BUSINESS STUDIES FINAL EXAM 2026 UPDATE QUESTIONS
AND CORRECT VERIFIED ANSWERS ALREADY GRADED A+
(BRAND NEW VISION)
Which of the following is NOT an advantage to plaintiffs alleging racial discrimination and filing
under the civil rights act of 1866 - ANS-Assistance in filing from equal employment
opportunity commission
Ollie leased a building in Old Town. Ollie installed a washer and dryer unit and a new furnace in
the basement of the building with new duct work throughout the building. Upon expiration of
the lease, Ollie intends to remove the washer and dryer, but not the furnace. The washer and
dryer can easily be removed without harming anything. Removal of the furnace, however, will
damage the building. Are the washer, dryer, and furnace fixtures? - ANS-The furnace is a
fixture, but the washer and dryer are not.
You go to a theater to see a play on Saturday evening . You have - ANS-A license to enter a
theater
In 1969, the federal government estimated that consumer products caused 30,000 deaths,
110000 disabling injuries and 20 million trips to the doctor. The product category causing the
majority of harm was - ANS-Children's toys
Ali and Latosha bought a house through a mortgage they secured from their local bank. When
they failed to make their mortgage payments, the bank used _________ to foreclose on the
property and sell it. - ANS-A lien
A landlords substantial interference with a tenants use of the property is considered - ANS-
Constructive eviction
, Christys new office lease states that rent will increase by 2% per year to cover tax increases. This
is known as - ANS-An escalator clause
Which of the following statements express the purpose of the Truth-in-lending Act? - ANS-To
provide consumers with information necessary to make the best credit decision
Which of the following statements is true regarding immigration under Title VII - ANS-It is illegal
for employers to discriminate against non-citizens because "national origin" is a protected
category.
Under the Truth In Lending Act, a lender must disclose all of the following EXCEPT - ANS-The
average percentage rate charged by competitors
If a customer trips and falls over a rip in the carpet in a retail store, who is liable under common
law rules? - ANS-The landlord and the tenant are probably both liable.
Under the Fair and Accurate Credit Transactions Act (FACTA) - ANS-A consumer has the right to
obtain one free credit report every year from each of the three major reporting agencies
Mark signs a periodic tenancy lease at the Rivers edge warehouse for one year. After the year
expires, mark stays in the warehouse and the landlord acquiesces. Mark - ANS-Has another
one-year lease
Paul and Diana are married and own a home. Both of their names are on the mortgage. This is
an example of - ANS-A concurrent estate
The maximum rate of interest for credit transactions is established by - ANS-state law
AND CORRECT VERIFIED ANSWERS ALREADY GRADED A+
(BRAND NEW VISION)
Which of the following is NOT an advantage to plaintiffs alleging racial discrimination and filing
under the civil rights act of 1866 - ANS-Assistance in filing from equal employment
opportunity commission
Ollie leased a building in Old Town. Ollie installed a washer and dryer unit and a new furnace in
the basement of the building with new duct work throughout the building. Upon expiration of
the lease, Ollie intends to remove the washer and dryer, but not the furnace. The washer and
dryer can easily be removed without harming anything. Removal of the furnace, however, will
damage the building. Are the washer, dryer, and furnace fixtures? - ANS-The furnace is a
fixture, but the washer and dryer are not.
You go to a theater to see a play on Saturday evening . You have - ANS-A license to enter a
theater
In 1969, the federal government estimated that consumer products caused 30,000 deaths,
110000 disabling injuries and 20 million trips to the doctor. The product category causing the
majority of harm was - ANS-Children's toys
Ali and Latosha bought a house through a mortgage they secured from their local bank. When
they failed to make their mortgage payments, the bank used _________ to foreclose on the
property and sell it. - ANS-A lien
A landlords substantial interference with a tenants use of the property is considered - ANS-
Constructive eviction
, Christys new office lease states that rent will increase by 2% per year to cover tax increases. This
is known as - ANS-An escalator clause
Which of the following statements express the purpose of the Truth-in-lending Act? - ANS-To
provide consumers with information necessary to make the best credit decision
Which of the following statements is true regarding immigration under Title VII - ANS-It is illegal
for employers to discriminate against non-citizens because "national origin" is a protected
category.
Under the Truth In Lending Act, a lender must disclose all of the following EXCEPT - ANS-The
average percentage rate charged by competitors
If a customer trips and falls over a rip in the carpet in a retail store, who is liable under common
law rules? - ANS-The landlord and the tenant are probably both liable.
Under the Fair and Accurate Credit Transactions Act (FACTA) - ANS-A consumer has the right to
obtain one free credit report every year from each of the three major reporting agencies
Mark signs a periodic tenancy lease at the Rivers edge warehouse for one year. After the year
expires, mark stays in the warehouse and the landlord acquiesces. Mark - ANS-Has another
one-year lease
Paul and Diana are married and own a home. Both of their names are on the mortgage. This is
an example of - ANS-A concurrent estate
The maximum rate of interest for credit transactions is established by - ANS-state law
