LAW 531 Final Exam 51

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LAW 531 Final Exam 51LAW 531 FinalExam 51answers highlighted in green and underlined1 Under the Anti-Cybersquatting Consumer Protection Act, which of the following is true?Penalties are imposed for obtaining any domain name that infringes on a validtrademark. DomainNamesare granted only after ensuring that they do not infringe on a valid existing trademark.A plaintiff must show that the defendant acted in bad faith in order to recover.Prior approval by the affected celebrity is needed to obtain a domain name that is similar to a celebrity’sname.2 The Hart-Scott-Rodino Antitrust Improvement Act led to rules requiring:That mergers be allowed if United States competitiveness in world markets is improved.That failing companies are rescued through mergers whenever possible.That the Federal Trade Commission and the Justice Department be notified in advance of any mergerinvolving certain firms.That certain activities are classified as per se violations.

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3 The landlord has the right to enter the leased premises:To make necessary repairsOnly if specifically provided in the leaseTo inspect for wasteTo inspect for illegal use4 Which for of realproperty ownership includes the greatest degree of ownership?Fee simple defeasibleFee simple limitlessAbsolute life estateFee simple absolute5 A doctrine that says a patent may not be granted if the invention was used by the public for more thana certain period of time prior to the filing of the patent application is known as;The public use doctrineThe fair use doctrine

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The bar to patents doctrineThe public service doctrine6 This form of alternative dispute resolution allows both parties to see the strengths and weaknesses ofboth sides of the case.Mini-trialFact-findingJudicial refereeConciliation7 Which of the following is a distinguishing feature of a common law legal system?The making of law by the judges and thefollowing of precedentRequiring guilt be proven beyond a reasonable doubtAn appeal processThe sole source of law is a comprehensive civil code

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8 The Sarbanes-Oxley Act was enacted as the result of:The failure of the savings and loans in the 1980s.The high profile accounting fraud cases in the 1990s and early 2000s.The terrorist attacks of Sept 11, 2001.The collapse of the housing market in the late 2000s.9 Which of the following is true about sexual harassment in the workplace?Sexual harassment claims require that persons of both genders be involved.If a supervisor approaches someone and asks the person out for a social date, and if the supervisor actsin a socially customary manner, it will not be sexual harassment.Sexual harassment is covered under OSHA as part of workplace safety.The standards for a hostile work environment are extremely vague and depend on all the facts andcircumstances.10 Which form of alternative dispute resolution occurs when the parties choose an impartial third partyto hear and decide their dispute?Arbitration

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MinitrialMediationConciliation11 According to Sarbanes-Oxley, this person or people should sign the Federal income tax return of acorporation:Board of DirectorsChief Executive OfficerHead of the accounting firm that prepares the corporation’s tax returns.Chief Executive Officer and Chief Financial Officer12 Edward’s Warehouse stores a variety of generic goods for several distributors in Anytown. Which ofthefollowing describes Edward’s liability for the bailed goods should something happen to them?Comparative liability.Criminal liability.Ordinary negligence

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Strict liability.13 The tort of palming off involves:Making false statements about the goods of anotherFailing to credit another for that other person’s legal accomplishmentsRepresenting one’s own goods to be those of a competitorKnowingly selling goods that are defective.14 If an LLC fails to follow formalities such as keeping minutes of meetings, then which of the followingis true?Only the managers of a manager-managed LLC will lose limited liability.This failure will not result in imposing personal liability on any member.All members will lose their limited liability.Onlythe parties responsible for the failure will lose limited liability.15 If a plaintiff voluntarily enters into or participates into a risk activity that results in injury, what is themost likely defense that he or she may use to a defendant’s claimthat the plaintiff assumed the risk?

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