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production mix: what production mix will provide the most profit given our constraints? Ans: Linear programming groupings: which participants belong together naturally? -mostly used for marketing/data mining techniques Ans: Cluster analysis what's the best decision based on estimated value of every opportunity that we have? -when making financial decisions. Ans: Decision tree 1. t-test (t-stat) 2. anova (f-value) 4. time series (r-squared) 5. chi-square (x2) 3. regr...

Contract Ans: A promise or set of promises which the law provides remedies for a breach. What are the four aspects of a contract? Ans: Agreement Consideration Capacity Legal Object What two things make up an agreement Ans: Offer & Acceptance What is consideration? Ans: Bargained-for exchange. Quid pro quo exchange. What is capacity? Ans: Legal ability to enter into a contract Objective Theory of Contracts Ans: Contracts are not based on the internal thoughts o...

Jurisdiction Ans: The authority of a court to hear a case/render decisions apellate court Ans: a court with the authority to review lower court decisions. Plaintiff Ans: One who begins a lawsuit Defendant Ans: an individual or group being sued or charged with a crime concurrent jurisdiction Structure of Federal Court System Ans: *District Courts (original jurisdiction) *Courts of Appeal (appellate jurisdiction) venue Ans: authority for both state and federal court...

Business Law Ans: Enforceable rules of conduct on commercial relationships. Public Law Ans: Controls disputes between private individuals/groups and their government. Private Law Ans: Regulates disputes between private individuals/groups. Case Law Ans: Legal interpretations made by judges, which are law unless revoked by new statutory law. Constitutions and Statutes Civil Law Criminal Law Ans: Legal frameworks that do not cover all detailed rules between governme...

Relevant areas of business law applicable to human recourse management involve (4): Ans: agency law, contracts, employment and labor law, employment discrimination hierarchy of laws Ans: -U.S. Constitution -Federal Statutes -State Constitution -State Statutes -Common Law common law stare decisis natural law Ans: collection of legal interpretations made by judges, and are law unless revoked by new statutory law Ans: when courts rely on precedent, they are obeying this pr...

contract Ans: A promise or a set of promises for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty. Consideration Ans: the bargained-for exchange or what each party gets in exchange for his or her promise under the contract objective theory of contracts Ans: we base the existence of a contract on the parties' outward manifestations of intent and we base its interpretation on how a reasonable person would int...

CHAPTER 13: Introduction to Contracts Ans: CHAPTER 13: Introduction to Contracts Four Elements of a Contract: CLAC Ans: 1. Contractual Capacity 2. Legal Object 3. Agreement (offer, acceptance) 4. Consideration Contract Ans: -A promise or set of legally enforceable promises for the breach of which the law gives a remedy or the performance of which the law in some way recognizes a duty. Agreement Ans: (Offer & Acceptance) Consideration Offer by Oferror to enter int...

BUL 4421 Final Exam Questions and Verified Answers

a large construction company has purchased a piece of property and a small suburban community that values historic preservation. The piece of property contains buildings that have significant historic value to the town, however, the law does not provide any protection that requires perservation of the buildings. A socially responsible Construction Company would probably Ans: work with the community leaders to find a compromise for use of the buildings, while preserving historic feat...

Which of the following are types of due process? Ans: Procedural and substantive The first _____ amendments to the U.S. Constitution are known as the Bill of Rights. Ans: Ten if a law prevents individuals from exercising a fundamental right, the law will be subject to_. Ans: Strict scrutiny Why must federal legislation that affects business be based on expressed constitutional grant of authority? Ans: Because the federal government has only those powers granted to it by ...

zygote Ans: A one-celled organism formed by the union of a sperm and an egg. cleavage Ans: equal divisions of the cells of the zygote without any increase in size blastocyst Ans: an early stage of embryo development zona pellucida Ans: Inner layer of cells surrounding the oocyte, secreted by follicle cells. polyspermy Ans: condition in which more than one sperm fertilizes an egg acrosome implantation Ans: the cap found on sperm cells, containing enzymes that permit ...

Gregor Mendel Ans: Father of genetics, studied pea plants. Catholic heredity Ans: transmission of characteristics from parents to offspring. dominant Ans: A trait that will always appear if that allele is present. recessive Ans: A trait that is masked by a dominant trait. P-generation Ans: true breeding parents F1-generation monohybrid cross Ans: offspring (filial) of P generation parents Ans: A cross in which one characteristic is tracked Ex. Br x Br: genoty...

Why is the biological approach scientific? Ans: It's methods and assumptions are based on testable, controlled and objective techniques Give two pieces of evidence that make the biological approach scientific Ans: Raine used objective and standardised conditions to examine the brain of murderers vs control group e.g. PET scans, matched group design. Drug therapy- shows causal relationships e.g. role of neurotransmitters Why does the biological approach have positive applicatio...

function of testicles Ans: produce sperm and testosterone function of epididymis Ans: sperm maturation and storage function of vas deferens Ans: transport sperm from the epididymis to the urethra, empty into the ejaculatory duct function of urethra in males Ans: carry urine and semen Penis prostate gland Cowper's Gland Ans: Spongy, erectile tissue containing distensible (expanding) tissue blood space that extends through the shaft Ans: Adds an alkaline/basic ...

chromosomes vs chromatin Ans: chromatin consists of the unraveled condensed structure of DNA, whereas the chromosome consists of the highest condensed structure of the DNA double-helix. somatic cells Ans: human body cells do not produce eggs and sperm cells homologous chromosomes Ans: a pair of chromosomes that are the same size, gene, and location alleles Ans: different traits for genes ploidy Ans: number of sets of chromosomes in a cell haploids Ans: gametes or ...

Homeostasis Ans: Internal stability of the body Examples of homeostatic processes Ans: Thermoregulation, osmoregulation, waste management Glucose Ans: - A simple sugar that provides the body with energy - Needs to be broken down to release the energy into an ATP molecule Energy carrying molecule Ans: Picks up and delivers the energy that is released when glucose gets broken down ATP Ans: - Adenosine triphosphate - Needs oxygen - Needs to be constantly made ADP - Most c...

Chargaff's Rule ( 1940's ) Ans: Nitrogenous bases are not in equal amounts. Same amount of Adenine and Thymine, and Cytosine and Guanine. (Base Pairs A + T and C + G) Rosalind Franklin ( X-ray ) Ans: Took pictures of DNA using x-ray. She mixed DNA with water to find the nitrogenous bases and realized that they were on the inside and the sugars and phosphates are on the outside. Watson and Crick Ans: Produced a structural model of DNA. ( double helix ) What is DNA? An...

Levels of this neurotransmitter decrease during infatuation and levels go back up 12-18 months later supporting the idea that passionate love generally lasts 12-18 months Ans: Serotonin True or False. Conversion or reparative therapy seeks to convert a gay person into a heterosexual based on the mistaken belief that homosexuality is a mental illness, primarily caused by parenting style. Ans: TRUE Which of the following is CORRECT about the history of contraception in the Unit...

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