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BUL 3310 Exam 3 Bailey (Questions + Answers) Solved 100% Correct!!
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BUL 3310 Exam 3 Bailey (Questions + Answers) Solved 100% Correct!!
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Name: Score:385 Multiple choice questions
Term 1 of 385
The Electronic Funds Transfer Act established a national fraud alert system to help consumers
whose identities had been stolen
True
False
Term 2 of 385
Why do workers compensation laws benefit employers?
Employers can choose to opt in or to opt out of the program.
The insurance premiums that employers pay are very low.
Employees cannot sue their employers for negligence even if the employer's negligence
caused the injuries.
Employees cannot sue the employer for intentionally causing the workplace injuries
Term 3 of 385
What happens if an agent acts outside the scope of his or her authority when negotiating a
contract?
The agent loses the right to reimbursement
The agent loses the right to indemnification
The agent becomes personally liable on the contract to the third party
All of the above
,Term 4 of 385
Agency agreements must always be in writing
T or F?
True
False
Term 5 of 385
The American's With Disabilities Act only protects employees who can perform essential work
functions despite their disabilities; the Act does not require employers to take affirmative
measures to accommodate employees
True
False
Term 6 of 385
An agent has a duty to obey the principal's instructions unless which of the following is true?
the instructions require the agent to perform duties that are not in the agency agreement
the instructions are to perform an illegal act
the instructions are not in the principal's best interest
both A and B
Term 7 of 385
An employer is responsible for the torts committed by an employee while the employee is on a
frolic, but not for those torts committed while the employee is on a detour
True
False
,Term 8 of 385
In a bankruptcy proceeding, the ________ is the individual, business organization, municipality or
farmer that the bankruptcy proceeding involves.
Debtor.
Creditor.
Interested party.
Trustee.
Term 9 of 385
Jim was called to active duty in the military. Knowing that he would be out of the country for a
year or more, he gave his sister Peg authority to pay bills in his name, access his bank accounts,
buy and sell stock in his brokerage accounts, and incur expenses to maintain his house and car
and boat. Because Peg is not compensated for the activities she is performing on her brother's
behalf she owes him ...
Only the duty of loyalty.,
Only the duties of loyalty and information.,
Only the duties of loyalty, information and the duty to account,
Peg owes Jim all the duties of an agent to a principal.
Term 10 of 385
Creditors may not force a debtor into an involuntary Chapter 13 bankruptcy because it would
violate the debtor's ___ Amendment right against involuntary servitude
First
Fifth
Thirteenth
Twenty-second
, Term 11 of 385
Creditors may petition the bankruptcy court to convert a Chapter _________bankruptcy in to a
Chapter __________bankruptcy.
7 into 13
11 into 7
11 into 13
13 into 11
Term 12 of 385
If a debtor has 12 or more unsecured creditors, at least ___ of these creditors with aggregate claims
of $13, 475 must sign the petition to force the debtor into an involuntary bankruptcy
3
6
7
12
Term 13 of 385
What constitutes a hostile work environment is a matter of law and does not vary from workplace
to workplace
True
False
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