United States Constitution and Points Question

Topics: United States Constitution, Supreme Court of the United States, U.S. state Pages: 92 (12131 words) Published: July 31, 2013
http://quizlet.com/15035841/test-1-bl-flash-cards/
http://www-rohan.sdsu.edu/faculty/dunnweb/rprnts.friedman.dunn.pdf

Question 1

1.
In his article “Is business bluffing ethical?,” Albert Carr makes a distinction between an “unethical” poker player and a “crook.” Answer
True
False
1 points  
Question 2

1.
According to Milton Friedman, all of the following are reasons not to use corporate funds to serve social causes EXCEPT: Answer
| | It’s a form of taxation without representation|
| | It’s shortsighted and doesn’t consider the long-term impacts of such spending| | | It undermines the market system|
| | It avoids the coercion of non-voluntary parties|
1 points  
Question 3

1.
The taxing and spending clause of the U.S. Constitution has had a greater impact on business than any other clause in the Constitution. Answer
True
False
1 points  
Question 4

1.
A law that has any impact on religion is unconstitutional.
Answer
True
False
1 points  
Question 5

1.
The Financial Institutions Association would like a certain law enacted, administered, interpreted, and enforced in the best interest of its members, which include banks. Under the Constitution, Congress Answer

| | administers the laws.|
| | enforces the laws.|
| | interprets the laws.|
| | makes the laws.|
1 points  
Question 6

1.
The state of New York regulates private activities to protect or promote the public order, health, safety, and general welfare under its Answer
| | police powers.|
| | taxing powers.|
| | spending powers.|
| | supremacy powers.|
1 points  
Question 7

1.
Reusable Energy Corporation regularly expresses opinions on political issues. Under the First Amendment, corporate political speech is Answer
| | discouraged.|
| | forbidden.|
| | protected.|
| | required.|
1 points  
Question 8

1.
There is a specific guarantee of a right to privacy in the Constitution. Answer
True
False
1 points  
Question 9

1.
The establishment clause of the U.S. Constitution prohibits the federal government from promoting a religion. Answer
True
False
1 points  
Question 10

1.
Len, a citizen of Maryland, obtains a federal license to operate a commercial fishing boat in Chesapeake Bay. The Maryland state legislature enacts a law that bans all commercial fishing in the bay. The state law most likely violates Answer

| | no provision in the U.S. Constitution.|
| | the commerce clause.|
| | the due process clause.|
| | the supremacy clause.|
1 points  
Question 11

1.
Fact Pattern 3-1AOrganico Café, Inc., and Pleasant Valley Farm Corporation dispute a term in their contract. Refer to Fact Pattern 3-1A. The least expensive method to resolve the dispute between Organico and Pleasant Valley may be Answer

| | arbitration because the case will be heard by a mini-jury.| | | litigation because each party will pay its own legal fees.| | | mediation because the dispute will be resolved by a non-expert.| | | negotiation because no third parties are needed.|

1 points  
Question 12

1.
Chelsea and Dion agree to arbitrate their dispute over the terms for, and the performance of, a delivery of eggs. The arbitrator's decision is called Answer
| | a conclusion of law.|
| | a finding of fact.|
| | an award.|
| | a verdict.|
1 points  
Question 13

1.
Salon Products, Inc., and Trim n' Clip Stylists agree in writing to submit their dispute to arbitration. The Federal Arbitration Act Answer
| | dictates the terms of the agreement.|
| | provides the means for enforcing the agreement.|
| | sets out the proper subject matter of the agreement.| | | voids the agreement as a violation of public policy.| 1 points  
Question 14

1.
Faraway Sales Corporation, a U.S. firm, and Globe Transport, a Dutch firm, enter into...
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