Law 531 final exam 2 - Study guides, Class notes & Summaries

LAW 531 Final Exam As of August 2016 University of Phoenix 25/30 (83.3%) 1. Ted is the president of Soprano Corporation (SC). Ted decided to have SC manufacture large, gas- guzzling SUV automobiles just before gasoline prices rose dramatically. As a result, SC lost billions of dollars. The shareholders of SC want to sue Ted for this bad decision that cost them billions. However, Ted had made a reasonable investigation before making this decision, he had a rational basis for it, & he had no co...

LAW 531 Final Exam 1. The obligation owed by individuals to one another not to cause any unreasonable harm or any risk of harm is called: duty of care duty of restoration. duty of loyalty. duty of restitution. 2. Which of the following best describes the term warranty? It refers to the terms in a sales contract stipulating the party that will bear the risk of loss of goods during shipment. It is a purchaser’s title to goods obtained by the impersonation of another person. It is the ...

LAW 531 ACTUAL FINAL EXAM 1)Which of the following is a distinguishing feature of a common law legal system? A.Requiring guilt be proven beyond a reasonable doubt B.The sole source of law is a comprehensive civil code C.An appeal process D.The making of law by the judges and the following of precedent 2)Which best describes the types of agency authority held by officers of a corporation? A.Vicarious authority B.Express and obvious authority C.Implied and apparent aut...

LAW 531 Final Exam As of August 2016 University of Phoenix 25/30 (83.3%) 1. Ted is the president of Soprano Corporation (SC). Ted decided to have SC manufacture large, gas- guzzling SUV automobiles just before gasoline prices rose dramatically. As a result, SC lost billions of dollars. The shareholders of SC want to sue Ted for this bad decision that cost them billions. However, Ted had made a reasonable investigation before making this decision, he had a rational basis for it, & he had no co...

LAW 531 Final Exam As of August 2016 University of Phoenix 25/30 (83.3%) 1. Ted is the president of Soprano Corporation (SC). Ted decided to have SC manufacture large, gas- guzzling SUV automobiles just before gasoline prices rose dramatically. As a result, SC lost billions of dollars. The shareholders of SC want to sue Ted for this bad decision that cost them billions. However, Ted had made a reasonable investigation before making this decision, he had a rational basis for it, & he had no co...

AHIMA RHIA Exam Prep (7th Edition) 158 Questions with Verified Answers 17. A patient requests copies of her medical records in an electronic format. The hospital maintains a portion of the designated record set in a paper format and a portion of the designated record set in an electronic format. How should the hospital respond? a. Provide the records in paper format only b. Scan the paper documents so that all records can be sent electronically c. Provide the patient with both paper an...

LAW 531 Final Exam As of August 2016 University of Phoenix 25/30 (83.3%) 1. Ted is the president of Soprano Corporation (SC). Ted decided to have SC manufacture large, gas- guzzling SUV automobiles just before gasoline prices rose dramatically. As a result, SC lost billions of dollars. The shareholders of SC want to sue Ted for this bad decision that cost them billions. However, Ted had made a reasonable investigation before making this decision, he had a rational basis for it, & he had no co...

LAW 531 ACTUAL FINAL EXAM 1) Which of the following is a distinguishing feature of a common law legal system? A. Requiring guilt be proven beyond a reasonable doubt B. The sole source of law is a comprehensive civil code C. An appeal process D. The making of law by the judges and the following of precedent 2) Which best describes the types of agency authority held by officers of a corporation? A. Vicarious authority ...

LAW 531 FINAL EXAM 2