QUESTION Which type of law covers warranties and negotiable instruments? A) commercial law B) contract law C) bankruptcy law D) tort law E) consumer protection law ANSWER Answer: A Explanation: A) Commercial law covers laws affecting sales transactions, under which warranties and negotiable instruments are covered.
Date: September 3rd, 2020
QUESTION Which of the following products is NOT covered under the food and drugs category of consumer-protection laws? A) lipstick B) shaving cream C) eyeglasses D) hearing aids E) apparel ANSWER Answer: E Explanation: E) The food and drugs category of consumer-protection laws covers food, cosmetics, and medical devices. Apparel is covered under the […]
Date: September 3rd, 2020
QUESTION Which of the following is NOT a category of consumer-protection law? A) food and drugs B) manufacturing C) labeling and packaging D) consumer product safety E) pricing and credit ANSWER Answer: B Explanation: B) There are four categories of consumer-protection laws: food and drugs, labeling and packaging, consumer product safety, and pricing and […]
Date: September 3rd, 2020
QUESTION SnowDonuts, a maker of snow tubes, owes many thousands of dollars to suppliers of the plastic from which the tubes are made. The suppliers have asked the courts to force SnowDonuts to repay. But SnowDonuts just got its three biggest orders ever. What would the courts likely do? A) have SnowDonuts file voluntary Chapter […]
Date: September 3rd, 2020
QUESTION Brenda had health insurance that paid 80 percent of hospitalizations and other costs. Brenda was sick with cancer for two years, requiring that she have two surgeries, chemotherapy, and radiation therapy. Brenda was unable to work for a good part of that time, but in 2011 she was healthy and returned to work as […]
Date: September 3rd, 2020
QUESTION Which of the following is NOT one of the six conditions that make a contract legally enforceable? A) offer B) agreement C) consent D) consideration E) legality ANSWER Answer: A Explanation: A) The two of the six conditions that make a contract legally enforceable and that are missing from the list are capacity […]
Date: September 3rd, 2020
QUESTION Sinead had a tree on her property that blocked Marlon’s view of the meadow across the street from his house. Marlon got more and more annoyed by the tree’s presence until the day he cut down the tree when Sinead was at work. Sinead is able to sue Marlon for intentional tort. Indicate whether […]
Date: September 3rd, 2020
QUESTION Which of the following is NOT one of the eight types of business law? A) contract law B) consumer-protection law C) environmental law D) bankruptcy law E) property law ANSWER Answer: C Explanation: C) Environmental law is not one of the eight types of business law.
Date: September 3rd, 2020
QUESTION Implied warranties include the premise that the product or service should deliver the promises advertised. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: Implied warranties include the premise that the product or service should deliver the promises advertised. They also include the premise that the product or service should […]
Date: September 3rd, 2020
QUESTION For cases that are not solved in lower courts but keep getting passed up through the court system, what is the order of the type of court each case goes through? A) supreme courts, appellate courts, trial courts B) appellate courts, trial courts, supreme courts C) appellate courts, supreme courts, trial courts D) trial […]
Date: September 3rd, 2020
