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BUSN 201 Midterm A Questions &Exam (elaborations) answers 100% satisfaction guarantee
BUSN 201 Midterm A Questions &Exam (elaborations) answers 100% satisfaction guarantee
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BUSN 201 Midterm A- is undated.
- contains handwritten terms.
- is clearly stamped "insufficient funds."
! - all of the choices. - ✔✔Raul wants to transfer a check to Schmidt. The check is defective if it
! Appellate courts - ✔✔Which of the following is not a state or federal court system?
! F - ✔✔To the extent that it has not been modified by the UCC, the common law of contracts applies
to sales contracts.
! have suppliers sign contracts affirming that they will behave ethically. - ✔✔To avoid unethical
practices by a foreign supplier, an effective business practice is to
! identity theft. - ✔✔Don sends an e-mail to Eve, promising her a percentage of the amount in a
foreign bank account if she will assist in transferring the funds to a U.S. bank account. Eve forwards
her account number, but the funds are never sent. Instead, Don quickly withdraws the funds in Eve's
account. This is
a breach. - ✔✔Talk, Inc., offers to buy from Ultra Corporation 1,000 phones with certain features.
%
Without notifying Talk, Ultra timely ships phones with fewer features. With respect to the offer, this
shipment is an acceptance and
a cyberterrorist. - ✔✔Via the Internet, Britta enters false code into the computer control system of
Chicken Company, a food maker, to alter the levels of ingredients so that consumers of the food
become ill. Britta is
a trade name. - ✔✔Chris operates the Devil's Brew chain of coffee stands. "Devil's Brew" is
actual damages and profits in any amount. - ✔✔Grain Mill Company brings a suit against Milled
Grain Company under the Anticybersquatting Consumer Protection Act, alleging that Milled Grain is
profiting from a domain name that is confusingly similar to Grain Mill's trademark. If Grain Mill is
successful, recovery may include
an available alternative design. - ✔✔Recharge Corporation makes batteries. Sol is injured when the
Recharge battery in his phone bursts into flame. In Sol's product liability suit against the maker,
alleging a design defect, the court may consider
are right or wrong. - ✔✔Business ethics looks at whether business decisions
, commercial transactions. - ✔✔The Uniform Commercial Code provides a set of rules governing
deliver the plywood to a particular destination. - ✔✔Pine Mills Inc. agrees to sell a certain quantity of
plywood to Quality Lumber Company under a destination contract. Pine Mills must
demand assurances of performance from the seller. - ✔✔Pavers Inc. contracts to buy some heavy
equipment from Earthmovers, Inc. Before either party performs, Earthmovers sells its assets to
Excavation Corporation. On learning of the sale, Pavers is concerned about its contract with
Earthmovers. Pavers should
Discussion - ✔✔In the IDDR approach to making ethical decisions, the first "D" stands for what?
F - ✔✔A belief in the possibility that a person committed a crime is sufficient probable cause to
support the issuance of an arrest warrant.
F - ✔✔A corporation can refuse to produce business records that might subject the firm to criminal
prosecution.
F - ✔✔Because laws may change, the ability to analyze and evaluate the legal ramifications of
situations as they arise is not a lasting skill.
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F - ✔✔Because social media is so widespread, it is legal and ethical for a company to have social
media policies limiting employees from criticizing the company.
F - ✔✔If the owners of a certain grade of wheat stored in a single silo hold title as tenants in
common, a seller-owner can pass title to a buyer only by separating the goods.
F - ✔✔Intentional deceit for personal gain may be unethical but it does not give rise to liability for
fraud.
F - ✔✔Laws to combat spam have been enacted which have stopped the flow of spam emails.
F - ✔✔State statutes may allow purchasers of defective automobiles to pursue remedies in addition
to those provided by the UCC. The seller or manufacturer is given opportunities to remedy the defect.
This is called a warranty disclaimer.
F - ✔✔Under a shipment contract for the sale of a certain quantity of solar panels, the seller is
required to deliver conforming goods at a particular destination.
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