BUSFIN 3500 FINAL EXAM NEWEST 2025/ 2026
ACTUAL EXAM COMPLETE 200 QUESTIONS AND
CORRECT DETAILED ANSWERS||VERIFIED EXAM!!
(VERIFIED ANSWERS) |ALREADY GRADED
A+||NEWEST UPDATE!!
what is the order of the stages of the civil legal process? -
ANSWER-pleading stage
discovery stage
trial stage
appellate stage
Uniform Arbitration Act (UAA) - ANSWER-Gives
arbitrators the power to swear witnesses and give
subpoenas
affirmative defense - ANSWER-a defendant uses an
_______ when her or his answer admits that the facts
contained in the complaint are accurate but also includes
additional facts that justify the defendant's actions and
provide a legally sound reason to deny relief to the
plaintiff.
Motion to dismiss - ANSWER-upon receiving the
complaint, if the defendant believes that even though all
the plaintiff's factual allegations are true, the law does not
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entitle the plaintiff to a favorable judgement, the defendant
may file a ______________
Counterclaim - ANSWER-If the defendant believes he has
a claim against the plaintiff, he includes this _________
with his answer
mock trials - ANSWER-Jury selection firms set up
__________ by recruiting individuals who match the
demographics of the real jury to listen to attorney'
arguments and witnesses' testimony
Shadow jury - ANSWER-parties also often hire jury
selection firms to provide _______. Like a mock trial, a
_________ uses individuals whose demographics match
the demographics of a trial's real jurors.
directed verdict - ANSWER-this motion is a request for the
court to __________ for the defendant because even if the
jury accepted all the evidence and testimony presented by
the plaintiff as true, the jury would still have no legal basis
for a decision in favor of the plaintiff
unfair competition - ANSWER-this tort exists because U.S.
law protects businesses action on the profit motive. Thus,
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when someone enters an industry with the sole intent of
driving another firm out of business, the law punishes this
act as ___________
Fiduciary Rule - ANSWER-the highest legal duty and
standard for ethical business conduct.
Otis Engineering Corp v. Clark - ANSWER-Matheson,
employee of Otis, was drunk on the job. His boss asked
him to leave and escorted him to the parking lot. Matheson
drove home and got into a wreck, killing the wives of Larry
and Clifford Clark. The Clarks sued for wrongful death, but
were dismissed because Matheson wasn't acing within the
scope of his job. Court of appeals reversed. Generally,
one person is under no duty to control the conduct of
another even if he has the practical ability to do so. Yet,
certain relationships do impose, as a matter of law, certain
duties upon parties. When, because of an employee's
incapacity, an employer exercises control over the
employee, the employer has a duty to take such action to
prevent the employee from causing an unreasonable risk
of harm to others. Remanded.
Facts- employer sends an obviously intoxicated employee
home in the middle of a shift, and the employee is involved
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in a car collision killing himself and the occupants of the
others car, who were married to the plaintiffs.
Presidential authority over foreign affairs - ANSWER-the
president's ability to make law regarding foreign affairs
derives from the presidential power to make treaties,
subject to the advice and consent of two thirds of the
senate.
Presidential authority over domestic affairs - ANSWER-the
president's authority over domestic affairs is yet another
source of law. Article II if the Constitution of the U.S.
provides that the president "shall take Care that the Laws
be faithfully executed."
Interaction among the various source of law - ANSWER-
the various sources of law in the U.S. do not operate in a
vacuum. The three branches of government frequently
interact. This interaction provides a system of checks and
balances in which the branches may aid or block each
other.
The State System - ANSWER-page 59 in textbook