Exam (elaborations)
FBLA TEST #2 EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
- Course
- Institution
FBLA TEST #2 EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
[Show more]
Content preview
FBLA TEST #2 EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS1: The most direct way employers discriminate is through
Disparate treatment
Disparate impact
Age discrimination
Business necessity - Answer ✔✔Disparate treatment
2: An oral statement of fact or promise constitutes
No warranty
An implied warranty
An express warranty
A limited warranty - Answer ✔✔An express warranty
3: A person has the right to control the conduct of another, who is
performing a physical task for that person, is called a(n)
Agent's agent
Master
Independent contractor
Principal - Answer ✔✔Master
4: When a minor disaffirms a contract, the merchandise received upon
entering the contract should be
,Undamaged
Returned
Paid for
Ratified - Answer ✔✔Returned
5: When a contract ends, it is said to be
Discharged
Released
Tendered
Avoided - Answer ✔✔Discharged
6: Shareholders who want to control the election of the board of
directors by buying a majority of the shares in a corporation but are
unable to, may try to obtain a
Pooling agreement
Proxy
Shareholder proposal
Voting trust - Answer ✔✔Proxy
7: A type of co-ownership in which a person's heirs inherit that person's
share of property is known as
Tenancy by the entirety
Tenancy in common
Joint tenancy
, Adverse possession - Answer ✔✔Tenancy in common
8: A warranty that promises to fix or replace a defective product free of
charge for a certain time period is called a(n)
Express warranty
Limited warranty
Full warranty
Warranty of title - Answer ✔✔Full warranty
9: The difference between market value and debt in the property is
called
Easement
Equity
Interest
Escrow - Answer ✔✔Equity
10: A legal document verifying permission to practice a particular trade
or profession is called a
Contract
Covenant
License
Permit - Answer ✔✔License
11: Absolute liability to pay is also known as
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YANCHY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now