BUL4421 midterm Verified Exam Questions and Answers Latest
update 2026/2027
Question:
Which of the following are types of due process?
Answer:
Procedural and substantive
Question:
The first _____ amendments to the U.S. Constitution are known as the Bill of Rights.
Answer:
Ten
Question:
if a law prevents individuals from exercising a fundamental right, the law will be subject to_.
Answer:
Strict scrutiny
Question:
Why must federal legislation that affects business be based on expressed constitutional grant of
authority?
Answer:
Because the federal government has only those powers granted to it by the Constitution.
Question:
Why must federal legislation that affects business be based on expressed constitutional grant of
authority?
Answer:
Because the federal government has only those powers granted to it by the Constitution.
Question:
Which of the following is true regarding the Fifth Amendment's protection against selfincrimination?
Answer:
A person does not have to be e a a witness against himself or herself in a criminal case.
, Question:
When can government agents obtain a search warrant?
Answer:
When they can establish probable cause
Question:
A[n] clause has been defined as one i which the terms are "manifestly unfair or oppressive and are
dictated by a dominant party."
Answer:
Unconscionable
Question:
When is an arbitrator's decision called an "award"?
Answer:
Always
Question:
A(n) is a provision in a contract that mandates that all disputes arising under the contract must be
settled by arbitration.
Answer:
Binding arbitration clause
Question:
Which of the following is true regarding the remedy if a party does not abide by an agreement reached
in mediation?
Answer:
The remedy is sue for breach of contract.
Question:
According to the text, positive points of arbitration involve(s) which of the following?
Answer:
Arbitration is generally less expensive than litigation.
Question:
Which of the following is true regarding the use of legal counsel at arbitration proceedings?
Answer:
.It is up to each of the parties. They may have legal counsel, or they may not.
update 2026/2027
Question:
Which of the following are types of due process?
Answer:
Procedural and substantive
Question:
The first _____ amendments to the U.S. Constitution are known as the Bill of Rights.
Answer:
Ten
Question:
if a law prevents individuals from exercising a fundamental right, the law will be subject to_.
Answer:
Strict scrutiny
Question:
Why must federal legislation that affects business be based on expressed constitutional grant of
authority?
Answer:
Because the federal government has only those powers granted to it by the Constitution.
Question:
Why must federal legislation that affects business be based on expressed constitutional grant of
authority?
Answer:
Because the federal government has only those powers granted to it by the Constitution.
Question:
Which of the following is true regarding the Fifth Amendment's protection against selfincrimination?
Answer:
A person does not have to be e a a witness against himself or herself in a criminal case.
, Question:
When can government agents obtain a search warrant?
Answer:
When they can establish probable cause
Question:
A[n] clause has been defined as one i which the terms are "manifestly unfair or oppressive and are
dictated by a dominant party."
Answer:
Unconscionable
Question:
When is an arbitrator's decision called an "award"?
Answer:
Always
Question:
A(n) is a provision in a contract that mandates that all disputes arising under the contract must be
settled by arbitration.
Answer:
Binding arbitration clause
Question:
Which of the following is true regarding the remedy if a party does not abide by an agreement reached
in mediation?
Answer:
The remedy is sue for breach of contract.
Question:
According to the text, positive points of arbitration involve(s) which of the following?
Answer:
Arbitration is generally less expensive than litigation.
Question:
Which of the following is true regarding the use of legal counsel at arbitration proceedings?
Answer:
.It is up to each of the parties. They may have legal counsel, or they may not.
