WGU D216 Business Law For Accountants – Questions And Answers 2022 Latest Solutions A hardware store proactively informs clients whenever recalls happen. It is always willing to replace defective items at no cost even if th e warranty has expired. Its philosophy is to maximize benefits and minimize harm. This approach is known as outcome -based ethics. What is a characteristic of outcome -based ethics? It focuses on the obligations of the corporation. It focuses on standards for behavior that traditionally were derived from religious authorities. It focuses on basic rights. It focuses on the consequences of an action. Correct Answer: It focuses on the consequences of an action A floral company is currently hiring a new employee. After interviewing a great candidate, the human resources coordinator looked up the candidate on social media. The human resources coordinator found too many pictures of cocktails and beers on the candid ate's profile. The prospective candidate worked part -time as a bartender. The human resources coordinator called the candidate and told him that she found a better fit even when she had not hired anyone for the position. Are the human resources coordinator 's actions legal and ethical? The actions are legal and ethical. The actions are legal but unethical. The actions are illegal but ethical. The actions are illegal and unethical. Correct Answer: The actions are legal but unethical. What is a purpose of th e Uniform Commercial Code? Reduce difficulties for businesses conducting trade and commerce Facilitate commerce between the states and foreign countries Discriminate against jurisdictions that have not adopted this uniform law Establish the rules applying to real state, service, and employment contracts Correct Answer: Reduce difficulties for businesses conducting trade and commerce Which type of speech is considered unprotected? Obscene Commercial Corporate political Symbolic Correct Answer: Obscene Which kind of mark is "Cheesy" in connection with a spa company? Arbitrary Fanciful Descriptive Suggestive Correct Answer: Arbitrary A company started a beverage company that sells a variety of juices. All the juices are sold in a plastic bottle with the company's name, the name of the juice, and a logo the owner found online. Which type of protection should the owner seek for the name of the juice? Patent Trade secret Copyright Trademark Correct Answer: Trademark Which type of trademark receives automatic protection? Descriptive marks Personal name marks Geographic marks Fanciful marks Correct Answer: Fanciful Marks Which type of tr ademarks never receive protection? Descriptive marks Generic marks Arbitrary marks Personal name marks Correct Answer: Generic Marks What should a business use to protect its trade secrets? Non-disclosure agreement Trademark Non-compete agreement Patent Correct Answer: Non -disclosure agreement Under the Uniform Commercial Code, and without the parties agreeing to the contrary in the contract, when is a title passed from the seller to the buyer for the sale of goods? During delivery of the goods to a shipping company During receipt of the goods by a buyer During physical acceptance of the goods by a buyer During receipt of the goods by a buyer and delivery of physical title to a shipping company Correct Answer: During delivery of the goods to a shipping company A collector agreed to sell a rare collection of baseball cards to a buyer for $2,000 after several weeks of negotiation and discussion. After the sale, the buyer and collector do additional independent research and both learn that the baseball cards are worth only $20. What is the court's decision if this buyer sues this collector? A collector agreed to sell a rare collection of baseball cards to a buyer for $2,000 after several weeks of negotiation and discussio n. After the sale, the buyer and collector do additional independent research and both learn that the baseball cards are worth only $20. What is the court's decision if this buyer sues this collector? No damages Rescission Compensatory damages
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