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MGMT 254 Final Exam 2024 with 100% complete solutions
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A state supreme court hears every case a party appeals to it. correct answersFalse Equity steps in to fill the gaps and provide justice when the law is inadequate. correct answersTrue Arbitration is a dispute making process that occurs in a court of law. correct answersFalse Procedural law...

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  • January 9, 2024
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  • 2023/2024
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MGMT 254 Final Exam
A state supreme court hears every case a party appeals to it. correct answersFalse
Equity steps in to fill the gaps and provide justice when the law is inadequate. correct answersTrue
Arbitration is a dispute making process that occurs in a court of law. correct answersFalse
Procedural law delineates the steps that must be adhered to when enforcing rights and liabilities. correct
answersTrue
When the parties opt to mediate to settle disputes, the losing party generally can appeal from such mediation to a court. correct answersTrue
Uniform state laws were adopted by individual states after being written by Congress correct answersFalse
A judge rules on the admissibility of evidence presented in the trial. correct answersTrue
The time-honored rules that courts used to solve similar problems for hundreds of years or decades is called precedent. correct answersFalse
Administrators can create regulations that have the force of law. correct answersTrue
Daniel asserts he had a legal right. Daniel is really saying he has an obligation to perform or refrain from performing an act. correct answersFalse
In the US, money is the default remedy in many civil disputes. However, when the law does not offer an adequate remedy through money, ________ is a body of law that provides justice. correct answersEquity You are not protected from unreasonable searches by the right to privacy in which of the following scenarios: correct answersin the commission of a crime.
The right to privacy means that individuals correct answersare protected against intrusions by individuals.
The Securities Exchange Commission (SEC) was created as part of an act of Congress. The SEC creates: correct answersadministrative regulations.
Suppose Devonne signs a contract to purchase a cottage from Anthony, but Anthony later refuses to transfer title to the cottage to Devonne. Devonne could force Anthony to transfer title to the cottage by asking a court for an order of .... correct answersNot: substantive law.
A right is defined as: correct answersa legal capacity to require another party to preform an action.
Which of the following is/are an example of limited or special jurisdiction court/s? correct answersProbate, Juvenile, and Domestic Relations Court
Allison is called as a witness in a robbery trial to testify for the prosecution. When testifying at trial, Allison will undergo ______ by the prosecutor, and a(n) ________ by defense counsel. correct answersdirect examination, cross-examination
The types of civil cases that a private citizen can file in federal district courts include: correct answerscases between citizens of different states that involve damages of $75,000 or more
Substantive law: correct answerscreates, defines, and regulates rights and liabilities
Requiring buyers to purchase one product in order to get another is acceptable practice and not a violation of the Sherman Act. correct answersFalse
A court will not reverse an agency's decision merely because the court would have made a different decision based on the same facts. correct answersTrue Under the Sunshine Act of 1976, called the open meeting law, the federal government requires most meetings of major administrative agencies to be open to the public. correct answersTrue
A federal agency planning to adopt a new regulation must give public notice of such intent and then hold
a hearing at which members of the public may express their views and make suggestions. correct answersTrue
The Sunshine Act requires most meetings of major administrative agencies to be open to the public. correct answersTrue
In an administrative hearing, an administrative law judge hears the complaint and has the authority to swear witnesses, take testimony, make evidentiary rulings, and make a decision to recommend to the administrative agency heads for action. correct answersTrue
A person who is harmed by a conspiracy that violates the Sherman Antitrust Act may sue the wrongdoers
for treble damages, which is four times the actual damages. correct answersFalse
An agreement to charge an agreed-upon price or to set maximum or minimum prices between or among
competitors is called price fixing but it is not per se a violation of the Sherman Act. correct answersFalse
Boycotts are always illegal, even when done with good intentions. correct answersTrue
Nobel economist Milton Friedman believes that government regulation of business interferes with the free enterprise system. correct answersTrue
To satisfy the requirements of due process, an agency handling a complaint must generally______, although there is no right to __________. correct answersgive notice and hold a hearing, trial by jury before an agency.
When the FTC or DOJ evaluate mergers under the Clayton Act, they can request a divesture order which is: correct answersNot: An order by a quarter requiring an enterprise to dispose of its inventory.

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