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Question 38 Under the UCC, firm offers can be made....




Question;Question 38;Under the UCC, firm offers can be made;Orally or in writing by merchants.;Orally or in writing by merchants, but only in;writing by nonmerchants.;In writing by either merchants or nonmerchants.;In writing by merchants.;0.5 points;Question 39;Which of the following is the most accurate;statement?;A sole proprietorship is a separate legal entity;for U.S. tax purposes and thus the entity must file its own tax return.;A franchise is an association of members;comparable to a partnership organized to provide an information sharing;exchange among the members about economic issues.;Franchisors that firmly set and fix the prices;at which the franchisees can resell products or perform services may violate;antitrust laws.;A franchisor can always establish an;additional franchisee in a territory allotted to a franchisee if the franchisee;agreement is silent as to exclusivity of the territory.;0.5 points;Question 40;The sales provisions of Article 2 of the UCC;apply to;Neither merchants nor nonmerchants.;Nonmerchants, but not to merchants.;Merchants, but not nonmerchants.;Both;merchants and nonmerchants.;Question 30;The major disadvantage of a sole proprietorship;is;The difficulty and cost of formation.;The unlimited liability for the;business's debts.;The sharing of management authority with others.;The difficulty in transferring ownership to;others.;0.5 points;Question 31;Common law consists of;Laws which all nations have in common.;Laws which affect everyone, including ordinary;persons.;Rulings and opinions which have been;issued by judges when deciding previous cases.;Laws which more people are aware of.;Question 11;A contract that one party may avoid without;being in breach is;Void;Valid;Voidable;Executory;0.5 points;Question 12;Under the UCC, between merchants, if a purported;acceptance contains additional terms, there is an acceptance, and;The additional terms are not part of the;contract.;The additional terms are part of the contract.;The;additional terms do not become part of the contract if they materially alter;the contract.;There is no contract.;0.5 points;Question 13;Which of the following is FALSE regarding;lawsuits pursuant to Title VII of the Civil Rights Act?;a.;An employer can be liable for discrimination;pursuant to Title VII based on the "disparate impact" theory even if;there is no evidence of intentional discrimination.;b.;Language discrimination based on an;English-only policy can be grounds for a national origin discrimination lawsuit;if the employer does not have a legitimate business reason for requiring its;employees to speak English.;c.;Discriminating against applicants for employment;based on their appearance because they are not sufficiently attractive, pretty;or handsome is as a general rule a Title VII violation since the non-attractive;are discriminated against.;d.;Sexual stereotyping of women based on;stereotypical notions of appropriate female behavior by male managers is a;violation of Title VII.


Paper#51843 | Written in 18-Jul-2015

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