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BLAW 3310 UTA FINAL EXAM QUESTIONS WITH CORRECT ANSWERS..

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BLAW 3310 UTA FINAL EXAM QUESTIONS WITH CORRECT ANSWERS

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(CH20) Know what the Sherman Act prohibits


Give this one a try later!


Contracts and combinations in restraint of trade are illegal




(CH17) Know what an administrative law judge is


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The ALJ is a civil service employee of the agency, usually a staff attorney




(CH18) Know the definition of private company

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Privately traded companies = with fewer than 500 shareholders and shares
not openly traded




(CH16) When employment practices are shown to discriminate against some
employees, it is up to the employer to prove the practices are justified as a business
necessity, are job related and therefore do not violate Title VII


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If an employer does not hire women because it causes deformities to
future children, that is allowed. Same with religious based hiring.




(CH19) Know what the court ruled in FTC v. Consumer Defense, LLC


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The court held that a restraining order could be issued to shut down
consumer defense immediately for actions in violation of the rule




(CH18) Know what CEO's and CFO's of publicly traded companies are required to do
under Sarbanes-Oxley


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CEO and CFO must personally certify financial statements

,(CH16) Know the protected classes of Title VII


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Race, color, national origin, religion, sex




(CH18) Know what the Supreme Court said about non-corporate insiders who luck
into inside information on securities


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"Lucking" into the information is ALLOWED




(CH18) Know what enabling legislation created the Public Company Accounting
Oversight Board


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Sarbanes-Oxley Act




(CH18) Know what the Securities Litigation Uniform Standards Act of 1998 requires


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, requires securities suits involving nationally-traded securities to be heard in
federal court




(CH21) Know the definition of public nuisance in a pollution case


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an unreasonable interference with the community's right to a reasonably
clean and safe environment




(CH20) Know what a horizontal restraint of trade is


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an agreement among competitors at the same level of the production or
distribution chain that limits competition in some way




(CH18) Know the example of securities law misleading information from the text


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Making overly optimistic statements




(CH21) Know the holding of Massachusetts v. Environmental Protection Agency
regarding the EPA's ability to regulate greenhouse gases

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