MGMT 311 EXAM 4/ NEWEST 2025 WITH
COMPLETE QUESTIONS AND CORRECT
VERIFIED ANSWERS/ WELL GRADED
A+//LATEST VERSION
Charlie tells Jamal that Marisol has agreed to allow him to sell her racing bicycle.
Marisol is present at the time, hears the conversation and says nothing. Jamal agrees
with Charlie to buy Marisol's bike. Marisol then refuses to sell the bicycle. Marisol claims
that she is not bound by the agreement formed by Charlie and Jamal, because Charlie
is not her agent. Marisol likely is: - CORRECT ANSWERS-c. bound by the contract
under a theory of agency by estoppel.
Jason instructs his agent Miguel to obtain a piece of artwork from Martina by
threatening to beat her if she refuses to sell the artwork. Miguel follows Jason's
instruction and beats Martina when she refuses to sell the item. In this situation: -
CORRECT ANSWERS-b. both Jason and Miguel are liable for Martina's injuries.
Napoleon owns Napoleon's Construction and agrees to renovate Mrs. Cernan's
bathroom. She will provide him with the plans, and then he will do the work in the
manner that he determines is most cost effective and appropriate. Napoleon is likely to
be classified as: - CORRECT ANSWERS-c. an independent contractor.
Ashley is an eighteen-year-old clerk in a store that sells bird seed. She earns minimum
wage. Her boss, Trina, often expects her to stay and work as many as three hours
longer than her scheduled shift. Trina never pays Ashley for these hours. Ashley is: -
CORRECT ANSWERS-a. entitled not only to be paid for the additional time, but also to
be paid overtime if she works more than forty hours in a week.
Catherine works for BluCorp, which has an employee handbook stating that employees
will be terminated for good cause. Catherine's manager fires her one morning and when
asked the reason, states that he does not need a reason since they live in a state that
has employment at will. If Catherine wins her lawsuit against BluCorp, it is because of
the: - CORRECT ANSWERS-c. contract exception to employment at will.
When Kimberly begins working for Pharmco Industries, the company tells her that at a
future date, after so many years of employment with the company, she can receive
retirement pay. Her rights on that date to receive pay upon retirement would be
considered: - CORRECT ANSWERS-d. vested.
,Byron works at Stitch-Rite Clothing Factory. The company is required to maintain safe
working conditions under the: - CORRECT ANSWERS-a. Occupational Safety and
Health Act.
Sole Proprietorship - CORRECT ANSWERS-the simplest form of business where the
owner is the business, the owner reports income on him/her personal income tax return
and is legally responsible for all debts and obligations incurred by the business
partnership - CORRECT ANSWERS-An agreement by two or more persons to carry on,
as co-owners, a business for profit.
corporation - CORRECT ANSWERS-A legal entity formed in compliance with statutory
requirements that is distinct from its shareholder-owners.
limited partnership - CORRECT ANSWERS-A partnership consisting of one or more
general partners and one or more limited partners.
limited liability company - CORRECT ANSWERS-A hybrid form of business enterprise
that offers the limited liability of the corporation but the tax advantages of a partnership.
limited liability partnership - CORRECT ANSWERS-A form of partnership that allows
professionals to enjoy the tax benefits of a partnership while limiting their personal
liability for the malpractice of other partners.
Dean is not Paul's agent, but Paul tells Charlie that Dean has always been a good friend
and can "handle any of my business affairs." If Dean were to later enter into a contract
with Charlie on Paul's behalf, Dean would be acting under an: - CORRECT ANSWERS-
d. apparent authority.
Sarah has to move from the East Coast to the West Coast for her job. Elmo agrees to
act as Sarah's agent to sell her New York condo. As her agent, Elmo owes Sarah all of
the following duties except: - CORRECT ANSWERS-c. payment.
Yakov hires Melina to be his Vice President for Marketing. The job description is pretty
broad but does not include the ability to hire or terminate lower level employees in the
Marketing division. If Melina has this power, it is based on her: - CORRECT
ANSWERS-d. implied authority.
Selena signs a power of attorney appointing Kim, for the sole purpose of signing
paperwork on her behalf that relates to the sale of her house. The power of attorney will
automatically terminate based on: - CORRECT ANSWERS-d. the purpose being
achieved.
Whitney works at home making unique children's clothes. Liam buys Whitney's clothes
to sell in his store. With respect to Whitney's legal relationship to Liam, she is probably:
- CORRECT ANSWERS-d. an independent contractor.
, Lizzie works for Gary in his dance supply shop and is authorized to sell inventory but
not to order new merchandise. Rena, a sales representative for a new line of
dancewear, comes into the store and Lizzie places an order with her. When Gary learns
the details of Lizzie's purchase, he wants to ratify the contract. The one condition that is
NOT necessary for ratification is: - CORRECT ANSWERS-a. Rena must withdraw from
the transaction before Gary ratifies it.
Gina buys a piece of pottery from Woodward for her principal, Kelvin. If Woodward
knows that Gina is buying the pottery on behalf of someone other than herself but does
not know the identity of that person, Kelvin is: - CORRECT ANSWERS-c. a partially
disclosed principal.
Adam owns a private company and has significant concerns about employees shopping
and accessing pornography while at work, so he buys some filtering software that
blocks shopping and pornography websites. Adam: - CORRECT ANSWERS-c. is within
his rights to do this.
Erin works for a dry-cleaning company that has a contract with the U.S. government. To
save on cleaning fluid, her boss orders her to wash some dry clean-only clothes in a
washing machine. When the courier hired to pick up the cleaned garments arrives, Erin
tells him about her boss's actions. Erin tells no one else about what is going on and is
later fired. Erin: - CORRECT ANSWERS-a. is not protected by the Federal
whistleblower statute, because she failed to inform the proper party of the contract
violation.
Michael creates a new company and wants to attract quality employees, so he
establishes a retirement plan. The law regulating this activity is: - CORRECT
ANSWERS-a. ERISA.
Josh works for a federal governmental agency that requires drug testing as a condition
of employment. He wants to challenge the constitutionality of the testing in court. For his
case, Josh will attempt to rely on: - CORRECT ANSWERS-a. the Fourth Amendment.
When the timber industry in Montana experiences an economic slump, Superior
Logging Co. is forced to lay off a number of its employees, including Larry Kurzyniec.
Larry, who had been logging for over eighteen years, suffers from heart disease, high
blood pressure, and diabetes. His wife is worried that the family's health-insurance
coverage, which is through Superior Logging, will be canceled. Larry learns that he has
a right to extend his insurance benefits, however, if he pays the premiums under: -
CORRECT ANSWERS-a. COBRA.
Choice is the largest employer in the Pacific Northwest. It is covered by numerous
federal employment laws. As such, it is required by the Family and Medical Leave Act of
1993 to provide employees with up to - CORRECT ANSWERS-d. twelve weeks of
unpaid family or medical leave during any twelve-month period.
COMPLETE QUESTIONS AND CORRECT
VERIFIED ANSWERS/ WELL GRADED
A+//LATEST VERSION
Charlie tells Jamal that Marisol has agreed to allow him to sell her racing bicycle.
Marisol is present at the time, hears the conversation and says nothing. Jamal agrees
with Charlie to buy Marisol's bike. Marisol then refuses to sell the bicycle. Marisol claims
that she is not bound by the agreement formed by Charlie and Jamal, because Charlie
is not her agent. Marisol likely is: - CORRECT ANSWERS-c. bound by the contract
under a theory of agency by estoppel.
Jason instructs his agent Miguel to obtain a piece of artwork from Martina by
threatening to beat her if she refuses to sell the artwork. Miguel follows Jason's
instruction and beats Martina when she refuses to sell the item. In this situation: -
CORRECT ANSWERS-b. both Jason and Miguel are liable for Martina's injuries.
Napoleon owns Napoleon's Construction and agrees to renovate Mrs. Cernan's
bathroom. She will provide him with the plans, and then he will do the work in the
manner that he determines is most cost effective and appropriate. Napoleon is likely to
be classified as: - CORRECT ANSWERS-c. an independent contractor.
Ashley is an eighteen-year-old clerk in a store that sells bird seed. She earns minimum
wage. Her boss, Trina, often expects her to stay and work as many as three hours
longer than her scheduled shift. Trina never pays Ashley for these hours. Ashley is: -
CORRECT ANSWERS-a. entitled not only to be paid for the additional time, but also to
be paid overtime if she works more than forty hours in a week.
Catherine works for BluCorp, which has an employee handbook stating that employees
will be terminated for good cause. Catherine's manager fires her one morning and when
asked the reason, states that he does not need a reason since they live in a state that
has employment at will. If Catherine wins her lawsuit against BluCorp, it is because of
the: - CORRECT ANSWERS-c. contract exception to employment at will.
When Kimberly begins working for Pharmco Industries, the company tells her that at a
future date, after so many years of employment with the company, she can receive
retirement pay. Her rights on that date to receive pay upon retirement would be
considered: - CORRECT ANSWERS-d. vested.
,Byron works at Stitch-Rite Clothing Factory. The company is required to maintain safe
working conditions under the: - CORRECT ANSWERS-a. Occupational Safety and
Health Act.
Sole Proprietorship - CORRECT ANSWERS-the simplest form of business where the
owner is the business, the owner reports income on him/her personal income tax return
and is legally responsible for all debts and obligations incurred by the business
partnership - CORRECT ANSWERS-An agreement by two or more persons to carry on,
as co-owners, a business for profit.
corporation - CORRECT ANSWERS-A legal entity formed in compliance with statutory
requirements that is distinct from its shareholder-owners.
limited partnership - CORRECT ANSWERS-A partnership consisting of one or more
general partners and one or more limited partners.
limited liability company - CORRECT ANSWERS-A hybrid form of business enterprise
that offers the limited liability of the corporation but the tax advantages of a partnership.
limited liability partnership - CORRECT ANSWERS-A form of partnership that allows
professionals to enjoy the tax benefits of a partnership while limiting their personal
liability for the malpractice of other partners.
Dean is not Paul's agent, but Paul tells Charlie that Dean has always been a good friend
and can "handle any of my business affairs." If Dean were to later enter into a contract
with Charlie on Paul's behalf, Dean would be acting under an: - CORRECT ANSWERS-
d. apparent authority.
Sarah has to move from the East Coast to the West Coast for her job. Elmo agrees to
act as Sarah's agent to sell her New York condo. As her agent, Elmo owes Sarah all of
the following duties except: - CORRECT ANSWERS-c. payment.
Yakov hires Melina to be his Vice President for Marketing. The job description is pretty
broad but does not include the ability to hire or terminate lower level employees in the
Marketing division. If Melina has this power, it is based on her: - CORRECT
ANSWERS-d. implied authority.
Selena signs a power of attorney appointing Kim, for the sole purpose of signing
paperwork on her behalf that relates to the sale of her house. The power of attorney will
automatically terminate based on: - CORRECT ANSWERS-d. the purpose being
achieved.
Whitney works at home making unique children's clothes. Liam buys Whitney's clothes
to sell in his store. With respect to Whitney's legal relationship to Liam, she is probably:
- CORRECT ANSWERS-d. an independent contractor.
, Lizzie works for Gary in his dance supply shop and is authorized to sell inventory but
not to order new merchandise. Rena, a sales representative for a new line of
dancewear, comes into the store and Lizzie places an order with her. When Gary learns
the details of Lizzie's purchase, he wants to ratify the contract. The one condition that is
NOT necessary for ratification is: - CORRECT ANSWERS-a. Rena must withdraw from
the transaction before Gary ratifies it.
Gina buys a piece of pottery from Woodward for her principal, Kelvin. If Woodward
knows that Gina is buying the pottery on behalf of someone other than herself but does
not know the identity of that person, Kelvin is: - CORRECT ANSWERS-c. a partially
disclosed principal.
Adam owns a private company and has significant concerns about employees shopping
and accessing pornography while at work, so he buys some filtering software that
blocks shopping and pornography websites. Adam: - CORRECT ANSWERS-c. is within
his rights to do this.
Erin works for a dry-cleaning company that has a contract with the U.S. government. To
save on cleaning fluid, her boss orders her to wash some dry clean-only clothes in a
washing machine. When the courier hired to pick up the cleaned garments arrives, Erin
tells him about her boss's actions. Erin tells no one else about what is going on and is
later fired. Erin: - CORRECT ANSWERS-a. is not protected by the Federal
whistleblower statute, because she failed to inform the proper party of the contract
violation.
Michael creates a new company and wants to attract quality employees, so he
establishes a retirement plan. The law regulating this activity is: - CORRECT
ANSWERS-a. ERISA.
Josh works for a federal governmental agency that requires drug testing as a condition
of employment. He wants to challenge the constitutionality of the testing in court. For his
case, Josh will attempt to rely on: - CORRECT ANSWERS-a. the Fourth Amendment.
When the timber industry in Montana experiences an economic slump, Superior
Logging Co. is forced to lay off a number of its employees, including Larry Kurzyniec.
Larry, who had been logging for over eighteen years, suffers from heart disease, high
blood pressure, and diabetes. His wife is worried that the family's health-insurance
coverage, which is through Superior Logging, will be canceled. Larry learns that he has
a right to extend his insurance benefits, however, if he pays the premiums under: -
CORRECT ANSWERS-a. COBRA.
Choice is the largest employer in the Pacific Northwest. It is covered by numerous
federal employment laws. As such, it is required by the Family and Medical Leave Act of
1993 to provide employees with up to - CORRECT ANSWERS-d. twelve weeks of
unpaid family or medical leave during any twelve-month period.
