BUL 3130 FINAL KAHOOT UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

BUL 3130 FINAL KAHOOT UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS

Question:
1. What does the US judicial system do?
Answer:
Adjudicate cases

Question:
2. What is a tort
Answer:
A civil wrong, injury, or loss

Question:
3. To be convicted of a crime, guilt must be proven
Answer:
beyond a reasonable doubt

Question:
4. Federal Agencies do not have the power to
Answer:
Interpret the constitution

Question:
5. When do you file an IPO
Answer:
When you want to take a private company public

Question:
6. How do citizens review records of a federal agency
Answer:
Freedom of information

Question:
7. What is the rule of reason
Answer:
Business not guilty under Sherman act when acting with legitimate economic reason

Question:
8. What is a citizen suit
Answer:
Citzens sue to for federal agency to do its job

Question:
9. Bonds are blank financing

, Answer:
Debt

Question:
10. A bankruptcy trustee can stop a transfer when it would give one creditor an unfair advantage. This is?
Answer:
Voidable Transfer

Question:
11. Economic incentive theory
Answer:
Providing a plan for business to trade emissions for profitable competition

Question:
12. What happens when immediately filing for bankruptcy
Answer:
an automatic stay is granted and debtors must stop debt collection efforts

Question:
13. Monopolies
Answer:
are legal unless obtained through illegal efforts

Question:
14. Common stockholders may
Answer:
receive dividends when company is profitable

Question:
15. Loans requiring no collateral are
Answer:
unsecured debt

Question:
16. Which act prohibits mergers that tend to create a monopoly
Answer:
Clayton act

Question:
17. Under 4th amendment, business have
Answer:
fewer rights than an individual

Question:
18. When a company wants to obtain a monopoly, its only a Sherman violation if,