Unless the parties agree otherwise, a promoter of a corporation is liable for contracts entered into prior to?

Unless the parties agree otherwise, a promoter of a corporation is liable for contracts entered into prior to corporate formation.

A. True

B. False

Question 7 of 20 5.0 Points

The mere formation of a corporation is not an absolute liability shield.

A. True

B. False Reset Selection

Question 8 of 20 5.0 Points

Prosecutors will look at all of the following factors when determining whether to bring a SOX violation, except:

A. Nature and seriousness of the offense, including the risk of harm to the public.

B. Corporation’s remedial actions, including efforts to implement or improve a compliance program.

C. Whether the company’s actions resulted in sufficient profits for the company.

D. Adequacy of the prosecution of individuals responsible for the malfeasance. Reset Selection

Question 9 of 20 5.0 Points

The purpose of SOX is to protect investors by improving the accuracy and reliability of corporate disclosures.

A. True

B. False Reset Selection

Question 10 of 20 5.0 Points

The Civil Rights Act of 1964 has several provisions, but the most important for businesses is known widely as:

A. Title I.

B. Title VIII.

C. Title II.

D. Title III.

E. Title VII. Reset Selection

Question 11 of 20 5.0 Points

Title VII eliminates job discrimination on the basis of all of the following EXCEPT:

A. sex.

B. race.

C. color.

D. age.

E. religion. Reset Selection

Question 12 of 20 5.0 Points

The philosophy of Milton Friedman is influential in all of the following, except:

A. Stakeholder theory

B. Shareholder theory

C. Free Market ethics

D. Friedman’s philosophy is influential in all of the above. Reset Selection

Question 13 of 20 5.0 Points

Attributions of irresponsibility may generate stronger external reactions than perceptions of responsibility and, ultimately, have a much greater impact on the firm’s relationship with its environment.

A. True

B. False Reset Selection

Question 14 of 20 5.0 Points

Title VII of the Civil Rights Act of 1964:

A. creates only three protected classes.

B. gives victims of discrimination the immediate right to file a federal lawsuit.

C. prohibits all types of discrimination.

D. requires employers to treat employees equally, but not identically.

E. applies to employers with more than 10 employees. Reset Selection

Question 15 of 20 5.0 Points

The Equal Employment Opportunity Commission (EEOC):

A. is a federal agency established by the Civil Rights Act of 1968.

B. publishes guidelines for the public sector to assist businesses in deciding what employment practices are lawful or unlawful.

C. enforces civil rights in the workplace.

D. investigates complaints filed by employers who believe they are victims of unlawful discrimination.

E. does not give victims of discrimination the immediate right to file a federal lawsuit. Reset Selection

Question 16 of 20 5.0 Points

British Petroleum’s management’s actions on the Deepwater Horizon job that appeared to emphasize cost control and speed to completion instead of safety would be an example of

A. Ethical Egoism

B. Free Market Ethics

C. Shareholder theory

D. All of the above Reset Selection

Question 17 of 20 5.0 Points

Congress passed the _____, which gives victims the right to file a complaint within 180 days of their last discriminatory paycheck.

A. Lilly Ledbetter Fair Pay

B. Fair Labor Standards Act

C. Rehabilitation Act

D. Equal Pay Act

E. Paycheck Fairness Act Reset Selection

Question 18 of 20 5.0 Points

If a defendant does not answer the complaint, what is the result?

A. Default judgment against defendant

B. Case dismissed

C. Bench arrest warrant issued against defendant

D. Automatic 30-day stay granted to defendant

E. Automatic 60-day stay granted to defendant Reset Selection

Question 19 of 20 5.0 Points

Which is the most expensive form of discovery?

A. Interrogatories

B. Requests for admission

C. Depositions

D. Requests for production

E. Spoliation Reset Selection

Question 20 of 20 5.0 Points

Jenny promises to pay Ivan $300 in exchange for Ivan’s promise to paint Jenny’s house. This is an example of a(n):

A. unilateral contract.

B. bilateral contract.

C. invitation to bargain.

D. assignment.

E. illusory promise.

2 Answers

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  • 8 years ago
    Favorite Answer

    Too easy to warrant an answer from me, except for Q 20. The agreement, especially if in writing, is an executory contract, which means if either party performs the expected act, the other party is bound to perform its promised act.

  • 7 years ago

    Do you have the answers to this test by chance?

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