Question 1

Gabe owns Hazard Landfill, a toxic waste dump that must be cleaned up. Ethical questions arise, with respect to the clean up, because

Accepted Answer

A)  everyone knows the cost. 
B)  no one knows the cost. 
C)  only Gabe knows the cost. 
D)  only the Environmental Protection Agency knows the cost. 
A)  everyone knows the cost. 
B)  no one knows the cost. 
C)  only Gabe knows the cost. 
D)  only the Environmental Protection Agency knows the cost. B

Question 2

Spreadeagle, Inc., is a publicly held company. Spreadeagle's executives include Tybalt, who serves as the firm's chief financial officer. The Sarbanes-Oxley Act of 2002 provided for the establishment and appointment of a federal Public Company Accounting Oversight Board (PCAOB). The PCAOB was created to

Accepted Answer

A)  set and police auditing standards for publicly held companies. 
B)  oversee presidential appointees to federal accounting positions. 
C)  regulate the salaries of public company executives and others. 
D)  issue a revised set of international financial reporting standards. 
A)  set and police auditing standards for publicly held companies. 
B)  oversee presidential appointees to federal accounting positions. 
C)  regulate the salaries of public company executives and others. 
D)  issue a revised set of international financial reporting standards. A

Question 3

Thai Pizza Corporation is a restaurant chain with twenty locations. Under federal law, Thai Pizza must post

Accepted Answer

A)  the caloric content of the foods on the chain's menu. 
B)  the recipes for the dishes on the chain's standard menu. 
C)  the chain's recommendations for the healthiest selections. 
D)  none of the choices. 
A)  the caloric content of the foods on the chain's menu. 
B)  the recipes for the dishes on the chain's standard menu. 
C)  the chain's recommendations for the healthiest selections. 
D)  none of the choices. A

Question 4

Pinpoint Marketing, Inc. (PMI), a credit-reporting agency, sells data about consumers to merchants and others. Consumers have some recourse if PMI

Accepted Answer

A)  realizes a profit from the sales. 
B)  sells data about consumers who request to be "blacklisted." 
C)  does not report the data accurately. 
D)  does not tell consumers when the data is sold. 
A)  realizes a profit from the sales. 
B)  sells data about consumers who request to be "blacklisted." 
C)  does not report the data accurately. 
D)  does not tell consumers when the data is sold.

Question 5

DrugCo, Inc., makes and markets Evenflo, a prescription drug. Food and Drug Administration (FDA) rules require ads for prescription drugs to disclose all of the potential negative side effects. Display ads on the Web are not amenable to such lists. Thus to comply with FDA rules, on the Web DrugCo should run

Accepted Answer

A)  a general, disease-related search ad. 
B)  an ad for Evenflo without a list of side effects. 
C)  a tweet. 
D)  no ads. 
A)  a general, disease-related search ad. 
B)  an ad for Evenflo without a list of side effects. 
C)  a tweet. 
D)  no ads.

Exam 61: for Unit Nine

Gabe owns Hazard Landfill, a toxic waste dump that must be cleaned up. Ethical questions arise, with respect to the clean up, because

Thai Pizza Corporation is a restaurant chain with twenty locations. Under federal law, Thai Pizza must post

Pinpoint Marketing, Inc. (PMI), a credit-reporting agency, sells data about consumers to merchants and others. Consumers have some recourse if PMI

Introduction to Law and Legal Reasoning

Courts and Alternative Dispute Resolution

Court Procedures

Constitutional Authority to Regulate Business

Ethics and Business Decision Making

Intentional Torts and Privacy

Negligence and Strict Liability

Intellectual Property and Internet Law

Criminal Law and Cyber Crime

Nature and Terminology

Agreement in Traditional and E-Contracts

Consideration

Capacity and Legality

Mistakes, Fraud, and Voluntary Consent

The Statute of Frauds

Third Party Rights

Performance and Discharge

Breach of Contract and Remedies

The Formation of Sales and Lease Contracts

Title, Risk, and Insurable Interest

Performance Breach of Sales Lease Contracts

Warranties and Product Liability

International Law in a Global Economy

The Function Creation of Negotiable Instruments

Transferability and Holder in Due Course

Liability, Defenses, and Discharge

Checks and Banking in the Digital Age

Creditors Rights and Remedies

Secured Transactions

Bankruptcy Law

Mortgages Foreclosures After the Recession

Agency Formation and Duties

Agency Liability and Termination

Employment, Immigration, and Labor Law

Employment Discrimination

Sole Proprietorships and Franchises

Partnerships and Limited Liability Partnerships

Limited Liability Companies Special Business Forms

Corporate Formation and Financing

Corporate Directors, Officers, Shareholders

Corporate Merger, Consolidation, Termination

Securities Law Corporate Governance

Law for Small Business

Administrative Law

Consumer Law

Environmental Law

Antitrust Law

Professional Liaility and Accountability

Personal Property and Bailments

Real Property Landlord-Tenant Relationships

Insurance

Wills and Trusts

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