- Study guides, Class notes & Summaries

BUL 4421 - CHAPTER 3 QUESTIONS AND CORRECT ANSWERS Do not hold trials. Rather, appellate judges review transcripts of trial court proceedings and occasionally consider additional oral and written arguments from each party. Handle questions of law, not questions of fact. Questions of law CORRECT ANSW-Question of law concerns interpretation or application of a law. Only judges can decide questions of law. Questions of fact CORRECT ANSW-Question of fact is a question about an even...

BUL 4421 FINAL - FAU GENDLER QUESTIONS AND CORRECT ANSWERS Objective Theory of Contracts bases interpretation on CORRECT ANSW-how a reasonable person would interpret it. ________ of parties is not usually relevant under objective theory of contracts CORRECT ANSW-subjective intent t or f: subjective intent may be relevant under certain circumstances CORRECT ANSW-true subjective intent may be relevant if CORRECT ANSW-a mutual misunderstanding b/t parties exists and they did not c...

BUL 4421 FAU QUIZ 1 QUESTIONS AND CORRECT ANSWERS Which of the following is the application of ethics to special problems and opportunities experienced by those in business? CORRECT ANSW-Business ethics Which of the following is the minimal standard essential for the development of business ethics? A. Meeting the requirements of deontology CORRECT ANSW-The legality of a decision. The arbitrator typically provides a decision within ____ days of an arbitration hearing. CORRECT ANSW...

BUL 4421 - CHAPTER 4 QUESTIONS AND CORRECT ANSWERS Negotiation CORRECT ANSW-A bargaining process in which disputing parties interact informally, either with or without lawyers, to attempt to resolve their dispute. A neutral third party, such as a judge or jury, is not involved. Adversarial negotiation CORRECT ANSW-A party can enter negotiations with one of two approaches: adversarial or problem solving. Each party seeks to maximize its own gain Problem-solving negotiation CORREC...

BUL 4421 CHAPTER 2 QUESTIONS AND CORRECT ANSWERS Social Responsibility of Business CORRECT ANSW-The responsibility of firms doing business within a community to meet the expectations that the community imposes on them. Stakeholders CORRECT ANSW-The groups of people affected by a firm's decisions. Values CORRECT ANSW-Positive abstractions that capture our sense of what is good and desirable. WPH Process of Ethical Decision Making CORRECT ANSW-A set of ethical guidelines that urge...

BUL4421 MIDTERM QUESTIONS AND CORRECT ANSWERS Why must federal legislation that affects business be based on expressed constitutional grant of authority? CORRECT ANSW-Because the federal government has only those powers granted to it by the Constitution. Which of the following is true regarding the Fifth Amendment's protection against self incrimination? CORRECT ANSW-A person does not have to be e a a witness against himself or herself in a criminal case. When can government ag...

BUL 4421 FINAL - FAU GENDLER CHAPTER 50 QUESTIONS AND CORRECT ANSWERS Tenancy-at-will CORRECT ANSW-A type of tenancy that either the landlord or the tenant can terminate without notice. Tenancy-at-sufferance CORRECT ANSW-created if tenant fails to leave property after term of lease . Landlord can either allow tenant to stay or demand they leave. Fair Housing Act CORRECT ANSW-landlord may not discriminate against tenant base on: race color sex religion national origin fa...

BUL 4421 GENDLER MIDTERM REVIEW FAU QUESTIONS AND CORRECT ANSWERS Criminal Law CORRECT ANSW-Regulates incidents which someone commits an act against the public as a whole Hierarchy of Laws CORRECT ANSW-1. US Constitution 2. Federal Statutes 3. State Constitution 4. State Statutes 5. Common Law Common Law CORRECT ANSW-Collection of legal interpretations made by judges, and are law unless revoked by new statutory law

BUL 4421 EXAM 2 QUESTIONS AND CORRECT ANSWERS Unilateral Contract CORRECT ANSW-promise in exchange for an act Executed CORRECT ANSW-both ends of the contract complied with terms Executory CORRECT ANSW-a contract that has not been fully performed on either side Void Contract CORRECT ANSW-A contract having no legal force or binding effect. Voidable Contract CORRECT ANSW-A contract that may be legally avoided at the option of one or both of the parties.

BUL 4421 - DEPARTMENT ASSESSMENT REVIEW QUESTIONS AND CORRECT ANSWERS Business Ethics (ch. 2) CORRECT ANSW-The application of ethics to the special problems and opportunities experience by business people. Business ethics builds on business law CORRECT ANSW-The law both affects and is affected by evolving ethical patterns. but business law provides only a floor for business ethics, telling the business leaders the minimally acceptable course of action.