Business Law Help for College and University Students

Multiple choice questions on US Law

1. The philosophy that the law is nothing more than the will of the sovereign backed by the threat of force, regardless of the law's moral implications, is called: a) Natural law b) Sociological jurisprudence c) Legal realism d) Positivism 2. A plaintiff may file a suit in Federal court only if which of the following is t ...continues

US Law

1. A contract formed via e-mail must have the following to be enforceable: a) Immediate exchange of money for services b) An encrypted connection to ensure privacy of the parties' communications c) An clause stipulating that all disputes will be resolved in a mutually-acceptable jurisdiction d) Terms of ...continues

Business Law: Multiple choice questions on United States Constitution, Contract of adhesion, contracts

1. Which of the following is a true statement about the United States Constitution? a) The President can enter into a treaty with another country even if Congress objects. b) Members of the Supreme Court serve at the pleasure of the President, with the advice and consent of the Senate. c) Congress has the pow ...continues

BUSINESS LAW

21. Alan promises to pay Beth $500 to install a pump in his factory. Beth completes the installation. The act of installing the pump a. imposes a moral obligation on Alan to pay Beth. b. imposes no obligation on Alan unless he is satisfied with the job. c. is not sufficient consideration because it is not goods or money. d. ...continues

Business law: certification, copyright, patent, trademark rights violations

1. Best Goods, Inc., and Great Products Corporation use the mark "Good Housekeeping Seal of Approval" to certify the quality of their products. Best and Great are not in business together and do not own this mark. The mark is a. a certification mark. b. a collective mark. c. a service mark. d. trade dress. 2. George owns ...continues

business law

16. Jan applies Kant's categorical imperative to decide whether to cheat on an examination to get into graduate school. This means that Jane evaluates her action in light of a. whether the "end" justifies the "means." b. whether the "means" justifies the "end." c. the consequences that would follow if everyone acted the sam ...continues

business law

0. Local Delivery Service contracts to sell its business to Regional Transport Corporation (RTC). Before the deal is completed, they contract to sell RTC's rights in the deal to National Distribution, Inc. This new contract will discharge the original contract if the new contract is supported by a. a mutual agreement to resc ...continues

Business law: contract breach, damages, enforce agreement, refund, warranty

9. Due to a rapid decline in the price of horseshoes, which can now be bought and sold for 50 cents each, Mark refuses to buy 1,000 horseshoes from Clark for $1 per shoe and thus breaches an existing contract. Clark is entitled to recover a. $1,500. b. $1,000. c. $500. d. $0. 10. Air Transport Company contracts to bu ...continues

Negotiable and Non-negotiable Instruments

4. Medic Equip, Inc., manufactures medical devices. Tom is injured while using a Medic pacemaker and sues Medic for product liability based on strict liability. To win, Tom must show that a. he was in privity of contract with Medic. b. Medic did not use due care with respect to the pacemaker. c. Medic misrepresented a mater ...continues

business law

8. Refer to Fact Pattern 20-3. If Elizabeth signs her name followed by the word "agent" on the purchase agreement without identifying Donald, then she may a. be held personally liable on the contract. b. be held personally liable on the contract only if she would have purchased the real estate herself. c. not be held perso ...continues