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Exam (elaborations)
LEEB CH 11 (Questions with complete answers)
_____ is a portion of a corporation's net income designated by the board of directors and returned to shareholders on a per share basis. 
a. Compensation 
b. Retained earnings 
c. Share 
d. Dividend 
e. Corporate bond correct answers d. Dividend 
 
Which of the following is a disadvantage of sole proprietorships? 
a. It is difficult to create a sole proprietorship. 
b. There is a lack of flexibility. 
c. They have limited liability for business debts. 
d. They have to pay ordinary income tax on...
Exam (elaborations)
Leeb (with 100% correct answers)
PopularBroken Glass correct answers ALWAYS TELL A TEACHER 
NEVER JUST PLACE IT IN THE GARBAGE 
LET PEOPLE AROUND YOU KNOW 
 
GOGGLES correct answers If anything splashes up/explodes your eyes are protected 
 
CHEMICAL SHOWER correct answers If you get a dangerous chemical on you, alert the teacher and I will help 
 
Fire blanket correct answers If there was ever a situation where you/your clothing caught on fire we would cover you/place the fire blanket on you 
 
Fire extinguisher correct answers If th...
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LEEB, Chapter 17 Vocabulary (with 100% correct solutions)
LEEB CH 11 (Questions with complete answers)
LEEB- E1 (Questions with error-free answers)

Exam (elaborations)
LEEB CH 10 (Practice questions with 100% complete answers)
_____ are people who report the illegal activity of their employers or of their organization to authorities. 
a. Tortfeasors 
b. Ombudsmen 
c. Whistleblowers 
d. Hardliners 
e. Safeguarders correct answers c. Whistleblowers 
 
_____ implies that the state must prove the case against the defendant before the government can impose punishment. 
a. Due process 
b. Exclusionary rule 
c. Fair trial 
d. Preponderance of the evidence 
e. Presumption of innocence correct answers e. Presumption of innocen...
Exam (elaborations)
LEEB- E1 (Questions with error-free answers)
The most important source of our law correct answers The U.S. Constitution 
 
State constitutions are a primary source of law. (t/F) correct answers True 
 
Any law based on a constitution is called correct answers constitutional law 
 
The U.S. constitution is correct answers supreme 
 
Hector believes that a law under which he was convicted for a crime violates the Constitution. If ultimately the Supreme Court agrees with him, that law will be declared correct answers unconstitutional 
 
A sec...
Exam (elaborations)
LEEB ch 1-2 quiz (SOLVED!)
Tort law is an exclusive federal law correct answers False 
 
Statutory law is law created by the U.S. Constitution. correct answers false 
 
The power of judicial review makes the U.S. Supreme Court the most powerful judicial body in the world. correct answers True 
 
While all three branches of the government are bound to uphold the Constitution, on all matters relating to the meaning of the Constitution, the ____________________ has the final say. correct answers Supreme Court 
 
The dynamic ...
Exam (elaborations)
LEEB, Chapter 17 Vocabulary (with 100% correct solutions)
articles of organization 372 correct answers To form an LLC, articles of organization must be filed with a central state agency—usually the secretary of state's office [ULLCA 202].4 Typically, the articles must include the name of the business, its principal address, the name and address of a registered agent, the members' names, and how the LLC will be managed [ULLCA 203]. The business's name must include the words Limited Liability Company or the initials LLC [ULLCA 105(a)]. Although a ma...
Exam (elaborations)
LEEB ch 3 quiz (Correctly solved)
A court acting without a direct request from a party is acting: 
a. pro se. 
b. bona fide. 
c. res ipsa loquitur. 
d. sua sponte. 
e. pro hac vice. correct answers d. sua sponte. 
 
A(n) _____ discovery refers to written questions posed by a party to another party. 
a. affidavit 
b. interrogatory 
c. request for admission 
d. deposition 
e. request for production correct answers b. interrogatory 
 
A case in which the plaintiff argues that had she chosen to go into the real estate profession, sh...