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Question
Submitted by hooasm on Mon, 2013-04-29 19:33
due on Mon, 2013-04-29 22:34
answered 1 time(s)
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Question 1 of 20 5.0 Points In pre-trial discovery, if a business does not produce incriminating e-mails the court can instruct the...

Question 1 of 20 5.0 Points In pre-trial discovery, if a business does not produce incriminating e-mails the court can instruct the jury that it can make negative inferences from the lost documents.

A. True

B. False Reset Selection

Question 2 of 20 5.0 Points Indirect non-legal costs are at least twice as high as direct legal costs.

A. True

B. False Reset Selection

Question 3 of 20 5.0 Points All of the following are ways to lower business risk except:

A. stick to company business

B. always be respectful, courteous and constructive

C. keep matters confidential

D. take shortcuts to increase profits Reset Selection

Question 4 of 20 5.0 Points Issuing a public apology for corporate wrongdoing will always result in increased litigation.

A. True

B. False Reset Selection

Question 5 of 20 5.0 Points When answering a complaint the defendant can do all of the following except:

A. deny the allegations set forth in the complaint

B. list defenses

C. admit to the allegations set forth in the complaint

D. defer answering for 180 days Reset Selection

Question 6 of 20 5.0 Points All of the following are methods of alternative dispute resolution except for:

A. mediation

B. litigation

C. arbitration

D. settlement Reset Selection

Question 7 of 20 5.0 Points The monetary damage award set out by the court is the amount the prevailing party is guaranteed to receive from the losing party.

A. True

B. False Reset Selection

Question 8 of 20 5.0 Points Examples of antitrust activities include all of the following except for:

A. price fixing

B. allocation of markets

C. standardization among trade association members

D. concerted refusal to deal Reset Selection

Question 9 of 20 5.0 Points The grant of a patent is a limited "monopoly" and can run counter to the antitrust principle encouraging free and open markets.

A. True

B. False Reset Selection

Question 10 of 20 5.0 Points All of the following are a type of contract except:

A. Express

B. Implied

C. Enduring

D. Unilateral Reset Selection

Question 11 of 20 5.0 Points Which of the following is not a form of business organization?

A. Limited Liability Corporation

B. Partnership

C. Sole Proprietorship

D. Corporation Reset Selection

Question 12 of 20 5.0 Points Identify the correct statement about liability in business organizations

A. A partner is not responsible for the debts of the partnership.

B. A sole proprietor is personally liable for all debts of the business.

C. A shareholder is responsible for the debts of the corporation.

D. A member is personally liable for the debts of the LLC. Reset Selection

Question 13 of 20 5.0 Points The revenue from a Chapter C corporations is taxed twice.

A. True

B. False Reset Selection

Question 14 of 20 5.0 Points The test for mental capacity to enter into a contract is whether the person has reached the age of majority

A. True

B. False Reset Selection

Question 15 of 20 5.0 Points A partnership must prepare an income tax return but the partnership pays no income taxes itself.

A. True

B. False Reset Selection

Question 16 of 20 10.0 Points Describe three differences between a limited liability company and a corporation. Cite your sources.

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Question 17 of 20 10.0 Points List and provide examples for five defenses to a breach of contract claim. Cite your sources.

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Question 18 of 20 10.0 Points List three types of contracts that must be in writing in order to be enforceable. What doctrine applies here? Cite your sources

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Question 19 of 20 10.0 Points Jim wants to sell his car to Marsha. Describe what elements would need to be present in order to have a valid contract. Would this contract fall under the UCC? Why or why not?

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Question 20 of 20 10.0 Points List at least three factors that weigh in favor of patents. List three factors that weigh in favor of trade secrets. Cite your sources.

Answer
Submitted by maiodi on Tue, 2013-04-30 20:49
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Question 1 of 20

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Running xxxxx QUESTIONS xxxxxxxxxxxxxx xxxx � PAGE \* MERGEFORMAT xxxxxxxxx

xxxxxxxxx 1-20

xxxxx

xxxxxxxxxxxx

Date

xxxxxxxx 1 xx xx xxx xxxxxxxxxxx xxxxxxxxx discovery, if x xxxxxxxx xxxx not produce incriminating e-mails xxx court can xxxxxxxx xxx xxxx xxxx xx can make negative xxxxxxxxxx from xxx lost xxxxxxxxxxx

xx True

B. xxxxxxxxxxxxx xxxxxxxxxx

True

xxxxxxxx 2 xx 20 xxx Points�Indirect non-legal costs xxx at least xxxxx xx high as xxxxxx legal xxxxxxx

A. True

xx False�Reset xxxxxxxxxx

xxxxx

xxxxxxxx x xx 20 5.0 xxxxxxxxxxxx of xxx following are xxxx xx lower xxxxxxxx xxxx xxxxxxxx

xx stick to company xxxxxxxx

xx xxxxxx xx respectful, courteous and xxxxxxxxxxxx

C. xxxx xxxxxxx confidential

D. take shortcuts to increase xxxxxxxxxxxxxxx xxxxxxxxxx

Take xxxxxxxxx xx increase xxxxxxxx

Question 4 xx xx xxx xxxxxxxxxxxxxxxx a public xxxxxxx for corporate xxxxxxxxxx will always result in increased xxxxxxxxxxxx

A. True

B. xxxxxxxxxxxxx xxxxxxxxxx

xxxxx

Question x xx 20 5.0 Points�When answering x complaint xxx defendant xxx do xxx xx xxx xxxxxxxxx xxxxxxxx

xx xxxx the allegations set forth in xxx xxxxxxxxx

xx list xxxxxxxx

C. xxxxx to the xxxxxxxxxxx xxx forth xx the xxxxxxxxx

D. xxxxx answering xxx xxx days�Reset xxxxxxxxxx

Defer answering xxx 180 days

xxxxxxxx 6 of xx xxx xxxxxxxxxxxx of the following are

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