Employees, Stockholders, & Corporate Governance Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. The shareholders of Party Portraits, Inc. appointed Paco to the board of directors. This means Paco is:

Question 2 2. Which theory claims that executive compensation is not truly based upon performance or arms-length negotiation?

Question 3 3. Why is continuous bargaining a popular approach?

Question 4 4. Jane was fired because she filed a workers' compensation claim. Why will a court likely rule the company has to reinstate Jane?

Question 5 5. Which of the following will not be part of an executive's compensation package?

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Question 6 6. Sometimes a whistle blower can initiate a lawsuit against a business that has committed fraud against the government. He or she may act as a secret government informant. This type of lawsuit is known as:

Question 7 7. Sara works as a receptionist for a doctor's office. While filing some paperwork, she notices that the doctor has been billing Medicare for services that he didn't provide to the patients. She files a complaint with Medicare. Sara is a:

Question 8 8. Which of the following is true under Section 7 of the NLRA?

Question 9 9. Which of the following creates workplace health and safety standards that employers must follow?

Question 10 10. Ann has interviewed for a job with a new company. She has been informed that a background check will be completed as part of the hiring process. This may involve all of the following, EXCEPT _____.

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Question 11 11. How can an employee and employer prevent application of the employment-at-will doctrine?

Question 12 12. Patty is the CEO of Party Portraits, Inc. This means Patty is:

Question 13 13. The Whistleblower Protection Act protects:

Question 14 14. Paul owns stock in Party Portraits, Inc. This means Paul is:

Question 15 15. Which of the following is an example of an off-duty act by an employee?

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Question 16 16. Which of the following statements best describes the current trend of executive compensation in the United States?

Question 17 17. Why did unions first come about in the United States?

Question 18 18. Why do many employees perceive the employment-at-will doctrine as a double-edged sword?

Question 19 19. A corporation's shareholders are responsible for appointing:

Question 20 20. A corporation's board of directors is responsible for appointing:

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Question 21 21. What type of legal liability does an employer seek to avoid by performing background checks on all applicants?

Question 22 22. The Enron scandal brought about several types of corporate reform, including new whistleblower protections through the:

Question 23 23. An employment handbook tells Mary that she will not be fired except for good cause. Mary is subsequently fired because a manager doesn't like her personality. Which of the following exceptions to the employment-at-will doctrine may be applied?

Question 24 24. The federal agency that is charged with enforcing employees' rights granted by the NLRA is known as the _____.

Question 25 25. John is fired because he will not cook the books to make the company look better financially to potential investors. Does the employment-at-will doctrine apply? If not, what's the exception?

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Question 26 26. John has discovered that his employer has been monitoring his email account and telephone calls while he's at work. John is very upset, but is told the company has the right to do so because _____.

Question 27 27. What is the difference between bonuses and stock options?

Question 28 28. Which of the following would NOT be part of an executive's lucrative benefits?

Question 29 29. Which of the following is considered an unfair labor practice by employers under the NLRA?

Question 30 30. The most famous historical whistleblower protection law is the:

Employees, Stockholders, & Corporate Governance Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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