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BLAW 316 Final Cont. Questions With Complete Solutions

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BLAW 316 Final Cont. Questions With Complete Solutions

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BLAW 316 Final Cont. Questions With Complete Solutions

__________is the process by which secured parties protect
themselves against third parties who may want to settle a debt
out of the same collateral. Correct Answers Perfection

A _________ is formed to control the market and thereby enable
members to sell their goods at higher prices. Correct Answers
seller marketing cooperative

A coach is applying for a job at a local public high school. On
the application it asks, "Are you an alcoholic?" The coach
truthfully answers "Yes" to the question, but the coach has not
had any alcohol since completing rehab four years ago. The
coach is not hired. The coach sues the school under the ADA. Is
it likely that the school will be found to be in violation of the
ADA? Correct Answers Yes, because alcoholism is considered
a disability under the ADA.

A common law doctrine under which either party may terminate
the employment relationship at any time for any reason, unless
doing so violates an employee's statutory or contractual rights.
Correct Answers Employment at Will

A high school coach was hired in the Fall of 2019. The coach is
a drug addict, but has not used drugs since completing rehab in
the Summer of 2015. The coach did not disclose that he was an
addict when he was hired. In October 2019, the coach is arrested
and convicted for driving while under the influence of illegal
drugs. The school fires the coach. The coach then files a lawsuit
against the school claiming discrimination in violation of the

, Americans with Disabilities Act. What is the likely outcome?
Correct Answers The school is able to terminate the coach
because although drug addiction is considered a disability under
the ADA, current illegal drug use is not protected under the
ADA.

A legal document that creates the relationship between the
debtor and secured party regarding the collateral. Correct
Answers Security Agreement

A legal right to property or fixtures that secures payment or
performance of an obligation. Correct Answers Security
Interest

A limited liability company (LLC) combines the tax
characteristics of: Correct Answers a partnership with the
liability of a corporation.

A major difference between a joint venture and a partnership is
that: Correct Answers a joint venture is a one-time association,
whereas a partnership is ongoing.

A private clerical business has four full-time and three part-time
employees. An individual who qualifies as a disabled person
under the ADA applies for a job at the business. The business
decides that they are not going to hire the individual because the
business is unwilling to provide reasonable accommodations to
the disabled applicant. The individual sues the business under
the ADA. Correct Answers The business will likely win
because it has fewer than 15 employees.

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