BUL 4310 FINAL COMPREHENSIVE EXAM QUESTIONS
WITH DETAILED VERIFIED AND 100% ACCURATE
ANSWERS BRAND NEW EXAM ALREADY GRADED (A+
PASS)
Sofie and Tiny Inc their beverage container business..... The first board
of directors may be appointed by the firms Ans✓✓✓ Incorporators
Online Defamation Ans✓✓✓ Statements of Opinion are protected under
the 1st amendment, no action taken against them. Statements of fact that
may be damaging to someone is not protected and may lead to
defamation
How to prevent someone from committing online defamation Ans✓✓✓
Discover the identity of the person behind the remarks and obtain a court
order to identify the person responsible for making the remarks from the
internet service provider
Domain Name Ans✓✓✓ Before Bringing a suit, a trademark owner has
to ask the court for a subpoena to discover the identity of the owner of
the infringing Web site
Copyrighted Music Ans✓✓✓ Criminal Penalties for copyright
violations could be imposed only if unauthorized copies were exchanged
for financial gain also for those who exchange unauthorized copies of
copyrighted works without getting a profit which if piracy.
,Company Liability for Providing Information to the Federal Trade
Commission Ans✓✓✓ The FTC: Prevents business from engaging in
unfair trad practices: stops the formation of monopiles in the business
sector: protects consumers rights
Ans✓✓✓ Entities are subject for defamatory content that they publish
or broadcast, even though the content was prepared or created by others
Communication Decency Act Ans✓✓✓ states that no proves or user of
an interactive computer service shall be treated as the publisher or
speaker of any information provided by another information content
provider
Surety Ans✓✓✓ A person, such as the cosigner on a note, who agrees to
be PRIMARILY responsible for the debt of another
Guarantor Ans✓✓✓ A person who agrees to satisfy the debt of another
(the debtor) only after the principal debtor defaults; a guarantor's
liability is thus SECONDARY.
Payment can be sought from either or both jointly Ans✓✓✓
Chapter 7 Bankruptcy(Voluntary/Involuntary) Ans✓✓✓
Liquidation(involved the selling of all nonexempt assets and the
distribution of the proceeds to the debtors creditors)
, Chapter 11 Bankruptcy[Company(voluntary/Involuntary)] Ans✓✓✓
Involves reorganization in which the creditorsan the debtor forumalte a
plan under which the debtor paysa portion ofthe debs and is discharged
of the remainder. The debtor is allows to continue in business
Chapter 13 Bankruptcy[Individual(Voluntary)] Ans✓✓✓ involved
reorganization or "adjustment of Debts of an Individual with Regular
Income" who owe fixed (liquidated) unsecured debts of less than
$383,175 or fixed secured debts of less than $1,149,525
Creditors' Committee Ans✓✓✓ This committee is often composed of
the biggest suppliers to the business. No orders affecting the estate will
be entered without the consent of the committee. FAST TRACK
CHAPTER 11 PROCEDURE allows foe the consent of the committee to
be bypassd if companys debts are less than $2.49 million or they o not
own or manage real estate
Debts that cannot be discharged Ans✓✓✓ --Back taxes acrued within 2
years of filing bankrupcty
-- debt borrowed to pay taxes
--Claims against property or fund obtained by the debtor under false
pretenses or by fakse representation
--Claims by creditors who were not notfied of the bankruptcy
--Claims based on fraud
---Domestic-support concerning divorce or propety settletment
---Retirement Loan Debt
WITH DETAILED VERIFIED AND 100% ACCURATE
ANSWERS BRAND NEW EXAM ALREADY GRADED (A+
PASS)
Sofie and Tiny Inc their beverage container business..... The first board
of directors may be appointed by the firms Ans✓✓✓ Incorporators
Online Defamation Ans✓✓✓ Statements of Opinion are protected under
the 1st amendment, no action taken against them. Statements of fact that
may be damaging to someone is not protected and may lead to
defamation
How to prevent someone from committing online defamation Ans✓✓✓
Discover the identity of the person behind the remarks and obtain a court
order to identify the person responsible for making the remarks from the
internet service provider
Domain Name Ans✓✓✓ Before Bringing a suit, a trademark owner has
to ask the court for a subpoena to discover the identity of the owner of
the infringing Web site
Copyrighted Music Ans✓✓✓ Criminal Penalties for copyright
violations could be imposed only if unauthorized copies were exchanged
for financial gain also for those who exchange unauthorized copies of
copyrighted works without getting a profit which if piracy.
,Company Liability for Providing Information to the Federal Trade
Commission Ans✓✓✓ The FTC: Prevents business from engaging in
unfair trad practices: stops the formation of monopiles in the business
sector: protects consumers rights
Ans✓✓✓ Entities are subject for defamatory content that they publish
or broadcast, even though the content was prepared or created by others
Communication Decency Act Ans✓✓✓ states that no proves or user of
an interactive computer service shall be treated as the publisher or
speaker of any information provided by another information content
provider
Surety Ans✓✓✓ A person, such as the cosigner on a note, who agrees to
be PRIMARILY responsible for the debt of another
Guarantor Ans✓✓✓ A person who agrees to satisfy the debt of another
(the debtor) only after the principal debtor defaults; a guarantor's
liability is thus SECONDARY.
Payment can be sought from either or both jointly Ans✓✓✓
Chapter 7 Bankruptcy(Voluntary/Involuntary) Ans✓✓✓
Liquidation(involved the selling of all nonexempt assets and the
distribution of the proceeds to the debtors creditors)
, Chapter 11 Bankruptcy[Company(voluntary/Involuntary)] Ans✓✓✓
Involves reorganization in which the creditorsan the debtor forumalte a
plan under which the debtor paysa portion ofthe debs and is discharged
of the remainder. The debtor is allows to continue in business
Chapter 13 Bankruptcy[Individual(Voluntary)] Ans✓✓✓ involved
reorganization or "adjustment of Debts of an Individual with Regular
Income" who owe fixed (liquidated) unsecured debts of less than
$383,175 or fixed secured debts of less than $1,149,525
Creditors' Committee Ans✓✓✓ This committee is often composed of
the biggest suppliers to the business. No orders affecting the estate will
be entered without the consent of the committee. FAST TRACK
CHAPTER 11 PROCEDURE allows foe the consent of the committee to
be bypassd if companys debts are less than $2.49 million or they o not
own or manage real estate
Debts that cannot be discharged Ans✓✓✓ --Back taxes acrued within 2
years of filing bankrupcty
-- debt borrowed to pay taxes
--Claims against property or fund obtained by the debtor under false
pretenses or by fakse representation
--Claims by creditors who were not notfied of the bankruptcy
--Claims based on fraud
---Domestic-support concerning divorce or propety settletment
---Retirement Loan Debt
