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Exam (elaborations)

MGMT 200 FINAL QUESTIONS WITH COMPLETE ANSWERS

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MGMT 200 FINAL QUESTIONS WITH COMPLETE ANSWERS












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Uploaded on
April 14, 2025
Number of pages
36
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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baseball, labor unions, agricultural co-ops, and insurance (regulated by state)


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shielded from anti-trust




false claims act, from post-Civil War period, all those doing business with government
can't make crazy high prices, if someone is the whistle blower and gov gets back

,money then they get 15-20% of collection


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qui tam




product misuse, assumption of risk, smart user, federal preemption, statute of repose,
state of art defense


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defenses to product liablity




"the thing speaks for itself", jury can find defendant liable because event wouldn't
have happened without negligence (airplane crash)


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res ipsa loquitur




not always illegal, just when you abuse the power; may be barriers to entry; focus on
how much control they have and how they try to keep it; gov stopped big merger of
health care co because would have been too powerful


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monopolies

,during marriage, everything gained is shared between the two


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community property




180 days, for unequal pay it's 180 days after each unequal paycheck (thanks Obama)


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discrimination statute of limitations




gov: only for reasonable suspicion or threat to public safety (pilots)
private: no restrictions, but may be state laws against it


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drug testing at work




trying to reduce large accounting firms from engaging in bad conduct; Public
Company Accounting Oversight Board, auditor independence and rotating audit
partners, corporate responsibility means responsibility for accuracy of reports, fraud
accountability, white collar crime penalty increased, corporate tax returns


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, SOX (Sarbanes-Oxley)




corporations do not have the right to remain silent, could hurt employees and make
them guilty but must disclose, required to surrender documents an individual wouldn't
have to


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fifth amendment




ordinary care expected of someone


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duty of care




actual damages; special damages (out of pocket costs) and general (pain and
suffering)


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compensatory damages




"you'll get fired unless"

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