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QUESTION

May 11, 2017

business law

While cleaning a table, a waitress found a camera that had been left there by the last customer. The camera is
1.
misplaced and may be kept by the waitress.
2.
lost and may be kept by the waitress.
3.
misplaced and must be given to the manager to hold for the camera's owner.
4.
lost and must be given to the manager to hold for the camera's owner.

1 points

QUESTION 10

Linicome Industries is a manufacturer of home video game machines and home video games. Johnson department store wants to market the home video games, but Linicome refuses to sell the games unless Johnson also agrees to purchase the Linicome home video machines. A court will most likely find such a restriction to be
1.
an unlawful tying agreement.
2.
a per se violation.
3.
an interlocking directorate.
4.
a lawful tying agreement.

1 points

QUESTION 11

Anyone who receives unordered merchandise through the mail
1.
must pay for it.
2.
none of the above.
3.
must return it.
4.
may treat it as a gift.

1 points

QUESTION 12

Carriers may limit the amount of their liability to the value stated on the
1.
warehouser's lien.
2.
mutuum.
3.
bill of lading.
4.
warehouse receipt.

1 points

QUESTION 13

After signing a one-year lease for an apartment, Fabian learned that he would be traveling for the middle four months of its term. Fabian arranged to have someone rent his apartment during his absence. This arrangement is
1.
a sublease.
2.
a transfer.
3.
an option to renew.
4.
an assignment.

1 points

QUESTION 14

Carleton invents a retractable extension cord. She files for a patent and stamps the words patent pending on each extension cord she plans to sell.
1.
The words patent pending legally protect the extension cord against being reproduced or copied by another individual or a corporation.
2.
The extension cord is not yet legally protected by a patent.
3.
Any individual or corporation who makes, uses, or sells copies of the extension cord without authorization to do so will be guilty of patent infringement.
4.
none of the above

1 points

QUESTION 15

Right to work laws are
1.
state laws that prohibit labor-management agreements requiring union membership as a condition of getting or keeping a job.
2.
federal laws that prohibit employees in the public sector from striking.
3.
federal laws that prohibit labor-management agreements requiring union membership as a condition of getting or keeping a job.
4.
state laws that prohibit employers from negotiating with employee representatives over grievance procedures and seniority systems.

1 points

QUESTION 16

The after acquired evidence defense is sometimes available for employers who have discovered evidence that
1.
would have allowed them to discharge an employee even if the wrongful discharge claim was true.
2.
would have allowed the employee to exercise the remedy of specific promulgation.
3.
would have allowed the employee to call upon the collective bargaining grievance procedure guaranteed by Congress under provisions of the After Acquired Evidence Act of 1994.
4.
would have allowed the employer to rehire the employee after a negotiated settlement.

1 points

QUESTION 17

If the members of a limited liability company choose to run the LLC on their own, the members of the LLC are considered agents of the LLC. This means that, whenever a member performs a function within that member's apparent authority,
1.
the LLC will be bound by that action.
2.
only the member designated in the articles of organization as the CEO will be bound by that action.
3.
only that member will be bound by that action.
4.
only the member with the greatest financial interest in the LLC will be bound by that action.

1 points

QUESTION 18

When a company agrees to stop violating the FTC Act without admitting wrong, the court issues a
1.
consent order.
2.
dunning letter.
3.
stipulation.
4.
default decree.

1 points

QUESTION 19

The trustee of a trust holds
1.
equitable title to the trust property.
2.
beneficial title to the trust property.
3.
legal title to the trust property.
4.
no title to the trust property.

1 points

QUESTION 20

An S corporation is a corporation in which shareholders have agreed
1.
to have the profits (or losses) of the corporation taxed directly to them rather than to the corporation.
2.
to voluntarily waive the right to be tax exempt under provisions of the Internal Revenue Code.
3.
to operate only in one state.
4.
none of the above

1 points

QUESTION 21

An example of a bailment is
1.
leaving a suit to be cleaned at the cleaners.
2.
borrowing a friend's car.
3.
renting a movie from a video shop.
4.
all of the above.

1 points

QUESTION 22

Husband dies intestate and is survived by Wife, two children of a prior marriage, and two children of the marriage to Wife. Under the Texas Probate Code, Husband's one-half interest in the community property owned by Husband and Wife passes to:
1.
The two children of Husband's prior marriage, to be divided equally between them
2.
Wife
3.
The two children of the marriage to Wife, to be divided equally between them.
4.
The two children of the marriage to Wife and the two children of Husband's prior marriage, to be divided equally among all of them.

1 points

QUESTION 23

The doctrine that prevents a lawsuit against government authority without the government's consent is known as
1.
agency by estoppel.
2.
sovereign immunity
3.
agency by operation of law.
4.
the equal dignities rule.

1 points

QUESTION 24

The agent's duty of loyalty means that the agent cannot act
1.
for an undisclosed principal.
2.
for two principals in the same transaction.
3.
for two principals.
4.
for more than one year for the same principal.

1 points

QUESTION 25

Grant deeded his property to Botts for Botts's life. The terms in the deed stated that the property would pass to Grant's son at the expiration of the life estate.
1.
Grant's son has dower to the estate.
2.
The future interest is a remainder estate.
3.
The future interest is a reversion estate.
4.
Botts will own a leasehold estate.

1 points

QUESTION 26

The type of tenancy that arises when a tenant wrongfully remains in possession of the premises after expiration of the tenancy is called a
1.
tenancy at will.
2.
periodic tenancy.
3.
tenancy for years.
4.
tenancy at sufferance

1 points

QUESTION 27

The Crown Corporation offers to buy the voting stock of the L & N Corporation, with the intention of acquiring L & N and changing its management. To avoid being taken over by Crown, L & N asks the Spendle Corporation to outbid Crown. In this situation,
1.
L & N is a friendly suitor, Crown is a hostile bidder, and Spendle is the target.
2.
L & N is a hostile bidder, Crown is the target, and Spendle is a white knight.
3.
L & N is the target, Crown is a friendly suitor, and Spendle is a hostile bidder.
4.
L & N is the target, Crown is a hostile bidder, and Spendle is a white knight.

1 points

QUESTION 28

Which of the following powers is not granted to the President in Article II of the Constitution?
1.
The President is the Commander-in-Chief of the army
2.
The President has executive power.
3.
The President appoints judges to the highest federal court
4.
The President engages in judicial review.

1 points

QUESTION 29

Sales of consumer goods or services over $25 made away from the seller's regular place of business
1.
may usually not be canceled.
2.
may be canceled within three business days after the sale occurs.
3.
may be canceled within five business days after the sale occurs.
4.
none of the above.

1 points

QUESTION 30

President Ronald Reagan fired which of the following federal employees for striking:
1.
I.R.S. employees
2.
Air traffic controllers
3.
Airline pilots
4.
E.P.A. regulators

1 points

QUESTION 31

Under the ____, a seller may not charge different prices to different customers for the same product when such differences might injure competition.
1.
Federal Trade Commission Act
2.
Robinson-Patman Act
3.
Sherman Anti-Trust Act
4.
Clayton Act

1 points

QUESTION 32

A testatrix who cannot sign her own will because of paralysis
1.
can create a legally enforceable will by having another person sign it for her in her presence.
2.
can create a legally enforceable will by having another person sign it for her in her absence.
3.
cannot create a legally enforceable will.
4.
can create a legally enforceable will by having another person sign it for her in her presence and in the presence of other witnesses.

1 points

QUESTION 33

In Texas, a person’s wages may be garnished for:
1.
unpaid college bookstore accounts
2.
child support
3.
unpaid judgments for medical bills
4.
all of the above

1 points

QUESTION 34

Gary, a joint tenant, deeds away his interest in a property to Ferris without the permission of the three other joint tenants.
1.
Gary cannot rightfully deed away his interest in a property without the written permission of the remaining joint tenants.
2.
Ferris becomes a joint tenant with the remaining joint tenants.
3.
Ferris and the remaining joint tenants all become tenants in common.
4.
Ferris becomes a tenant in common with the remaining joint tenants.

1 points

QUESTION 35

The government is involved in
1.
only a voluntary dissolution of a corporation.
2.
both a voluntary and involuntary dissolution of a corporation.
3.
only an involuntary dissolution of a corporation.
4.
neither a voluntary nor an involuntary dissolution of a corporation.

1 points

QUESTION 36

Common law originated in
1.
Germany.
2.
the United States.
3.
New England.
4.
England.

1 points

QUESTION 37

A proprietor's procuring the services of an independent contractor known to be incompetent could result in liability for the proprietor due to
1.
negligent firing
2.
a nondelegable duty.
3.
negligent hiring
4.
a factor.

1 points

QUESTION 38

In a bankruptcy filing under ____, there is an automatic suspension of debt collection as soon as the petition is filed.
1.
Chapter 12
2.
Chapter 11
3.
Chapter 7
4.
all of the above

1 points

QUESTION 39

Which of the following entities would NOT qualify as a person for the purpose of creating a limited liability company?
1.
a limited partnership
2.
another limited liability company
3.
a partnership
4.
none of the above

1 points

QUESTION 40

The theory that holds that managers should be more responsive to the shareholders of a corporation is known as
1.
shareholder democracy.
2.
managerial control.
3.
special interest group control.
4.
state control.

1 points

QUESTION 41

A owns a tract of land which is not his homestead. A borrows money from Bank to be repaid over a term of ten (10) years. To secure the loan, A executes a deed of trust describing the tract of land, naming the Bank as beneficiary. Bank immediately records the deed of trust. One year later, A conveys the property to Buyer in consideration for payment of $10,000. A never tells Buyer about the outstanding loan or deed of trust. Buyer promptly records his deed. Under Texas law, if A fails to pay the note to Bank:
1.
A can revoke the conveyance to Buyer because A did not have clear title at the time of the deed to Buyer.
2.
Bank can foreclose on the property and divest Buyer of title.
3.
Buyer can prevent the Bank from foreclosing on the property because Buyer was not given actual notice of the bank's lien.
4.
Bank can sue A but cannot foreclose on the property because A no longer owns it.

1 points

QUESTION 42

Corporations that are privately organized for profit but also provide a service upon which the public is dependent are generally referred to as
1.
quasi-public corporations.
2.
public corporations.
3.
private corporations.
4.
all of the above

1 points

QUESTION 43

Under Texas law, a dismissed employee does not have a cause of action for wrongful termination as a result of which of the following :
1.
termination for reporting racial discrimination to a supervisor
2.
termination prior to expiration of an employment contract
3.
termination for missing work due to make an appointment ordered by a doctor.
4.
termination for being born in Iran

1 points

QUESTION 44

The process of becoming a Limited Liability Partnership generally requires registering with the appropriate state office, and
1.
paying the necessary filing fees.
2.
making certain that the firm has a least three partners.
3.
eliminating partnership management rights.
4.
none of the above.

1 points

QUESTION 45

Which of the following is a leasehold estate?
1.
tenancy for years
2.
periodic tenancy
3.
tenancy at will
4.
all of the above

1 points

QUESTION 46

Tyrone loaned a local partnership $4,000. If the partnership dissolves, it is
1.
legally obligated to give Tyrone constructive notice or actual notice of its dissolution.
2.
not legally obligated to give Tyrone any notice of its dissolution.
3.
legally obligated to give Tyrone constructive notice of the dissolution.
4.
legally obligated to give Tyrone actual notice of the dissolution.

1 points

QUESTION 47

Boss fires Lazy Lucy because she smokes during her lunch hour away from the job. Boss’ action in firing Lucy:
1.
constitutes intentional infliction of emotional distress
2.
will likely be considered good cause for purposes of unemployment benefits
3.
violates her civil rights as a female smoker
4.
is lawful

1 points

QUESTION 48

When foreclosure occurs, the owner/debtor’s ____________________ is cut off:
1.
right of redemption
2.
right of respondent superior
3.
right of bankruptcy
4.
fertility

1 points

QUESTION 49

A merger of large publicly-traded corporations generally must be approved by
1.
the Federal Trade Commission
2.
a three-eighths majority vote of the corporation's shareholders.
3.
a two-fourths majority vote of the corporation's shareholders.
4.
all of the corporation's shareholders.

1 points

QUESTION 50

Article I of the U.S. Constitution
1.
establishes the principle of supremacy.
2.
determines that a presidential term of office runs for six years.
3.
states that Congress consists of the Senate and the House of Representatives.
4.
gives judicial power to the Supreme Court and to other courts set up by Congress.

1 points

QUESTION 51

Three shareholders submitted three different shareholder proposals to the management of a large corporation. The proposals met length and timing requirements, and each shareholder who submitted a proposal owned 2 percent of the corporation's voting stock. Which proposal, under SEC rules, will be considered invalid by the corporate management?
1.
a proposal to amend the bylaws
2.
a proposal to amend the corporate charter
3.
a proposal to hire a particular employee
4.
all of the above

1 points

QUESTION 52

Upon the dissolution of a partnership, which of the liabilities of the partnership should be paid last?
1.
liabilities to creditors other than partners
2.
liabilities to partners for loans or advances made to the partnership
3.
liabilities to partners for their share of profits
4.
liabilities to partners as repayment for their capital contributions

1 points

QUESTION 53

In bankruptcy, a legal order that stops the debtor's creditors from making further moves to collect the money that the debtor owes them is called a(n)
1.
liquidation.
2.
waiver.
3.
automatic stay.
4.
discharge.

1 points

QUESTION 54

Wendy's written will is witnessed by one person in a state that requires the presence of two witnesses. Wendy's will
1.
is construed as a deed
2.
is invalid.
3.
can become valid if a properly signed notary block is added at a later date.
4.
all of the above

1 points

QUESTION 55

The Cobble Corporation purchases all the property of Dansen, Inc. Such a transaction is known as
1.
an asset acquisition.
2.
a merger.
3.
a consolidation.
4.
a stock acquisition.

1 points

QUESTION 56

The system that allows shareholders to multiply the number of their voting shares by the number of directors to be elected is known as
1.
cumulative voting.
2.
proxy voting.
3.
shareholder democracy.
4.
a voting agreement.

1 points

QUESTION 57

The rule-of-reason approach is used by the courts to
1.
determine whether an interlocking directorate exists in two corporations.
2.
judge the legality of an alleged antitrust practice that is not considered a per se violation.
3.
determine whether an alleged antitrust practice is a per se violation.
4.
all of the above

1 points

QUESTION 58

A shareholder's preemptive right allows the shareholder to
1.
share in dividends after the dividends have been declared by the board of directors.
2.
purchase a proportionate share of every new offering of stock by the corporation.
3.
inspect the records of the corporation at any time.
4.
sell or transfer her shares of stock.

1 points

QUESTION 59

The person to whom property is transferred by deed is called the
1.
grantee.
2.
riparian owner.
3.
devisee.
4.
grantor.

1 points

QUESTION 60

Dividends on cumulative preferred stock that are not paid in one year
1.
are distributed among holders of common stock.
2.
will be paid in later years if any dividends at all are paid by the corporation.
3.
are lost forever.
4.
none of the above

1 points

QUESTION 61

A person who is authorized to conduct a particular transaction is a(n)
1.
special agent.
2.
general agent.
3.
principal.
4.
agent.

1 points

QUESTION 62

The theory that the government, as an impartial third party, should make corporate decisions, is known as
1.
special interest group control.
2.
shareholder democracy.
3.
managerial control.
4.
state control.

1 points

QUESTION 63

One who gives a security interest in real property to secure a debt he owes is a
1.
subordinated party.
2.
mortgagor.
3.
secured party.
4.
mortgagee.

1 points

QUESTION 64

Which of the following items is NOT to be placed in the articles of organization of a limited liability company?
1.
the address where the LLC's operating agreement and by-laws are to be kept
2.
the name of the LLC
3.
the duration of the LLC
4.
none of the above

1 points

QUESTION 65

Contracts, combinations, and conspiracies in restraint of trade are prohibited by the
1.
Sherman Anti-Trust Act.
2.
Federal Trade Commission Act.
3.
Robinson-Patman Act.
4.
Clayton Act.

1 points

QUESTION 66

A deed that contains express warranties guaranteeing that the property is free of encumbrances created by the grantor or by others who had title previously is a
1.
general warranty deed.
2.
special warranty deed.
3.
quitclaim deed.
4.
bargain-and-sale deed.

1 points

QUESTION 67

A person who hires an independent contractor is known as a
1.
proprietor.
2.
general agent.
3.
borrowed servant.
4.
master.

1 points

QUESTION 68

At the time that the articles of organization for a new limited liability company are filed in the office of the secretary of state, which of the following events must also occur?
1.
The financial records of the primary promoter must also be filed.
2.
A statutory agent for the service of process must be named.
3.
An affidavit testifying to the existence of a start-up fund of at least $5,000 must also be filed.
4.
none of the above

1 points

QUESTION 69

In McCulloch v. Maryland, the U.S. Supreme Court case regarding a state's authority to impose taxes on a federal bank, Chief Justice Marshall wrote:
1.
That the power to destroy may defeat and render useless the power to create
2.
That the power to tax involves the power to destroy
3.
That there is a plain repugnance, in conferring on one government a power to control the constitutional measures of a higher government.
4.
All of the above.

1 points

QUESTION 70

Bubba owns a tract of land. On February 10, Bubba signs a deed to the property to Frank in consideration for $100,000. Frank records his deed on February 15. On February 14, Bubba gives a deed to the property to Mistress Maple as a gift, hoping to win her affection. That evening, Maple shows Lover Larry her deed from Bubba, and sells the property to Larry for $100,000, which he pays in cash. Whose title is superior?
1.
Mistress Maple
2.
Frank
3.
Lover Lucy
4.
Bubba

1 points

QUESTION 71

Which of the following restrictions may a lease legally impose on a tenant of a large apartment building?
1.
hanging laundry in the windows or over balconies
2.
owning pets
3.
playing loud music after 10 P.M.
4.
all of the above

1 points

QUESTION 72

In order for a gift to be completed,
1.
the donor must intend to make a gift.
2.
the donee must accept the gift.
3.
the gift must be delivered to the donee.
4.
all of the above

1 points

QUESTION 73

In Marbury v. Madison, Chief Justice Marshall, writing for the U.S. Supreme Court, established the principle of judicial review by:
1.
Issuing a writ of mandamus to President Jefferson to deliver an appointment to Marbury
2.
Holding Congress' expansion of the Supreme Court's original jurisdiction unconsitutional
3.
Finding the Senate's practice of opening each session with a prayer violative of the First Amendment.
4.
Declaring President Jefferson's electoral defeat of the Federalists unconstitutional.

1 points

QUESTION 74

Depending on the nature, location, and extent of the business, a sole proprietor may have to check on all of the following:
1.
S.E.C. filing requirements.
2.
licensing laws.
3.
cloning restrictions.
4.
All of the above.

1 points

QUESTION 75

Some state statutes assert that the death of a member does not trigger a dissolution of an L.L.C. Instead the death of a member is classified as a
1.
realignment.
2.
separation.
3.
disassociation.
4.
winding up.

1 points

QUESTION 76

A patent is a grant from the government that gives an inventor the exclusive right to make, use, and sell a unique product design, generally for a period of:
1.
20 years.
2.
5 years.
3.
70 years
4.
21 years.

1 points

QUESTION 77

The Magna Carta, a 13th Century document agreed to by King John of England, was an early establishment of which of the following principles?
1.
The English Prime Minister would the the head of government while the King would remain the head of state.
2.
The line of succession in the English monarchy could include daughters as well as sons of the King.
3.
Kings must get parliamentary approval of official acts.
4.
Law may regulate and restrict the powers of rulers as well as the governed.

1 points

QUESTION 78

A deed of trust
1.
is a way for the mortgagor to convey all or part of his or her interest in the property directly to the mortgagee.
2.
is a way for the mortgagor to convey his or her interest in the property to a trustee to serve as security for an obligation to a mortgagee.
3.
cannot, in any state, be used in place of a mortgage.
4.
does not need to be in writing.

1 points

QUESTION 79

Which of the following can never be a bona fide occupational qualification (BFOQ)?
1.
race
2.
religion
3.
sex
4.
age

1 points

QUESTION 80

Michelle Obama asked Cyndi Lauper if she could borrow Cyndi's dress for an awards ceremony. Cyndi gave Michelle the dress and asked for nothing in return for this favor. This transaction was a
1.
mutuum.
2.
bailment for the sole benefit of the bailee.
3.
mutual-benefit bailment.
4.
bailment for the sole benefit of the bailor.

1 points

QUESTION 81

A limited liability company is best thought of as a cross between a corporation and
1.
a sole proprietorship.
2.
a governmental institution.
3.
a partnership
4.
a limited partnership

1 points

QUESTION 82

A failure on the part of an agent to keep the principal's funds separate from the agent's funds is known as
1.
renunciation.
2.
commingling.
3.
revocation.
4.
cohabitation

1 points

QUESTION 83

A person may receive profits and avoid the label of partner if the share is paid as
1.
a repayment of a debt.
2.
as an annuity.
3.
both of the above.
4.
neither of the above since all sharing profits creates a partnership.

1 points

QUESTION 84

Kenneth transfers to Lenny a deed to real property. The deed contains an express warranty in which Kenneth guarantees that no defect arose in the title during the time that he owned the property. This deed is known as a
1.
special warranty deed.
2.
quitclaim deed.
3.
bargain-and-sale deed.
4.
general warranty deed.

1 points

QUESTION 85

The duty that requires the agent to keep a record of all the principal's money is known as the duty
1.
to account.
2.
of loyalty.
3.
of obedience.
4.
of good faith.

1 points

QUESTION 86

A corporation that has failed to pay franchise taxes may be subject to
1.
a quo warranto proceeding.
2.
receivership.
3.
consolidation.
4.
all of the above

1 points

QUESTION 87

Another name for a living trusts is a(n)
1.
testamentary trust.
2.
conveyance in trust.
3.
declaration of trust.
4.
inter vivos trust.

1 points

QUESTION 88

The courts will look at which of the following factors to determine if an implied contract exists?
1.
past dealing
2.
the nature of the employment relationship
3.
the length of the employment relationship
4.
any or all of the above

1 points

QUESTION 89

Seller sells a tract of real property to Buyer for $10,000 and delivers to Buyer a warranty deed. Buyer forgets to record his deed. Seller later purports to give the same tract by gift deed to his brother, who gives Seller nothing in consideration. Brother immediately records the deed. Under the Texas recording statutes, whose title is superior.
1.
Seller
2.
Buyer
3.
Brother
4.
The State of Texas

1 points

QUESTION 90

The agent's duty to follow the lawful instructions of the principal is the duty of
1.
indemnification.
2.
loyalty.
3.
obedience.
4.
accounting.

1 points

QUESTION 91

Michelson was chairman of the board and chief executive officer of a computer manufacturer. When considering whether to purchase CompuPrint, a manufacturer of computer printers, Michelson examined CompuPrint's financial records, consulted with legal and financial experts, and conducted an in-depth study of the marketplace. He then decided that it would be profitable for his corporation to purchase CompuPrint. If CompuPrint turns out to be a poor investment, and a court hears a case challenging Michelson's decision, the court will most likely judge his conduct under the
1.
shareholder protection rule.
2.
fairness rule.
3.
insider trading rule.
4.
business judgment rule.

1 points

QUESTION 92

A joint owner of a patent
1.
may transfer part interest in the patent through a written assignment.
2.
may sell his or her interest in the patent without regard to the other owners.
3.
may make, use, and sell the invention without regard to the other owners unless they have agreed otherwise.
4.
all of the above

1 points

QUESTION 93

A concerted refusal to have dealings with someone to force the acceptance of certain conditions is known as
1.
picketing.
2.
a boycott.
3.
collective bargaining.
4.
a strike.

1 points

QUESTION 94

In her will, Sarah left her house to her son, Trigg. This gift of property is called a
1.
bequest.
2.
legatee.
3.
legacy.
4.
devise.

1 points

QUESTION 95

In abandoned shipwreck cases, the law of finds gives ownership to the finder if
1.
the property is abandoned.
2.
the finder has possession of the property.
3.
the finder intends to acquire the property.
4.
all of the above.

1 points

QUESTION 96

The action of a principal in authorizing a previously unauthorized act by an agent is known as
1.
tangential gratification.
2.
ratification
3.
agency by implication.
4.
reticular formation

1 points

QUESTION 97

Which of the following is an unfair labor practice, under the Taft-Hartley Act?
1.
A union strikes against an employer because another employer uses nonunion employees.
2.
A union strikes against a general contractor to force the contractor to stop dealing with a subcontractor.
3.
A union asks another company not to load trucks carrying the products of a company the union is striking.
4.
all of the above

1 points

QUESTION 98

Ray, Michael, Eileen, and Melissa are partners in an accounting firm. Ray and Michael want to advertise the partnership's services on television. Melissa and Eileen think television advertising will discredit the firm's reputation.
1.
The decision will be made by drawing lots.
2.
An unbiased third party must be brought in to mediate a decision.
3.
The partner with the most seniority will make the ultimate decision.
4.
none of the above

1 points

QUESTION 99

The theory that holds that the managers should be insulated from the influence of the shareholders is known as
1.
managerial control.
2.
shareholder democracy.
3.
state control.
4.
special interest group control.

1 points

QUESTION 100

Which of the following workers are not prohibited from striking?
1.
air traffic controllers
2.
factory workers
3.
ambulance paramedics
4.
all of the above