Business Law Exam 2

Beschreibung

Quiz am Business Law Exam 2, erstellt von Marissa Boretz am 09/11/2014.
Marissa Boretz
Quiz von Marissa Boretz, aktualisiert more than 1 year ago
Marissa Boretz
Erstellt von Marissa Boretz vor etwa 10 Jahre
284
1

Zusammenfassung der Ressource

Frage 1

Frage
A victim of a tort may sue and recover money damages.
Antworten
  • True
  • False

Frage 2

Frage
"Tort” comes from the Latin term “tortus,” which means “crooked, dubious, or twisted.”
Antworten
  • True
  • False

Frage 3

Frage
If a crime does not hurt an identifiable person, it is not a tort.
Antworten
  • True
  • False

Frage 4

Frage
A tort is a wrong arising from a violation of a public duty
Antworten
  • True
  • False

Frage 5

Frage
Strict liability is one type of tort
Antworten
  • True
  • False

Frage 6

Frage
Careless actions that result in injuries to others usually are not deemed to be torts.
Antworten
  • True
  • False

Frage 7

Frage
For tort liability to be imposed, the perpetrator of the tort must have acted with the intent to do wrong.
Antworten
  • True
  • False

Frage 8

Frage
The concept of strict liability is applied without regard to whether the defendant was at fault.
Antworten
  • True
  • False

Frage 9

Frage
Assault is the intentional, wrongful touching of another person without that person’s consent.
Antworten
  • True
  • False

Frage 10

Frage
The tort of false imprisonment requires the detention of a person without his or her consent.
Antworten
  • True
  • False

Frage 11

Frage
Under the tort of false imprisonment, shopkeepers are prevented from detaining anyone whom they believe has shoplifted.
Antworten
  • True
  • False

Frage 12

Frage
The tort of intentional infliction of emotional distress requires proof of outrageous conduct and resulting emotional distress in the victim.
Antworten
  • True
  • False

Frage 13

Frage
The tort of invasion of privacy always requires the misappropriation of another's name or likeness.
Antworten
  • True
  • False

Frage 14

Frage
Commercial exploitation is a form of invasion of privacy.
Antworten
  • True
  • False

Frage 15

Frage
Offensive or derogatory language used by one person to describe another constitutes the tort of slander.
Antworten
  • True
  • False

Frage 16

Frage
In terms of defamation liability, members of the United States Congress enjoy an absolute privilege when they are speaking on the floor of the Senate or the House of Representatives.
Antworten
  • True
  • False

Frage 17

Frage
Libel is the printed equivalent of the spoken form of defamation known as slander.
Antworten
  • True
  • False

Frage 18

Frage
The media enjoy a qualified privilege for stories that turn out to be false.
Antworten
  • True
  • False

Frage 19

Frage
Truth is not a defense to defamation.
Antworten
  • True
  • False

Frage 20

Frage
Product disparagement is a form of defamation.
Antworten
  • True
  • False

Frage 21

Frage
Malice is always a required element of defamation.
Antworten
  • True
  • False

Frage 22

Frage
A trespass to personal property is any unpermitted entry below, on, across, or above the land of another.
Antworten
  • True
  • False

Frage 23

Frage
The use of someone’s car without that person’s permission is a trespass to personal property.
Antworten
  • True
  • False

Frage 24

Frage
Today, the widest range of tort liability arises in the field of negligence.
Antworten
  • True
  • False

Frage 25

Frage
To determine whether the defendant is liable for negligence, a reasonable person standard is employed.
Antworten
  • True
  • False

Frage 26

Frage
Professionals have a duty to perform their functions at the same level as would a reasonable person.
Antworten
  • True
  • False

Frage 27

Frage
Plaintiffs are typically awarded punitive damages in negligence cases.
Antworten
  • True
  • False

Frage 28

Frage
When contributory negligence is proven, damages awarded as reduced based on the plaintiff’s degree of fault.
Antworten
  • True
  • False

Frage 29

Frage
The assumption of risk defense has been abolished in several states.
Antworten
  • True
  • False

Frage 30

Frage
Governments are generally immune from tort liability.
Antworten
  • True
  • False

Frage 31

Frage
A wrong that arises from a violation of a private duty is called a:
Antworten
  • criminal action
  • tort
  • crime
  • de mala

Frage 32

Frage
Concerning torts and crimes, choose the correct statement:
Antworten
  • every tort is a crime
  • every crime is a tort
  • no crime is a tort
  • a crime may also be a tort

Frage 33

Frage
Torts arise from a violation of a ____ duty.
Antworten
  • public
  • private
  • contractual
  • criminal

Frage 34

Frage
Torts are classified as:
Antworten
  • intentional only
  • negligence only
  • strict liability only
  • intentional, negligence and strict liability

Frage 35

Frage
Without meaning to, Alice carelessly strikes Mary. Mary may be able to sue Alice for:
Antworten
  • an intentional tort
  • negligence
  • strict liability
  • absolute liability

Frage 36

Frage
In order to establish the tort of false imprisonment, a person must show imprisonment for:
Antworten
  • any amount of time
  • at least one minute
  • at least ten minutes
  • at least one hour

Frage 37

Frage
A shopkeeper may lose the shopkeeper’s privilege if:
Antworten
  • the customer is kept an unreasonable amount of time
  • the shopkeeper acted with reasonable suspicion.
  • the shopkeeper acted with necessary force.
  • all of the above

Frage 38

Frage
John owed Barney money. Barney called John's home several times per day for five weeks asking for repayment, with some of the calls coming after midnight. Barney might be liable for:
Antworten
  • defamation
  • wrongful interference with a contract
  • intentional infliction of emotional distress
  • tresspass

Frage 39

Frage
The tort of invasion of privacy includes:
Antworten
  • intrustion into private affairs
  • public disclosure of private facts
  • misappropriation of another's name
  • all of the above

Frage 40

Frage
Defamation of a public figure requires what additional element
Antworten
  • Intent
  • Malice
  • Causation
  • None of the above

Frage 41

Frage
Which of the following is a defense to defamation?
Antworten
  • slander
  • libel
  • truth
  • all of the above

Frage 42

Frage
Oral or spoken defamation is
Antworten
  • slander
  • libel
  • privilege
  • perjury

Frage 43

Frage
An absolute privilege is available as a defense to slander liability when:
Antworten
  • The statement is made to only a few people
  • libel exists
  • a witness testifies in a court proceedings
  • no intent to harm is present

Frage 44

Frage
Slander of title and trade libel are collectively known as product
Antworten
  • Divestiture
  • Disparagement
  • Dilution
  • Diversion

Frage 45

Frage
Maria intentionally attempts to have Patty break a contract with Alfred. Maria will be liable under which theory of tort?
Antworten
  • Libel
  • product disparagement
  • contract interference
  • intentional infliction of emotional distress

Frage 46

Frage
Trespass applies to
Antworten
  • personal property only
  • land only
  • both personal property and land
  • only government-owned property

Frage 47

Frage
Trespass to personal property requires
Antworten
  • the personal property to be connected to real property
  • destroying the personal property
  • the invasion of personal property regardless of whether the owner grants permissions
  • the invasion of personal property without the permission of the owner

Frage 48

Frage
The widest range of tort liability arises in the area of:
Antworten
  • negligence
  • absolute liability
  • violation of statue
  • assumption of risk

Frage 49

Frage
The degree of care required of a person is
Antworten
  • that degree of care the person exercised in the situation at hand.
  • that degree of care an extraordinary person would exercise under similar circumstances.
  • that degree of care an ordinarily prudent person would exercise under similar circumstances.
  • none of the above

Frage 50

Frage
Professionals have a duty to perform their jobs at the level of:
Antworten
  • a reasonable person
  • a reasonable professional in the same business
  • an extraordinarily careful person
  • none of the above

Frage 51

Frage
Comparative negligence
Antworten
  • has been rejected by most of the states.
  • allows a comparison of negligence between plaintiff and defendant.
  • only applies when the plaintiff has signed a release.
  • is a bar to recovery under common law.

Frage 52

Frage
If the plaintiff has either engaged in or refrained from actions that are at least partially to blame for the injuries received, what negligence has occurred?
Antworten
  • criminal
  • contributory
  • personal
  • prejudicial

Frage 53

Frage
What type of damages is recoverable when the defendant’s tortious conduct is accompanied by fraud, malice, or willful or wanton conduct?
Antworten
  • compensatory
  • consequential
  • nominal
  • punitive

Frage 54

Frage
The concept of immunity from liability means that:
Antworten
  • one who harms another can be held liable only for voluntary acts.
  • certain persons are not subject to tort liability.
  • one who harms another without intending to do so is not subject to tort liability.
  • one who harms a child can never be sued by the parents of the injured child.

Frage 55

Frage
What form of tort liability was developed to provide guaranteed protection for those who are injured by conduct the law deems both serious and inexcusable?
Antworten
  • stict liability
  • negligence
  • both a. and b.
  • neither a. nor b

Frage 56

Frage
A contract is essentially an agreement that creates an obligation.
Antworten
  • True
  • False

Frage 57

Frage
Because transfer of value is essential to a valid contract, contracts cannot arise in the performance of personal services.
Antworten
  • True
  • False

Frage 58

Frage
A contract can only involve two parties.
Antworten
  • True
  • False

Frage 59

Frage
A person who makes a promise is the promisor, while a person to whom the promise is made is the promisee.
Antworten
  • True
  • False

Frage 60

Frage
Only the parties who signed the original contract can have rights with respect to that contract.
Antworten
  • True
  • False

Frage 61

Frage
An offeror makes an offer to an offeree.
Antworten
  • True
  • False

Frage 62

Frage
The law requires parties to be fair and reasonable in the making of a contract.
Antworten
  • True
  • False

Frage 63

Frage
Negotiable instruments are examples of formal contracts.
Antworten
  • True
  • False

Frage 64

Frage
A contract for an amount greater than $1 million must be made under seal or it is not binding.
Antworten
  • True
  • False

Frage 65

Frage
A recognizance is an agreement by which one party admits or recognizes that a specified sum of money is owed to another party.
Antworten
  • True
  • False

Frage 66

Frage
An express contract is one in which the agreement is shown by the acts and conduct of the parties.
Antworten
  • True
  • False

Frage 67

Frage
An implied contract is one in which the agreement is shown not by words, written or spoken, but by the acts and conduct of the parties.
Antworten
  • True
  • False

Frage 68

Frage
The effect of an implied contract is not the same as the effect of an express contract.
Antworten
  • True
  • False

Frage 69

Frage
A void contract is one that is otherwise valid but may be rejected or set aside by one of the parties.
Antworten
  • True
  • False

Frage 70

Frage
An agreement that contemplates the performance of an act prohibited by law is usually void.
Antworten
  • True
  • False

Frage 71

Frage
An executory contract is an agreement by which something remains to be done by one or both parties.
Antworten
  • True
  • False

Frage 72

Frage
An executed contract is an agreement that has been completely performed.
Antworten
  • True
  • False

Frage 73

Frage
When a contract is fully performed by one party, it is called a unilateral contract.
Antworten
  • True
  • False

Frage 74

Frage
When a contract is fully performed by one party, it is called a unilateral contract.
Antworten
  • True
  • False

Frage 75

Frage
A bilateral contract is essentially an exchange of promises.
Antworten
  • True
  • False

Frage 76

Frage
With regard to a unilateral contract, the offeree does not accept the offer by express agreement, but rather by performance.
Antworten
  • True
  • False

Frage 77

Frage
A contract never can be both executory and unilateral.
Antworten
  • True
  • False

Frage 78

Frage
An option contract gives one of the parties an absolute right to enter into a second contract at a later date.
Antworten
  • True
  • False

Frage 79

Frage
Quasi contracts are contracts.
Antworten
  • True
  • False

Frage 80

Frage
The principle behind the quasi contract is to prevent unjust enrichment.
Antworten
  • True
  • False

Frage 81

Frage
A quasi contract may arise in a situation in which no contract exists.
Antworten
  • True
  • False

Frage 82

Frage
Whenever a person receives a benefit for which payment has not been made, there is an unjust enrichment and the value of such benefit must be paid to the person conferring the benefit.
Antworten
  • True
  • False

Frage 83

Frage
Quasi-contractual liability will generally be imposed when the cost of performing a contract is greater than had been expected.
Antworten
  • True
  • False

Frage 84

Frage
When a contract sets a price for services rendered, a plaintiff cannot sue for reasonable value.
Antworten
  • True
  • False

Frage 85

Frage
The greatest risk to purchasing online is providing your credit card information to the seller.
Antworten
  • True
  • False

Frage 86

Frage
When purchasing from a website, the website terms generally become the contract of the parties and are legally enforceable.
Antworten
  • True
  • False

Frage 87

Frage
A contract is
Antworten
  • a binding agreement
  • an agreement creating an obligation
  • an agreement that creates enforceable duties and obligations
  • all of the above

Frage 88

Frage
The elements of a contract include all of the following except:
Antworten
  • an agreement
  • two or more competent parties
  • consideration
  • an illegal purpose

Frage 89

Frage
The subject matter of a contract may relate to:
Antworten
  • the performance of personal services
  • the construction of a house
  • the transfer of ownership of property
  • all of the above

Frage 90

Frage
The promisor in a contract may also be called the:
Antworten
  • obligor
  • grantor
  • obligee
  • grantee

Frage 91

Frage
A party to a contract may be:
Antworten
  • an individual
  • a partnership
  • a corporation
  • all of the above

Frage 92

Frage
A contract requires
Antworten
  • an offer
  • an acceptance
  • both an offer and acceptance
  • an agreement manifested by the written or spoken words of the parties

Frage 93

Frage
An agreement arises when one person, the __________, makes an offer and the other person to whom the offer is made, the __________, accepts.
Antworten
  • grantor; grantee
  • grantee; grantor
  • offeror; offeree
  • offeree; offeror

Frage 94

Frage
A contract of record is also referred to as a:
Antworten
  • recognizance
  • reconnaissance
  • recording contract
  • none of the above

Frage 95

Frage
Negotiable instruments are:
Antworten
  • formal contracts
  • informal contracts
  • option contracts
  • first-refusal agreements

Frage 96

Frage
An implied contract is shown by:
Antworten
  • a writing
  • the acts and conduct of the parties
  • statements made in open court
  • an exchange of oral promises

Frage 97

Frage
A legally binding agreement that can be rejected at the option of one of the parties is called a(n):
Antworten
  • void agreement
  • revoked contract
  • voidable contract
  • optional agreement

Frage 98

Frage
An executory contract is:
Antworten
  • void if neither party has performed
  • voidable
  • entered into but not fully performed
  • always unilateral in nature

Frage 99

Frage
A contract under which one or both parties have not yet fully performed is termed a(n):
Antworten
  • void agreement
  • executory contract
  • executive contract
  • executed contract

Frage 100

Frage
A bilateral contract consists of a:
Antworten
  • promise for an act
  • promise for refraining from acting
  • promise for a promise
  • promise to contract

Frage 101

Frage
An offer of a reward for the arrest and conviction of a criminal is an example of a:
Antworten
  • unilateral contract
  • bilateral contract
  • quasi contract
  • formal contract

Frage 102

Frage
In a bilateral contract, each party will be a promisor and, therefore, each party will:
Antworten
  • be an obligor
  • be able to avoid the contract
  • not be in privity of the contract
  • be an agent for the other side

Frage 103

Frage
The main thrust of the quasi contract is to:
Antworten
  • encourage the making of written contracts
  • prevent enrichment
  • compensate those who voluntarily help others
  • prevent unjust enrichment

Frage 104

Frage
An obligation to pay for the reasonable value of services rendered when there is no contract would be called:
Antworten
  • quasi-contractual
  • quasi-enforceable
  • semi-lawful
  • valid

Frage 105

Frage
A right of __________ refusal is the right of a party to meet the terms of a proposed contract before it is executed, such as a real estate purchase agreement.
Antworten
  • concomitant
  • conditional
  • formal
  • first

Frage 106

Frage
The plaintiff in a quasi-contractual action can recover:
Antworten
  • lost profits
  • damages for mental distress
  • the reasonable value of the benefit conferred upon the defendant
  • for all the damages
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