BUSINESS 100 midterm Questions and Answers,100% CORRECT

BUSINESS 100 midterm Questions and Answers • Question 1 Written defamation is ; oral defamation is . Answer Selected Answer: libel; slander Correct Answer: libel; slander • Question 2 4 out of 4 points 4 out of 4 points Which of the following statements is correct regarding the difference between tort and criminal law? Answer Selected Answer: Criminal law is prosecuted by the government. Correct Answer: Criminal law is prosecuted by the government. • Question 3 0 out of 4 points Don was standing in a cafeteria line holding a plate. Tim was upset with Don. Tim turned Don around and grabbed the plate out of Don's hand. Tim then held the plate up and threatened to break it over Don's head. Tim has committed Answer Selected Answer: an assault, but not a battery. Correct Answer: both an assault and a battery. • Question 4 The elements in a defamation case are: Answer Selected Answer: defamatory statement; falsity; communication; and injury. 4 out of 4 points Correct Answer: defamatory statement; falsity; communication; and injury. • Question 5 4 out of 4 points In order for a plaintiff to win a case involving intentional infliction of emotional distress, she must prove the defendant acted in an extreme and outrageous manner. Answer Selected Answer: Correct Answer: Tru e Tru e • Question 6 Contracts generally do not require bargaining that leads to an exchange between the parties. Answer 4 out of 4 points Selected Answer: Correct Answer: Fals e Fals e • Question 7 4 out of 4 points Nella offers to sell her crop of strawberries, which have just been picked, to Morgan’s Market. Since Nella does not specify a time limit for acceptance, Morgan’s can accept the offer at any point in time. Answer Selected Answer: Correct Answer: Fals e Fals e • Question 8 0 out of 4 points The element of a contract that states the parties must be adults of sound mind is consent. Answer Selected Answer: Correct Answer: Tru e Fals e • Question 9 4 out of 4 points When promissory estoppel is used by the courts, it is because there is NOT an enforceable contract present. Answer Selected Answer: Correct Answer: Tru e Tru e • Question 10 4 out of 4 points Some of the elements of a contract are acceptance, consideration, legality, and capacity. Answer Selected Answer: Correct Answer: Tru e Tru e • Question 11 4 out of 4 points The principle of liability stating that an employer is liable for a physical tort committed by an employee acting within the scope of employment and a nonphysical tort of an employee acting with authority is called Answer Selected Answer: respondeat superior. Correct Answer: respondeat superior. • Question 12 4 out of 4 points If apparent authority is present, the principal is liable for even the unauthorized acts of the agent. Answer Selected Answer: Correct Answer: Tru e Tru e • Question 13 4 out of 4 points An agent is always liable for his or her own torts committed within the scope of the agency relationship. Answer Selected Answer: Correct Answer: Tru e Tru e • Question 14 An agent must obey all instructions of the principal. Answer 4 out of 4 points Selected Answer: Correct Answer: Fals e Fals e • Question 15 In its most basic terms, a fiduciary relationship is one of Answer Selected Answer: trus t. Correct Answer: trus t. • Question 16 Annette drove through an intersection without looking and hit 4 out of 4 points 4 out of 4 points Vincent's car that he had driven into the intersection without obeying a stop sign. Annette sued Vincent. The jury found that Annette’s fault contributed 20 percent to the collision and determined that her total loss was $100,000. Under comparative negligence, the jury should award Annette Answer Selected Answer: $80,0 00. Correct Answer: $80,0 00. • Question 17 4 out of 4 points In strict liability, if a company sells a beverage in a can that has sharp edges and injures several consumers, it will be held liable even if it didn't know about the problem. Answer Selected Answer: Correct Answer: Tru e Tru e • Question 18 0 out of 4 points In a negligence case, the plaintiff must establish Answer Selected Answer: duty, strict liability, causation, and injury. Correct Answer: duty of due care, breach, factual cause, foreseeable harm, and damages. • Question 19 4 out of 4 points A defendant engaging in an ultrahazardous activity is almost always liable for any harm that results. Answer Selected Answer: Correct Answer: Tru e Tru e • Question 20 Most states recognize some form of comparative negligence. Answer 4 out of 4 points Selected Answer: Correct Answer: Tru e Tru e