The Legal Environment: Help and Review 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. Joe considers speed limits on highways a stupid rule, and he breaks them as often as possible. Which ethical decision rule should he be asking himself ?

Question 2 2. There is an important element of racketeering that must be proved in order to apply the RICO Act. What is it?

Question 3 3. Decisions like launching a new product are:

Question 4 4. A decision that involves the very core of the mission or the beliefs and values of a company are:

Question 5 5. What is corporate social responsibility?

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Question 6 6. Maria works at a daycare taking care of babies. One day, she noticed that the milk was expired but remembered her boss told her that he does not like to throw things away or waste money. Maria decided to feed a baby the milk. The baby became ill after ingesting the milk. Which type of liability is this?

Question 7 7. The legislative branch of government _____.

Question 8 8. The Environmental protection Agency does what?

Question 9 9. Which of the following answer choices demonstrates an example of sustainability in business?

Question 10 10. Margie recently received an email from the President of a foreign country. In the email, it mentioned emailing her bank account information so that he could deposit money she won in their country's lottery. What type of crime is most probably happening here?

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Question 11 11. Buying a new facility or new equipment is what type of decision?

Question 12 12. Cathy hires Linda to be her lawyer. Cathy has money she would like to invest and is looking for a worthy company. Linda recommends ABC Company. Linda owns ABC Company, but does not share that information with Cathy. Cathy invests a considerable amount of money in ABC Company. This is an example of:

Question 13 13. Who believes the end justifies the means?

Question 14 14. Cathy hires Linda to be her lawyer. Cathy is facing several drug charges, and Linda will defend her in court. During one of their conversations to prepare for court, Cathy asks Linda for advice on how to destroy evidence and launder her profits by funneling them through a legitimate laundromat business that one of her family members owns. This information is NOT protected by _____.

Question 15 15. Vehicles and factories are regulated by:

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Question 16 16. Which of the following is an argument AGAINST corporate social responsibility?

Question 17 17. One who adheres to strict rules regardless of consequences is a:

Question 18 18. Manny found a stranger's blank check and decided to make it out to himself in the amount of $500.00. He then signed it with the stranger's name and went to the bank. When the owner of the check found out, he called the police. What can Manny be charged with?

Question 19 19. Bruno found out that his rich boss was having an affair with his secretary. So, he decided to email his boss to inform him that unless he forks over $1,000,000, he would tell his wife about the affair. Bruno is committing a/an _____.

Question 20 20. All of the following are steps in the notice and comment informal rulemaking process, EXCEPT:

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Question 21 21. One who believes that there is only one set of standards by which all should live without deviation is:

Question 22 22. Which of the following BEST explains the stakeholder theory?

Question 23 23. The executive branch of the government includes _____.

Question 24 24. One who relies on cultural norms is:

Question 25 25. Which act regulates hazardous waste?

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Question 26 26. How does corporate crime differ from ordinary crime?

Question 27 27. Bernard thought long and hard about whether to save a buck by dumping his used cooking oil in the local lake. He knows kids swim there. He thought about his own kids and whether they would like swimming in rancid oil. What model of ethical decision making was Bernard using?

Question 28 28. One difference between a common shareholder and a preferred shareholder is:

Question 29 29. Barney wanted to sell his necklace for $100.00. Sally wanted to buy a gold necklace for her boyfriend's birthday. They met to discuss the deal. Barney knew the chain was a fake, but he needed the money, so he convinced Sally that the chain was made of 14 carat gold. When she had it appraised at the jewelry store, it turned out to be made of ordinary metal painted to look like gold. What is Barney guilty of?

Question 30 30. Cathy hires Linda to be her lawyer. Cathy is charged with shoplifting, and Linda will defend her in court. However, Linda is sick, sleeps through much of the trial, and does not adequately represent Cathy in court. Cathy is convicted of shoplifting. This is an example of:

The Legal Environment: Help and Review 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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