Question

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.

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Question 2 of 20
5.0 Points

In litigation, indirect non-legal costs are roughly the same amount as direct legal costs.

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Question 3 of 20
5.0 Points

All of the following are ways to lower business risk except:

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Question 4 of 20
5.0 Points

Issuing a public apology for corporate wrongdoing will always result in increased litigation.

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Question 5 of 20
5.0 Points

When answering a complaint the defendant can do all of the following except:

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Question 6 of 20
5.0 Points

All of the following are methods of alternative dispute resolution except for:

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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.

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Question 8 of 20
5.0 Points

Examples of antitrust activities include all of the following except for:

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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.

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Question 10 of 20
5.0 Points

All of the following are a type of contract except:

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Question 11 of 20
5.0 Points

Which of the following is not a form of business organization?

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Question 12 of 20
5.0 Points

Identify the correct statement about liability in business organizations

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Question 13 of 20
5.0 Points

The revenue from a Chapter C corporations is taxed twice.

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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

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Question 15 of 20
5.0 Points

A partnership must prepare an income tax return but the partnership pays no income taxes itself.

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Question 16 of 20
10.0 Points

Using only the course materials, describe three differences between a limited liability company and a corporation. Cite your sources.

Question 17 of 20
10.0 Points

Using only the course materials, list and provide examples for five defenses to a breach of contract claim. Cite your sources.

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? Use only the course materials and cite your sources.

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? Use only the course materials and cite your sources.

 

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. Use only the course materials and cite your sources.

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