Bus415 Final Exam Study Guide

Apr 22nd, 2015
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1) The form of alternative dispute resolution wherein the parties hire someone to review the evidence and make a decision that is binding upon the parties is called? 2) The Federal Trade Commission is an example of? 3) A corporation is considered a citizen of what state?

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BUS 415 Final ExamA + Tutorial Guaranteed1) The form of alternative dispute resolution wherein the parties hire someone to review the evidence and make a decision that is binding upon the parties is calledA. negotiationB. settlement conferenceC. conciliationD. arbitration2) The Federal Trade Commission is an example ofA. a federal agency created by the federal governmentB. a corporation subsidized by the federal governmentC. a branch of the U.S. Supreme CourtD. a temporary commission created by executive order that has become permanent3) A corporation is considered a citizen of what state?A. The state where the majority of the employees liveB. It is not a citizen because it is a businessC. The state where it filed its Articles of IncorporationD. The state where the president of the corporation lives4) The Federal False Claims Act is also known asA. the Sarbanes-Oxley ActB. the Whistleblower StatuteC. the Statute of FraudsD. the Statute of Limitations5) Utilitarianism is a moral theory, which statesA. ethics requires a decision-maker to take actions which result in the greatest good to societyB. ethics requires following the Golden Rule (do unto others as you would have them do unto you)C. ethics requires actions which use the most efficient toolsD. ethics requires acting according to the Bible or some outside source6) Which of the following statements is true?A. If something is legal, it is always ethical.B. Practices that are legal i

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