Legal Aspects Final Exam ACTUAL
UPDATED Exam Questions and CORRECT
Answers
The court system is made up of the state, federal, and administrative courts. - CORRECT
ANSWER - True
Diversity of citizenship jurisdiction means a case can be heard in either the state or federal court
system. - CORRECT ANSWER - False
To host the Super Bowl, which of the following contracts would most likely be involved? -
CORRECT ANSWER - event contract
The source of law coming from the executive branch of government is known as
___________________ - CORRECT ANSWER -
A car dealer offers a new car to any participant registered in a golf tournament who hits a hole-
in-one on the 12th This is an example of a(n): - CORRECT ANSWER -
Under mandatory arbitration the decision is usually binding. - CORRECT ANSWER -
True
A plaintiff is the party that is being sued. - CORRECT ANSWER - False
The location of a special event is the most critical detail to hosting any sporting event which
makes a __________________ the most widely used secondary event contract. - CORRECT
ANSWER - rental/lease agreement
Following the filing of a complaint and defendant's answer, the litigants to a case enter what
phase?
,_________________________ - CORRECT ANSWER -
________________________ allows the legal researcher to track a court decision and determine
whether or not it is still good law.
Fill in the blank - CORRECT ANSWER -
Scheduling of games and competitive contests is one of the easiest and most common tasks of
the sport manager. - CORRECT ANSWER - False
A counteroffer is the same as acceptance with flexibility to tweak the terms of the contract. -
CORRECT ANSWER - False
In order for the U. S. Supreme Court to hear a party's case, what must first be requested? -
CORRECT ANSWER - Certiorari
a statute is best defined as: - CORRECT ANSWER - Written law adopted by legislatures
Persuasive precedent exists within a specific court system and must be followed by all courts at
the same or lower level. - CORRECT ANSWER - False
Two universities, one a member of a large conference and the other a HBC, strike an agreement
for their basketball teams to play one another for the next two years with both contests scheduled
to take place at the campus of the large conference school. The HBC will receive $50,000 if it
agrees to the offer. This type of contract is called a(n) ____________________. - CORRECT
ANSWER - guarantee game contract
An express contract must be in writing to be legally valid. - CORRECT ANSWER - False
, The most common U. S. Business structure and easiest for an individual to start and maintain is a
limited liability company. - CORRECT ANSWER - False
A document that sets forth the basic principles of government including limits on government
power is called: - CORRECT ANSWER - A constitution
A legally binding contract has four main elements: offer, acceptance, consideration, and intent to
form a legal relationship. - CORRECT ANSWER - True
What is the court of origin within the federal court system? - CORRECT ANSWER -
District
Subject matter jurisdiction is the authority of the court over the parties in the case. - CORRECT
ANSWER - False
A rollover provision allows the coach to extend his contract for extra years, usually after an
unsuccessful season, with the mutual agreement of the organization. - CORRECT
ANSWER - False
The monetary compensation awarded by a judge or a jury reflecting the actual value of the loss
by the plaintiff is called actual damages. - CORRECT ANSWER - False
Agreements which do not contain mutual exchange of value are void for lack of consideration
with the exception of _________________. - CORRECT ANSWER -
A sponsorship of a sporting event is essentially the same as a corporate donation. - CORRECT
ANSWER - False
Gordon called Townhouse Hotel and made a reservation for the following weekend. In contract
terms, she agreed to pay for a room on her credit card in return for the hotel reserving a room for
her on the specified dates. When Mrs. Gordon arrived at the hotel, the reservation clerk informed
UPDATED Exam Questions and CORRECT
Answers
The court system is made up of the state, federal, and administrative courts. - CORRECT
ANSWER - True
Diversity of citizenship jurisdiction means a case can be heard in either the state or federal court
system. - CORRECT ANSWER - False
To host the Super Bowl, which of the following contracts would most likely be involved? -
CORRECT ANSWER - event contract
The source of law coming from the executive branch of government is known as
___________________ - CORRECT ANSWER -
A car dealer offers a new car to any participant registered in a golf tournament who hits a hole-
in-one on the 12th This is an example of a(n): - CORRECT ANSWER -
Under mandatory arbitration the decision is usually binding. - CORRECT ANSWER -
True
A plaintiff is the party that is being sued. - CORRECT ANSWER - False
The location of a special event is the most critical detail to hosting any sporting event which
makes a __________________ the most widely used secondary event contract. - CORRECT
ANSWER - rental/lease agreement
Following the filing of a complaint and defendant's answer, the litigants to a case enter what
phase?
,_________________________ - CORRECT ANSWER -
________________________ allows the legal researcher to track a court decision and determine
whether or not it is still good law.
Fill in the blank - CORRECT ANSWER -
Scheduling of games and competitive contests is one of the easiest and most common tasks of
the sport manager. - CORRECT ANSWER - False
A counteroffer is the same as acceptance with flexibility to tweak the terms of the contract. -
CORRECT ANSWER - False
In order for the U. S. Supreme Court to hear a party's case, what must first be requested? -
CORRECT ANSWER - Certiorari
a statute is best defined as: - CORRECT ANSWER - Written law adopted by legislatures
Persuasive precedent exists within a specific court system and must be followed by all courts at
the same or lower level. - CORRECT ANSWER - False
Two universities, one a member of a large conference and the other a HBC, strike an agreement
for their basketball teams to play one another for the next two years with both contests scheduled
to take place at the campus of the large conference school. The HBC will receive $50,000 if it
agrees to the offer. This type of contract is called a(n) ____________________. - CORRECT
ANSWER - guarantee game contract
An express contract must be in writing to be legally valid. - CORRECT ANSWER - False
, The most common U. S. Business structure and easiest for an individual to start and maintain is a
limited liability company. - CORRECT ANSWER - False
A document that sets forth the basic principles of government including limits on government
power is called: - CORRECT ANSWER - A constitution
A legally binding contract has four main elements: offer, acceptance, consideration, and intent to
form a legal relationship. - CORRECT ANSWER - True
What is the court of origin within the federal court system? - CORRECT ANSWER -
District
Subject matter jurisdiction is the authority of the court over the parties in the case. - CORRECT
ANSWER - False
A rollover provision allows the coach to extend his contract for extra years, usually after an
unsuccessful season, with the mutual agreement of the organization. - CORRECT
ANSWER - False
The monetary compensation awarded by a judge or a jury reflecting the actual value of the loss
by the plaintiff is called actual damages. - CORRECT ANSWER - False
Agreements which do not contain mutual exchange of value are void for lack of consideration
with the exception of _________________. - CORRECT ANSWER -
A sponsorship of a sporting event is essentially the same as a corporate donation. - CORRECT
ANSWER - False
Gordon called Townhouse Hotel and made a reservation for the following weekend. In contract
terms, she agreed to pay for a room on her credit card in return for the hotel reserving a room for
her on the specified dates. When Mrs. Gordon arrived at the hotel, the reservation clerk informed
