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LES 305 Exam Questions And Correct Answers
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LES 305 Exam Questions And Correct AnswersUniversalization approach - Answer "What if everyone took these same actions"
Government Hand Theory or the Invisible Hand (Adam Smith) - Answer Tom believes that
adhering to laws and statutes passed by courts of law will make his pesticide
manufacturing company socially responsible. In his company, business decisions are
simply made to avoid breaking the law. Which theory of corporate social responsibility
does Tom most likely follow?
Ypsilanti Township v. General Motors Corporation - Answer Ypsilanti was not successful
in a suit against GMC for breach of promise and misrepresentation. The court found that
GMC's promises of continued operations based on receipt of tax abatements were not
legally binding.
Broadcast News Test - Answer In today's media environment, very little goes unnoticed
or unreported, so it might be even more appropriate to ask how one would feel if a video
of a major decision went viral.
Kauffman-Harmon v. Kauffman - Answer Mr. Kauffman sued his children to have all stock
given to them transferred back to him, claiming their possession was only a temporary
trust, the court found that he children owned the stock and Mr. Kauffman's claims were
barred by the clean hands doctrine.
Securities Law - Answer issuing and selling securities (stocks)
Common Law - Answer derived from british law
statue of limitations - Answer sets the time within which a lawsuit must be filed after an
injury occurs.
, Uniform Commercial Code - Answer adopted in every state but Louisiana
Substantive Law - Answer group of laws that define rights and duties
i.e - freedom of speech
Procedural Law - Answer Search and Seizure
Gonzalez v. Raich - Answer patients who were prescribed medical marijuana sought to
prevent enforcement of the federal Controlled Substances Act (CSA) in medical marijuana
cases. They claimed enforcement violated the Commerce Clause because the medical
marijuana was cultivated and possessed within state borders and did not enter the
stream of commerce
The U.S. Supreme Court decided: the government had a rational basis for believing that
locally cultivated marijuana would end up in interstate commerce.
enumerated powers - Answer powers granted to congress by the constitution
U.S vs Lopez - Answer The Court invalidated the Gun-Free School Zones Act on the basis
that it was beyond the commerce powers of Congress. In Lopez, the Court struck down
the Gun-Free School Zones Act of 1990. The Court concluded that the banning of firearms
in local schools was a state police power and, therefore, more appropriately handled by
the state government.
Intermediate level scrutiny - Answer The middle level of scrutiny applied by courts
deciding constitutional issues through judicial review; upheld if the government shows
that a regulation involves an important government objective that is furthered by
substantially related means.
Courts will uphold government actions as constitutional so long as the government can
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