BUL 3130 FINAL EXAM QUESTIONS AND ANSWERS |
2025/2026 UPDATE | WITH COMPLETE SOLUTION
The concept of bargaining is that the terms and conditions of employment that
result from negotiations that apply to all employees in a bargaining unit. This
concept is commonly referred to as
a. Collective bargaining
b. Unionization
c. Featherbedding
d. Genius Answer - A
2. Intent, consideration, legal subject matter, ____________, capacity, and offer
are the elements of any contract
a. Coalition
b. Argumentative
c. Acceptance
d. None of the above Answer - C
3. What do the Bill of Rights consist of
a. First ten amendments
,b. First ten commandments
c. First twenty amendments
d. The entire constitution Answer - A
4. Which of the following would result if the 5th amendment had never been
passed
a. The right to due process of law would not apply to actions of private
persons
b. Equal protection of law would apply more fully and effectively in tort law
c. The 6th amendment pretty much says the same thing, so there would be no
difference
d. The Federal Government would not have to give a citizen due process of
law Answer - D
5. What is the highest form of property ownership
a. Life estate
b. Fee simple absolute
c. Simple fee
d. Absolute vodka on the day after finals
b. False Answer - B
6. A deed
, a. Transfers an identifiable interest in an item from one person to another
person
b. Refers strictly to the transfer of real estate and is required to be written in
order
c. Is required to be written and applies to real and personal property
d. None of the above Answer - B
7. A designated work area legally means you do not have a right of expecting
privacy. Your employer can visit your computer, internet transactions, and
emails.
a. True
b. false Answer - A
8. Under what doctrine of law can a foreign government take all the property
of an International Corporation
a. Terra firma and condemnation
b. Stealing and burglary
c. Confiscation and expropriation
d. The "I can do whatever I want because it's my country" doctrine Answer - C
9. What is SEC Rule 10b-5?
2025/2026 UPDATE | WITH COMPLETE SOLUTION
The concept of bargaining is that the terms and conditions of employment that
result from negotiations that apply to all employees in a bargaining unit. This
concept is commonly referred to as
a. Collective bargaining
b. Unionization
c. Featherbedding
d. Genius Answer - A
2. Intent, consideration, legal subject matter, ____________, capacity, and offer
are the elements of any contract
a. Coalition
b. Argumentative
c. Acceptance
d. None of the above Answer - C
3. What do the Bill of Rights consist of
a. First ten amendments
,b. First ten commandments
c. First twenty amendments
d. The entire constitution Answer - A
4. Which of the following would result if the 5th amendment had never been
passed
a. The right to due process of law would not apply to actions of private
persons
b. Equal protection of law would apply more fully and effectively in tort law
c. The 6th amendment pretty much says the same thing, so there would be no
difference
d. The Federal Government would not have to give a citizen due process of
law Answer - D
5. What is the highest form of property ownership
a. Life estate
b. Fee simple absolute
c. Simple fee
d. Absolute vodka on the day after finals
b. False Answer - B
6. A deed
, a. Transfers an identifiable interest in an item from one person to another
person
b. Refers strictly to the transfer of real estate and is required to be written in
order
c. Is required to be written and applies to real and personal property
d. None of the above Answer - B
7. A designated work area legally means you do not have a right of expecting
privacy. Your employer can visit your computer, internet transactions, and
emails.
a. True
b. false Answer - A
8. Under what doctrine of law can a foreign government take all the property
of an International Corporation
a. Terra firma and condemnation
b. Stealing and burglary
c. Confiscation and expropriation
d. The "I can do whatever I want because it's my country" doctrine Answer - C
9. What is SEC Rule 10b-5?
