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From Law: General-Law , Business: Legal-Environment-in-Business
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Due on Nov. 11, 2009
Asked on Nov 08, 2009 at 11:42:34PM

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Week 2: The American Legal System - Quiz				Help

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1. (TCO 3) According to the text, which of the following is now the largest company in America? (Points: 2)
       Wal-Mart
       Exxon Mobil
       General Motors
       Chevron

2. (TCO 3) Which of the following statements about the McCain-Feingold legislation is true? (Points: 2)
       It is part of the most comprehensive lobbying and ethics reform effort in the federal government in many years.
       Recent Supreme Court decisions have found that key portions of McCain-Feingold violate Third Amendment free speech rights.
       It curbed "soft money" donations in an effort to prevent those situations where single sources often supplied hundreds of thousands or millions of dollars.
       The bill toughens penalties, requires much more thorough reporting of lobbying activity, and prohibits members of Congress and their staffs from receiving gifts.

3. (TCO 3) All of the following are critics' concerns about the business community's influence in America EXCEPT: (Points: 2)
       in every dimension of American life, business values are increasingly restrictive.
       the corporation is arguably the central institution in contemporary America.
       near-blanket adoption of the business ethic signals a dangerous distortion of the nation's priorities.
       commercials have become so interwoven with Americans' total existence that they cannot effectively be "separated out."

4. (TCO 3) The ideas of this management guru have become the intellectual foundation of the mega-church movement in America. (Points: 2)
       Craig Karpel
       Peter Drucker
       Warren Buffett
       Milton Friedman

5. (TCO 3) According to the free market view, which of the following is considered the best measure of social responsibility? (Points: 2)
       Profit maximization
       Long-term company interest
       Triple bottom line/sustainability
       Social and environmental performance

6. (TCO 4) According to the text, which of the following would NOT be considered as one of the goals of the legal system? (Points: 2)
       To maintain order
       To resolve conflict
       To guarantee freedom
       To satisfy peoples' need for retribution

7. (TCO 4) Which of the following statements about public law and private law is true? (Points: 2)
       Contracts fall in the public law category.
       Commercial paper is a traditional business law topic in the private category.
       Public law regulates the legal relationship between individuals.
       Private law deals with the relationship between government and the citizens.

8. (TCO 4) Which of the following refers to the fact that a crime was committed with evil intent? (Points: 2)
       Mens rea
       Actus reus
       Stare decisis
       In rem action

9.  (TCO 4) Sometimes, trials are moved to avoid hardship or inconvenience, according to the doctrine of: (Points: 2)
       forum non conveniens.
       voir dire.
       stare decisis.
       standing to sue.

10. (TCO 4) A defendant may choose to respond to a default judgment in favor of the plaintiff by filing a(n) _____, the essence of which is to argue that even if the plaintiff's recitation of the facts is accurate, a claim on which relief can be granted has not been stated. (Points: 2)
       answer
       demurrer
       in rem action
       writ of certiorari