LAW 531 FINAL EXAM 1

LAW 531 Final Exam 2018 The obligation owed by individuals to one another not to cause any unreasonable harm or any risk of harm is called: Which of the following best describes the term warranty? Manifestation of the substance of a contract by two or more individuals is …._________? Workers’compensation is ……as the:​ ​Which of the following applies to trade restraints that are inherently anti competitive? A group boycott occurs when: ​Which of the following scenarios is an example of law and ethics contradicting each other? ​Corporate officers are …..by a corporation’s __________? Which of the following is a category of torts?​ ​Corporate officers are best described as law 531 final exam ​Which of the following is a remedy that requires the breaching party to perform the acts promised in a contract? ​Helen buys a toy railway set for her 3-year-old son, Ben. Product’s cover mentions that toy is suitable for children only aged between 3 and 12. While playing with the toy one evening, without Helen’s supervision, Ben chokes on an inch-long engine driver figure that forms part of the train. Although he survives, he is ……by the incident. For which type of defect can Helen sue the toy manufacturer? ​Agency that appears to be …..by a principal but does not exist in reality is called a(n) __________. ​Robert orders coffee while having breakfast in a diner. He suffers third-degree burn injuries when the coffee accidentally spills on him. He presses charges against the diner for failing to notify him that the coffee was exceptionally hot. In this scenario, the diner is guilty of a(n) __________. ​When an employer does not discriminate against women in general but treats women above the age of 40 differently, the employer is practicing __________. Insider trading is ….illegal because law 531 final exam ​When can an arbitrator’s decision and award be ……to the courts? ​When one party acquires a license to use another party’s business model and intellectual property in the distribution of goods and services, the arrangement is a __________. Which of the following is a difference between embezzlement and larceny? Which of the following is a characteristic of torts? ​A goal of the Sarbanes-Oxley Act of 2002 is to law 531 final exam ​Laws that prohibit discrimination based on race, gender, or religion in the workplace. Which of following is a criticism of the ethical fundamentalism theory?​ ​Which of the following is a requirement for obtaining a patent for an invention? ​Power and authority to exclude competition or control prices is __________. Which of the following is an advantage of franchising? Laws that protect governments from being overthrown primarily serve the function of law 531 final exam ​Which of the following is ……by the Food, Drug, and Cosmetic Act (FDCA) with regard to food? ​Which of the following is a difference between arbitration and mediation? ​Ken owns a small convenience store in a street corner in California. One afternoon, a teenage boy enters his store, looks around, and prepares to walk out without buying anything. Ken is wary of the boy because of the boy’s shabby clothing. He stops and asks the boy to empty his pockets and then questions him for about five minutes. After finding that the boy does not have anything from the store on him, Ken reluctantly lets him go. Which of the following is a merchant protection statute that Ken has violated?