business law 2

The legislative branch of government is made up of:

	A. appointed officials.
	B. elected representatives.
	C. equal numbers of all political parties.
	D. community leaders.

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Interpretation and determination of violations of the law is the function of:

	A. the legislative branch of a government.
	B. the judicial branch of a government.
	C. the executive branch of a government.
	D. none of the three branches of government.

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The designation not elected by the voters in the Consumer Protection Agency is the:

	A. president.
	B. governor.
	C. mayor.
	D. secretary.

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The agencies outside the executive branch that are headed by groups or individuals are created by the:

	A. Congress.
	B. Senate.
	C. President.
	D. judicial branch.

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The branch of the government that frequently delegates to administrative agencies some of their lawmaking authority is the:

	A. legislative.
	B. executive.
	C. state judiciary.
	D. federal judiciary.

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The Sarbanes-Oxley statute established a board to oversee accounting practices in:

	A. the United States.
	B. the Netherlands.
	C. the United Kingdom.
	D. Australia.

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Beliefs and standards that are considered to be worthwhile are known as:

	A. values.
	B. morals.
	C. ethics.
	D. discretions.

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Governments may impose on individuals a set of duties known as:

	A. legal mandates.
	B. ethical considerations.
	C. legal imperatives.
	D. national imperatives.

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A distinction between law and ethics is that legal mandates are usually more:

	A. flexible.
	B. precise.
	C. obscure.
	D. flawed.

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A __________ makes clear that the company expects its personnel to recognize the ethical dimensions of corporate policies and actions.

	A. rule
	B. regulation
	C. code
	D. social action

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A misdemeanor is usually punished by a fine and/or imprisonment for not more than:

	A. three months.
	B. six months.
	C. eight months.
	D. a year.

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Larceny is often classified as petty or grand, depending upon the:

	A. time when the crime was committed.
	B. person from whom it was stolen.
	C. value of the stolen property.
	D. court in which it was referred.

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The crime of bribery consists of giving or taking money or property of value with the intent of __________ someone.

	A. recruiting
	B. reappraising
	C. appraising
	D. influencing

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The crimes that involve activities intended to obtain goods or to deceive others by making false claims is known as false pretenses and are governed by:

	A. state laws and federal laws.
	B. executive orders.
	C. contract laws.
	D. ordinances.

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Frequently, persons with knowledge of computers access the credit card numbers of consumers who have made purchases on the Internet and use these credit card numbers without authorization. This act constitutes the crime of:

	A. identity theft.
	B. credit card fraud.
	C. false pretense.
	D. credit card perjury.

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The tort of slander does NOT require a(n):

	A. indirect defamatory statement.
	B. direct defamatory statement.
	C. drawing, picture, or cartoon.
	D. direct attack.

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In conducting business, a firm and its owners have the right not to be subjected to:

	A. politically correct statements.
	B. truthful statements.
	C. false and malicious statements.
	D. acts of negligence.

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The branch of the government that frequently delegates to administrative agencies some of their lawmaking authority is the:

	A. legislative.
	B. executive.
	C. state judiciary.
	D. federal judiciary.

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The determinations reached at a hearing conducted by an administrative agency:

	A. cannot be appealed through the regular court system.
	B. can be appealed through the alternative dispute resolution system.
	C. can be appealed through the regular court system.
	D. can be appealed only through in-house dispute resolution system.

 

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