Deck 24: Appendix: Working Within the Legal Environment

Question 1

The language used in statutory law often requires interpretation by the courts.

Answer 1

True

Question 2

Administrative agencies are given the power by Congress to pass rules and regulations within a specific area of authority.

Answer 2

True

Question 3

Appellate courts hear the appeals of decisions made at the trial court level brought by the losing party in the case.

Answer 3

True

Question 4

Businesses today prefer to have the government set the standards for acceptable behavior.

Question 5

The executive branch of the government is responsible for overseeing the legal system.

Question 6

The U.S.court system is organized solely at the federal and state levels.

Question 7

Business law is enforceable by the courts.

Question 8

Statutory law refers to written legislation.

Question 9

Administrative agencies actually have a greater impact on businesses than courts do.

Question 10

The Federal Trade Commission enforces laws and guidelines regarding unfair business practices.

Question 11

Laws regulating marriage and the payment for personal injuries are part of our body of civil law.

Question 12

Criminal law defines crimes,establishes punishments,and includes payment for personal injury.

Question 13

Common law is the body of law established through legislative action by Congress.

Question 14

Business law creates the legal framework for the enforcement of criminal statutes.

Question 15

Laws regulating marriage and personal injury liability are part of our body of criminal law.

Question 16

Trial courts hear cases involving criminal and civil law.

Question 17

Business law refers to a body of regulations that,when enforced,provides a framework within which business may be conducted.

Question 18

Lower courts must abide by the precedents set by higher courts.

Question 19

The government's involvement in governing the behavior of business people seems to be increasing.

Question 20

Common law is based on the precedent of earlier court decisions.

Question 21

Big Buxx National Bank has decided to change its advertising campaign.In the new campaign it will announce that the bank has the lowest bank fees in the country even though it has not done research to discover whether this is,in fact,true.Business law is the framework within which a competitor could take Big Buxx to court in the event its claims are not true.

Question 22

Producers of government approved drugs and chemicals cannot be sued by individuals who develop side effects years later.

Question 23

A public utility commission sets rates that can be charged by various public utilities to prevent unfair pricing by regulated monopolies.These public utility commissions are examples of state administrative agencies.

Question 24

The recent lawsuits against the tobacco industry are examples of tort law.

Question 25

When John Dough was brought to court accused of robbing a bank,he was prosecuted under civil law.

Question 26

Tort law includes product liability cases.

Question 27

(p.A-5 Confusing: although this question says "could be",the text sites cases that conclude that manufacturers would not be liable. )Under the doctrine of product liability,gun manufacturers could be held liable for the costs of police work and medical care brought about by gun violence.

Question 28

Tort law involves criminal acts where victims can be awarded compensation.

Question 29

The Maricopa County Planning Commission is an example of a local administrative agency.It oversees land-use proposals and other long-range issues in Maricopa County,Arizona.

Question 30

The rule of strict product liability holds a firm liable for a defective product only if the firm knowingly placed a hazardous product on the market.

Question 31

Negligence,in tort law,deals with behavior that causes intentional harm or injury.

Question 32

The Federal Trade Commission acts to stop false and deceptive advertising and labeling.

Question 33

Congress prohibited discrimination against people with physical disabilities when they enacted the Americans with Disabilities Act.This is an example of common law.

Question 34

Congress is responsible for passing legislation that is enforced by the judiciary.

Question 35

Public utility commissions are federal agencies.

Question 36

Decisions made by judges in previous cases are an important part of common law.

Question 37

Unintentional behavior that causes harm or injury is an example of a tort.

Question 38

Companies that produced lead-based paint 30 years ago are still subject to the strict product liability provisions of federal tort law.

Question 39

An intentional tort is a willful act that results in injury.

Question 40

The Federal Trade Commission issues and interprets rules and regulations regarding business activities.The Federal Trade Commission is a governmental administrative agency.

Question 41

The Class Action Fairness Act is a first step toward setting limits on the amount of damages for which companies are liable should their products harm consumers.

Question 42

The holder of an exclusive copyright may charge a fee to anyone who wishes to use the copyrighted material.

Question 43

A patent gives inventors exclusive rights to their inventions for 20 years.

Question 44

With today's widespread use of water-based house paint,no paint manufacturer can be sued for damages today that are caused by lead-based paint that may still remain on the surface of some house and apartment walls.

Question 45

A patient injured through the negligence of a health care provider can be awarded compensation through the tort law system.

Question 46

The recording industry's legal action against individuals who download music without paying involves the infringement of a copyright.

Question 47

Ford and General Motors have both been involved in major product liability cases.

Question 48

A patent protects an inventor's right to a product or process.

Question 49

A trademark gives exclusive legal protection to a name,symbol,or design that distinguishes the goods or services of one seller from those of competitors.

Question 50

McDonald's was the subject of a product liability suit charging that its food caused obesity,diabetes,and other health problems in children.

Question 51

A copyright protects an individual's ownership rights to materials such as books,articles,photos,and cartoons,which they created.

Question 52

If in the normal course of a job an employee creates a cartoon,the copyright belongs to the employer.

Question 53

Submarine patents are primarily designed to generate large patent royalties for their owners.

Question 54

If an automobile manufacturer unknowingly sells a defective product that causes an injury,the manufacturer is protected from product liability lawsuits.

Question 55

Recent legislation encourages the use of submarine patents.

Question 56

The American Inventor's Protection Act requires patent applications to be made public after 18 months regardless of whether a patent has been granted.

Question 57

Patent owners are prohibited from selling or licensing their patent rights to others.

Question 58

Copyrights are filed with the Library of Congress and involve large amounts of paperwork.

Question 59

Copyrights can be passed on to the creator's heirs.

Question 60

Unlike a patent,trademarks are not protected from infringement.

Question 61

Congratulations! You've just finished composing a song that will be the next big hit.Your next step is to apply for a patent through the U.S.Patent & Trademark Office.

Question 62

Trademarks generally belong to the owner forever,as long as they are properly registered and renewed every 10 years.

Question 63

Negotiable instruments provide a conditional promise to pay a specified amount of money.

Question 64

A full warranty limits the defects or mechanical problems that are covered in a product.

Question 65

Batteries and tires sold with an express warranty provide the buyer with a guarantee regarding the life of the product.

Question 66

Regulations covering sales,checks,bank deposits and bills of lading are contained in the Uniform Commercial Code.

Question 67

The Nike Swoosh and the McDonald's Golden Arches are examples of corporate trademarks.

Question 68

When a payee signs the back of a check the payee's signature is referred to as an endorsement.

Question 69

A check is an example of a negotiable instrument.

Question 70

Generally a warranty is an important part of a product.

Question 71

When your New Jersey based mail-order computer company sells to a customer in Illinois,the Uniform Commercial Code (UCC)will establish the legal requirements that your firm must follow.

Question 72

Negotiable instruments are forms of commercial paper.

Question 73

John Fielder is a renowned photographer of the Colorado Rocky Mountain region.Each of his works is copyrighted.This means that anyone can use his photos so long as they give Mr.Fielder notice.

Question 74

When Sears agrees to replace or repair your defective treadmill at no charge to you,Sears is fulfilling a full warranty on your treadmill.

Question 75

The Uniform Commercial Code establishes a standardized set of regulations for business transactions in all 50 states.

Question 76

The warranty you receive in the box with a DVD player is an implied warranty.

Question 77

Implied warranties are guarantees legally imposed on the seller.

Question 78

The offer of a 3-year or 36,000-mile warranty by a car dealer on a new vehicle is an example of an implied warranty.

Question 79

A warranty guarantees that the product sold will be acceptable for the purpose for which the buyer intends to use it.

Question 80

The warranty you receive in the box with an iPod is an express warranty.