Law multiple choice questions

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please answer the 42 multiple choice questions







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Question 63 pts Melissa owns a major hair care products business that has hit hard times. She needs to file for bankruptcy protection. However, she wants to continue to run the business by reorganizing it and getting her creditors under control. Under what chapter of bankruptcy should Melissa file for bankruptcy? 11 12 13 7 Flag this Question Question 73 pts You are owed thousands of dollars from the ScanScap Corporation. Scansnap's CEO claims that his company can never be taken into bankruptcy court because he won't allow it and the corporation's creditors can NEVER force it into bankruptcy court. Is the CEO's statement true or false? True False Flag this Question Question 83 pts What is the name of the document that a person must file with the Court to start or commence a lawsuit? Scheduling Order Answer Complaint Motion Flag this Question Question 93 pts When walking down the street, a piano from above you slips from the top floor of Trump Towers and smashes your prized unicycle. To replace it, it will cost $4,500. You sue and are awarded $4,500.00 What kind of "damages" were you awarded by the judge? Consequential Liquidated Compensatory Absolute Flag this Question Question 103 pts After a person filed a lawsuit, what document must the defendant (or person sued) file in response to the lawsuit? Complaint Answer Scheduling Order Motion Flag this Question Question 113 pts The highest court in the United States is which court? The Final Circuit of the United States The United State Supreme Court The Michigan Supreme Court International Court of Justice Flag this Question Question 123 pts Larry entered into a contract with Moe that Larry would give Moe a prized Three Stooges prop this past Monday. Larry failed to deliver. Moe sued and lost the lawsuit. Which of the following is main/best reason why? Larry lacks capacity to enter into a contract The prized Three Stooges prop has no value Lack of consideration Larry has immunity from suit Flag this Question Question 133 pts Select all the stakeholders of Saginaw Valley State University Students Faculty The citizens of Saginaw County Local business owners All of the above Flag this Question Question 143 pts ABC Corp has one President named Mike. It has two vice presidents named Bill and Ted. It has one main customer named Ron. Ralph has all the shares (ownership) of ABC Corp. Which of these three men is ABC Corp's shareholder. Ralph Mike Ron Bill and Ted, equally Bill and Ted, separately Flag this Question Question 153 pts Rita offers to enter into a contract to purchase a vehicle from Sarah. At this point of the transaction, Rita is the ____________ to the proposed transaction. . Promissee Offeror Promisor Obligator Flag this Question Question 163 pts Daddy Warbucks, the CEO titan of a defense contractor, loves his alma mater, Saginaw Valley State University. He promises the alumni director, in writing, that he would donate $1million dollars a year for the next five years. Then, three days later, he is indicted for bribes (he didn't take this class about business ethics). He decides he is going to cancel his donation. Saginaw Valley State University sues to enforce the donation and SVSU loses in court. Which of the following is main/best reason why? Lack of consideration The contract is void due to criminal gains The Foreign Corrupt Practices Act voids the transaction The contract must be in oral form only Question 183 pts A provision in the Michigan state constitution conflicts with a provision in the U.S. Constitution. If challenged, which of the following is the most likely outcome Neither provision will be enforced; they cancel each other out The provisions will be balanced to reach a compromise. The state provision, not the U.S. Constitution, will be enforced. the U.S. Constitution, not the state provision, will be enforced.T Flag this Question Question 193 pts The Bay City Planning Department, the Coastal County Zoning Commission, the Delaware Environmental Quality Agency, and the U.S. Bureau of Land Management issue regulations. These rules constitute: case law administrative law statutory law stare decisis Flag this Question Question 203 pts Tiny and Vito agree to hijack a truck carrying a load of diamonds. Tiny later refuses to go through with the crime. Vito can which of the following? Have the court enforce the agreement Recover in quasi contract for the loss of his share of the illegal profits Nothing because an agreement for the commission of a crime is void Seek a court order to compel Tiny to participate in the diamond heist Flag this Question Question 213 pts Camille, a tennis pro, convinces Dante, who has no athletic ability, that he has considerable skill and induces him to pay Camille $1,000 for tennis lessons. When Dante realizes the truth, he files a suit against Camille. Dante is most likely to recover on the basis of: unilateral mistake fraud mutual mistake none of the above Flag this Question Question 223 pts Niles, an accountant, is contracted to provide several audit reports on Optimal, Inc., one of Niles' client, knowing that the company intends to use the reports to borrow money. The reports that Niles produces are knowingly false. Outside of refund which Niles has already provided, what other kind(s) of damages could Optimal likely seek in a later filed lawsuit. (Read the question carefully.) Liquidated Dependancy Consequential Compensatory Flag this Question Question 233 pts Under the Statute of Frauds, all contracts must be in writing to be enforceable in a court case. True False Flag this Question Question 243 pts Merry Music Inc. and Nayda enter into a contract for Nayda to write six songs for which Merry Music agrees to pay her. Nayda transfers her right to payment under the contract to Omni Artists Agency. In the transfer of rights to payment, Nayda is which if the following: delegator assignor assignee promisee Flag this Question Question 253 pts Quan has the right under a contract with Runway Retail, Inc., to buy the clothing company's overstock. Quan's sale of this right to Sade's Style House is which of the following: a third-party beneficiary contract. a prohibited transfer an assignment a delegation Flag this Question Question 263 pts Bobbie enters into a contract with Claire, who agrees to paint Bobbie's studio apartment for $500. Claire is the ___________ and Bobbie is the ___________ . obligor; obligee assignor; assignee third party promissee; promisor none of the above Flag this Question Question 273 pts Bernadette enters into a contract to operate a Caramel Coffee franchise, which Caramel Coffee agrees to support as long as Bernadette maintains her business license. Caramel Coffee’s duty to perform is ________________. not a condition a condition precedent. a concurrent condition. a condition subsequent. Flag this Question Question 283 pts Polly agrees to buy Quinn’s Cycle World store business on the express condition that Ridgeline Credit Union approves the financing. This approval is ________________. not a condition. a condition precedent. a concurrent condition. a condition subsequent. Flag this Question Question 293 pts Omar and Penn want to alter their contract by executing a slightly different agreement with performance of certain agreed upon music services which are close, but not identical, to what they originally promised. They can best accomplish this by ________________. a mutual agreement to rescind and conclude the contract. an accord and satisfaction. a breach of contract. none of the above Flag this Question Question 303 pts When one party breaches a contract, the other party can only sue for damages (i.e. for money) and nothing else. True False Flag this Question Question 313 pts Punitive damages generally are awarded in lawsuits for breach of contract. True False Flag this Question Question 323 pts A __________ damages provision specifies that a certain amount is to be paid in the event of a future default or breach of contract. compensatory liquated breaching punitive Flag this Question Question 333 pts Information Security Inc. pays income and other taxes collected by the Internal Revenue Service (IRS). Like other federal administrative agencies, the IRS was created by Congress via enabling legislation the US Constitution States, via their courts the President, through an executive order. Flag this Question Question 343 pts Persons who favor the creation of a new federal biotech agency to regulate the production of genetically modified agricultural and animal products should concentrate their efforts on which public body: State legislatures Congress the Courts the Food and Drug Administration Flag this Question Question 353 pts The Securities and Exchange Commission decides to create a new rule relating to the dissemination of material nonpublic information through corporate Web sites. This process begins with the filing of a complaint against a charged party the publication of a notice of proposed rulemaking enacting the rule and seeing what happens the solicitation of public comments on a proposed drafted rule. Flag this Question Question 363 pts As a judge in a federal court, Judge Thomas L. Ludington (our local federal judge) can decide, among other things, whether the laws or actions of the executive and legislative branches are constitutional. The process for making this determination is known as __________. judicial review jurisdicition questioning venue none of the above Flag this Question Question 373 pts Orson files a suit against Portia. Before going to trial, the parties meet, with their attorneys to represent them, to present their dispute to a third party who is not a judge but who imposes a resolution on the parties instead of a judge. This is known as _______________. arbitration mediation negotiation not a legitimate form of dispute resolution Flag this Question Question 383 pts Ollie files a suit against Menard. Before going to trial, the parties meet, with their attorneys to represent them, to present their dispute to a third party who assists them in finding a resolution but cannot impose a resolution on the parties. This is known as _______________. arbitration mediation negotiation none of the above Flag this Question Question 393 pts President Donald Trump has issued yet another travel ban. Kai, a citizen of Hawaii, sues to challenge the President's executive order in federal district court in Honolulu, Hawaii. The local federal court rules in favor of President Trump. Which federal appeals court is the court Kai can take his appeal to in order to seek the overturning of the district court's decision? First Circuit Fourth Circuit Tenth Circuit None of the above Flag this Question Question 402 pts Bean House Coffees and Java Distributors, Inc., have a long-standing business relationship that they would like to continue. For this reason, they may prefer to settle any dispute between them through mediation because _____________________. the case will be heard by a jury the dispute will eventually go to trial the process is not adversarial the resolution of the dispute will be decided an expert Flag this Question Question 413 pts Maggie and Nate enter into a contract for the sale of a car, but Nate later refuses to deliver the car. Maggie asks a court to order Nate to perform as promised. Ordering a party to perform what was promised is _____________. specific performance rescission damages not in the court's authority to issue Flag this Question Question 423 pts Tony owns a major lawn care business that has hit hard times. His debts are just too much and needs to end the business and close the business. Under what chapter of bankruptcy should Tony file for bankruptcy? 7 11 12 13 Flag this Question Question 433 pts Congress enacts a law prohibiting toys made in Indonesia from being sold in the United States. The Washington state legislature enacts a law allowing the sale of Indonesian-made toys. Washington's law will most likely be ______________. rendered invalid under the supremacy clause. upheld under the commerce clause. upheld under the dormant commerce clause. render the Congressional statute void Flag this Question Question 443 pts Oklahoma enacts a law requiring all businesses in the state to donate 10 percent of their profits to Protestant churches that provide certain services to persons whose income is below the poverty level. Price-Lo Mart files a suit to block the law’s enforcement. The court would likely hold that this law violates ________________. no clause in the U.S. Constitution the establishment clause the anti-proverty clause the supremacy clause Flag this Question Question 453 pts When the person sued files their response to the lawsuit, this document is known the ___________. complaint answer scheduling order motion Flag this Question Question 463 pts In the City of Christmas, Michigan, it is illegal to buy or sell anything related to Valentines Day. Robert, an adult, makes a deal with Ronnie, also an adult, that he will buy all the chocolate valentines hearts he has for $500. Robert gives Ronnie $500 and then Ronnie supplies chocolate of a bad quality. Robert sues. What is Ronnie's best defense? The contract is void for illegality The contract is voidable due to age of Ronnie There is a lack of considersation None of the above Flag this Question Question 473 pts Laura offers to sell Alexis 10,000 shares of stock for $1 million. Alexis writes a letter back to Laura saying "I accept your offer" and places the acceptance letter into the mailbox at the US Postal Service. Then the stock price goes down, drastically, making the stock worth only $25,000. Alexis refuses to pay the $1 millio to Laura and Alexis is sued by Laura. The judge rules that a valid contract was formed. What legal rule did the judge likely invoke? The method of acceptance rule Unconscionability The mailbox rule Lack of consideration Flag this Question Question 483 pts Saginaw Valley State University has available housing for its students which SVSU offers by contract. Under the contract, before the SVSU is obligated to assign you to a townhouse, the renter must be a full time student of the University. When Rachel signs a contract with SVSU to rent a townhouse, she is only a part-time student. Despite a signed contract, SVSU refuses to assign her to a townhouse. What legal concept describes the 'full time student' obligation which authorizes SVSU to refuse to provide housing to Rachel? Condition subsequent Condition precedent Implied conditions None of the above ...
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Tutor Answer

Engr_Audrey
School: University of Maryland

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Question 63 pts
Melissa owns a major hair care products business that has hit hard times. She needs to
file for bankruptcy protection. However, she wants to continue to run the business by
reorganizing it and getting her creditors under control. Under what chapter of
bankruptcy should Melissa file for bankruptcy?
11
12
13
7

Flag this Question
Question 73 pts
You are owed thousands of dollars from the ScanScap Corporation. Scansnap's CEO
claims that his company can never be taken into bankruptcy court because he won't
allow it and the corporation's creditors can NEVER force it into bankruptcy court. Is
the CEO's statement true or false?
True
False

Flag this Question
Question 83 pts

What is the name of the document that a person must file with the Court to start or
commence a lawsuit?
Scheduling Order
Answer
Complaint
Motion

Flag this Question
Question 93 pts
When walking down the street, a piano from above you slips from the top floor of
Trump Towers and smashes your prized unicycle. To replace it, it will cost $4,500.
You sue and are awarded $4,500.00 What kind of "damages" were you awarded by
the judge?
Consequential
Liquidated
Compensatory
Absolute

Flag this Question
Question 103 pts
After a person filed a lawsuit, what document must the defendant (or person sued) file
in response to the lawsuit?

Complaint
Answer
Scheduling Order
Motion

Flag this Question
Question 113 pts
The highest court in the United States is which court?
The Final Circuit of the United States
The United State Supreme Court
The Michigan Supreme Court
International Court of Justice

Flag this Question
Question 123 pts
Larry entered into a contract with Moe that Larry would give Moe a prized Three
Stooges prop this past Monday. Larry failed to deliver. Moe sued and lost the lawsuit.
Which of the following is main/best reason why?
Larry lacks capacity to enter into a contract
The prized Three Stooges prop has no value
Lack of consideration

Larry has immunity from suit

Flag this Question
Question 133 pts
Select all the stakeholders of Saginaw Valley State University
Students
Faculty
The citizens of Saginaw County
Local business owners
All of the above

Flag this Question
Question 143 pts
ABC Corp has one President named Mike. It has two vice presidents named Bill and
Ted. It has one main customer named Ron. Ralph has all the shares (ownership)
of ABC Corp. Which of these three men is ABC Corp's shareholder.
Ralph
Mike
Ron
Bill and Ted, equally
Bill and Ted, separately

Flag this Question
Question 153 pts
Rita offers to enter into a contract to purchase a vehicle from Sarah. At this point of
the transaction, Rita is the ____________ to the proposed transaction. .
Promissee
Offeror
Promisor
Obligator

Flag this Question
Question 163 pts
Daddy Warbucks, the CEO titan of a defense contractor, loves his alma mater,
Saginaw Valley State University. He promises the alumni director, in writing, ...

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Review

Anonymous
Good stuff. Would use again.

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