Define what would most likely be the result

Assignment Help Business Law and Ethics
Reference no: EM131621412

This section contains 10 multiple choice questions. Choose the response for each question that is most accurate and write its corresponding letter in the space provided.

1. ________. Which of the following IS NOT an intentional tort?
A. Assault
B. Infliction of Emotional Distress
C. Negligent misrepresentation
D. False Imprisonment

2. ________. Which of the following scenarios WOULD MOST LIKELY result in strict liability in tort being found?
A. Plaintiff injured when Defendant driver speeds through a red light.
B. Neighbor injured when a pet tiger gets free from its chains and bites neighbor.
C. Adult injured when the horse he is riding at the for-profit stable is spooked by a noise, bucks and throws the rider off.
D. All of the above would likely result in strict liability in tort being found.

3. ________. Typically, a jury will award ____________ damages in negligence and breach of contract cases but in extraordinary situations involving bad-faith breach of contract or intentional torts may also award ___________ damages.
A. Compensatory / Punitive
B. Liquidated / Treble
C. Punitive / Treble
D. Compensatory / Treble

4. ________. In a negligence case, the Plaintiff must prove all of these elements in order to be successful:
A. Mutual Assent, Duty, Lack of Consideration & Damages
B. Privity, Duty, Breach of Duty & Damages
C. Duty, Breach of Duty, Proximate Cause & Damages
D. Intention to Harm, Actual Harm & Damages

5. ________. In a hurry to get to a party that he was running late for, James stopped at Shop-Quick to pick up a few last-minute things for the party. As he ran down the junk food aisle looking for nachos and pretzels, he slipped and fell on a puddle of salsa sauce that had spilled and had not yet been cleaned up. When James sues Shop-Quick for his injuries, he should be concerned about all of the following defenses except _______________________?
A. Contributory Negligence
B. Comparative Negligence
C. Mutual Mistake
D. Assumption of Risk

6. ________. Which is true of the "objective reasonable person" standard?
A. The standard is used in negligence cases but not in contract disputes.
B. The standard is used in contract disputes but not in negligence cases.
C. The standard is used in both contract disputes and negligence cases.
D. The subjective intent of the parties governs in contract disputes and negligence cases.

7. ________. Fred had great difficulty accepting Sara's decision to break off their engagement. Sara was Fred's high school sweetheart and the couple had dated off and on since their grammar school days. Fred now wonders if he is entitled to the engagement ring back. If Fred sued, what would most likely be the result?
A. Sara would be permitted to keep the ring because it was a conditional gift.
B. Sara would be permitted to keep the ring because it was given in consideration of the love she and Fred had for many years.
C. Fred would be entitled to the ring's value or its return as a matter of equity because the ring unjustly enriched her at Fred's expense.
D. Fred would be entitled to the ring's value or its return as a matter of law because Sara breached her promise to marry and the ring was a conditional gift.

8. ________. As the years passed and Fred saw his neighbor dating another guy after their broken engagement, he began to spy on Sara and her new boyfriend by looking over the fence between their properties on numerous occasions into Sara's bedroom. Fred also left numerous harassing phone messages and on two occasions threatened to harm Sara and on her boyfriend if she didn't reconsider his marriage proposal again. Sara became frightened and her anxiety was aggravated causing her to resume treatments with her therapist. She now comes to you and asks if she can sue Fred for anything in this scenario. Your best advice should be _____?
A. Yes, because Fred breached his duty of good faith and fair dealing to Sara.
B. Yes, because Fred committed the torts of invasion of privacy and intentional infliction of emotional distress.
C. Yes, because Fred committed the torts of assault and battery.
D. No, because Fred is psychologically imbalanced and lacks the required intent necessary to commit any of tort actions identified in responses A, B and C above.

9. ________. Egan, a minor, contracted with Joe's Computer Service to purchase a refurbished computer "as is" for $500.00. Joe's Computer Service operated out of a back room of his parent's warehouse in a portion of the town zoned solely for Industrial and Warehouse use. The deal concluded between Egan and Joe's Computer required a downpayment of $250 from Egan to take delivery of the computer and a final payment of $250 within thirty days. On the 20th day after Egan paid the initial payment and took delivery, the computer was seriously damaged. Five days after the damage occurred and one day after Egan reached the age of majority, Egan returned the computer and disaffirmed the contract. Joe's Computer sues Egan for the remaining $250 payment. What will the likely result be?
A. Joe wins because Egan breached their deal, partial payment constituted partial performance, Egan was unjustly enriched and equity demands the result in the interests of justice.
B. Joe loses because his failure to comply with the town's zoning laws disqualifies him from having any right to enforce a valid contract.
C. Joe loses because the computer was seriously defective.
D. Joe loses because Egan lacked the requisite contractual intent and properly disaffirmed within a reasonable time of reaching majority age.
E. Both B and D are correct.

10. _______. Brown wanted to acquire a franchise from the Dunkin' Donuts Corp. ("DDC") and establish one in Newark on Broad Street. The location he chose was properly zoned for commercial purposes in general and drive-through restaurants, including fast food and bakery products, in particular. Brown lived in California and wanted to return to the East Coast after 10 years on the West Coast. An agent of DDC informed Brown that if he relocated, acquired the property he had in mind and paid the $20,000 franchise fee, he would be given a Dunkin' Donuts franchise. In reliance on the agent's promise, Brown quit his job in California, relocated to northern New Jersey, acquired the land and submitted his formal franchise request along with the required fee to DDC. Brown received no response and after waiting two months, sued DDC. In response to the suit, DDC asserted that there was no promise supported by valid consideration and no binding contract to give him a franchise. Will Brown prevail at trial?
A. Brown will prevail because of the doctrine of promissory estoppel since he reasonably relied upon DDC's promise and substantially performed his part of the bargain in good-faith.
B. Brown will prevail because his agreement with DDC was voidable in light of DDC's intentional misrepresentations concerning material terms.
C. DDC will prevail because no express contract with valid consideration existed.
D. DDC will prevail because the agent's statement that Brown would be given a franchise exceeded the agent's corporate authority and could not bind DDC as a result.

Reference no: EM131621412

Questions Cloud

Begin with rather broad question : Let's begin with this rather broad question, how did the war start in Europe? You can answer this by considering either political or military issues.
Explain the name and description of the selected company : Explain the name and description of the selected company. Describe the methods you would use for collecting a suitable sample of either qualitative data.
Discuss the uniform gifts to minors act : Theodore Alexander Buder's father made substantial gifts to his minor grandchildren
Which business organizational form would be best given : Develop a 350- to 700-word summary with the following information: Which business organizational form would be best given the above circumstances, and why?
Define what would most likely be the result : Fred now wonders if he is entitled to the engagement ring back. If Fred sued, what would most likely be the result
Prepare the journal entries to record the restricted stock : Prepare the journal entries to record the restricted stock on January 1, 2017 (the date of grant), and December 31, 2018
Comparative and a transnational context : How has the Atlantic World History provided frameworks that have enhanced the study of the past in a comparative and a transnational context and also influenced
How large is the board and how many staff members : Is it a membership organization with a representative board or a self-perpetuating board? How large is the board and how many staff members?
Compute earnings per share : Question - Pina Inc. presented the following data. Compute earnings per share

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd