Business Law Exam 2

Descripción

Test sobre Business Law Exam 2, creado por Marissa Boretz el 09/11/2014.
Marissa Boretz
Test por Marissa Boretz, actualizado hace más de 1 año
Marissa Boretz
Creado por Marissa Boretz hace más de 9 años
284
1

Resumen del Recurso

Pregunta 1

Pregunta
A victim of a tort may sue and recover money damages.
Respuesta
  • True
  • False

Pregunta 2

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

Pregunta 3

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

Pregunta 4

Pregunta
A tort is a wrong arising from a violation of a public duty
Respuesta
  • True
  • False

Pregunta 5

Pregunta
Strict liability is one type of tort
Respuesta
  • True
  • False

Pregunta 6

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

Pregunta 7

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

Pregunta 8

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

Pregunta 9

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

Pregunta 10

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

Pregunta 11

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

Pregunta 12

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

Pregunta 13

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

Pregunta 14

Pregunta
Commercial exploitation is a form of invasion of privacy.
Respuesta
  • True
  • False

Pregunta 15

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

Pregunta 16

Pregunta
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.
Respuesta
  • True
  • False

Pregunta 17

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

Pregunta 18

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

Pregunta 19

Pregunta
Truth is not a defense to defamation.
Respuesta
  • True
  • False

Pregunta 20

Pregunta
Product disparagement is a form of defamation.
Respuesta
  • True
  • False

Pregunta 21

Pregunta
Malice is always a required element of defamation.
Respuesta
  • True
  • False

Pregunta 22

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

Pregunta 23

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

Pregunta 24

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

Pregunta 25

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

Pregunta 26

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

Pregunta 27

Pregunta
Plaintiffs are typically awarded punitive damages in negligence cases.
Respuesta
  • True
  • False

Pregunta 28

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

Pregunta 29

Pregunta
The assumption of risk defense has been abolished in several states.
Respuesta
  • True
  • False

Pregunta 30

Pregunta
Governments are generally immune from tort liability.
Respuesta
  • True
  • False

Pregunta 31

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

Pregunta 32

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

Pregunta 33

Pregunta
Torts arise from a violation of a ____ duty.
Respuesta
  • public
  • private
  • contractual
  • criminal

Pregunta 34

Pregunta
Torts are classified as:
Respuesta
  • intentional only
  • negligence only
  • strict liability only
  • intentional, negligence and strict liability

Pregunta 35

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

Pregunta 36

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

Pregunta 37

Pregunta
A shopkeeper may lose the shopkeeper’s privilege if:
Respuesta
  • 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

Pregunta 38

Pregunta
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:
Respuesta
  • defamation
  • wrongful interference with a contract
  • intentional infliction of emotional distress
  • tresspass

Pregunta 39

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

Pregunta 40

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

Pregunta 41

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

Pregunta 42

Pregunta
Oral or spoken defamation is
Respuesta
  • slander
  • libel
  • privilege
  • perjury

Pregunta 43

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

Pregunta 44

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

Pregunta 45

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

Pregunta 46

Pregunta
Trespass applies to
Respuesta
  • personal property only
  • land only
  • both personal property and land
  • only government-owned property

Pregunta 47

Pregunta
Trespass to personal property requires
Respuesta
  • 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

Pregunta 48

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

Pregunta 49

Pregunta
The degree of care required of a person is
Respuesta
  • 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

Pregunta 50

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

Pregunta 51

Pregunta
Comparative negligence
Respuesta
  • 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.

Pregunta 52

Pregunta
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?
Respuesta
  • criminal
  • contributory
  • personal
  • prejudicial

Pregunta 53

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

Pregunta 54

Pregunta
The concept of immunity from liability means that:
Respuesta
  • 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.

Pregunta 55

Pregunta
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?
Respuesta
  • stict liability
  • negligence
  • both a. and b.
  • neither a. nor b

Pregunta 56

Pregunta
A contract is essentially an agreement that creates an obligation.
Respuesta
  • True
  • False

Pregunta 57

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

Pregunta 58

Pregunta
A contract can only involve two parties.
Respuesta
  • True
  • False

Pregunta 59

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

Pregunta 60

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

Pregunta 61

Pregunta
An offeror makes an offer to an offeree.
Respuesta
  • True
  • False

Pregunta 62

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

Pregunta 63

Pregunta
Negotiable instruments are examples of formal contracts.
Respuesta
  • True
  • False

Pregunta 64

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

Pregunta 65

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

Pregunta 66

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

Pregunta 67

Pregunta
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.
Respuesta
  • True
  • False

Pregunta 68

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

Pregunta 69

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

Pregunta 70

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

Pregunta 71

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

Pregunta 72

Pregunta
An executed contract is an agreement that has been completely performed.
Respuesta
  • True
  • False

Pregunta 73

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

Pregunta 74

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

Pregunta 75

Pregunta
A bilateral contract is essentially an exchange of promises.
Respuesta
  • True
  • False

Pregunta 76

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

Pregunta 77

Pregunta
A contract never can be both executory and unilateral.
Respuesta
  • True
  • False

Pregunta 78

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

Pregunta 79

Pregunta
Quasi contracts are contracts.
Respuesta
  • True
  • False

Pregunta 80

Pregunta
The principle behind the quasi contract is to prevent unjust enrichment.
Respuesta
  • True
  • False

Pregunta 81

Pregunta
A quasi contract may arise in a situation in which no contract exists.
Respuesta
  • True
  • False

Pregunta 82

Pregunta
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.
Respuesta
  • True
  • False

Pregunta 83

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

Pregunta 84

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

Pregunta 85

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

Pregunta 86

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

Pregunta 87

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

Pregunta 88

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

Pregunta 89

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

Pregunta 90

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

Pregunta 91

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

Pregunta 92

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

Pregunta 93

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

Pregunta 94

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

Pregunta 95

Pregunta
Negotiable instruments are:
Respuesta
  • formal contracts
  • informal contracts
  • option contracts
  • first-refusal agreements

Pregunta 96

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

Pregunta 97

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

Pregunta 98

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

Pregunta 99

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

Pregunta 100

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

Pregunta 101

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

Pregunta 102

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

Pregunta 103

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

Pregunta 104

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

Pregunta 105

Pregunta
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.
Respuesta
  • concomitant
  • conditional
  • formal
  • first

Pregunta 106

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