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BUS 415 Final Exam: Business Law and Ethics

Final exam covering business law and ethics.

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BUS 415 Final Exam: Business Law and Ethics1) The form of alternative dispute resolution wherein the parties hire someone to review theevidence and make a decision that is binding upon theparties is calledA.negotiationB.settlementconferenceC.conciliationD.arbitration2) The Federal Trade Commission is an example ofA.a federal agency created by the federal governmentB.a corporation subsidized by the federal governmentC.a branch of the U.S. Supreme CourtD.a temporary commission created by executive order that has become permanent3) A corporation is considered a citizen of what state?A.The state where the majority of the employees liveB.It is not a citizen because it is a businessC.The state where it filed its Articles of IncorporationD.The state where the president of the corporation lives4) The Federal False Claims Act is also known asA.the Sarbanes-Oxley ActB.the Whistleblower StatuteC.the Statute of FraudsD.the Statute of Limitations5) Utilitarianism is a moral theory, which statesA.ethics requires a decision-maker to take actions which result in the greatest good to societyB.ethics requires following the Golden Rule (do unto others as you would have them do untoyou)C.ethics requires actions which use the most efficient toolsD.ethics requires acting according to the Bible or some outside source6) Which of the following statements is true?A.If something is legal, it is always ethical.B.Practices that are legal in the United States are legal everywhere in the world.C.Practices that are ethical in the United States are considered ethical everywhere else in theworld.D.A course of action can be legal but not ethical.7) If a defendant files a motion for summary judgment in a civil case, what is the defendantsaying?A.That the plaintiff’s claims are falseB.That the court has no jurisdiction to decide the caseC.That the case is ready to go to the juryD.That even if what the plaintiff says is true, there is no basis for judgment against thedefendant8) A defendant fails to answer a civil lawsuit, what is likely to happen?A.A court will contact the defendant and ask him to answer the lawsuit.

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Document Details

University
University of Phoenix
Course
BUS 415
Subject
Civil Law

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