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Business law of cannabis course just came out this last year, Cheat Sheet of Marketing Business-to-business (B2B)

Cba340 in depth questionnaire about how to distribute cannabis as a market

Typology: Cheat Sheet

2023/2024

Uploaded on 04/15/2025

douglas-wells
douglas-wells 🇺🇸

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The Business and Law of Cannabis
Test 2
1. An at-willemployee can only be terminated for good cause after a year of service.
True
False
2. The Fair Labor Standards Act is a federal law that governs
a. Minimum Wage
b. Overtime
c. Child Labor
d. All of the above
3. Under Title VII, it is unlawful to fail or refuse to hire, discharge, or otherwise discriminate
with respect to terms and conditions of employment based on:
a. Being an Auburn fan
b. Gender
c. Religion
d. Both b and c
4. It is perfectly acceptable to ask about marital status or pregnancy during a hiring interview.
True
False
5. A leasehold interest is not an interest in real property.
True
False
6. Basic terms of a lease include:
a. Term of the Lease
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The Business and Law of Cannabis

Test 2

  1. An “at-will” employee can only be terminated for good cause after a year of service.

True

False

  1. The Fair Labor Standards Act is a federal law that governs

a. Minimum Wage

b. Overtime

c. Child Labor

d. All of the above

  1. Under Title VII, it is unlawful to fail or refuse to hire, discharge, or otherwise discriminate with respect to terms and conditions of employment based on:

a. Being an Auburn fan

b. Gender

c. Religion

d. Both b and c

  1. It is perfectly acceptable to ask about marital status or pregnancy during a hiring interview.

True

False

  1. A leasehold interest is not an interest in real property.

True

False

  1. Basic terms of a lease include:

a. Term of the Lease

b. Rent

c. Events of Default

d. All the above

  1. A lease for a term of 1 year or more must be in writing.

True

False

  1. The two basic forms of business organizations are corporations and LLCs.

True

False

  1. A proper business plan should include:

a. An executive summary

b. A description of the products or services to be offered

c. A forecast of sales growth and profits

d. All of the above

  1. Advantages of Limited Liability Companies include:

a. Double-taxation

b. Complexities corporations don’t face

c. Full-shield limitation of liability of all members

d. None of the above

  1. In determining the right entity for a new venture, general considerations include:

a. How many people will be in the business

b. Whether losses are expected in the early years

c. Whether estate planning is a goal

d. All of the above

e. None of the above