Business Law Practice Questions With Complete Solutions
_________________ statutes claim jurisdiction over out-of-state
defendants if they commit a tort, enter into contracts, or conduct
regular business with a state. Correct Answers Long-arm
A treaty negotiated by the executive branch requires
___________ approval by the Senate; a trade agreement (like
NAFTA or the USMCA) requires __________________
approval of both chambers of Congress. Correct Answers 2/3,
simple majority
A(n) __________________ is a judgment in favor of the
plaintiff that occurs when the defendant fails to answer the
complaint, and the complaint alleges facts that would support
such a judgment. Correct Answers default judgment
After losing her job, Caitlyn Mowrey fell behind on paying her
mobile-home park fees. In order to avoid any hassle from
employees at the park about the debt, Mowrey frequently waited
until after midnight to come home or stayed elsewhere. Losing
patience, an employee of NRV Mobile Home Park, LLC--the
company that owned the mobile-home park--left a message on
Mowrey's phone, falsely claiming that her mobile home was on
fire and that her cherished pet chihuahuas were trapped inside,
likely to perish. Mowrey rushed home, only to be confronted
about the debt by the employee.
Aside from any violations of state and federal debt-collection
statutes, for which torts is NRV Mobile Home Park potentially
liable? Correct Answers Intentional infliction of emotional
distress
,After the last recession, Congress passed the Dodd-Frank Wall
Street Reform and Consumer Protection Act of 2010. This bill
established the Bureau of Consumer Financial Protection
(CFPB) as an independent bureau within the Federal Reserve
System and made it responsible for protecting consumers from
abusive financial services practices. Correct Answers enabling
Altschu, a footwear company, markets their footwear to
consumers with the promise that for each pair of shoes
purchased, the company will send a pair of shoes to a needy
child outside the United States. An investigative report,
however, uncovers that the company has not shipped shoes to its
overseas charitable partners for more than three years.
Consumers (and the government) may be able to file suit against
Altschu for: Correct Answers Fraud
An intentional tort involves conduct in which: Correct Answers
the defendant acts deliberately, resulting in injuries to the
plaintiff.
As discussed in class and in your text, our ________________
changes bit by bit: the Tarasoff and Carey cases, for example,
created exceptions to the _____________________ that reflect
shifts in our societal values and mores over time. Correct
Answers common law, bystander rule
Backcountry.com, an online retailer of outdoor clothing and
recreation gear, is waging an aggressive, behind-the-scenes legal
campaign to increase its brand leverage. It has filed dozens of
lawsuits against businesses using the term "backcountry" in their
, trade and product names, including Backcountry Nitro, a coffee
producer; Backcountry Babes, an avalanche-education company;
and snowboard manufacturer, Weston Backcountry.
Fill in the blank: Counsel for Backcountry.com can request a(n)
______________________ from a federal court on grounds of
alleged trademark infringement, a court order that would force
the other companies to stop using the "backcountry" mark and
change their trade or product names. Correct Answers
Injunction
Chandler filed a lawsuit against Joey for failure to repay $1,000,
according to the terms of a promissory note. The trial ended
before it began, with the trial judge granting a motion for
summary judgment in favor of Chandler. Joey appealed, and the
Supreme Court of Virginia remanded the case. This means:
Correct Answers No winner has been determined; the case is
being returned to the trial court for additional steps.
Consider which of the following statements about arbitration are
accurate:
I. Arbitration is public dispute-resolution process.
II. Arbitration clauses frequently limit the possibility of
individual or class-action litigation.
III. Arbitrators, like judges, must provide the parties with a
detailed, written explanation of their final ruling in a case.
IV. Terms of service and credit-card agreements contain clauses
allowing corporate defendants to select the arbitrator, the
location of arbitration proceedings, and which state's laws will
govern the dispute. Correct Answers Only statements II and IV
are true.
_________________ statutes claim jurisdiction over out-of-state
defendants if they commit a tort, enter into contracts, or conduct
regular business with a state. Correct Answers Long-arm
A treaty negotiated by the executive branch requires
___________ approval by the Senate; a trade agreement (like
NAFTA or the USMCA) requires __________________
approval of both chambers of Congress. Correct Answers 2/3,
simple majority
A(n) __________________ is a judgment in favor of the
plaintiff that occurs when the defendant fails to answer the
complaint, and the complaint alleges facts that would support
such a judgment. Correct Answers default judgment
After losing her job, Caitlyn Mowrey fell behind on paying her
mobile-home park fees. In order to avoid any hassle from
employees at the park about the debt, Mowrey frequently waited
until after midnight to come home or stayed elsewhere. Losing
patience, an employee of NRV Mobile Home Park, LLC--the
company that owned the mobile-home park--left a message on
Mowrey's phone, falsely claiming that her mobile home was on
fire and that her cherished pet chihuahuas were trapped inside,
likely to perish. Mowrey rushed home, only to be confronted
about the debt by the employee.
Aside from any violations of state and federal debt-collection
statutes, for which torts is NRV Mobile Home Park potentially
liable? Correct Answers Intentional infliction of emotional
distress
,After the last recession, Congress passed the Dodd-Frank Wall
Street Reform and Consumer Protection Act of 2010. This bill
established the Bureau of Consumer Financial Protection
(CFPB) as an independent bureau within the Federal Reserve
System and made it responsible for protecting consumers from
abusive financial services practices. Correct Answers enabling
Altschu, a footwear company, markets their footwear to
consumers with the promise that for each pair of shoes
purchased, the company will send a pair of shoes to a needy
child outside the United States. An investigative report,
however, uncovers that the company has not shipped shoes to its
overseas charitable partners for more than three years.
Consumers (and the government) may be able to file suit against
Altschu for: Correct Answers Fraud
An intentional tort involves conduct in which: Correct Answers
the defendant acts deliberately, resulting in injuries to the
plaintiff.
As discussed in class and in your text, our ________________
changes bit by bit: the Tarasoff and Carey cases, for example,
created exceptions to the _____________________ that reflect
shifts in our societal values and mores over time. Correct
Answers common law, bystander rule
Backcountry.com, an online retailer of outdoor clothing and
recreation gear, is waging an aggressive, behind-the-scenes legal
campaign to increase its brand leverage. It has filed dozens of
lawsuits against businesses using the term "backcountry" in their
, trade and product names, including Backcountry Nitro, a coffee
producer; Backcountry Babes, an avalanche-education company;
and snowboard manufacturer, Weston Backcountry.
Fill in the blank: Counsel for Backcountry.com can request a(n)
______________________ from a federal court on grounds of
alleged trademark infringement, a court order that would force
the other companies to stop using the "backcountry" mark and
change their trade or product names. Correct Answers
Injunction
Chandler filed a lawsuit against Joey for failure to repay $1,000,
according to the terms of a promissory note. The trial ended
before it began, with the trial judge granting a motion for
summary judgment in favor of Chandler. Joey appealed, and the
Supreme Court of Virginia remanded the case. This means:
Correct Answers No winner has been determined; the case is
being returned to the trial court for additional steps.
Consider which of the following statements about arbitration are
accurate:
I. Arbitration is public dispute-resolution process.
II. Arbitration clauses frequently limit the possibility of
individual or class-action litigation.
III. Arbitrators, like judges, must provide the parties with a
detailed, written explanation of their final ruling in a case.
IV. Terms of service and credit-card agreements contain clauses
allowing corporate defendants to select the arbitrator, the
location of arbitration proceedings, and which state's laws will
govern the dispute. Correct Answers Only statements II and IV
are true.
