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Exam 21: Appendix A: Using Technology to Manage Information

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Question 91

True/False

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When John Dough was brought to court accused of robbing a bank,he was prosecuted under civil law.

A) True
B) False

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Question 92

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In which of the following does the creditor start legal procedures?

A) debtor initiatives
B) voluntary bankruptcy
C) involuntary bankruptcy
D) creditor restructuring

E) A) and B)
F) None of the above

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Question 93

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If I agree to sing at your wedding for free and then don't show up,you may sue me for breach of contract.

An interlocking directorate occurs when a contract between a retailer and a wholesaler requires misleading advertising.

Describe bankruptcy and three sections of the Bankruptcy Code.

The use of tying contracts was prohibited by the Clayton Act of 1914 because these contracts:

A patent protects an inventor's right to a product or process.

A(n) __________ tort is a willful act that results in injury.

Income taxes include taxes paid on real and personal property.

If State University violates its housing contract with a student,the student is prohibited from suing the university for damages because the contract was for the delivery of services rather than the delivery of goods.

The Dodd-Frank Wallstreet Reform and Consumer Protection Act evolved from the mortgage industry meltdown,which was the consequence of deceptive behavior of professionals on Wall Street and uninformed consumers who risked too much and purchased homes whose future monthly payments were more than they could afford.The agency that was created to provide consumers with accurate information so they can make informed decisions about loans and other financial instruments is known as ____________________.

Which of the following was designed to simplify and standardize the laws affecting businesses involved in interstate trade?

Decisions made by judges in previous cases are an important part of common law.

Which of the following do school districts utilize to generate needed funding?

Michael opened a new bakery.He had always admired the cute,friendly face of the Pillsbury Doughboy so as a tribute to Pillsbury,he decided to use it as his company's logo.Not long after Pillsbury sued him for:

The Nike Swoosh and the McDonald's Golden Arches are examples of corporate trademarks.

The number of personal bankruptcies has:

The Robinson-Patman Act applies only to business-to-business transactions.

A breach of contract occurs when one party fails to follow the terms of the contract.

Under contract law,"duress" means the presence of coercion through force or threat of force.