Bgen - Study guides, Class notes & Summaries

BGEN 361 Ch. 12 Questions & Answers. acceptance - CORRECT ANSWER (1) In contract law, the offeree's notification to the offeror that the offeree agrees to be bound by the terms of the offeror's proposal. (2) In negotiable instruments law, the drawee's signed agreement to pay a draft when presented. agreement - CORRECT ANSWER A meeting of two or more minds in regard to the terms of a contract; usually broken down into two events—an offer by one party to form a contract, and an accept...

BGEN Unit 5 & 7 Written Exam. Case: Facebook and the Media buys - CORRECT ANSWER Media companies purchase ad time on Facebook based on metrics the company uses to calculate the average viewing time for its ads. The price the media companies pay is based on that viewing time. Facebook quietly sent out a message, "we have found an error in the way we calculate one of our video metrics" they said it did not effect billing at all. However they failed to mention that they had overstated the ti...

BGEN 361 Ch. 5 Review Practice Exam Questions. Federal Rules of Civil Procedure (FRCP) - CORRECT ANSWER The rules controlling procedural matters in civil trials brought before the federal district courts. Stages in a typical lawsuit - CORRECT ANSWER 1. accident, branch of contract, or other event 2. the party hires a lawyer, who files a complaint and notifies (serves) the defendant 3. defendant's attorney files an answer or a motion to dismiss 4. pretrial discovery and more motions, ...

The most common *business entities* (6) - correct answer -1. Sole proprietorship 2. general partnership 3. limited partnership 4. corporation 5. limited liability company 6. limited liability partnership *Sole Proprietorship* (11/ownership, creation, taxation, representation, control, transaction, popularity, liability, responsibility, transferability, life, ability to raise capital) - correct answer -1. owned and operated by one person 2. Ease to create (only purchasing a business lice...

BGEN 361 Ch. 3 Study Exam Questions Correctly Answered. ethics - CORRECT ANSWER Moral principles and values applied to social behavior. business ethics - CORRECT ANSWER Ethics in a business context; a consensus of what constitutes right or wrong behavior in the world of business and the application of moral principles to situations that arise in a business setting. moral minimum - CORRECT ANSWER The minimum degree of ethical behavior expected of a business firm, which is usually defin...

BGEN 220E: Business Ethics & Social Responsibility Study Review Test. Aristotle Greek philosopher. A pupil of Plato, the tutor of Alexander the Great, and the author of works on logic, metaphysics, ethics, natural sciences, politics, and poetics, he profoundly influenced Western thought. In his philosophical system, which led him to criticize what he saw as Plato's metaphysical excesses, theory follows empirical observation and logic, based on the syllogism, is the essential method of rat...

BGEN 40 MindTap Practice Review Test. You and three of your friends have stock in a corporation and are interested in voting one of your friends in as a new director for the corporation. There are three director positions open, but your group only owns a minority of the shares of stock in the corporation. Do you think there is anything you and your friends can do to ensure that your candidate for the board of directors wins? - CORRECT ANSWER yes, if the bylaws of the corporation allow you ...

human behavior in organizations - correct answer -organizational behavior (OB) typically includes the study of which of the following basic components? long-term plans of marketplace competitors - correct answer -in dealing with the work-related activities of people, managers must understand all of the following except situational perspective - correct answer -Seline runs a small company that sells medical software. she has devised a process by which her company is able to develop new vers...

In Rosa and Raymond Institute for Self-Development v. Target Corp., what was the legal issue to be decided? a. Whether federal or state law applied to the case b. Whether the Parks Institute had filed its lawsuit in the correct court c. Whether Target's publication of materials about Rosa Parks without the consent of the Parks Institute violated Michigan's law of right publicity d. Whether the court had to follow Alabama or Michigan law - correct answer -c. Whether Target's publication ...

BGEN Chapter 11 Exam Questions Correctly Answered. Utility - CORRECT ANSWER The ability of a good or service to satisfy a human need Form Utility - CORRECT ANSWER Converting production inputs into finished products Place Utility - CORRECT ANSWER Making a product available at a location where customers wish to purchase it Time Utility - CORRECT ANSWER Making a product available when customers wish to purchase it Possession Utility - CORRECT ANSWER Transferring title (or ownership...