QuizTop of FormQuestion 1 (5 points) Which of the following federal laws covers employer wagepayment practices for minimum wage and overtime?Question 1 options: Rehabilitation Act Fair Labor Standards Act Lilly Ledbetter Fair Pay Equal Pay Act Paycheck Fairness Act Question 2 (20 points) Match each law to its description.Question 2 options: Bottom of Form Equal Pay Act Sarbanes-Oxley Act Civil Rights Act of 1964 Federal Trade Commission Act 1. Woman paid same as man for same job 2. Race discrimination prohibited 3. Bans unfair competition 4. Protect shareholders from management fraud
Question3 (5 points) Joe files a lawsuit against Bob. Bob is served with a copyof the complaint. Bob puts the complaint in a drawer and ignores it for sixmonths. Which of the following is the most likely outcome?Question 3 options: Bob will receive an automatic 30-day extension Joe's case is dismissed A bench arrest warrant is issued against Bob A default judgment is entered against Bob Question 4 (5 points) Gary decides to open a marijuana store in Idaho. Althoughseveral states have passed laws that legalize marijuana, Idaho is not one ofthem, After hearing that there is a petition going around the Idaho legislatureto try to get a law passed, Gary contracts with Jimmy to purchase marijuanaplants. Jimmy takes Gary's money but does not deliver the plants. Gary willlikely win a breach of contract claim against Jimmy.Question 4 options: True False Question 5 (20 points) Match each of the following contractprinciples with its descriptive term:Question 5 options: mutuality capacity agreement consideration 1. bargained for exchange 2. of legal age 3. concord of understanding and intent 4. both parties must agree Answer
Question6 (5 points) Jimmy is 16 and enters a contract to purchase a car. The termsof the sale are "as is" and no returns. Jimmy drives the car home andthen decides he does not want to keep the car. He returns it to the seller.Jimmy will be allowed to return the car.Question 6 options: True False Question 7 (20 points) Match each theory to its best descriptionQuestion 7 options: situational ethics virtue ethics deontology utilitarianism 1. maximizing social benefits while minimizing social costs 2. individual is benefited by being truthful and fair to others 3. action must be principled and morally sound 4. moral guidelines should be flexible Answer
Question8 (5 points) The Sarbanes-Oxley Act of 2002 (SOX)requires organizations to establish internal controls. What is internal controland what are some of its objectives?Question 8 options: Internal control can be defined as the systematic procedures—including policies and procedures, methodologies, checks and balances, and reviews—that an organization implements to help it discourage employees from committing errors, fraud, and theft and to ensure that accounting information is accurate and complete. Internal control can be defined as the process that allows the courts to lift, or pierce, the corporate veil if they determine that a company is the alter ego of its owners. This helps discourage employees from committing errors, fraud, and theft and helps ensure that accounting information is accurate and complete. Internal control can be defined as the systematic procedures—including policies and procedures, methodologies, checks and balances, and reviews—that an organization implements to help it circumvent the legal doctrine of alter ego. Internal control can be defined as the process of separating the personality of a corporation from the personalities of its shareholders to help discourage employees from committing errors, fraud, and theft and to ensure that accounting information is accurate and complete. Question 9 (20 points) Match each of the following remediesfor breach of contract with the phrase that fits it best:Question 9 options: rescission reformation specific performance injunction 1. both parties to contract relieved of contract obligations 2. order for breaching party to execute or complete certain duties under the contract 3. contract revised to reflect true intent 4. court orders one or more of the parties to refrain from taking an action under the contract ANSWER
Question10 (5 points) "Within the confines of law and ethics" is animportant qualifier in which ethical frameworkQuestion 10 options: Shareholder Theory Deontology Utilitarianism Kantian Ethics Question 11 (5 points) Hannah and Hugo have entered into acontract, but Hannah is unhappy and is suing Hugo for breach of contract. Sheargues that the contract includes a mistake, and Hugo knew about the mistakebut failed to point it out before they signed the contract. What type of mistakeis Hannah claiming?Question 11 options: Fraudulent Unilateral Mutual Voidable Question 12 (5 points) Agnes works for STARQUEST LTD in theIT department. Her supervisor is Morges. Agnes is very good at her job andMorges fears threatened by her. Over a period of several months he routinelycriticizes her work and withholds information from her that she should have todo her job. Then he sends her emails telling her she has missed deadlines andcommitted other errors. Agnes tries to defend herself but this only angersMorges. The last straw for Agnes was Morges telling her she would be better offat home "taking care of her husband." Agnes complains to HR aboutMorges' conduct.QUESTION: Morges' conduct likelyqualifies as which of the following?Question 12 options: violation of Fair Labor Standards Act violation of Equal Pay Act None of the above; he has not violated any act violation of Civil Rights Act of 1964 as amended Question 13 (5 points) Agnes works for STARQUEST LTD in theIT department. Her supervisor is Morges. Agnes is very good at her job andMorges fears threatened by her. Over a period of several months he routinelycriticizes her work and withholds information from her that she should have todo her job. Then he sends her emails telling her she has missed deadlines andcommitted other errors. Agnes tries to defend herself but this only angersMorges. The last straw for Agnes was Morges telling her she would be better offat home "taking care of her husband." Agnes complains to HR aboutMorges' conduct.QUESTION: STARQUEST LTD could beliable to Agnes for Morges' conduct under which of the following doctrines?Question 13 options: parens patriae fairness doctrine res ipsa loquitur respondeat superior Question 14 (25 points) QUESTION: This question is aboutcorporate social responsibility (CSR). In a well organized essay, provide thefollowing.1. Who are the stakeholders of abusiness?2. Identify and briefly explain thethree components of the triple bottom line framework and why corporatestakeholders are a consideration in this theory. Describe an example of acompany that utilizes this framework.3. Explain what is greenwashing.4. Explain how you would determineif a company is engaged in greenwashing.In answering this question specifically cite your Lesson'sRequired Reading sources appropriate in text of your essay and in full citationreference at the end. (Reminder: Use APA7 ed. format. Failure to cite sourceswill result in no credit for your answer!)
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