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UARK Law and Ethics OMGT 4313 Exam Questions with Correct Answers | Verified Solutions

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UARK Law and Ethics OMGT 4313 Exam Questions with Correct Answers | Verified Solutions

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UARK Law and Ethics OMGT 4313 Exam Questions with Correct Answers |
Verified Solutions

A purpose of the Madrid Protocol was to: - ✔✔Reduce the costs of obtaining
protection for trademarks in multiple foreign countries.


Arthur wrote a poem in 2015. It was published in 2016. He died in 2017. When
will Arthur's poem enter the public domain? - ✔✔2087


Article 1 of the Constitution establishes the Congress. It also grants to Congress
the power "to regulate Commerce with foreign Nations, and among the several
States, and with the Indian Tribes." What is the common name for this clause? -
✔✔Commerce clause


Dr. Thomas received negative anonymous reviews on doctor.com. Dr. Thomas
asserts these reviews are defamatory. May Dr. Thomas uncover the true
identity of these anonymous reviewers? - ✔✔It is likely a court would order the
internet service provider (ISP) to turn over the identities of the anonymous
reviewers.


During litigation, when may new evidence be offered? - ✔✔During trial only


Each state has its own set of laws. If the laws from states are very different this
creates problems for businesses working in multiple states. To help create
uniformity and consistency in laws among the states, a group of legal scholars
and lawyers issues model statutes for states to consider adopting. What is
another name for these "model statutes?" - ✔✔uniform laws


Every lawsuit begins in a _________________. - ✔✔Trial Court

, Has the U.S. Congress passed any laws to protect the privacy of individuals? -
✔✔Yes, e.g. the Health Insurance Portability and Accountability Act


If a district attorney (lawyer for government) brings a lawsuit against a person
for stealing cars, what is the classification of this lawsuit? - ✔✔Criminal


If a federal administrative agency asserts a company has violated a regulation,
how may the agency resolve that violation? - ✔✔agency adjudication by an ALJ
or settlement


In April, 2011, New York City regulators passed a law requiring buildings to
convert to cleaner forms of heating fuel by 2015. What was the result? -
✔✔Thousands of buildings ceased using No. 6 oil (the dirtiest fuel used in NYC in
2011) and converted to cleaner fuel by the 2015 deadline.


In instances of diversity subject-matter jurisdiction, both the federal and state
courts have power to hear the case. This is called ____________________
jurisdiction. - ✔✔concurrent


Integrity Accounting Firm ("IAF") prepared financial statements to be filed with
the SEC related to the sale of shares of Bad Corp. Mary bought shares of Bad
Corp., suffered a loss, and is now suing IAF, alleging IAF violated accounting
laws. At trial, IAF must prove it exercised due diligence in preparing the financial
statements by showing ________. - ✔✔IAF conducted a reasonable
investigation and had reasonable grounds to believe (and did believe) the
financial statements was true and was not missing material facts.

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