BUL Midterm Exam Review Questions
and Answers
Why should ethics be a concern to business? - Answer-all of the above
Wilfred was driving too fast for the icy road conditions and hit Sally's car. Sally can sue Wilfred in
criminal court. - Answer-F
Unethical behavior in an organization can create: - Answer-all of the above
A case citation that reads: Kuehn v. Pub Zone, 364 N.J. Super. 301 (2003) indicates that the case may be
found in the 364th volume of the New Jersey Superior Court reporter, starting at page 301. - Answer-T
A company that engages in unethical behavior may suffer severe consequences. - Answer-T
Advantages of Alternative Dispute Resolution (ADR) include: - Answer-ADR keeps the parties talking
rather than fighting
Jurisdiction is: - Answer-the authority of a court to decide a particular type of case.
, Roxanne was injured when she fell in a hole while walking across her landlord's parking lot. She and her
lawyer hope they can settle the claim. Which of the following statements about settlements is correct? -
Answer-A case can be settled at anytime
In order for a federal court to have jurisdiction, there must be a federal question involved and at least
$75,000 in dispute. - Answer-F
Tina wishes to learn what records the IRS has about her. Under the Freedom of Information Act (FOIA), -
Answer-Tina is entitled to all information the IRS has about her.
If there is a conflict between a state and federal law, generally the federal law will prevail because of
the: - Answer-Supremacy Clause
Administrative agencies exist at the federal, state, and local levels. - Answer-T
Tom sells his father's watch for $100 to Sue. He later finds out from his father that the watch was an
expensive Rolex. Tom wants the watch back. What is the best answer as to what the courts would rule?
- Answer-The court would rule in Sue's favor because courts seldom inquire into the adequacy of
consideration.
Jim told his manager, Lana, that a co-worker, Diane, had been in prison for theft. Lana checked into the
matter and, when she learned that Diane had served time in prison for theft, fired her. - Answer-Jim is
not liable to Diane for defamation.
Adam decided to play a practical joke on Linda, a co-worker. As Linda was leaving the office one night,
Adam, wearing a mask, stepped out from behind some bushes. He pointed a handgun made out of
licorice at her and demanded her purse. He then pushed the candy gun to her head and told her if she
told anybody he'd kill her. Linda was very scared during the whole incident. She did not think it was
funny when Adam pulled the mask off and took a bite out of the gun as he gave her the purse back.
Which statement is correct? - Answer-Adam committed an assault and a battery.
and Answers
Why should ethics be a concern to business? - Answer-all of the above
Wilfred was driving too fast for the icy road conditions and hit Sally's car. Sally can sue Wilfred in
criminal court. - Answer-F
Unethical behavior in an organization can create: - Answer-all of the above
A case citation that reads: Kuehn v. Pub Zone, 364 N.J. Super. 301 (2003) indicates that the case may be
found in the 364th volume of the New Jersey Superior Court reporter, starting at page 301. - Answer-T
A company that engages in unethical behavior may suffer severe consequences. - Answer-T
Advantages of Alternative Dispute Resolution (ADR) include: - Answer-ADR keeps the parties talking
rather than fighting
Jurisdiction is: - Answer-the authority of a court to decide a particular type of case.
, Roxanne was injured when she fell in a hole while walking across her landlord's parking lot. She and her
lawyer hope they can settle the claim. Which of the following statements about settlements is correct? -
Answer-A case can be settled at anytime
In order for a federal court to have jurisdiction, there must be a federal question involved and at least
$75,000 in dispute. - Answer-F
Tina wishes to learn what records the IRS has about her. Under the Freedom of Information Act (FOIA), -
Answer-Tina is entitled to all information the IRS has about her.
If there is a conflict between a state and federal law, generally the federal law will prevail because of
the: - Answer-Supremacy Clause
Administrative agencies exist at the federal, state, and local levels. - Answer-T
Tom sells his father's watch for $100 to Sue. He later finds out from his father that the watch was an
expensive Rolex. Tom wants the watch back. What is the best answer as to what the courts would rule?
- Answer-The court would rule in Sue's favor because courts seldom inquire into the adequacy of
consideration.
Jim told his manager, Lana, that a co-worker, Diane, had been in prison for theft. Lana checked into the
matter and, when she learned that Diane had served time in prison for theft, fired her. - Answer-Jim is
not liable to Diane for defamation.
Adam decided to play a practical joke on Linda, a co-worker. As Linda was leaving the office one night,
Adam, wearing a mask, stepped out from behind some bushes. He pointed a handgun made out of
licorice at her and demanded her purse. He then pushed the candy gun to her head and told her if she
told anybody he'd kill her. Linda was very scared during the whole incident. She did not think it was
funny when Adam pulled the mask off and took a bite out of the gun as he gave her the purse back.
Which statement is correct? - Answer-Adam committed an assault and a battery.
