LEG 500 FINAL EXAM PART 2

Shareholder
activism includes which of the following?
Answer
the
proxy system
recommendations
with moral authority
preliminary
management resistance
all
of the above
Which
of the following are examples of significant environmental regulation passed by
the Federal Government.
Answer
The
Clean Air Act
The
Resource and Recovery Act
The
National Environmental Property Act
All
of the above
None
of the above
Shareholders
have the ability to promote green initiatives in companies they invest it by?
Answer
Requiring
that Boards of Directors act in certain specific ways to above massive
shareholder selloff.
Utilizing
the “proxy system” to attempt to promote green initiatives.
Utilize
shareholder meetings to make demands upon Boards of Directors
Shareholders
have no ability to promote green initiatives in companies they invest in..
Which
of the following are permissible uses of power of eminent domain.
Answer
The
government taking private property to transfer to a private company for development
of a strip mall.
The
government taking private property to build a highway.
The
government taking private property to expand an airport.
All
of the above
The
power of the U.S. Government to take property from a private individual and use
it for public purposes is:
Answer
Due
Process
Equal
Protection
Eminent
Domain
Suffrage
A
Tradeable permit plan will provide incentives for companies
Answer
To
reduce sulfur dioxide emissions.
Earn
additional revenue by selling sulfur dioxide emission credits that they are not
utilizing.
Provide
incentives to companies to become more technologically efficient.
All
of the above.
None
of the above.
________________
is the advertising industries established self-regulation organization.
Answer
The
National Advertising Board of Governors.
The
National Advertising Division of the Council of the Better Business Bureau.
The
National Advertising Division of the Council on Advertising.
The
National Advertising Division of the Council on Truth in Advertising.
The
original intent of brand expansion is to
Answer
Sponsor
culture and be culture.
Nudge
the hosting culture into the background and make the brand the star.
Work
within the existing culture to create a stronger brand awareness.
All
of the above.
None
of the above.
The
FTC regulates various industries by
Answer
The
use of heavy litigation
Fines
Consent
decree’s
Mediation
and/or arbitration
According
to John Kenneth Galbraith, the theory of consumer demand is based on the
following broad assumption(s):
I. Socialism will work in
all societies because consumers are willing to share their wealth.
II. The urgency of wants does
not diminish as more of them are satisfied.
III. Wants originate in the personality of
the consumer.
Answer
I
only
I
and II
III
only
II
and III
Commercial
speech is protected under which Amendment to the US Constitution?
Answer
1st
Amendment
5th
Amendment
14th
Amendment
None
of the above
In
the case of IMS Health, Inc., et al v. Kelly Ayotte, Attorney General of New
Hampshire, District Judge Barbadora argues that
Answer
Pharmaceutical
detailing is sometimes used in ways that benefit public health.
Pharmaceutical
detailing does not distinguish between beneficial detailing and harmful
detailing.
Neither
A nor B.
Both
A and B.
The
goal of the Consumer Product Safety Commission is to:
Answer
Ensure
that work place injuries never occur.
Protect
consumers from all risk of injury, illness, or death from unsafe products.
Protect
consumers from unreasonable risk of injury, illness, or death from unsafe
products.
Protect
worker from unreasonable risk of injury or death in the workplace.
The
Food and Drug Administration, the Consumer Product Safety Commission and the
National Highway Transportation Safety Association are
Answer
Cabinet
Departments within the Executive Branch
Subcommittees
of the Senate and House of Representatives within the Legislative Branch
Judicially
created organizations to implement Supreme Court mandates related to product
safety.
Independent
Agencies that report to no branch of government.
The
most notable exception to caveat emptor was for
Answer
Food
Automobiles
Clothing
Shoes
The
Ford Pinto exploded when rear-ended by another vehicle. Of the types of
defects a product may have, the Pinto suffered from
Answer
Design
Defect
Manufacturing
Defect
Warning
Defect
End-user
Defect
The
UCC controls contracts that:
Answer
Deal
with the sale of Goods.
Contracts
over $500 in value.
Contracts
between Merchants.
All
of the above.
Punitive
damages are:
Answer
Damages
that are intended to compensate the injured parties for their injures.
Damages
that are intended to reimburse the injured party for medical expenses.
Damages
that are intended to reimburse the injured party for time lost from work.
Damages
that are intended to punish the defendant.
Debora
Halbert asserts in her essay that:
Answer
women
have benefited greatly from intellectual property laws.
women’s
creativity has existed outside the boundaries of intellectual property law
in
the nineteenth century, writing poetry and novels enabled women to not only
express themselves intellectually but to reap financial rewards as well.
when
women knitted or quilted, they were reluctant to share their patterns with
other women.
The
difference between the Project Gutenberg (PG) and the Google book scanning
project is:
Answer
The
PG limits itself to the “classics”
The
PG limits itself to only works in the public domain
Google
only digitizes full documents but the PG digitizes key segments
The
PG limits itself to “orphan” works – those with hard-to-find authors or
owners.
If
an author owns a copyright to a non-fiction essay, then publishes that essay in
an anthology of similar essays published by a major publishing company, the
rights involved in this relationship would be referred to as ______.
Answer
collective
work
public
domain
collective
bargaining
joint
domain
The
“inducement rule” is vital to understanding if infringement has occurred in
what type of intellectual property?
Answer
Patent
Tradesecret
Trademark
Copyright
Which
of the following are characteristics needed to obtain a patent
Answer
A
new invention
A
novel invention
A
useful invention
All
of the above
None
of the above
Once
the copyright on a work has expired,
Answer
The
owner can renew it for a new term
The
work is in the public domain
The
work becomes the property of the government
The
work is considered no longer creative
Parodies
occur in what type of intellectual property?
Answer
Trademarks
Tradesecrets
Patents
Copyrights