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The Legal Environment of Business Study Set 2
Exam 3: Trials and Resolving Disputes
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Question 41
Multiple Choice
FACT Pattern 3-2 Ellen contracts with James to be her stockbroker, making stock trades for Ellen's account. Ellen need not pre-approve the trades that James makes, only trades for more than $20,000. Ellen and James include a clause stating "that in case of any disputes arising out of this contract; the dispute shall be arbitrated using the rules of the New York Stock Exchange." -Refer to Fact Pattern 3-2.If Ellen and James did mediate this dispute,their mediator:
Question 42
Multiple Choice
At pretrial conferences,judges often encourage:
Question 43
True/False
When a case is taken to an appellate court,the attorneys for the parties must present both written briefs and oral arguments.
Question 44
True/False
The Constitution guarantees a right to a jury trial in criminal cases.
Question 45
Multiple Choice
Ginger attacks Richard and cuts him with a knife.He sues Ginger.The jury awards Richard $50,000 for medical expenses and lost time at work and adds $100,000 to the award because Ginger was so vicious.The $100,000 is called: