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BUL4421 midterm Exam Questions with Correct Answers 100% Verified By Experts

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Which of the following are types of due process? Procedural and substantive



The first _____ amendments to the U.S. Constitution are known as the Bill of Rights. Ten


if a law prevents individuals from exercising a fundamental right, the law will be subject to_.
Strict scrutiny


Why must federal legislation that affects business be based on expressed constitutional grant of
authority? Because the federal government has only those powers granted to it by the
Constitution.


Why must federal legislation that affects business be based on expressed constitutional grant of
authority? 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? A person does not have to be e a a witness against himself or herself in a
criminal case.



When can government agents obtain a search warrant? When they can establish probable
cause


A[n] clause has been defined as one i which the terms are "manifestly unfair or oppressive and
are dictated by a dominant party." Unconscionable



When is an arbitrator's decision called an "award"? Always

, A(n) is a provision in a contract that mandates that all disputes arising under the contract must
be settled by arbitration. Binding arbitration clause


Which of the following is true regarding the remedy if a party does not abide by an agreement
reached in mediation? The remedy is sue for breach of contract.


According to the text, positive points of arbitration involve(s) which of the following?
Arbitration is generally less expensive than litigation.


Which of the following is true regarding the use of legal counsel at arbitration proceedings?
.It is up to each of the parties. They may have legal counsel, or they may not.


Which of the following is the minimal standard essential for the development of business
ethics? The legality of a decision


An ethical theory that urges managers to take those actions that provide the greatest pleasure
after having subtracted the pain or harm associated with the action in question is called
Utilitarianism


What do the letters "WPH" mean in reference to the "WPH framework for Business Ethics"
discussed in the text? Who, Purpose, and How



Which of the following are stakeholders of a business? Shareholders, employees, customers,
and management



Positive abstractions that capture our sense of what is good desirable are called Values


At trial a defense lawyer states that evidence should not be admitted because it is "fruit of the
poisonous tree." Upon which of the following is the attorney relying? The exclusionary rule

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