending in court.

Accepted Answer

A) True 
 B)False

Question 18

_____ is a body of enforceable rules and principles of conduct.

Accepted Answer

A)  A statute 
B)  A regulation 
C)  Law 
D)  A code of conduct 
A)  A statute 
B)  A regulation 
C)  Law 
D)  A code of conduct

Question 19

In court, the _____ is the party filing the complaint, while the _____ is the party charged in the complaint.

Accepted Answer

A)  district attorney / criminal 
B)  accuser / accused 
C)  defendant / plaintiff 
D)  plaintiff / defendant 
A)  district attorney / criminal 
B)  accuser / accused 
C)  defendant / plaintiff 
D)  plaintiff / defendant

Question 20

What are the primary goals of tort law and how are these goals achieved

Accepted Answer

The primary goal of tort law is restorin

To prove that an act, such as dropping a can of paint onto a homeowner's property, was negligent, the homeowner must demonstrate:

If a product sold on the market fails to meet legal standards, the company might be considered to be negligent per se.

Constitutional law prohibits and punishes wrongful conduct.

Civil law prohibits and punishes wrongful conduct, such as assault and battery, murder, robbery, extortion, and fraud.

Complaints of assault and battery fall under a specific type of civil law called _____.

Organizational law is law pertaining to rules set down by any of the numerous agencies and departments created to administer federal or local law.

The median award for damages in civil cases is $90,000.

_____ are costs that don't show up as part of the market price for a product.

State and Federal statutes can also be criminal statutes.

Intentional torts against economic interests include all of the following except _____.

Manufacturer's negligence may take the form of _____.

If your city or town passes a law, it would be considered a municipal ordinance.

Defamation means communicating to a third party information that's harmful to someone's reputation.

The good thing about laws is that they can be written to take care of all contingencies that arise during the course of life.

Courts typically award punitive damages for breach of contract.

In order to sue a manufacturer for negligence, you must prove all of the following elements of negligence EXCEPT:

If a case has been adjudicated, then it is pending in court.

_____ is a body of enforceable rules and principles of conduct.

In court, the _ is the party filing the complaint, while the _ is the party charged in the complaint.

What are the primary goals of tort law and how are these goals achieved

The Foundations of Business

Business Ethics and Social Responsibility

Business in a Global Environment

Selecting a Form of Business Ownership

The Challenges of Starting a Business

Managing for Business Success

Recruiting, Motivating, and Keeping Quality Employees

Teamwork and Communications

Marketing: Providing Value to Customers

Product Design and Development

Operations Management in Manufacturing and Service Industries

The Role of Accounting in Business

Managing Financial Resources

Personal Finances

Managing Information and Technology

Filters

Exam 16: The Legal and Regulatory Environment of Business

To prove that an act, such as dropping a can of paint onto a homeowner's property, was negligent, the homeowner must demonstrate:

If a product sold on the market fails to meet legal standards, the company might be considered to be negligent per se.

Constitutional law prohibits and punishes wrongful conduct.

Civil law prohibits and punishes wrongful conduct, such as assault and battery, murder, robbery, extortion, and fraud.

Complaints of assault and battery fall under a specific type of civil law called _____.

Organizational law is law pertaining to rules set down by any of the numerous agencies and departments created to administer federal or local law.

The median award for damages in civil cases is $90,000.

_____ are costs that don't show up as part of the market price for a product.

State and Federal statutes can also be criminal statutes.

Intentional torts against economic interests include all of the following except _____.

Manufacturer's negligence may take the form of _____.

If your city or town passes a law, it would be considered a municipal ordinance.

Defamation means communicating to a third party information that's harmful to someone's reputation.

The good thing about laws is that they can be written to take care of all contingencies that arise during the course of life.

Courts typically award punitive damages for breach of contract.

In order to sue a manufacturer for negligence, you must prove all of the following elements of negligence EXCEPT:

If a case has been adjudicated, then it is pending in court.

_____ is a body of enforceable rules and principles of conduct.

In court, the _____ is the party filing the complaint, while the _____ is the party charged in the complaint.

What are the primary goals of tort law and how are these goals achieved

The Foundations of Business

Business Ethics and Social Responsibility

Business in a Global Environment

Selecting a Form of Business Ownership

The Challenges of Starting a Business

Managing for Business Success

Recruiting, Motivating, and Keeping Quality Employees

Teamwork and Communications

Marketing: Providing Value to Customers

Product Design and Development

Operations Management in Manufacturing and Service Industries

The Role of Accounting in Business

Managing Financial Resources

Personal Finances

Managing Information and Technology

Filters

In court, the _ is the party filing the complaint, while the _ is the party charged in the complaint.