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What |!|is |!|the |!|role |!|of |!|the |!|promotion |!|element |!|in |!|the |!|marketing |!|mix? |!|- |!|correct |!|answer |!| ✔ communicating |!|the |!|value |!|of |!|a |!|product |!|to |!|customers How |!|does |!|a |!|new |!|good |!|or |!|service |!|create |!|value? |!|- |!|correct |!|answer |!| ✔ It |!|satisfies |!|a |!|perceived |!| marketplace |!|demand. During |!|the |!|rainy |!|season, |!|people |!|look |!|to |!|buy |!|raincoats |!|and |!|umbrellas. |!|Elements, |!|an |!|apparels |!|manufacturer, |!|caters |!|to |!|this |!|need. |!|Which |!|action |!|would |!|represent |!|the |!|conversion |!|of |!|this |!| need |!|into |!|a |!|want? |!|- |!|correct |!|answer |!| ✔ Elements |!|introduces |!|a |!|line |!|of |!|see-through |!|umbrellas |!| that |!|glow |!|in |!|the |!|dark. Which |!|statement |!|is |!|a |!|useful |!|guideline |!|when |!|making |!|ethical |!|decisions? |!|- |!|correct |!|answer |!| ✔ It |!| is |!|possible |!|to |!|avoid |!|ethical |!|problems |!|if |!|the |!|ethical |!|issue |!|is |!|clearly |!|identified. What |!|led |!|to |!|the |!|development |!|of |!|the |!|marketing |!|concept |!|strategy? |!|- |!|correct |!|answer |!| ✔ the |!| surplus |!|of |!|products |!|in |!|the |!|market |!|beginning |!|in |!|the |!|early |!|1950s What |!|did |!|firms |!|such |!|as |!|Ford |!|do |!|during |!|the |!|Great |!|Depression |!|when |!|product |!|sales |!|decreased? |!|- |!|correct |!|answer |!| ✔ They |!|resorted |!|to |!|personal |!|selling |!|and |!|advertising. ________ |!|are |!|moral |!|standards |!|expected |!|by |!|a |!|society. |!|- |!|correct |!|answer |!| ✔ Ethics
It |!|is |!|absolutely |!|essential |!|that |!|nonprofit |!|organizations |!|engage |!|in |!|marketing |!|efforts |!|because |!|- |!| correct |!|answer |!| ✔ successful |!|marketing |!|helps |!|attract |!|membership |!|and |!|much-needed |!|funds. Needs |!|are |!|states |!|of |!|felt |!|deprivation |!|that |!|- |!|correct |!|answer |!| ✔ are |!|created |!|when |!|customers |!| lack |!|something |!|useful |!|or |!|desirable Which |!|action |!|can |!|be |!|considered |!|a |!|product |!|decision? |!|- |!|correct |!|answer |!| ✔ determining |!|the |!| features |!|of |!|a |!|product Chill |!|is |!|an |!|ice-cream |!|manufacturer |!|in |!|a |!|predominantly |!|agrarian |!|nation. |!|Chill |!|does |!|not |!|spend |!| too |!|much |!|on |!|marketing |!|its |!|products. |!|Instead, |!|it |!|focuses |!|on |!|improving |!|the |!|processes |!|through |!|which |!|it |!|manufactures |!|ice |!|cream. |!|Chill |!|believes |!|that |!|the |!|quality |!|of |!|the |!|ice |!|cream |!|alone |!|is |!| enough |!|to |!|differentiate |!|itself |!|from |!|other |!|manufacturers |!|and |!|generate |!|sales. |!|In |!|this |!|scenario, |!| Chill's |!|marketing |!|strategy |!|is |!|- |!|correct |!|answer |!| ✔ production |!|oriented. Why |!|should |!|marketers |!|distinguish |!|between |!|needs |!|and |!|wants? |!|- |!|correct |!|answer |!| ✔ It |!|helps |!| them |!|provide |!|products |!|that |!|fulfill |!|customers' |!|wants |!|and |!|satisfy |!|their |!|underlying |!|needs. ________ |!|refers |!|to |!|the |!|perceived |!|benefits, |!|both |!|monetary |!|and |!|nonmonetary, |!|that |!|customers |!| receive |!|from |!|a |!|product, |!|compared |!|with |!|the |!|cost |!|associated |!|with |!|obtaining |!|the |!|product. |!|- |!| correct |!|answer |!| ✔ Customer |!|value The |!|name, |!|term, |!|symbol, |!|design, |!|or |!|any |!|combination |!|of |!|these |!|that |!|identifies |!|and |!| differentiates |!|a |!|firm's |!|products |!|is |!|referred |!|to |!|as |!|- |!|correct |!|answer |!| ✔ A |!|brand Why |!|is |!|it |!|important |!|for |!|companies |!|to |!|market |!|globally? |!|- |!|correct |!|answer |!| ✔ Most |!|of |!|the |!| world's |!|population |!|lives |!|outside |!|the |!|United |!|States. Once |!|a |!|company |!|has |!|created |!|value, |!|the |!|next |!|thing |!|that |!|the |!|company |!|must |!|do |!|is |!|to |!|- |!| correct |!|answer |!| ✔ communicate |!|that |!|value. Danley's, |!|a |!|chain |!|of |!|discount |!|stores |!|across |!|the |!|United |!|States, |!|has |!|many |!|store |!|brands |!| including |!|Shotz, |!|a |!|line |!|of |!|sports |!|shoes. |!|Danley's |!|is |!|a |!|popular |!|brand |!|among |!|regular |!|store |!| customers |!|and |!|they |!|vouch |!|for |!|its |!|quality |!|being |!|as |!|good |!|as |!|other |!|top |!|brands. |!|Facing |!|
The |!|mission |!|statement |!|of |!|a |!|firm |!|- |!|correct |!|answer |!| ✔ provides |!|a |!|standard |!|to |!|ensure |!|that |!|the |!| business |!|never |!|strays |!|too |!|far |!|from |!|its |!|core |!|goals |!|and |!|values. A |!|market |!|penetration |!|strategy |!|- |!|correct |!|answer |!| ✔ emphasizes |!|selling |!|more |!|of |!|existing |!|goods |!| and |!|services |!|to |!|existing |!|customers. A |!|product |!|possesses |!|a |!|competitive |!|advantage |!|when |!|it |!|enjoys |!|a |!|superior |!|position |!|over |!| competing |!|products |!|because |!|- |!|correct |!|answer |!| ✔ consumers |!|believe |!|it |!|has |!|more |!|value |!|than |!| other |!|products |!|in |!|its |!|category. The |!|mission |!|statement |!|of |!|a |!|firm |!|- |!|correct |!|answer |!| ✔ is |!|a |!|concise |!|affirmation |!|of |!|the |!|firm's |!| long-term |!|purpose. ________ |!|is |!|the |!|process |!|of |!|thoughtfully |!|defining |!|a |!|firm's |!|objectives |!|and |!|developing |!|a |!| method |!|for |!|achieving |!|those |!|objectives. |!|- |!|correct |!|answer |!| ✔ Strategic |!|planning A |!|________ |!|is |!|an |!|action-oriented |!|document |!|or |!|playbook |!|that |!|guides |!|the |!|analysis, |!| implementation, |!|and |!|control |!|of |!|the |!|firm's |!|marketing |!|strategy. |!|- |!|correct |!|answer |!| ✔ marketing |!| plan The |!|two |!|metrics |!|used |!|to |!|evaluate |!|a |!|firm's |!|profitability |!|are |!|customer |!|profitability |!|and |!|- |!| correct |!|answer |!| ✔ customer |!|acquisition. A |!|firm |!|measures |!|its |!|effectiveness |!|in |!|using |!|the |!|resources |!|it |!|has |!|allocated |!|to |!|its |!|marketing |!| effort |!|by |!|use |!|of |!|which |!|tool? |!|- |!|correct |!|answer |!| ✔ return |!|on |!|marketing |!|investment In |!|the |!|context |!|of |!|a |!|SWOT |!|analysis, |!|what |!|would |!|be |!|classified |!|as |!|an |!|opportunity |!|for |!|a |!| manufacturing |!|firm? |!|- |!|correct |!|answer |!| ✔ a |!|rise |!|in |!|demand |!|for |!|products |!|that |!|the |!|firm |!| manufactures Quantum, |!|a |!|mobile |!|phone-manufacturing |!|company, |!|decides |!|to |!|pursue |!|a |!|market |!|development |!|strategy |!|to |!|further |!|its |!|business |!|prospects. |!|In |!|this |!|situation, |!|which |!|of |!|the |!|following |!|actions |!| falls |!|in |!|line |!|with |!|Quantum's |!|latest |!|strategic |!|direction? |!|- |!|correct |!|answer |!| ✔ Quantum |!|expands |!| its |!|market |!|by |!|selling |!|its |!|phones |!|to |!|new |!|customers |!|in |!|the |!|Southwest.
Rashmi |!|designs |!|games |!|for |!|mobile |!|operating |!|systems |!|such |!|as |!|iOS |!|and |!|Windows. |!|The |!|demand |!|for |!|games |!|on |!|mobile |!|devices |!|is |!|high. |!|Rashmi's |!|latest |!|game, |!|Lucky |!|Labyrinth, |!|is |!|yet |!|to |!| generate |!|profitable |!|sales |!|despite |!|receiving |!|rave |!|reviews. |!|According |!|to |!|the |!|BCG |!|matrix, |!|Lucky |!| Labyrinth |!|can |!|be |!|classified |!|as |!|a |!|- |!|correct |!|answer |!| ✔ question |!|mark. A |!|major |!|risk |!|associated |!|with |!|licensing |!|is |!|that |!|the |!|- |!|correct |!|answer |!| ✔ licensor |!|may |!|be |!| inadvertently |!|creating |!|a |!|future |!|competitor |!|in |!|the |!|form |!|of |!|the |!|licensee. A |!|firm |!|with |!|a |!|"cash |!|cow" |!|product |!|is |!|most |!|likely |!|to |!|- |!|correct |!|answer |!| ✔ Invest |!|just |!|enough |!| money |!|to |!|maintain |!|strong |!|sales. Joint |!|ventures |!|work |!|best |!|when |!|the |!|partners' |!|- |!|correct |!|answer |!| ✔ competitive |!|goals |!|diverge. Franchising |!|is |!|an |!|attractive |!|method |!|of |!|entering |!|foreign |!|markets |!|because |!|- |!|correct |!|answer |!| ✔ franchisees |!|assume |!|the |!|majority |!|of |!|the |!|capital |!|costs |!|and |!|human |!|resource |!|issues. The |!|primary |!|strategic |!|planning |!|tool |!|for |!|directing |!|and |!|coordinating |!|the |!|marketing |!|effort |!|is |!|the |!|- |!|correct |!|answer |!| ✔ marketing |!|plan. Which |!|is |!|a |!|function |!|of |!|the |!|World |!|Trade |!|Organization? |!|- |!|correct |!|answer |!| ✔ It |!|is |!|the |!|only |!| international |!|organization |!|dealing |!|with |!|the |!|rules |!|of |!|trade |!|between |!|nations. Smith |!|Brothers, |!|a |!|furniture |!|manufacturer |!|based |!|in |!|North |!|Carolina, |!|has |!|tie-ups |!|with |!|raw |!| material |!|suppliers |!|and |!|shipping |!|companies |!|who |!|provide |!|Smith |!|Brothers |!|a |!|uniform |!|pricing |!| option |!|across |!|the |!|United |!|States. |!|Despite |!|the |!|cost |!|of |!|production |!|and |!|distribution |!|being |!|the |!| same |!|across |!|the |!|United |!|States, |!|Smith |!|Brothers |!|charges |!|more |!|for |!|its |!|products |!|on |!|the |!|West |!| Coast |!|than |!|in |!|other |!|parts |!|of |!|the |!|United |!|States. |!|Which |!|of |!|the |!|following |!|acts |!|prohibits |!|this |!| practice? |!|- |!|correct |!|answer |!| ✔ Robinson-Patman |!|Act If |!|the |!|economy |!|of |!|a |!|country |!|contracts |!|and |!|people |!|lose |!|jobs |!|- |!|correct |!|answer |!| ✔ consumer |!| confidence |!|decreases.
Which |!|pair |!|of |!|products |!|can |!|be |!|regarded |!|as |!|substitute |!|products? |!|- |!|correct |!|answer |!| ✔ butter |!| and |!|margarine Which |!|strategy |!|caters |!|to |!|the |!|sociocultural |!|factor |!|of |!|busier |!|families |!|in |!|America? |!|- |!|correct |!| answer |!| ✔ the |!|launch |!|of |!|online |!|ticket-booking |!|options What |!|is |!|the |!|most |!|common |!|gauge |!|of |!|the |!|overall |!|expansion |!|or |!|contraction |!|of |!|an |!|economy? |!|- |!|correct |!|answer |!| ✔ gross |!|domestic |!|product One |!|of |!|the |!|functions |!|of |!|the |!|International |!|Monetary |!|Fund |!|is |!|to |!|- |!|correct |!|answer |!| ✔ help |!| member |!|countries |!|manage |!|their |!|debt |!|by |!|providing |!|resources |!|to |!|them. The |!|_____ |!|authorizes |!|the |!|Federal |!|Trade |!|Commission |!|to |!|restrict |!|unfair |!|or |!|deceptive |!|acts. |!|- |!| correct |!|answer |!| ✔ Wheeler-Lea |!|Amendment A |!|recession |!|occurs |!|when |!|a |!|nation's |!|GDP |!|- |!|correct |!|answer |!| ✔ declines |!|for |!|two |!|or |!|more |!| consecutive |!|quarters. What |!|is |!|the |!|major |!|difference |!|between |!|a |!|nonprofit |!|organization |!|and |!|a |!|for-profit |!|organization? |!|- |!|correct |!|answer |!| ✔ The |!|benefactors |!|of |!|nonprofit |!|organizations |!|do |!|not |!|receive |!|any |!|direct |!| benefit, |!|unlike |!|customers. Assuming |!|that |!|a |!|kilo |!|of |!|corn |!|sold |!|for |!|$1 |!|in |!| 2010 |!|and |!|$3 |!|in |!|2018, |!|which |!|of |!|the |!|following |!| can |!|be |!|inferred? |!|- |!|correct |!|answer |!| ✔ The |!|purchasing |!|power |!|of |!|the |!|consumers |!|has |!|decreased. Which |!|of |!|the |!|following |!|are |!|types |!|of |!|due |!|process? |!|- |!|correct |!|answer |!| ✔ Procedural |!|and |!| substantive The |!|first |!|_____ |!|amendments |!|to |!|the |!|U.S. |!|Constitution |!|are |!|known |!|as |!|the |!|Bill |!|of |!|Rights. |!|- |!| correct |!|answer |!| ✔ Ten if |!|a |!|law |!|prevents |!|individuals |!|from |!|exercising |!|a |!|fundamental |!|right, |!|the |!|law |!|will |!|be |!|subject |!| to_. |!|- |!|correct |!|answer |!| ✔ Strict |!|scrutiny
Why |!|must |!|federal |!|legislation |!|that |!|affects |!|business |!|be |!|based |!|on |!|expressed |!|constitutional |!| grant |!|of |!|authority? |!|- |!|correct |!|answer |!| ✔ Because |!|the |!|federal |!|government |!|has |!|only |!|those |!| powers |!|granted |!|to |!|it |!|by |!|the |!|Constitution. Why |!|must |!|federal |!|legislation |!|that |!|affects |!|business |!|be |!|based |!|on |!|expressed |!|constitutional |!| grant |!|of |!|authority? |!|- |!|correct |!|answer |!| ✔ Because |!|the |!|federal |!|government |!|has |!|only |!|those |!| powers |!|granted |!|to |!|it |!|by |!|the |!|Constitution. Which |!|of |!|the |!|following |!|is |!|true |!|regarding |!|the |!|Fifth |!|Amendment's |!|protection |!|against |!|self- incrimination? |!|- |!|correct |!|answer |!| ✔ A |!|person |!|does |!|not |!|have |!|to |!|be |!|e |!|a |!|a |!|witness |!|against |!| himself |!|or |!|herself |!|in |!|a |!|criminal |!|case. When |!|can |!|government |!|agents |!|obtain |!|a |!|search |!|warrant? |!|- |!|correct |!|answer |!| ✔ When |!|they |!|can |!| establish |!|probable |!|cause A[n] |!|clause |!|has |!|been |!|defined |!|as |!|one |!|i |!|which |!|the |!|terms |!|are |!|"manifestly |!|unfair |!|or |!|oppressive |!|and |!|are |!|dictated |!|by |!|a |!|dominant |!|party." |!|- |!|correct |!|answer |!| ✔ Unconscionable When |!|is |!|an |!|arbitrator's |!|decision |!|called |!|an |!|"award"? |!|- |!|correct |!|answer |!| ✔ Always A(n) |!|is |!|a |!|provision |!|in |!|a |!|contract |!|that |!|mandates |!|that |!|all |!|disputes |!|arising |!|under |!|the |!|contract |!| must |!|be |!|settled |!|by |!|arbitration. |!|- |!|correct |!|answer |!| ✔ Binding |!|arbitration |!|clause Which |!|of |!|the |!|following |!|is |!|true |!|regarding |!|the |!|remedy |!|if |!|a |!|party |!|does |!|not |!|abide |!|by |!|an |!| agreement |!|reached |!|in |!|mediation? |!|- |!|correct |!|answer |!| ✔ The |!|remedy |!|is |!|sue |!|for |!|breach |!|of |!| contract. According |!|to |!|the |!|text, |!|positive |!|points |!|of |!|arbitration |!|involve(s) |!|which |!|of |!|the |!|following? |!|- |!| correct |!|answer |!| ✔ Arbitration |!|is |!|generally |!|less |!|expensive |!|than |!|litigation. Which |!|of |!|the |!|following |!|is |!|true |!|regarding |!|the |!|use |!|of |!|legal |!|counsel |!|at |!|arbitration |!|proceedings? |!|- |!|correct |!|answer |!| ✔ .It |!|is |!|up |!|to |!|each |!|of |!|the |!|parties. |!|They |!|may |!|have |!|legal |!|counsel, |!|or |!|they |!| may |!|not.
pocket. |!|Which |!|of |!|the |!|following |!|offenses |!|has |!|he |!|committed? |!|- |!|correct |!|answer |!| ✔ Embezzlement Strict |!|liability |!|is |!|a |!|term |!|used |!|to |!|describe |!|which |!|of |!|the |!|following? |!|- |!|correct |!|answer |!| ✔ Liability |!|without |!|fault. Which |!|of |!|the |!|following |!|Supreme |!|Court |!|cases |!|established |!|the |!|right |!|to |!|counsel |!|before |!| questioning |!|by |!|the |!|police? |!|- |!|correct |!|answer |!| ✔ Miranda |!|v. |!|Arizona When |!|courts |!|rely |!|on |!|precedent, |!|they |!|are |!|obeying |!|- |!|correct |!|answer |!| ✔ Stare |!|decisis The |!|term |!|involves |!|the |!|use |!|of |!|past |!|decisions |!|to |!|guide |!|future |!|decisions. |!|- |!|correct |!|answer |!| ✔ Precedent Which |!|of |!|the |!|following |!|is |!|reported |!|in |!|the |!|United |!|States |!|Code? |!|- |!|correct |!|answer |!| ✔ Code? |!| Statutes The |!|concept |!|of |!|suggests |!|that |!|individuals |!|should |!|have |!|the |!|freedom |!|to |!|disobey |!|a |!|law |!|enacted |!|by |!|people |!|if |!|their |!|conscience |!|goes |!|against |!|the |!|law |!|and |!|they |!|believe |!|the |!|law |!|is |!|wrong. |!|- |!| correct |!|answer |!| ✔ Natural |!|law The |!|________ |!|is |!|the |!|supreme |!|law |!|of |!|the |!|land, |!|- |!|correct |!|answer |!| ✔ U.S. |!|Constitution In |!|which |!|school |!|of |!|jurisprudence |!|is |!|the |!|concept |!|of |!|stare |!|decisis |!|rooted? |!|- |!|correct |!|answer |!| ✔ The |!|historical |!|school The |!|plaintiff |!|must |!|provide |!|the |!|defendant |!|in |!|a |!|lawsuit |!|with |!|a |!|copy |!|of |!|the |!|complaint. |!|That |!| process |!|is |!|called |!|- |!|correct |!|answer |!| ✔ Service |!|of |!|process A[n]. |!|_____ |!|is |!|a |!|judgment |!|in |!|favor |!|of |!|the |!|plaintiff |!|that |!|occurs |!|when |!|the |!|defendant |!|fails |!|to |!| answer |!|the |!|complaint, |!|and |!|the |!|plaintiff's |!|complaint |!|alleges |!|facts |!|that |!|would |!|support |!|such |!|a |!| judgment. |!|- |!|correct |!|answer |!| ✔ Default |!|judgment
Which |!|of |!|the |!|following |!|do |!|appellate |!|courts |!|primarily |!|handle? |!|- |!|correct |!|answer |!| ✔ Questions |!| of |!|law The |!|court |!|may |!|grant |!|_____ |!|if |!|after |!|reviewing |!|the |!|evidence |!|in |!|the |!|case, |!|there |!|is |!|no |!|factual |!| dispute |!|and |!|one |!|party |!|is |!|entitled |!|to |!|judgment |!|prior |!|to |!|trial. |!|- |!|correct |!|answer |!| ✔ Motion |!|for |!| summary |!|judgment Which |!|of |!|the |!|following |!|is |!|a |!|court's |!|power |!|to |!|hear |!|certain |!|kinds |!|of |!|cases? |!|- |!|correct |!|answer |!| ✔ Subject-matter |!|jurisdiction Which |!|of |!|the |!|following |!|is |!|needed |!|for |!|diversity-of- |!|citizenship? |!|- |!|correct |!|answer |!| ✔ That |!|the |!| plaintiff |!|and |!|the |!|defendant |!|reside |!|in |!|different |!|states |!|and |!|that |!|the |!|controversy |!|concerns |!|an |!| amount |!|in |!|excess |!|of |!|$75,000. The |!|primary |!|type |!|of |!|damages |!|in |!|tort |!|law |!|is |!|referred |!|to |!|as |!|- |!|correct |!|answer |!| ✔ Compensatory |!|damages Which |!|of |!|the |!|following |!|are |!|common |!|classifications |!|of |!|torts? |!|- |!|correct |!|answer |!| ✔ Intentional, |!| negligent, |!|and |!|strict |!|liability. _______ |!|damages |!|are |!|damages |!|awarded |!|to |!|punish |!|the |!|defendant |!|and |!|to |!|deter |!|others |!|from |!| similar |!|conduct |!|- |!|correct |!|answer |!| ✔ Punitive Which |!|of |!|the |!|following |!|is |!|true |!|regarding |!|awards |!|of |!|punitive |!|damages |!|in |!|the |!|U.S.? |!|- |!|correct |!| answer |!| ✔ It |!|is |!|not |!|always |!|easy |!|to |!|predict |!|what |!|a |!|court |!|will |!|do |!|in |!|any |!|given |!|case. Robby |!|calls |!|Bobby |!|on |!|the |!|telephone |!|and |!|threatened |!|to |!|come |!|over |!|and |!|break |!|his |!|nose. |!| Which |!|of |!|the |!|following |!|is |!|true? |!|- |!|correct |!|answer |!| ✔. |!|Robby's |!|conduct |!|does |!|not |!|constitute |!|an |!|assault |!|because |!|there |!|is |!|no |!|question |!|of |!|immediate |!|bodily |!|harm. Which |!|of |!|the |!|following |!|is |!|true |!|regarding |!|the |!|intent |!|needed |!|for |!|an |!|intentional |!|tort? |!|- |!|correct |!|answer |!| ✔ a. |!|The |!|intent |!|at |!|issue |!|is |!|not |!|intent |!|to |!|harm |!|but, |!|rather, |!|is |!|intent |!|to |!|engage |!|in |!|a |!|specific |!|act, |!|which |!|ultimately |!|results |!|in |!|an |!|injury, |!|physical |!|or |!|economic, |!|to |!|another.
While |!|driving |!|her |!|car |!|down |!|the |!|street, |!|Susan |!|sees |!|a |!|child |!|playing |!|near |!|the |!|road |!|with |!|no |!| adult |!|around. |!|Which |!|of |!|the |!|following |!|is |!|true? |!|- |!|correct |!|answer |!| ✔ She |!|has |!|no |!|duty |!|to |!|render |!|assistance |!|to |!|the |!|child. Which |!|of |!|the |!|following |!|is |!|an |!|example |!|of |!|a |!|dram |!|shop |!|act? |!|- |!|correct |!|answer |!| ✔ a. |!|A |!|statute |!|which |!|allows |!|bartenders |!|and |!|bar |!|owners |!|to |!|be |!|held |!|liable |!|for |!|injuries |!|caused |!|by |!| individuals |!|who |!|become |!|intoxicated |!|at |!|the |!|bar Which |!|of |!|the |!|following |!|must |!|a |!|plaintiff |!|prove |!|to |!|win |!|a |!|negligence |!|case? |!|- |!|correct |!|answer |!| ✔ Duty, |!|breach |!|of |!|duty, |!|causation, |!|and |!|damages If |!|a |!|trademark |!|is |!|registered, |!|what |!|may |!|the |!|owner |!|obtain |!|in |!|the |!|event |!|of |!|infringement |!|from |!|a |!|person |!|who |!|used |!|the |!|trademark |!|to |!|pass |!|off |!|goods |!|as |!|being |!|those |!|of |!|the |!|mark |!|owner? |!|- |!|correct |!|answer |!| ✔ a. |!|Damages |!|and |!|an |!|injunction |!|prohibiting |!|the |!|infringer |!|from |!|using |!|the |!| mark Which |!|of |!|the |!|following |!|provides |!|that |!|a |!|portion |!|of |!|a |!|copyrighted |!|work |!|may |!|be |!|reproduced |!| for |!|purposes |!|of |!|criticism, |!|comment, |!|news |!|reporting, |!|teaching, |!|scholarship, |!|and |!|research? |!|- |!| correct |!|answer |!| ✔ The |!|Fair |!|Use |!|Doctrine Which |!|of |!|the |!|following |!|may |!|a |!|person |!|accused |!|of |!|defamation |!|raise |!|as |!|a |!|defense? |!|- |!|correct |!| answer |!| ✔ Truth |!|and |!|privilege. Which |!|of |!|the |!|following |!|is |!|generally |!|true |!|regarding |!|a |!|storekeeper |!|who |!|detains |!|a |!|suspected |!| shoplifter? |!|- |!|correct |!|answer |!| ✔ When |!|a |!|retailer |!|has |!|a |!|reason |!|to |!|believe |!|that |!|a |!|person |!|is |!| guilty |!|of |!|shoplifting, |!|the |!|store |!|may |!|question |!|the |!|person |!|about |!|said |!|shoplifting |!|in |!|a |!| reasonable |!|manner |!|and |!|for |!|a |!|reasonable |!|length |!|of |!|time. Which |!|of |!|the |!|following |!|is |!|true |!|regarding |!|tools |!|of |!|discovery? |!|- |!|correct |!|answer |!| ✔ a. |!| Interrogatories, |!|depositions, |!|and |!|requests |!|to |!|produce |!|documents |!|are |!|all |!|tools |!|of |!|discovery |!| available |!|to |!|all |!|parties. Which |!|of |!|the |!|following |!|is |!|true |!|regarding |!|federal |!|jurisdiction? |!|- |!|correct |!|answer |!| ✔ Some |!|cases |!| fall |!|within |!|both |!|federal |!|jurisdiction |!|and |!|state |!|jurisdiction, |!|but |!|the |!|federal |!|court |!|system |!|has |!| exclusive |!|jurisdiction |!|over |!|some |!|cases.
Which |!|of |!|the |!|following |!|would |!|be |!|relevant |!|areas |!|of |!|business |!|law |!|to |!|a |!|human |!|resource |!| manager? |!|- |!|correct |!|answer |!| ✔ Contracts, |!|employment |!|and |!|labor |!|law, |!|and |!|employment |!| discrimination Assume |!|a |!|business |!|person |!|who |!|owns |!|a |!|computer |!|equipment |!|store |!|is |!|delinquent |!|in |!|paying |!| rent |!|to |!|the |!|landlord. |!|The |!|resulting |!|dispute |!|focuses |!|on |!|law. |!|- |!|correct |!|answer |!| ✔ Private Assume |!|a |!|restaurant |!|chain |!|is |!|forced |!|to |!|pay |!|damages |!|for |!|breach |!|of |!|contract |!|to |!|a |!|supplier. |!| What |!|type |!|of |!|law |!|involved? |!|- |!|correct |!|answer |!| ✔ Private |!|law |!|and |!|civil |!|law Which |!|of |!|the |!|following |!|is |!|punishable |!|by |!|imprisonment |!|for |!|more |!|than |!|one |!|year |!|or |!|death? |!|- |!| correct |!|answer |!| ✔ Felony. Ordinarily, |!|to |!|obtain |!|an |!|arrest |!|warrant, |!|a |!|law |!|enforcement |!|agent |!|must |!|demonstrate |!|that |!| there |!|is |!|____ |!|that |!|a |!|suspect |!|committed |!|or |!|is |!|planning |!|to |!|commit |!|a |!|crime. |!|- |!|correct |!|answer |!| ✔ Probable |!|cause Which |!|of |!|the |!|following |!|is |!|the |!|application |!|of |!|ethics |!|to |!|special |!|problems |!|and |!|opportunities |!| experienced |!|by |!|those |!|in |!|business? |!|- |!|correct |!|answer |!| ✔ Business |!|ethics The |!|idea |!|that |!|we |!|should |!|interact |!|with |!|other |!|people |!|in |!|a |!|manner |!|consistent |!|with |!|the |!| manner |!|in |!|which |!|we |!|would |!|like |!|them |!|to |!|interact |!|with |!|us |!|is |!|called |!|the |!|- |!|correct |!|answer |!| ✔ Golden |!|Rule A |!|person |!|who |!|believes |!|that |!|they |!|should |!|not |!|cheat |!|on |!|a |!|drug |!|test |!|because |!|if |!|everyone |!|did |!| so, |!|the |!|drug |!|test |!|would |!|be |!|meaningless |!|is |!|applying |!|a[n] |!|- |!|correct |!|answer |!| ✔ Categorical |!| imperative What |!|is |!|the |!|primary |!|ADR |!|process |!|used |!|in |!|federal |!|district |!|courts? |!|- |!|correct |!|answer |!| ✔ Mediation
Offer |!|by |!|Oferror |!|to |!|enter |!|into |!|a |!|contract |!|and |!|acceptance |!|of |!|terms |!|by |!|offeree. Consideration |!|- |!|correct |!|answer |!| ✔ i. |!|The |!|bargained-for |!|exchange |!|or |!|what |!|each |!|party |!|gets |!|in |!| exchange |!|for |!|his |!|or |!|her |!|promise |!|under |!|the |!|contract (The |!|something |!|for |!|something) Contractual |!|capacity |!|- |!|correct |!|answer |!| ✔ i. |!|The |!|legal |!|ability |!|to |!|enter |!|into |!|a |!|binding |!| agreement Legal |!|Object |!|- |!|correct |!|answer |!| ✔ subject |!|matter |!|of |!|the |!|contract. |!|Cannot |!|be |!|illegal |!|or |!|against |!| public |!|policy |!|in |!|order |!|to |!|be |!|enforceable Objective |!|Theory |!|of |!|Contracts |!|is |!|the |!|- |!|correct |!|answer |!| ✔ basis |!|of |!|contract |!|law Objective |!|Theory |!|of |!|Contracts |!|bases |!|existence |!|on |!|- |!|correct |!|answer |!| ✔ Outward |!|manifestations |!|of |!|intent Objective |!|Theory |!|of |!|Contracts |!|bases |!|interpretation |!|on |!|- |!|correct |!|answer |!| ✔ how |!|a |!|reasonable |!| person |!|would |!|interpret |!|it. ________ |!|of |!|parties |!|is |!|not |!|usually |!|relevant |!|under |!|objective |!|theory |!|of |!|contracts |!|- |!|correct |!| answer |!| ✔ subjective |!|intent t |!|or |!|f: |!|subjective |!|intent |!|may |!|be |!|relevant |!|under |!|certain |!|circumstances |!|- |!|correct |!|answer |!| ✔ true subjective |!|intent |!|may |!|be |!|relevant |!|if |!|- |!|correct |!|answer |!| ✔ a |!|mutual |!|misunderstanding |!|b/t |!| parties |!|exists |!|and |!|they |!|did |!|not |!|come |!|to |!|a |!|true |!|meetings |!|of |!|minds; |!|no |!|contract |!|exists if |!|there |!|appears |!|a |!|a |!|mutual |!|misunderstanding |!|- |!|correct |!|answer |!| ✔ look |!|at |!|each |!|party |!| separately, |!|interpret |!|situation |!|to |!|determine |!|whether |!|parties |!|really |!|reached |!|an |!|agreement
in |!|order |!|to |!|determine |!|whether |!|partied |!|intended |!|to |!|enter |!|into |!|a |!|contract, |!|courts |!|look |!|at |!|- |!| correct |!|answer |!| ✔ their |!|objective |!|words |!|and |!|behavior |!|and |!|do |!|not |!|try |!|to |!|figure |!|out |!|what |!| they |!|may |!|have |!|secretly |!|intending classification |!|of |!|contract |!|determines |!|- |!|correct |!|answer |!| ✔ when |!|offeree |!|is |!|legally |!|bound |!|to |!| perform Bilateral |!|Contract |!|= |!|- |!|correct |!|answer |!| ✔ A |!|promise |!|+ |!|a |!|promise. -I'll |!|pay |!|you |!|$1000 |!|for |!|you |!|to |!|paint |!|my |!|car. -(My |!|promise |!|= |!|$1000) -(Your |!|promise |!|= |!|Paint |!|my |!|car) -Mutual |!|exchange Under |!|bilateral |!|contract, |!|contract |!|formed |!|- |!|correct |!|answer |!| ✔ as |!|soon |!|as |!|promise |!|exchanged Unilateral |!|Contract |!|- |!|correct |!|answer |!| ✔ -a |!|promise |!|+ |!|a |!|requested |!|action -Offerror |!|wants |!|something |!|done, |!|not |!|a |!|promise |!|for |!|something |!|to |!|be |!|done. -ex; |!|find |!|dog |!|and |!|ill |!|pay |!|reward under |!|unilateral |!|contract, |!|contract |!|formed |!|- |!|correct |!|answer |!| ✔ once |!|offerree |!|begins |!| performance; |!|offeror |!|must |!|give |!|reasonable |!|amt |!|of |!|time |!|to |!|finish |!|before |!|voiding |!|contract Express |!|Contract |!|- |!|correct |!|answer |!| ✔ The |!|terms |!|of |!|the |!|contract |!|are |!|all |!|clearly |!|set |!|forth |!|in |!| either |!|written |!|or |!|spoken |!|words. ex; |!|written |!|agreement |!|by |!|dentist |!|to |!|perform |!|work Implied |!|Contract |!|- |!|correct |!|answer |!| ✔ Terms |!|arise |!|from |!|conduct |!|of |!|the |!|parties. ex; |!|dentist |!|pulling |!|tooth |!|implies |!|you |!|will |!|pay
- |!|Acceptance Material |!|Terms |!|include |!|(5): (Considered |!|Definite |!|and |!|Certain |!|if |!|all |!|are |!|there). |!|- |!|correct |!|answer |!| ✔ 1. |!|Subject |!|matter
- |!|Quality
- |!|Price
- |!|Quantity
- |!|Named |!|parties Termination |!|of |!|the |!|offer |!|can |!|happen |!|in |!| 5 |!|ways |!|- |!|correct |!|answer |!| ✔ -revocation |!| -rejection |!|or |!|counteroffer -death |!|of |!|incapacity |!|of |!|the |!|offeror -destruction |!|or |!|subsequent |!|illegality |!|of |!|subject |!|matter -lapse |!|of |!|time |!|or |!|failure |!|of |!|another |!|condition |!|specified |!|in |!|the |!|offer Revocation |!|- |!|correct |!|answer |!| ✔ i. |!|The |!|offeror |!|can |!|cancel |!|the |!|offer |!|at |!|any |!|time, |!|regardless |!|of |!| how |!|long |!|it |!|was |!|said |!|to |!|be |!|open ii. |!|Becomes |!|effective |!|when |!|the |!|offeree |!|receives |!|it, |!|and |!|should |!|deliver |!|personally |!|if |!|important |!|to |!|be |!|known Exceptions |!|to |!|revocation |!|- |!|correct |!|answer |!| ✔ option |!|contract |!|and |!|detrimental |!|reliance Option |!|Contract |!|- |!|correct |!|answer |!| ✔ The |!|offeree |!|gives |!|the |!|offeror |!|consideration |!|in |!|exchange |!| for |!|holding |!|the |!|offer |!|open |!|for |!|a |!|specified |!|period |!|of |!|time. |!|(Deposit |!|for |!|option-to-buy; |!|i.e. |!| real |!|estate). -consideration |!|can |!|be |!|anything; |!|no |!|value |!|required detrimental |!|reliance |!|- |!|correct |!|answer |!| ✔ offeree |!|reasonably |!|relied |!|on |!|offerors |!|promise |!|to |!|hold |!|offer |!|open |!|and |!|had |!|taken |!|action |!|in |!|reliance |!|of |!|offer. |!|
may |!|use |!|promissory |!|estoppel |!|to |!|prevent |!|revocation under |!|detrimental |!|reliance, |!|once |!|significant |!|partial |!|performance |!|has |!|begun |!|- |!|correct |!|answer |!| ✔ offeror |!|must |!|give |!|offeree |!|a |!|reasonable |!|amount |!|of |!|time |!|to |!|complete |!|performance |!|before |!| revocation |!|can |!|take |!|place Rejection |!|- |!|correct |!|answer |!| ✔ Regardless |!|of |!|anything, |!|once |!|the |!|offeree |!|rejects |!|it, |!|it |!|is |!| terminated. Counteroffer |!|- |!|correct |!|answer |!| ✔ i. |!|An |!|offer |!|made |!|by |!|an |!|offeree |!|to |!|his |!|offeror |!|relating |!|to |!| the |!|same |!|matter |!|as |!|the |!|original |!|and |!|proposing |!|a |!|substituted |!|bargain |!|differing |!|from |!|that |!| proposed |!|in |!|the |!|original |!|offer. ii. |!|A |!|counteroffer |!|terminates |!|the |!|original |!|offer |!|and |!|the |!|offeree |!|becomes |!|the |!|offeror. Death |!|or |!|incapacity |!|of |!|the |!|offeror |!|- |!|correct |!|answer |!| ✔ terms |!|immediately |!|if |!|offeror |!|dies |!|or |!| loses |!|legal |!|capacity, |!|even |!|if |!|offeree |!|is |!|unaware exception |!|to |!|death |!|or |!|incapacity |!|of |!|offeror |!|- |!|correct |!|answer |!| ✔ parties |!|had |!|entered |!|into |!|an |!| options |!|contract; |!|admin |!|of |!|estate |!|or |!|guardian |!|must |!|hold |!|offer |!|open |!|until |!|expiration |!|in |!| accordance |!|with |!|options |!|contract Destruction |!|or |!|subsequent |!|illegality |!|of |!|the |!|subject |!|matter |!|- |!|correct |!|answer |!| ✔ If |!|the |!|subject |!| matter |!|of |!|the |!|offer |!|is |!|destroyed |!|or |!|becomes |!|illegal, |!|the |!|offer |!|immediately |!|terminates. -Ex: |!|House |!|for |!|sale |!|burns |!|down. Lapse |!|of |!|time |!|- |!|correct |!|answer |!| ✔ i. |!|If |!|the |!|offer |!|states |!|it |!|will |!|be |!|held |!|open |!|for |!|only |!|a |!| certain |!|time, |!|it |!|terminates |!|when |!|that |!|time |!|expires. ii. |!|In |!|absence, |!|offer |!|will |!|expire |!|after |!|reasonable |!|amount |!|of |!|time. Authorized |!|Means |!|of |!|Acceptance |!|- |!|correct |!|answer |!| ✔ means |!|by |!|which |!|offer |!|can |!|be |!|accepted
