Maximize profits and indicate good corporate citizenship

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Reference no: EM133059083

1. To maximize profits and indicate good corporate citizenship, businesses should evaluate a decision's:

a. safety risks for consumers and employees

b. financial implications

c. all of the above

d. public relations impact

e. legal implications

2. An example of the moral minimum is excessive corporate salaries.

True

False

3. If a corporation is incorporated in Delaware, has its main office in Massachusetts and does business in New Hampshire, but its president lives in Connecticut, in which state(s) can it be sued?

a. Delaware, Massachusetts and New Hampshire

b. Only Connecticut

c. Connecticut, Delaware and Massachusetts

d. Only Delaware

e. Delaware and Massachusetts

4. Negligence requires the proof of which elements?

a. None of the above

b. duty of care, breach of duty and injury

c. duty of care, breach of duty and damages

d. duty of care and breach of duty

5. In order to prove the tort of defamation one must show the publication of a statement that holds an individual up to contempt, ridicule, or hatred.

True

False

6. The right to privacy is guaranteed by the Bill of Rights and some state constitutions.

True

False

7. Which of the following is true about the differences between criminal and civil law.

a. The burden of proof for a civil case is preponderance of the evidence.

b. An act that leads to tort liability can never also lead to criminal liability

c. The burdens of proof for both civil and criminal cases is proof beyond a reasonable doubt.

d. In both criminal and civil cases a jury must find the defendant guilty by a unanimous vote.

8. In the case People v. Sisuphan (2010), the defendant was convincted of embezzlement, but not larceny.

True

False

9. The basic requirements for a valid contract are:

a. agreement, consideration, capacity and legality

b. in writing, consideration is made, both parties agree

c. agreement, capacity and legality

d. agreement, unilateral bargain and legality

10. What kind of a property right is this:

-Joint ownership of property; each party owns undivided interest that passes to his or her heirs

a. tenancy in common

b. leasehold estate

c. joint tenancy

d. community property

Attachment:- Business Law.rar

Reference no: EM133059083

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