Business Law Test
Business Law II Test/Chapters 47-50
Student: ___________________________________________________________________________
1.
Identify the letter of the choice that best completes the statement or answers the question.
The Department of Homeland Security:
A. has been proposed but has never been created.
B. is a non-profit organization.
C. is a Cabinet-level Department.
D. will have little effect on the federal government's organization.
2.
Which of the following is an accurate statement about the Administrative Procedure Act?
A. It sets forth the procedure Congress must follow in order to create a new administrative agency or abolish an existing one.
B It establishes a presumption that administrative agency actions are reviewable by courts only if
. …show more content…
anti-trust law to make it more pro-business
C. a complete failure in curbing monopolistic practices
D. effective against monopolies but not effective against oligopolies
31. Which types of mergers have traditionally been subject to the greatest degree of scrutiny under the
Clayton Act?
A. horizontal mergers
B. vertical mergers
C. conglomerate mergers
D. product-extension mergers
32. A merger that would otherwise be banned under the Clayton Act might be permitted if:
A. one of the merging companies would fail on its own
B. one of the merging companies lacks the technology to compete effectively
C. one of the merging companies has a market share of less than 33%
D. two of the above, a and b
Business Law II Test/Chapters 47-50 Key
1.
Identify the letter of the choice that best completes the statement or answers the question.
The Department of Homeland Security:
A. has been proposed but has never been created.
B. is a non-profit organization.
C. is a Cabinet-level Department.
D. will have little effect on the federal government's organization.
Difficulty: Easy
Mallor - Chapter 47
Student: ___________________________________________________________________________
1.
Identify the letter of the choice that best completes the statement or answers the question.
The Department of Homeland Security:
A. has been proposed but has never been created.
B. is a non-profit organization.
C. is a Cabinet-level Department.
D. will have little effect on the federal government's organization.
2.
Which of the following is an accurate statement about the Administrative Procedure Act?
A. It sets forth the procedure Congress must follow in order to create a new administrative agency or abolish an existing one.
B It establishes a presumption that administrative agency actions are reviewable by courts only if
. …show more content…
anti-trust law to make it more pro-business
C. a complete failure in curbing monopolistic practices
D. effective against monopolies but not effective against oligopolies
31. Which types of mergers have traditionally been subject to the greatest degree of scrutiny under the
Clayton Act?
A. horizontal mergers
B. vertical mergers
C. conglomerate mergers
D. product-extension mergers
32. A merger that would otherwise be banned under the Clayton Act might be permitted if:
A. one of the merging companies would fail on its own
B. one of the merging companies lacks the technology to compete effectively
C. one of the merging companies has a market share of less than 33%
D. two of the above, a and b
Business Law II Test/Chapters 47-50 Key
1.
Identify the letter of the choice that best completes the statement or answers the question.
The Department of Homeland Security:
A. has been proposed but has never been created.
B. is a non-profit organization.
C. is a Cabinet-level Department.
D. will have little effect on the federal government's organization.
Difficulty: Easy
Mallor - Chapter 47