BUL 3310 EXAM 1 2024/ FSU BAILEY 324 QUESTIONS &
CORRECT VERIFIED ANSWERS /NEWEST VERSION 2024 -
2025/ALREADY GRADED A+
Tort law is a subset of private law that seeks to compensate the injured party for the loss caused by the actions of another.True
False RIGHT ANS:->>> True
Res judicata is best defined as RIGHT ANS:->>> A controversy that has been litigated and forever settled between the parties
Today, scholars argue the role of the corporation is to maximize the return on investment of shareholders.True
False RIGHT ANS:->>> False
Deductive reasoning requires one to-
RIGHT ANS:->>> use major and minor premises to draw logical
conclusions
It is the function of a grand jury to determine the guilt or innocence of a defendant in a capital case.True
False RIGHT ANS:->>> False
Big Corporation (BC) is an American business incorporated in the State of Delaware. Its principal place of business is in New Jersey. Franklin lives in New 1 / 4
York. For purposes of diversity of citizenship, Big Corporation is a citizen of
RIGHT ANS:->>> Both Delaware and New Jersey
Sue failed to file an answer or respond in any way to a complaint and summons. The court will enter a motion to dismiss against her.True
False RIGHT ANS:->>> False
The first of the pleadings in a civil case is filed by the plaintiff and contains the allegations he is making against the defendant. This document is called
the. RIGHT ANS:->>> Complaint
Most of the powers of the federal government enumerated in the Constitution are powers shared with the states.True
False RIGHT ANS:->>> False
The powers of the federal government are limited to those enumerated in the Constitution
True
False RIGHT ANS:->>> True
Selling alcohol to a minor is an example of a strict liability crime. True 2 / 4
False RIGHT ANS:->>> True
For misdemeanors, the government brings charges against the accused in a
(n) . RIGHT ANS:->>> Information
Bob's Beer and Booze Barn classfies a clerk as a "managerial assistant" and assigns menial supervisory duties to this employee, that do not meet the department of labor (DOL) standards, to avoid paying overtime wages. Bob "knows" the clerk will not be aware that these new supervisory duties do not meet the requirements of the DOL and does not expect the department of labor will look into the classification if the clerk does not contest their status with the
DOL. This practice is:
RIGHT ANS:->>> -Unethical and contrary to the spirit of the employment laws -Unethical and contrary to the letter of the employment laws
Fat Frank's Pies falsified federally mandated tests on his "all natural no calorie" "Fat Pies" to introduce a new type of weight-loss pie. Which of the following
is true with respect to his actions:
RIGHT ANS:->>> Fat Frank behaved unethically
Fat Frank can potentially face criminal liability for his actions. Fat Frank can be sued in tort in civil court.
Gaggle Inc. decides to wrongly infringe on Chirp Chirp's patent and establish a similar "knock-off" product because Chirp Chirp is just a small start-up company and they lack the money to litigate in court with Gaggle, Inc.
Gaggle, Inc. is:
RIGHT ANS:->>> Unethically exploiting their power and size in the
marketplace.
Bob's Beer Barn and Booze is in a price war with Lucy Liquor's. Bob has talked to his attorney to find out if he can illegally bring a meritless lawsuit against Lucy that may potentially shut her down. Which of the following best 3 / 4
characterizes this scenario.RIGHT ANS:->>> This type of legal action cannot be ethically or legally justified.
All legal conduct is ethical?
True
False RIGHT ANS:->>> False
Ethical behavior often requires a higher standard than merely legal behavior.True
False RIGHT ANS:->>> True
Ethical conduct never brings about new laws.True
False RIGHT ANS:->>> False
Gaggle, Inc., and Chirp Chirp, Inc., have their dispute resolved in arbitration.The arbitrator makes an erroneous finding of fact. This is a ground for a court to review the merits of the award.
True
False RIGHT ANS:->>> False
Gaggle, Inc., and Chirp Chirp, Inc., have their dispute resolved in arbitration.The arbitrator makes an erroneous finding of fact. This is a ground for a court to review the sufficiency of the evidence.
- / 4