Graded Homework

QUESTION 1

1. Evidence 1ETF: Nathan says that when he handed his computer to Farrah she dropped it. Farrah says that Nathan dropped it. Nathan’s proof is his testimony.

   True

   False

1 points (Extra Credit)

QUESTION 2

1. Evidence 2ETF:Taryn says that Werner failed to stop at a stop sign and hit her as she drove through it. Werner says Taryn failed to stop at the stop sign and hit him as he drove through it. Taryn’s evidence that Werner failed to stop at the stop sign is her testimony.

   True

   False

1 points

QUESTION 3

1. Government 1FTF: State laws do not have to be approved by the federal government before they become effective.

   True

   False

1 points

QUESTION 4

1. Government 1GTF: Federal contract law covers all contracts entered into in the U.S.

   True

   False

1 points (Extra Credit)

QUESTION 5

1. Government 1HTF: Contract law is primarily a matter of state law.

   True

   False

1 points

QUESTION 6

1. Government 1ITF. Since one of the things governments do a lot of is pass laws, one might expect that many constitutional law issues deal with whether or not a particular law is valid.

   True

   False

1 points

QUESTION 7

1. Government 2FTF: Justin files his case involving California state law in a California state court. The matter is appealed all the way to the California Supreme Court and he still loses. He could appeal the case to the United States Supreme Court.

   True

   False

1 points

QUESTION 8

1. Government 2GTF: Property law is primarily a matter of state law.

   True

   False

1 points

QUESTION 9

1. This question relates to one of the videos. If you did not watch the videos do so now.

   In the video called “Mediation in a Rape Case”, Al Franken was speaking before Congress. The woman who was attempting to litigate against her employer for the rape was not allowed to because she had signed a requiring binding of her claims against her employer.

1 points

QUESTION 10

1. This question relates to one of the videos. If you did not watch the videos do so now.

   It is possible to give up your right to sue your employer through a contract that says this.

   True

   False

1 points

QUESTION 11

1. After the complaint and answer stage the next stage of the litigation you saw was [x].

1 points

QUESTION 12

1. In addition to proving that the chemicals were dumped, the lawyer had to show [x], that is that the chemicals caused the injuries.

1 points

QUESTION 13

1. In mediation, the mediators ______________.
   

   attack the credibility of the witnesses.

   try to get the parties to agree on how to resolve the issues.

   get the parties to agree to a non-jury or bench trial.

   use the law to convince the parties of who is legally right and who is legally wrong.

1 points

QUESTION 14

1. The earnings of a not-for-profit corporation are distributed among its members.

   True

   False

1 points

QUESTION 15

1. Which of the following is a right to which every general partner is entitled under the Uniform Partnership Act?
   

   right to free and open speech

   right to return of capital

   right to legal action

   right to remuneration

1 points

QUESTION 16

1. The ________ is the basic governing document of a corporation which must be filed with the secretary of state of the state of incorporation.
   

   debt security

   certificate of authority

   articles of incorporation

   redeemable stock

1 points

QUESTION 17

1. Shares that are repurchased by a corporation are called unissued shares.

   True

   False

1 points

QUESTION 18

1. A partner who winds up the affairs of a limited partnership has the same rights, powers, and duties as a partner winding up a general partnership.

   True

   False

1 points

QUESTION 19

1. Which of the following is a definition of a foreign corporation?
   

   A corporation in states other than the one in which it is incorporated.

   A corporation with incorporations in multiple states.

   A corporation in the United States which has been incorporated in another country.

   A corporation in the state in which it is incorporated.

1 points

QUESTION 20

1. Limited partners have unlimited personal liability for the debts and obligations of the limited partnership.

   True

   False

1 points

QUESTION 21

1. A(n) ________ is a person who organizes and starts a corporation, negotiates and enters into contracts in advance of its formation, finds the initial investors to finance the corporation, and so forth.
   

   promoter

   articles drafter

   incorporator

   negotiator

1 points

QUESTION 22

1. Stock that permits a corporation to buy back the preferred stock at some future date is known as ________.
   

   participating preferred stock

   redeemable preferred stock

   convertible preferred stock

   cumulative preferred stock

1 points

QUESTION 23

1. Limited partners are not liable for the debts and obligations of the partnership if they participate in the management of the limited partnership, without being employed as a manager or an executive.

   True

   False

1 points

QUESTION 24

1. A corporation in the United States that has been incorporated in another country is referred to as a(n) ________ corporation.
   

   onshore

   domestic

   alien

   foreign

1 points

QUESTION 25

1. Which of the following is true of the management of a general partnership?
   

   The number of votes a general partner has depends on the proportion of his or her capital investment.

   If the vote is tied, the action being voted on is considered to be defeated.

   Only general partners in the board of directors have the authority to participate in the management.

   Partnership matters are decided by unanimous agreement only.

1 points

QUESTION 26

1. A(n) ________ is a document that two or more persons must execute and sign that makes a limited partnership legal and binding.
   

   limited trade affidavit

   limited partnership agreement

   certificate of limited partnership

   article of limited partnership

1 points

QUESTION 27

1. An ordinary partnership is also known as a ________.
   

   limited partnership

   sole proprietorship

   limited liability company

   general partnership

1 points

QUESTION 28

1. A contract between a corporation and a holder that contains the terms of a debt security is known as a(n) ________.
   

   liquidation

   bond

   debenture

   indenture

1 points

QUESTION 29

1. A sole proprietor is legally responsible for the business’s contracts.

   True

   False

1 points

QUESTION 30

1. A panel of persons who are elected by the shareholders that make policy decisions concerning the operation of a corporation is known as the ________.
   

   legal aides

   consortium

   cartel

   board of directors

1 points

QUESTION 31

1. In case a corporation’s assets are liquidated, the preferred stockholders are paid before common stockholders.

   True

   False

1 points

QUESTION 32

1. Which of the following is a major form of conducting a business?
   

   trust

   corporation

   institution

   charity

1 points

QUESTION 33

1. The shareholders of the corporation have the absolute right to amend bylaws.

   True

   False

1 points

QUESTION 34

1. In a sole proprietorship, the business is considered a separate legal entity from the owner.

   True

   False

1 points