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BUSA 2106 EXAM 1 - PERRY BINDER, J.D. - GSU QUESTIONS AND ANSWERS 2024/2025
- Exam (elaborations)
- • 3 pages •
BUSA 2106 EXAM 1 QUESTIONS AND ANSWERS 2024/2025
Law 
→ rules that come from controlling authority that must be obeyed or there is a 
consequence 
Ethics 
→ A set of moral principles or values that govern the conduct of an individual or a group 
Corporate Social Responsiblity 
→ States that corporations and businesses should act with awareness of the consequences 
and impact that their decisions will have on others 
Maximization of Profits theory 
→ also called Shareholder Interest theory) - make profit 
Moral Minimum 
→ duty to fo...
- Exam (elaborations)
- • 8 pages •
Law 
→ rules that come from controlling authority that must be obeyed or there is a 
consequence 
Ethics 
→ A set of moral principles or values that govern the conduct of an individual or a group 
Corporate Social Responsiblity 
→ States that corporations and businesses should act with awareness of the consequences 
and impact that their decisions will have on others 
Maximization of Profits theory 
→ also called Shareholder Interest theory) - make profit 
Moral Minimum 
→ duty to fo...
BUSA 2106 CH 14 BUSINESS ORGANIZATIONS QUESTIONS AND ANSWERS 2024/2025
implied authority 
→ it arises from the position of authority held by an agent and by the history of actual 
authority situations 
Apparent authority 
→ it may arise in a situation where a principal terminates an agent's authority but fails to 
inform third parties about the termination 
trading partnership 
→ a partner has the implied authority to borrow money in the usual course of business 
and pledge the credit of the firm 
Nontrading partnership 
→ A partner requires actual au...
- Exam (elaborations)
- • 6 pages •
implied authority 
→ it arises from the position of authority held by an agent and by the history of actual 
authority situations 
Apparent authority 
→ it may arise in a situation where a principal terminates an agent's authority but fails to 
inform third parties about the termination 
trading partnership 
→ a partner has the implied authority to borrow money in the usual course of business 
and pledge the credit of the firm 
Nontrading partnership 
→ A partner requires actual au...
BUSA 2106 - (COURTS AND JURISDICTION) EXAM #1 QUESTIONS AND ANSWERS 2024/2025
Subject Matter Jurisdiction 
→ determines the types of cases a court can hear by subject matter and/or amount. 
(exclusive or concurrent) 
General Jurisdiction 
→ courts have authority to hear civil, criminal and equity cases. 
Limited Jurisdiction 
→ courts' authority is limited by subject matter, e.g., bankruptcy (federal), probate and 
juvenile courts (state) or by amount, e.g., small claims & magistrate courts 
Exclusive Federal Jurisdiction 
→ -Admiralty 
→ -Bankruptcy 
→ -...
- Exam (elaborations)
- • 7 pages •
Subject Matter Jurisdiction 
→ determines the types of cases a court can hear by subject matter and/or amount. 
(exclusive or concurrent) 
General Jurisdiction 
→ courts have authority to hear civil, criminal and equity cases. 
Limited Jurisdiction 
→ courts' authority is limited by subject matter, e.g., bankruptcy (federal), probate and 
juvenile courts (state) or by amount, e.g., small claims & magistrate courts 
Exclusive Federal Jurisdiction 
→ -Admiralty 
→ -Bankruptcy 
→ -...
BUSA 2106 TEST 2 MULTIPLE CHOICE QUESTIONS AND ANSWERS 2024/2025
Your textbook suggests that property promotes prosperity in three ways. Which way occurs 
by allowing people to keep and benefit from what they produce, thereby motivating effort? 
A) incentive 
B) divisibility of resources 
C) profitability of business 
D) establishes the conditions necessary for capital formation 
→ A 
According to your Power Point Lecture, which of the following is considered a fixture? 
A carpeting that is glued to the floor 
B) car 
C) clothes 
D) loose carpeting (like a...
- Exam (elaborations)
- • 32 pages •
Your textbook suggests that property promotes prosperity in three ways. Which way occurs 
by allowing people to keep and benefit from what they produce, thereby motivating effort? 
A) incentive 
B) divisibility of resources 
C) profitability of business 
D) establishes the conditions necessary for capital formation 
→ A 
According to your Power Point Lecture, which of the following is considered a fixture? 
A carpeting that is glued to the floor 
B) car 
C) clothes 
D) loose carpeting (like a...
BUSA 2106 MIDTERM EXAM QUESTIONS AND ANSWERS 2024/2025
the branch of government that is primarily responsible for interpreting the laws of the land 
→ judicial branch 
the ____ system is an important part of the tripartite system of government in the united states 
→ court 
jurisprudence 
→ the study of law, legal systems, and legal philosophy 
law and "rule of law" are synonymous terms 
→ false 
corporate governance 
→ the law protecting the owners of a business organization from the managers who run it 
for them 
_________ jurispr...
- Exam (elaborations)
- • 17 pages •
the branch of government that is primarily responsible for interpreting the laws of the land 
→ judicial branch 
the ____ system is an important part of the tripartite system of government in the united states 
→ court 
jurisprudence 
→ the study of law, legal systems, and legal philosophy 
law and "rule of law" are synonymous terms 
→ false 
corporate governance 
→ the law protecting the owners of a business organization from the managers who run it 
for them 
_________ jurispr...
BUL 4421-001 Ethics Test Questions and Answers 2024/2025
Ethics 
→ the study of right and wrong behavior; knowing whether the action is fair, right, and 
just. 
Business Ethics 
→ directors and officers owe a complex set of duties to all of their stakeholders 
civil liability 
→ initiated by harmed individuals or administrative agencies such as SEC 
Criminal Culpability 
→ initiated by law enforcement and/or prosecutes 
professional liability 
→ loss of license to practice certain profession 
The most common reason ethical problems manifest...
- Exam (elaborations)
- • 2 pages •
Ethics 
→ the study of right and wrong behavior; knowing whether the action is fair, right, and 
just. 
Business Ethics 
→ directors and officers owe a complex set of duties to all of their stakeholders 
civil liability 
→ initiated by harmed individuals or administrative agencies such as SEC 
Criminal Culpability 
→ initiated by law enforcement and/or prosecutes 
professional liability 
→ loss of license to practice certain profession 
The most common reason ethical problems manifest...
BUL 3310 Litigation Part 1: Exam 1 Review Questions and Answers 2024/2025
Joinder Rule 
→ All persons may join in one lawsuit as plaintiffs if the causes of action arises out of the 
same transaction or series of transactions and involve common questions of law and 
fact. In addition, additional parties may be added by the Plaintiff and Defendant who 
are necessary to a complete determination of the lawsuit. 
Trial Stage 
→ Plaintiff, Defendant, Third Party Defendant 
Appeal Stage 
→ Appellant, Appellee 
Litigation: Standing to Sue 
→ -Plaintiff must have b...
- Exam (elaborations)
- • 6 pages •
Joinder Rule 
→ All persons may join in one lawsuit as plaintiffs if the causes of action arises out of the 
same transaction or series of transactions and involve common questions of law and 
fact. In addition, additional parties may be added by the Plaintiff and Defendant who 
are necessary to a complete determination of the lawsuit. 
Trial Stage 
→ Plaintiff, Defendant, Third Party Defendant 
Appeal Stage 
→ Appellant, Appellee 
Litigation: Standing to Sue 
→ -Plaintiff must have b...
BUL 3310 FSU UNIT QUESTIONS AND ANSWERS 2024/20253
In order to protect the health and welfare of its residents, Maryland has a law requiring that 
all public swimming pools be tested daily for bacteria. Maryland passed this law pursuant to 
its ________________powers. 
 Police 
American government is based on the concept of ____________, which allocates the power to 
govern between a sovereign federal authority and the sovereign states. 
 Federalism 
Assume that State University institutes a curfew for the female students who live on ca...
- Exam (elaborations)
- • 17 pages •
In order to protect the health and welfare of its residents, Maryland has a law requiring that 
all public swimming pools be tested daily for bacteria. Maryland passed this law pursuant to 
its ________________powers. 
 Police 
American government is based on the concept of ____________, which allocates the power to 
govern between a sovereign federal authority and the sovereign states. 
 Federalism 
Assume that State University institutes a curfew for the female students who live on ca...
BUL 3310 FSU exam 2 vocab Questions and Answers 2024/2025
Tort 
→ A wrongful act committed by one person against another person or his or her property 
Negligence 
→ Failure to do that which an ordinary, reasonable, prudent person would do, or the 
doing of some act that an ordinary, prudent person would not do 
Strict liability 
→ The doctrine under which a party may be required to respond to tort damages, 
without regard to that party's fault 
Compensatory damages 
→ A sum of money the court imposes on a defendant as compensation for the...
- Exam (elaborations)
- • 8 pages •
Tort 
→ A wrongful act committed by one person against another person or his or her property 
Negligence 
→ Failure to do that which an ordinary, reasonable, prudent person would do, or the 
doing of some act that an ordinary, prudent person would not do 
Strict liability 
→ The doctrine under which a party may be required to respond to tort damages, 
without regard to that party's fault 
Compensatory damages 
→ A sum of money the court imposes on a defendant as compensation for the...
CCIM 101 Financial Analysis Questions and Correct Answers
MED SURG RN HESI EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+