Week 5, Quiz
1. A financial planner's intentional or negligent misstatement or non-disclosure of a material
fact relating to an investment is known as
Answer: Fraud or misrepresentation
2. A professional's improper or immoral conduct in theperformance of his or her duties
through carelessness or lack of knowledge is considered to be:
Answer: malpractice
3. Countries that enact laws prohibiting trade with specific countries are said to be using:
Answer: trade sanctions
4. Psychiatrists who learn from a patient that he or she intends to do harm to another has
thelegal responsibility to thepatient to maintain confidentiality and cannot disclose such
information to authorities.
Answer: false
5. To help allay costs in addressing environmentally scarred land CERCLA created a fund
known as the:
Answer: hazardous substance trust fund
6. When a host country takes title to all of theassets of a foreign company and provides
compensation to theowners of theforeign company, it is called:
Answer: expropriation
7. Therestrictions some countries place on thenumber and kinds of products that may enter
their nation in order to maintain a positive balance of trade is known as:
Answer: quota systems
1. A financial planner's intentional or negligent misstatement or non-disclosure of a material
fact relating to an investment is known as
Answer: Fraud or misrepresentation
2. A professional's improper or immoral conduct in theperformance of his or her duties
through carelessness or lack of knowledge is considered to be:
Answer: malpractice
3. Countries that enact laws prohibiting trade with specific countries are said to be using:
Answer: trade sanctions
4. Psychiatrists who learn from a patient that he or she intends to do harm to another has
thelegal responsibility to thepatient to maintain confidentiality and cannot disclose such
information to authorities.
Answer: false
5. To help allay costs in addressing environmentally scarred land CERCLA created a fund
known as the:
Answer: hazardous substance trust fund
6. When a host country takes title to all of theassets of a foreign company and provides
compensation to theowners of theforeign company, it is called:
Answer: expropriation
7. Therestrictions some countries place on thenumber and kinds of products that may enter
their nation in order to maintain a positive balance of trade is known as:
Answer: quota systems
