BLAW 202 Sample Questions Spring 2025
- Business Law
- 2 pages
- Shared June 2025
Prepare for BLAW 202 with these sample questions covering corporate governance, shareholder rights, competition law, and intellectual property. Ideal for students seeking a quick review ahead of Spring 2025 exams.
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BLAW 202 Sample Questions Spring 2025 Q: (A) is a shareholder in (B) Inc., a joint-stock company in Turkey. In (B) Inc.'s general assembly meeting, (A) asks board members questions about the firm's profitability levels. Unsatisfied with the answer, (A) proposes a resolution which requires the company to appoint an investigator to prepare a report on the company's low financial performance. The general assembly then passes a resolution on distribution of profits to shareholders. Which of the following shareholder rights is not engaged in the case above? A) Right to sue for dissolution B) Right to information C) Right to receive dividends D) Right to ask for a special audit Q: Which of the following is true about the board of directors in a public joint-stock company? A) The stock exchange on which the company's shares are traded appoints board members. B) All members need to be independent directors. C) Affirmative votes (i.e., votes in favor of the matter in question) of independent board members are required in certain cases. D) At least one of the directors must be elected from among shareholders. Q : Which of the following is true about competition law? A) Cartel is just another term for the dominant undertaking in a market. B) Unless an agreement in writing is proved beyond question, it is presumed that there is no anti- competitive arrangement in place. C) Substitutability is among the critical elements in determining the relevant market. D) Acquiring a dominant position in a market is strictly prohibited.
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