Write my essay on Question 1Many areas of law important to businesses are governed by the Uniform Commercial Code.

Question
Question 1
Many areas of law important to businesses are governed by the Uniform Commercial Code.
Answer
True
False
2 points
Question 2
The town of Somerset passed a law forbidding parking on Main Street between the hours of 9:00 a.m. and 4:00 p.m. This is an example of an ordinance.
Answer
True
False
2 points
Question 3
Tort law is a subset of private law that seeks to compensate the injured party for the loss caused by the actions of another.
Answer
True
False
2 points
Question 4
The federal government and state governments have separate and distinct powers. This arrangement constitutes a(n)_______________separation of powers.
Answer
Vertical
Horizontal
Transitional
Equitable
2 points
Question 5
Stare decisistranslates as
Answer
The thing is done that ought to be done.
Stand by the decision.
Stand and be recognized.
The decision of the sovereign
2 points
Question 6
The jurist who presides over an equitable proceeding is called the
Answer
Grand master
Chancellor
Justice
Judgepro tempore
2 points
Question 7
It is the function of the jury to decide the facts that are in dispute in a case.
Answer
True
False
2 points
Question 8
To which of the following can the need to go to different courts for legal and equitable remedies be traced?
Answer
The early English court system
The Code of Napoleon
Article II of the Constitution
The Articles of Confederation
2 points
Question 9
Only the United States Supreme Court can issue an interlocutory decree.
Answer
True
False
2 points
Question 10
When the Supreme Court agrees to hear a case, it issues a writ of execution.
Answer
True
False
2 points
Question 11
The written questions that parties to a suit send each other that are answered in writing under oath are interrogatories.
Answer
True
False
2 points
Question 12
Peremptory challenges (or strikes) may not be based on race or gender.
Answer
True
False
2 points
Question 13
A jury is selected through a process of asking potential jurors questions and eliminating unsuitable candidates. This process is called_____________.
Answer
Sequestration
Venire
Venue selection
Voir dire
2 points
Question 14
The requirement that someone have a personal stake or interest in the outcome of a case in order to be a plaintiff is called _________________ to sue.
Answer
Standing
Validation
Grounds
Jurisdiction
2 points
Question 15
Lawyers traditionally have a limited number of opportunities to reject potential jurors without having to give a reason. These are known as _______________challenges (or strikes.)
Answer
For cause
Discriminatory
Peremptory
Diversity
2 points
Question 16
Procedural and evidentiary rules are much less rigid in courts of law than in arbitration proceedings.
Answer
True
False
2 points
Question 17
Businesses are more and more likely to submit disputes to arbitration because it is less time consuming and costly than litigation.
Answer
True
False
2 points
Question 18
The vast majority of disputes in our society are settled without recourse to either arbitration or litigation.
Answer
True
False
2 points
Question 19
The legal term for referring an issue to arbitration is
Answer
Tender
Surrender
Submission
Subrogation
2 points
Question 20
Which of the following statements about arbitrators is correct?
Answer
Arbitrators must be judges because their decisions are legally binding.
Arbitrators must be certified by the local Better Business Bureau.
Arbitrators are often members of the American Arbitration Association.
Arbitrators must be masters in chancellery because arbitration panels are annexed to courts of equity.
2 points
Question 21
The federal government has exclusive control over all aspects of private and commercial aviation in the United States. This is an example of the federal government’s power to _______________an area of regulation.
Answer
Usurp
Preempt
Occlude
Dominate
2 points
Question 22
Which of the following is the doctrine of substantive due process designed to address?
Answer
Violations of fundamental rights, such as voting and interstate travel
Seizures of private property for non-public use
Punishments without notice and a hearing
Laws that deny defendants an appeal of right
2 points
Question 23
Under which standard of review would a court hear a case involving government regulation of commercial speech?
Answer
Strict scrutiny
Intermediate scrutiny
Rational basis
Commercial practicality
2 points
Question 24
Assume that State University institutes a curfew for the female students who live on campus. To protect both the safety and morals of its female population, State University requires that the female students be in their dorms by 1:00 a.m. every night. There is no curfew for male students because they are less likely to be victims of attacks. If Nellie Nightowl wants to protest, which provision of the Constitution will she claim is being violated?
Answer
The Privileges and Immunities Clause
The Savings Clause
The Due Process Clause of the 5thAmendment
The Equal protection Clause of the 14thAmendment
2 points
Question 25
In order to protect the health and welfare of its residents, Maryland has a law requiring that all public swimming pools be tested daily for bacteria. Maryland passed this law pursuant to its ________________powers.
Answer
Protective
Enumerated
Enabling
Police
2 points
Question 26
An American company cannot be liable for violating American anti-trust laws if the activity complained of takes place in another country.
Answer
True
False
2 points
Question 27
The process whereby a government takes control of private property in a way that is illegal under international law is________________.
Answer
Confiscation
Expropriation
Condemnation
Regionalization
2 points
Question 28
The provision in the Foreign Corrupt Practices Act that allows an American company to make personal payments to clerks and other low level government employees in foreign countries is what type of exception?
Answer
Black list
De minimis
Grease payment
Countervailing exchange
2 points
Question 29
The federal government can control what goods are imported into the United States but not what goods are exported to foreign countries.
Answer
True
False
2 points
Question 30
What is an IBE?
Answer
Any business entity with relationships that transcend national boundaries
One of the courts in The Hague that settles disputes between businesses of different countries
A choice of law clause in an international contract
A transaction in violation of the International Commercial Code
2 points
Question 31
Anna and Frank are leaving their jobs at Big Firm to start a company of their own. Which of the following may they do legally to start up their new enterprise?
Answer
Notify their clients at Big Firm that they leaving to start their own business
Offer Big Firm’s clients deep discounts if they transfer their business to the new firm
Try to get co-workers at Big Firm to quit and come to work for them
Both a and b
2 points
Question 32
One advantage to doing business as a standard corporation is that profits “pass through” to the shareholders and are taxed only at the owner level.
Answer
True
False
2 points
Question 33
The loan from a bank to a start-up enterprise is an example of equity financing.
Answer
True
False
2 points
Question 34
Al, Beth, and Cal are wealthy individuals who invested $150,000 each in a start-up LLC. These investments are classified as _________financing for the business.
Answer
Equity
Debt
Contingent
Ancillary
2 points
Question 35
Courts will not enforce provisions in contracts that violate public policy.
Answer
True
False
2 points
Question 36
The insanity defense that allows someone to avoid criminal liability if the criminal act was the “product of a mental disease or defect” is the _____________rule.
Answer
Irresistible impulse
But…for
Durham
Right from wrong
2 points
Question 37
Acts which are wrongful in themselves and prohibited by almost all civilizations are classified as ______________crimes.
Answer
Malum prohibitum
Malum in se
Specific intent
Mens rea
2 points
Question 38
Embezzlement is an example of a white collar crime.
Answer
True
False
2 points
Question 39
In prosecuting insider trading cases, the government often identifies people who were given “tips” to buy a certain stock from friends who worked for the corporation and were thus privy to inside information. Both the insider (the “tipper”) and the “tippee” have criminal liability. The government may promise that it will not prosecute the “tippee” if he testifies against the insider at trial. This is an example of________________.
Answer
Immunity
Entrapment
Strict liability
Government overreaching
2 points
Question 40
The standard of proof for issuing a search warrant is clear and convincing evidence.
Answer
True
False
2 points
Question 41
To be liable for intentional infliction of emotional distress a defendant must have engaged in conduct that was outrageous and completely intolerable to the community.
Answer
True
False
2 points
Question 42
The purpose of criminal law is to punish while the purpose of tort law is to compensate the victim.
Answer
True
False
2 points
Question 43
What is the difference between libel and slander?
Answer
Libel is a written communication, and slander is an oral communication.
Libel is also a felony, but slander is not.
Libel requires that plaintiff prove malice on the part of the defendant, but slander does not.
Businesses can only sue for defamation based on libel, not slander.
2 points
Question 44
A construction company that damaged the property of others while blasting would be liable in strict liability.
Answer
True
False
2 points
Question 45
Competitor wrongfully claims that one of the ingredients used in the manufacture of Hungry Dog dog food contains melanine, which is poisonous to animals. Competitor has committed the tort of____________.
Answer
Nuisance
Disparagement
Invasion of privacy
Wrongful interference with a contractual relationship
2 points
Question 46
Question 1Many areas of law important to businesses are governed by the Uniform Commercial Code. appeared first on WriteDen.
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