JMU COB 318 MCCARTHY TEST 4 |
COMPREHENSIVE BUSINESS STUDY GUIDE,
PRACTICE QUESTIONS & ANSWERS
2026/2027
1 of 123
Term
judicial review
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did administrative body exceed its delegated authority?
in some instances, administrative agencies can do warrantless searches (mainly
issued by administrative law judge) for highly regulated industries
when 1 company integrates all aspects of its business and tries to do everything
itself
, administrative agencies can judge their own rules; done through administrative law
judges (ALJs; are a part of the agency and take an oath to remain unbiased)
Don't know?
2 of 123
Term
territorial distribution, resale price maintenance
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disparate treatment
the 2 vertical restraints (both
1. prima facie case
rule of reason analysis)
2. employer offer valid explanation
1. TD agreements
3. protected individual proves pretext
2. RPM agreements
(proves employer lied in step 2)
deals with discrimination in type of sexual harassment; multiple
employment context, derives from instances of unwanted romantic
Civil Rights Act behavior
Don't know?
, 3 of 123
Term
misappropriation
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theory #3 of insider trading; if you betray trust or confidence of source of
material inside info, you must abstain or disclose
original unions and strikes; yellow dog contracts, pinkertons, labor injunctions,
blacklist
entity has a dominant market share in relevant market and engages in anti-
competitive acts/exhibits anti-competitive intent
congress doesn't have the time or capacity to form all laws + they lack specialization
and expertise; so, the USA is an __ that is made up entirely of unelected
bureaucrats
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, 4 of 123
Term
Sections 2, 3, 8, and 7
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what 4 sections are we
administrative agencies can look at
concerned with in terms of the
physical plant and records on site
Clayton Act?
section of Sarbanes-Oxley Act;
section of Sarbanes-Oxley Act;
routine assessment of internal
CEO/CFO 10-Q review of financials
controls
Don't know?
5 of 123
Term
delegation, rule making, enforcement, adjudication
Give this one a go later!
COMPREHENSIVE BUSINESS STUDY GUIDE,
PRACTICE QUESTIONS & ANSWERS
2026/2027
1 of 123
Term
judicial review
Give this one a go later!
did administrative body exceed its delegated authority?
in some instances, administrative agencies can do warrantless searches (mainly
issued by administrative law judge) for highly regulated industries
when 1 company integrates all aspects of its business and tries to do everything
itself
, administrative agencies can judge their own rules; done through administrative law
judges (ALJs; are a part of the agency and take an oath to remain unbiased)
Don't know?
2 of 123
Term
territorial distribution, resale price maintenance
Give this one a go later!
disparate treatment
the 2 vertical restraints (both
1. prima facie case
rule of reason analysis)
2. employer offer valid explanation
1. TD agreements
3. protected individual proves pretext
2. RPM agreements
(proves employer lied in step 2)
deals with discrimination in type of sexual harassment; multiple
employment context, derives from instances of unwanted romantic
Civil Rights Act behavior
Don't know?
, 3 of 123
Term
misappropriation
Give this one a go later!
theory #3 of insider trading; if you betray trust or confidence of source of
material inside info, you must abstain or disclose
original unions and strikes; yellow dog contracts, pinkertons, labor injunctions,
blacklist
entity has a dominant market share in relevant market and engages in anti-
competitive acts/exhibits anti-competitive intent
congress doesn't have the time or capacity to form all laws + they lack specialization
and expertise; so, the USA is an __ that is made up entirely of unelected
bureaucrats
Don't know?
, 4 of 123
Term
Sections 2, 3, 8, and 7
Give this one a go later!
what 4 sections are we
administrative agencies can look at
concerned with in terms of the
physical plant and records on site
Clayton Act?
section of Sarbanes-Oxley Act;
section of Sarbanes-Oxley Act;
routine assessment of internal
CEO/CFO 10-Q review of financials
controls
Don't know?
5 of 123
Term
delegation, rule making, enforcement, adjudication
Give this one a go later!
