ACCT 311 Final Exam Questions and Answers Latest Update 2025 Already Passed

ACCT 311 Final Exam Questions and Answers Latest Update 2025 Already Passed Common law refers to.. - Answers Law made when judges decide cases and then follow those decisions in later cases Administrative law - Answers The Bay City Planning Department, the Coastal County Zoning Commission, the Delaware Environmental Quality Agency, and the US Bureau of Land Management issue regulations. These rules constitute.. Specific performance - Answers Maggie and Nate enter into a contract for the sale of a car, but Nate later refuses to deliver the car. Maggie asks a court to order Nate to perform as promised. Ordering a party to perform what was promised is... The plaintiff - Answers Jane enters into a contract with Jill t provide 100 roses for a dinner party. Jill fails to deliver the roses. Jane initiates a suit against Jill, asking the court to order Til to refund Jane's payment. Jane is... Wongs committed against the public as a whole - Answers Beth is the victim of Carl's violation of a criminal law. Criminal law is concerned with... the number of the volume in the official reports of the court's decisions - Answers The Nebraska Supreme Court issues an opinion that be found at Neb. 88, 825 N.W. 2d 429. "285" is the... Administrative law - Answers The Occupational Safety and Health Administration promulgates a rule requiring warehouse employees to wear hardhats when in the vicinity of an operating forklift. The purpose of the hardhats is to protect employees from danger of falling objects. This rule is... Stare Decisis - Answers In 1992, the North Carolina Supreme Court ruled in a case titled Goodman v. Wenco Foods Inc. that when a substance in food causes injury to the consumer of the food, it is not a var to recovery against the seller that the substance was natural to the food. If, in a 2008 case involving a customers injury caused by a fish bone in a bowl of fish chowder, the court followed the decision in Goodman v. Wenco the courts action int he second case is an example of... Legal Positivism - Answers Henry David Thoreau felt that the war was unjust and therefore refused to pay taxes when eh US declared war on Mexico. If Thoreau's neighbors agreed that the war was unjust but paid his taxes because the law required him to pay the tax, the neighbor would be applying the jurisprudence theory of... Void laws passed by congress - Answers The US Supreme Court has the power to... Gretta hit Rita in a bar during happy hour. Rita is nw suing her for injuries - Answers Which of the following would be an example of a civil lawsuit? The study of how people should behave - Answers What is ethics? Milton Friedman - Answers The observation that "The one and only responsibility of business is to increase its profits" can be attributed to: It creates a workplace that is cynical and resentful - Answers How does unethical behavior in an organization affect its workforce? The categorical imperative - Answers According to Immanuel Kant, the truth should be told no matter the outcome. This is the idea behind what he called... Individual - Answers Theo believes that everyone must develop his or her own ethical rules. So, whereas he believes that gay marriage should be legal, he understand that other people may feel differently. Theo would be considered to be an ________ relativist. Reason for doing something - Answers When evaluating the right decision, deontological ethics bases its value on the... Conformity - Answers Jamal was recently hired as a sales representative for a pharmaceutical company. He notices that all the other sales reps "pad" their expense accounts by claiming meals with clients that never took place and then pocket the extra money. Jamal figures that since everyone else is cheating on their expense accounts, he might as well do the same. What ethics trap is Jamal falling into? The most people - Answers Ross, a research manager for Stock and Bonds Investments, Inc. adheres to utilitarian ethics. Ross will determine that an action is morally correct when it creates the greatest good for... A palter - Answers your coworker Bill comes into he office and tells you that he is going to play "hooky" and golfing believing that the boss will think he is out calling on clients. When your boss comes in, he asks you where Bill is, and you reply, "I saw him earlier this morning, but I haven't seen him lately." What would Kant call this misleading statement? Do not trust your first instincts - Answers Your text outlines three practices to help us avoid ethical traps: slow down, remember your Life Principles, and... John Stuart Mill - Answers Which of the following wrote the book Utilitarianism and believed the ethical actions should "generate the greatest food for the greatest number"? Operating a factory dangerously - Answers For which of the following activities can a foreign sovereign be sued? No, Austria is violating the WTO's most favored nations rule - Answers Austria, Indonesia, and Columbia are all members of the WTO. If Austria imposes a tariff in imports of coffee beans form Columbia but not from Indonesia, is it in violation of WTO principles? Gharar - Answers Which principle of Islamic law prohibits any contract gain that is not clearly outlined at the time of contract, especially when it involves risk and deception? A waiver of immunity - Answers An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable amount, so the manufacturer wants to protect itself should the foreign government refuse to pay for the equipment once it has been delivered. What should the American manufacturer insist upon having if it wants to protect its right to sue the government in the even that it does not pay for