Question 1

The legal system consists of the institutions and processes that actually enforce our rules and principles.

Accepted Answer

A) True 
 B)False

Question 2

According to California law, someone caught littering can be fined up to $1000 and sentenced to perform 8 hours of community service.

Accepted Answer

A) True 
 B)False

Question 3

Under the doctrine of strict liability in tort, you don't have to prove negligence on the manufacturer's part.

Accepted Answer

A) True 
 B)False

Question 4

Litigation takes an average of 6 months from the time a complaint is filed until a judgment is rendered.

Accepted Answer

A) True 
 B)False

Question 5

Because the U.S. legal system is very fair, innocent parties are never forced to bear the cost of defending themselves in court.

Accepted Answer

A) True 
 B)False

Question 6

Liability in civil cases must be established by proof beyond a reasonable doubt.

Accepted Answer

A) True 
 B)False

Question 7

In curbing smoking, businesses are not motivated strictly by civic responsibility. Workplace smoking increases employer costs in all of the following ways except:

Accepted Answer

A)  smokers are absent from work 50 percent more often than nonsmokers. 
B)  smokers have twice as many accidents. 
C)  turnover by smokers is 20% higher than for nonsmokers. 
D)  smoke-free firms often pay 25 percent to 35 percent less for health and fire insurance. 
A)  smokers are absent from work 50 percent more often than nonsmokers. 
B)  smokers have twice as many accidents. 
C)  turnover by smokers is 20% higher than for nonsmokers. 
D)  smoke-free firms often pay 25 percent to 35 percent less for health and fire insurance.

Question 8

Punishment in a tort case includes fines, imprisonment, or both.

Accepted Answer

A) True 
 B)False

Question 9

_____ is the principle by which government legitimately exercises its authority only in accordance with publicly declared laws that are adopted and enforced according to established procedure.

Accepted Answer

A)  Fairness doctrine 
B)  Rule of law 
C)  Predictability 
D)  Equal treatment 
A)  Fairness doctrine 
B)  Rule of law 
C)  Predictability 
D)  Equal treatment

Question 10

The concept of strict liability supports the plaintiff's right to pursue claims against members of the manufacturer's distribution chain.

Accepted Answer

A) True 
 B)False

Question 11

In premises liability laws, there's a subcategory called "slipandfall" laws because slipping and falling are at the heart of so many premisesliability lawsuits.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is NOT a theory of recovery in a product liability claim

Accepted Answer

A)  Negligence 
B)  Strict liability 
C)  Breach of warranty 
D)  Poor recommendation 
A)  Negligence 
B)  Strict liability 
C)  Breach of warranty 
D)  Poor recommendation

Question 13

A misdemeanor is a crime that's not "inherently evil" but that is nevertheless prohibited by society.

Accepted Answer

A) True 
 B)False

Question 14

The most common type of damages sought by plaintiffs are called _____.

Accepted Answer

A)  punitive damages 
B)  compensatory damages 
C)  breach of contract 
D)  pain and suffering 
A)  punitive damages 
B)  compensatory damages 
C)  breach of contract 
D)  pain and suffering

Question 15

The punishment in tort cases is the monetary compensation that the court orders the defendant to pay the plaintiff.

Accepted Answer

A) True 
 B)False

Question 16

OSHA is an acronym for which of the following

Accepted Answer

A)  On-the-job Safety and Health Administration 
B)  Occupational Safety and Health Administration 
C)  Occupation Safety and Hospital Administration 
D)  Occupational Security and Health Administration 
A)  On-the-job Safety and Health Administration 
B)  Occupational Safety and Health Administration 
C)  Occupation Safety and Hospital Administration 
D)  Occupational Security and Health Administration

Question 17

A negligence tort results not from intentional wrongdoing, but from carelessness.

Accepted Answer

A) True 
 B)False

Question 18

If you direct outrageous conduct at someone and that person suffers extreme emotional pain as a result, you may be held liable for intentional infliction of emotional distress.

Accepted Answer

A) True 
 B)False

Question 19

_____ is(are) often placed on items and activities with which people may harm themselves, those around them, or the general environment.

Accepted Answer

A)  Negative externalities 
B)  Mala prohibita 
C)  Judicial review 
D)  Excise tax 
A)  Negative externalities 
B)  Mala prohibita 
C)  Judicial review 
D)  Excise tax

Question 20

Implied warranties arise automatically when there is a transaction.

Accepted Answer

A) True 
 B)False

The legal system consists of the institutions and processes that actually enforce our rules and principles.

According to California law, someone caught littering can be fined up to $1000 and sentenced to perform 8 hours of community service.

Under the doctrine of strict liability in tort, you don't have to prove negligence on the manufacturer's part.

Litigation takes an average of 6 months from the time a complaint is filed until a judgment is rendered.

Because the U.S. legal system is very fair, innocent parties are never forced to bear the cost of defending themselves in court.

Liability in civil cases must be established by proof beyond a reasonable doubt.

In curbing smoking, businesses are not motivated strictly by civic responsibility. Workplace smoking increases employer costs in all of the following ways except:

Punishment in a tort case includes fines, imprisonment, or both.

_____ is the principle by which government legitimately exercises its authority only in accordance with publicly declared laws that are adopted and enforced according to established procedure.

The concept of strict liability supports the plaintiff's right to pursue claims against members of the manufacturer's distribution chain.

In premises liability laws, there's a subcategory called "slipandfall" laws because slipping and falling are at the heart of so many premisesliability lawsuits.

Which of the following is NOT a theory of recovery in a product liability claim

A misdemeanor is a crime that's not "inherently evil" but that is nevertheless prohibited by society.

The most common type of damages sought by plaintiffs are called _____.

The punishment in tort cases is the monetary compensation that the court orders the defendant to pay the plaintiff.

OSHA is an acronym for which of the following

A negligence tort results not from intentional wrongdoing, but from carelessness.

If you direct outrageous conduct at someone and that person suffers extreme emotional pain as a result, you may be held liable for intentional infliction of emotional distress.

_____ is(are) often placed on items and activities with which people may harm themselves, those around them, or the general environment.

Implied warranties arise automatically when there is a transaction.

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

The legal system consists of the institutions and processes that actually enforce our rules and principles.

According to California law, someone caught littering can be fined up to $1000 and sentenced to perform 8 hours of community service.

Under the doctrine of strict liability in tort, you don't have to prove negligence on the manufacturer's part.

Litigation takes an average of 6 months from the time a complaint is filed until a judgment is rendered.

Because the U.S. legal system is very fair, innocent parties are never forced to bear the cost of defending themselves in court.

Liability in civil cases must be established by proof beyond a reasonable doubt.

In curbing smoking, businesses are not motivated strictly by civic responsibility. Workplace smoking increases employer costs in all of the following ways except:

Punishment in a tort case includes fines, imprisonment, or both.

_____ is the principle by which government legitimately exercises its authority only in accordance with publicly declared laws that are adopted and enforced according to established procedure.

The concept of strict liability supports the plaintiff's right to pursue claims against members of the manufacturer's distribution chain.

In premises liability laws, there's a subcategory called "slipandfall" laws because slipping and falling are at the heart of so many premisesliability lawsuits.

Which of the following is NOT a theory of recovery in a product liability claim

A misdemeanor is a crime that's not "inherently evil" but that is nevertheless prohibited by society.

The most common type of damages sought by plaintiffs are called _____.

The punishment in tort cases is the monetary compensation that the court orders the defendant to pay the plaintiff.

OSHA is an acronym for which of the following

A negligence tort results not from intentional wrongdoing, but from carelessness.

If you direct outrageous conduct at someone and that person suffers extreme emotional pain as a result, you may be held liable for intentional infliction of emotional distress.

_____ is(are) often placed on items and activities with which people may harm themselves, those around them, or the general environment.

Implied warranties arise automatically when there is a transaction.

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