Ashford University BUS 311 Week 5 Quiz (2014)

Grade Details – All Questions 1. Question : A financial planner’s unreasonably excessive buying or selling of securities to generate commissions is known as: Student Answer: unauthorized trading fraud or misrepresentation churning failure or delay in processing 2. Question : A plaintiff must establish all of the following in order to be successful in proving the defendant’s negligence in a product liability lawsuit except: Student Answer: proximate cause duty intention breach 3. Question : The charter of the United Nations expressly allows trade sanctions and embargoes. Student Answer: True False 4. Question : A hazardous condition that exists throughout an entire product line is a: Student Answer: failure to warn design defect inherent hazard product flaw 5. Question : The restrictions some countries place on the number and kinds of products that may enter their nation in order to maintain a positive balance of trade is known as: Student Answer: tariffs quota systems trade sanctions boycotts 6. Question : Sulfur emissions cause pollutants to be discharged into the atmosphere and result in: Student Answer: the greenhouse effect acid rain ozone depletion chlorofluorocarbons 7. Question : The federal agency responsible for the safety of automobiles sold in the United States is the: Student Answer: NHTSA CPSC FDA EPA 8. Question : Businesses that create pollution may be required to pay a fine, however they cannot be found liable for negligence. Student Answer: True False 9. Question : Psychiatrists who learn from a patient that he or she intends to do harm to another has the legal responsibility to the patient to maintain confidentiality and cannot disclose such information to authorities. Student Answer: True False 10. Question : The phase of drug testing that the safety and effectiveness of the drug is evaluated in trials involving a great number of people is: Student Answer: Phase I Phase II Phase III Phase IV 11. Question : Damage to the ozone layer in the atmosphere is cause by: Student Answer: the greenhouse effect acid rain space junk chlorofluorocarbons 12. Question : When a host country mandates that at least partial ownership of a foreign company be sold to local citizens or companies prior to the foreign company’s conducting business within the host country’s borders, it is called: Student Answer: confiscation expropriation exclusion domestication 13. Question : Pursuant to the Clean Air Act, a standard which serves to protect human life and health is a: Student Answer: secondary standard principal standard derived standard primary standard 14. Question : A financial planner’s intentional or negligent misstatement or non-disclosure of a material fact relating to an investment is known as: Student Answer: unauthorized trading fraud or misrepresentation churning failure or delay in processing 15. Question : A physician can be found to be negligent for any of the following except: Student Answer: failure to order appropriate tests failure to prescribe appropriate medications failure to render an accurate prognosis failure to treat all patients equally 16. Question : Countries that enact laws prohibiting trade with specific countries are said to be using: Student Answer: tariffs quota systems trade sanctions boycotts 17. Question : To help allay costs in addressing environmentally scarred land CERCLA created a fund known as the: Student Answer: Toxic Waste Trust Fund Superfund Hazardous Substance Trust Fund Environmental Cleanup Fund 18. Question : A professional’s improper or immoral conduct in the performance of his or her duties through carelessness or lack of knowledge is considered to be: Student Answer: misbehavior malpractice misdemeanor misconduct 19. Question : In a product liability lawsuit, the plaintiff must show that the defendant either acted improperly, or failed to act. Student Answer: True False 20. Question : When a host country takes title to all of the assets of a foreign company and provides compensation to the owners of the foreign company, it is called: Student Answer: confiscation expropriation exclusion domestication