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Exam 21 :test Planning Table for Bonus Exam A

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Question 31

True/False

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Business law is enforceable by the courts.

A) True
B) False

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Question 32

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When your New Jersey based mail-order computer company sells to a customer in Illinois,the Uniform Commercial Code UCC)will establish the legal requirements that your firm must follow.

A) True
B) False

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Question 33

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In voluntary bankruptcy cases the creditors voluntarily start legal action against the debtor.

Negligence,in tort law,deals with behavior that causes intentional harm or injury.

An) _________ guarantees that the product you buy will conform to the customary standards of the trade/industry.

The American Inventor's Protection Act requires patent applications to be made public after 18 months regardless of whether a patent has been granted.

Requiring a retailer to carry Performance Tires in order to sell Performance Batteries is prohibited by the Robinson-Patman Act.

An) __________ occurs when one party fails to follow the terms of a contract.

Laws regulating marriage and personal injury liability are part of our body of criminal law.

Which of the following is a requirement for commercial paper to be considered a negotiable instrument? It must:

Mark and Barry own the Warehouse Liquor Store in town.They are careful to pay all of their taxes in full and on time.Recently the local government has decided to raise the taxes imposed on the sale of cigarettes and liquor.Barry and Mark are upset about this because:

The European Union currently levies certain Internet taxes.

__________ law establishes punishments,and regulates the investigation of people accused of committing crimes.

The U.S.court system is organized solely at the federal and state levels.

Michael opened a new bakery.He had always admired the cute,friendly face of the Pillsbury Doughboy so as a tribute to Pillsbury,he decided to use it as his company's logo.Not long after Pillsbury sued him for:

The language used in statutory law often requires interpretation by the courts.

Business and government do not need to work together to create a competitive environment that is fair and open since global competition is increasing.

In 2011,a popular British newspaper,"News of the World," owned by media mogul Rupert Murdoch whose empire is headquartered in the U.S. ) was shut down due to accusations that the newspaper's journalists were illegally "phone hacking" in order to gather information for their stories.Due to the connection with a U.S.-based company,the U.S.District Attorney also opened an investigation.This type of investigation is handled under ______________.

The warranty you receive in the box with an iPad is an express warranty.

When your younger brother signs the back of his paycheck and gives it to you in payment for money he owes you,he has endorsed the check,and you may deposit it in your checking account.