BADM 300 Final Exam Questions with Correct Answers

BADM 300 Final Exam Questions with Correct Answers


Question 1:
Laws and government regulations affect almost all business activities.
True
False
Answer:
True



Question 2:
Laws and government regulations affect all business activities
Answer:
hiring and firing decisions,



Question 3:
workplace safety, corporations, securities transactions, the manufacturing and marketing of
products, accountancy, supply chains, and business financing are some of the examples that
can Cases involving diversity of citizenship arise only between citizens of different states.
a. True
Answer:
be mentioned.



Question 4:
b. False
Answer:
b. False



Question 5:
Cases involving diversity of citizenship arise not only between citizens of different states but
The amount in controversy in a diversity of citizenship case must be more than $1 million
before a federal court can take jurisdiction.
a. True
Answer:
also countries.

,Question 6:
Diversity of citizenship arising from disputes between citizens of different states implies that
the Concurrent jurisdiction exists when both federal and state courts have the power to hear a
particular case.
a. True
Answer:
The dollar amount in controversy must exceed $75,000.



Question 7:
b. False
Answer:
True



Question 8:
Concurrent jurisdiction is the jurisdiction that exists when two different courts, such as a
federal The Bill of Rights protects individuals against types of interference by the federal
government.
a. True
Answer:
and a state court, have the power to hear a case.



Question 9:
b. False
Answer:
b. True



Question 10:
The first ten amendments to the United States Constitution constitute the Bill of Rights. They
were adopted in 1791 and embody a series of protections for the individuals against various A
restriction on commercial speech is valid as long as it forbids only the expression of views on
controversial issues.
a. True
Answer:
types of interference by the federal government.

,Question 11:
Commercial speech if protected by the First Amendment. This Amendment generally provides
for freedom of speech and freedom of religion. Typically, commercial speech (e.g. marketing
and advertising communications) is protected by courts. However, the protection given by the
First Amendment to commercial speech is not as extensive as the one afforded to
non-commercial speech. States may restrict certain kinds of advertising to avoid costumers
from Kelly is injured when she slips and falls on Layla's sidewalk. To determine whether Layla
owed a duty of care to Kelly, Layla is subject to the standard of
a realistic person.
a reasonable person.
a recognizable person.
Answer:
being misled.



Question 12:
d. a reliable person.
Answer:
b.



Question 13:
Patricia commits an act via e-mail against Othman Finance Company, a business in California,
Answer:
circumstances.



Question 14:
Prosecution of Patricia in California involves questions of
jurisdiction.
"maximum contacts."
the immunity of Internet service providers.
Answer:
where the act is a cyber crime. Patricia resides in New York where the act is not a crime.



Question 15:
D. encryption.
B. questions of jurisdiction.
C. Such a contract is normally
E. void.

, F. valid.
Answer:
A. d. encryption.



Question 16:
d. voidable but only by consent of both parties.
Answer:
a.



Question 17:
Country Style, Inc., makes landscaping tools. Country could be liable for a warning defect if
there is a foreseeable risk of harm posed by a product and
the omission of a warning renders the product not reasonably safe.
there is a reasonable alternative design.
there is a lack of care in making of the product.
Answer:
through the agreement



Question 18:
d. there is insufficient insurance coverage.
Answer:
a.



Question 19:
According with the Restatement (Third) of Torts, Products Liability, Section 2(c), a product is
Answer:
A product can be considered defective because of inadequate instructions or warnings. deemed
defective "when the foreseeable risks of harm posed by the product could have been
reduced or avoided by the provision of reasonable instructions or warnings by the seller or
other distributor, or a predecessor in the commercial chain of distribution, and the omission of
the



Question 20:
Treadwell Tire Manufacturing Company employs Uri as an agent. To terminate Uri's authority,