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LAW 531 Week 5 Quiz LATEST UPDATE 2022
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LAW 531 Week 5 Quiz LATEST UPDATE 2022LAW 531 Week 5 Quiz 1. Tuff­Steele Constructions, Inc. has not been adhering to appropriate worker safety rules. As a result, there have been an increased number of on­site accidents and several construction workers have sustained serious injuries. Which o...

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  • April 9, 2022
  • 5
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • law 531 week 5 quiz latest update 2022
  • law 531 week 5 quiz 1 tuff­steele constructions
  • inc has not been adhering to appropriate worker safety rules as a result
  • there have been an increased number

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LAW 531 Week 5 Quiz

1. Tuff­Steele Constructions, Inc. has not been adhering to appropriate worker safety

rules. As a result, there have been an increased number of on­site accidents and
several construction workers have sustained serious injuries. Which of the following
powers will allow an administrative agency to bring agency proceedings against
Tuff­Steele Constructions?

a. Rulemaking

b. Licensing

c. Judicial authority

d. Executive power




2. In 1970, Congress established an administrative agency to enforce statutes enacted

to protect the air and water of this country. What is the name of this agency?

a. Army Corps of Engineers Agency

b. National Ambient Air Quality Standards Agency

c. Environmental Protection Agency

d. Air Quality Control Agency




3. The Sarbanes­Oxley Act is intended to increase the confidence of the public and

investors through increasing which of the following?

a. Corporate governance

b. Director complacency

c. Separation of powers

This study source was downloaded by 100000829818949 from CourseHero.com on 04-09-2022 09:42:32 GMT -05:00


https://www.coursehero.com/file/9693305/LAW-531-Week-5-Quiz/

, d. Corporate veil




4. If a corporate officer or director acts in a manner to make use of an advantage that

he or she knows will only benefit himself or herself and deprives the corporation of
that advantage, what breach of fiduciary duty has been committed?

a. Duty of care by violation of the business judgment rule

b. Duty of loyalty by self­dealing

c. Duty of obedience by competing with the corporation

d. Duty of loyalty by usurping a corporate opportunity




5. Unless otherwise stated in the articles of incorporation, a quorum to hold a meeting

of the shareholders is generally defined as which of the following?

a. The number of shareholder votes necessary to pass an action

b. A committee of directors selected to vote on a corporation action

c. A majority of shareholders required to be present to vote on a corporate action

d. The number of registered shareholders eligible to vote at a given time




6. The Sarbanes­Oxley Act prohibits publicly traded companies from making personal

loans to whom?

a. Its certified public accountants

b. Its executive officers or directors

c. Its majority shareholders

d. Its legal counsel
This study source was downloaded by 100000829818949 from CourseHero.com on 04-09-2022 09:42:32 GMT -05:00


https://www.coursehero.com/file/9693305/LAW-531-Week-5-Quiz/

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