BUL 3130 Final Exam Questions & Answers Solved 100% Correct!!

The concept of bargaining is that the terms and conditions of employment that result from negotiations that apply to all employees in a bargaining unit. This concept is commonly referred to as a. Collective bargaining b. Unionization c. Featherbedding d. Genius - Answer-A 2. Intent, consideration, legal subject matter, ____________, capacity, and offer are the elements of any contract a. Coalition b. Argumentative c. Acceptance d. None of the above - Answer-C 3. What do the Bill of Rights consist of a. First ten amendments b. First ten commandments c. First twenty amendments d. The entire constitution - Answer-A 4. Which of the following would result if the 5th amendment had never been passed a. The right to due process of law would not apply to actions of privatepersons b. Equal protection of law would apply more fully and effectively in tort law c. The 6th amendment pretty much says the same thing, so there would be no difference d. The Federal Government would not have to give a citizen due process of law - Answer-D 5. What is the highest form of property ownership a. Life estate b. Fee simple absolute c. Simple fee d. Absolute vodka on the day after finals b. False - Answer-B 6. A deed a. Transfers an identifiable interest in an item from one person to another person b. Refers strictly to the transfer of real estate and is required to be written in order c. Is required to be written and applies to real and personal property d. None of the above - Answer-B7. A designated work area legally means you do not have a right of expecting privacy. Your employer can visit your computer, internet transactions, and emails. a. True b. false - Answer-A 8. Under what doctrine of law can a foreign government take all the property of an International Corporation a. Terra firma and condemnation b. Stealing and burglary c. Confiscation and expropriation d. The "I can do whatever I want because it's my country" doctrine - Answer-C 9. What is SEC Rule 10b-5? a. An SEC rule that directly relates to insider trading b. An SEC rule that pertains to security trading c. An SEC rule that prohibits, and makes illegal any untrue statement of a material fact or the omission of such a fact in security trading, purchases and sales d. An SEC rule that states that only one foot must be in bounds in order for a catch to be ruled a completion - Answer-D 10. Probable cause is requireda. At time of arrest, at time of a search and/or arrest warrant issuing, at time court binds someone over for trial b. At time a search and/or arrest warrant is issued, at time of arrest without a warrant, at time of adhering to the 14th amendment c. At time of binding someone over for tiral, at time of an inquiry by a government agent, at time of preliminary hearing d. None of the above - Answer-A 11. Price discrimination is when prices are set in a way that a. Has different prices being paid by two different and competing buyers for identical products only b. Has different prices being paid by two different and competing buyers for identical services only c. Has different prices being paid by two different and competing buyers for identical products or services d. Are discriminatory based on color of product, country in which product is made, etc. - Answer-C 12. Laws are a. Rules that govern the conduct of all "people" (people as defined in class/life means, you and me as individuals, corporations,businesses, governments - Federal, state, and local) in society and are enforceable against each, even if the mandates of the US constitution are note followed.b. Made to be broken c. A set of rules that are implied from the common law of England are not commonly followed in America Today d. a and b only - Answer-D