LSTD 2106 Chapter 1 HW CORRECT
100%
Which of the following should be considered when faced with a legal challenge?
I. Imminence and threat level of the challenge
II. Costs of resolving the dispute
III. Business relationships involved
IV. Worst-case scenario
-I, II, and III
-I and II
-I, II, III, and IV
-IV only
-I only - ANSWER-I, II, III, and IV
Which of the following is not part of the analytical model used for legal decisions in
business?
-evaluate alternatives
-use aggressive litigation to limit risk
-assess threat
-analyze using worst-case scenario
-identify the legal issues - ANSWER-use aggressive litigation to limit risk
Most businesses rely on _______ for their corporate legal services.
-the government
-district attorneys
-law firms
-litigators
-in-house counsel - ANSWER-law firms
In the course of her day, O'Connor counsels several business clients on issues
related to start-up ventures in the technology sector. She gives advice related to
incorporation, shareholders agreements, leases, employment contracts, and charges
each client based on her hourly rate. O'Connor is likely to be:
-an assistant district attorney.
-a business attorney working in a law firm.
-vice president and general counsel at a technology company.
-a litigator working in a law firm.
-in-house intellectual property counsel. - ANSWER-a business attorney working in a
law firm.
Maurice is the manager in an office warehouse and receives a complaint from a
female employee that a male co-worker regularly subjected her to sexual jokes and
100%
Which of the following should be considered when faced with a legal challenge?
I. Imminence and threat level of the challenge
II. Costs of resolving the dispute
III. Business relationships involved
IV. Worst-case scenario
-I, II, and III
-I and II
-I, II, III, and IV
-IV only
-I only - ANSWER-I, II, III, and IV
Which of the following is not part of the analytical model used for legal decisions in
business?
-evaluate alternatives
-use aggressive litigation to limit risk
-assess threat
-analyze using worst-case scenario
-identify the legal issues - ANSWER-use aggressive litigation to limit risk
Most businesses rely on _______ for their corporate legal services.
-the government
-district attorneys
-law firms
-litigators
-in-house counsel - ANSWER-law firms
In the course of her day, O'Connor counsels several business clients on issues
related to start-up ventures in the technology sector. She gives advice related to
incorporation, shareholders agreements, leases, employment contracts, and charges
each client based on her hourly rate. O'Connor is likely to be:
-an assistant district attorney.
-a business attorney working in a law firm.
-vice president and general counsel at a technology company.
-a litigator working in a law firm.
-in-house intellectual property counsel. - ANSWER-a business attorney working in a
law firm.
Maurice is the manager in an office warehouse and receives a complaint from a
female employee that a male co-worker regularly subjected her to sexual jokes and
