Scribd Logo
Upload

Welcome to Scribd!

  • Memphis Acct 3130 m50 - Acct 3130 m50 Fall 2015 Online Final Exam 2015 (Perfect Answer) 51 Questions

    Uploaded by

    teacher.theacestud
    776 views5 pages
    MEMPHIS ACCT 3130 M50/ACCT 3130 M50 FALL 2015 ONLINE FINAL EXAM 2015 (PERFECT ANSWER) 51 QUESTIONS MEMPHIS ACCT 3130 M50/ACCT 3130 M50 FALL 2015 ONLINE FINAL EXAM 2015 (PERFECT ANSWER) 51 QUESTIONS 1. Reference: “Divorce fallout.” Dr. Fred, following a messy divorce, has encountered significant financial difficulties. Dr. Fred has a friend named Slick Slim who tells Dr. Fred that he has been making lots of money by selling people a wristband that allegedly places pressure on a nerve that signals hunger resulting in a lack of appetite. Slick Slim tells Dr. Fred that, although the device does not really work, people who want to lose weight and look good in their bathing suits will do anything and that it sells like hotcakes. Slick Slim tells Dr. Fred that he will pay Dr. Fred five dollars for every band that Dr. Fred can sell to his patients. Dr. Fred proceeds to mail letters to patients suggesting the use of the band for weight loss. He also uses UPS to mail samples of the band to some patients along with letters encouraging purchase of the bands. Dr. Fred then proceeds to bill Medicare for office consultations he has with patients when they come in to purchase the bands. The scheme is wildly successful. Dr. Fred is able to entirely satisfy his alimony obligations within just a few months. Unfortunately, as patients begin to see that they are not having any weight loss, he has been receiving numerous complaints, and a friend of his told him that he could even be facing some criminal prosecution. By which of the following acts, if any, did Dr. Fred commit healthcare fraud? By the receipt of kickbacks from Slick Slim only. Dr. Fred did not commit any acts of healthcare fraud. By the submission of false claims to Medicare only. By submitting false claims to Medicare, by receiving kickbacks from Slick Slim, and also by merely discussing the matter with Slick Slim. By the submission of false claims to Medicare and also by the receipt of kickbacks from Slick Slim. 2. Which of the following is the misappropriation of trust funds or money held in a fiduciary capacity? Pretexting Ponzi scheme False pretenses False entries Defalcation 3. Billy knows that he can bring his case against Bob in a state court in Tennessee. He is unsure, however, of which county in which to proceed. Which of the following address the proper county? Diversity jurisdiction In personam jurisdiction Venue Subject-matter jurisdiction Long-arm jurisdiction 4. Reference: “Employment law.” Clare, who has a successful pet grooming business, is planning to expand her operations from the U.S. into Canada and perhaps Mexico. A friend of hers, Bill, told her that she should carefully investigate the laws in those countries before she proceeded. Clare responded, however, that she was not concerned because by international treaty, and under NAFTA, so long as she is a U.S. citizen, she only has to obey U.S. laws. Laws of other countries would not apply to her business operations. Clare also replied that any other country would have the same strict employment-at-will standard as exists in the U.S. She tells him the employment-at-will standard is very strict and has not changed over the years, and that the nature of the relationship between employer and employee has remained unchanged. What concept is Clare referencing when she mentions employment-at-will? The requirement that employers allow employees to take breaks at will after six hours of work. The right of the employer or the employee to terminate the employment relationship at any time. The requirement that employers provide safe working conditions. The requirement that an employee give notice before quitting. The requirement that an employer have good cause before discharging an employee. 5. Reference: “Junk food.” Mary Dogood, a member of the school board in ABC County, is appalled at the amount of junk food in the schools. She convinces the state legislature to pass an ordinance that no

    Original Title

    Memphis Acct 3130 m50_acct 3130 m50 Fall 2015 Online Final Exam 2015 (Perfect Answer) 51 Questions

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    MEMPHIS ACCT 3130 M50/ACCT 3130 M50 FALL 2015 ONLINE FINAL EXAM 2015 (PERFECT ANSWER) 51 QUESTIONS MEMPHIS ACCT 3130 M50/ACCT 3130 M50 FALL 2015 ONLINE FINAL EXAM 2015 (PERFECT ANSWER) 51 QUESTIONS 1. Reference: “Divorce fallout.” Dr. Fred, following a messy divorce, has encountered significant financial difficulties. Dr. Fred has a friend named Slick Slim who tells Dr. Fred that he has been making lots of money by selling people a wristband that allegedly places pressure on a nerve that signals hunger resulting in a lack of appetite. Slick Slim tells Dr. Fred that, although the device does not really work, people who want to lose weight and look good in their bathing suits will do anything and that it sells like hotcakes. Slick Slim tells Dr. Fred that he will pay Dr. Fred five dollars for every band that Dr. Fred can sell to his patients. Dr. Fred proceeds to mail letters to patients suggesting the use of the band for weight loss. He also uses UPS to mail samples of the band to some patients along with letters encouraging purchase of the bands. Dr. Fred then proceeds to bill Medicare for office consultations he has with patients when they come in to purchase the bands. The scheme is wildly successful. Dr. Fred is able to entirely satisfy his alimony obligations within just a few months. Unfortunately, as patients begin to see that they are not having any weight loss, he has been receiving numerous complaints, and a friend of his told him that he could even be facing some criminal prosecution. By which of the following acts, if any, did Dr. Fred commit healthcare fraud? By the receipt of kickbacks from Slick Slim only. Dr. Fred did not commit any acts of healthcare fraud. By the submission of false claims to Medicare only. By submitting false claims to Medicare, by receiving kickbacks from Slick Slim, and also by merely discussing the matter with Slick Slim. By the submission of false claims to Medicare and also by the receipt of kickbacks from Slick Slim. 2. Which of the following is the misappropriation of trust funds or money held in a fiduciary capacity? Pretexting Ponzi scheme False pretenses False entries Defalcation 3. Billy knows that he can bring his case against Bob in a state court in Tennessee. He is unsure, however, of which county in which to proceed. Which of the following address the proper county? Diversity jurisdiction In personam jurisdiction Venue Subject-matter jurisdiction Long-arm jurisdiction 4. Reference: “Employment law.” Clare, who has a successful pet grooming business, is planning to expand her operations from the U.S. into Canada and perhaps Mexico. A friend of hers, Bill, told her that she should carefully investigate the laws in those countries before she proceeded. Clare responded, however, that she was not concerned because by international treaty, and under NAFTA, so long as she is a U.S. citizen, she only has to obey U.S. laws. Laws of other countries would not apply to her business operations. Clare also replied that any other country would have the same strict employment-at-will standard as exists in the U.S. She tells him the employment-at-will standard is very strict and has not changed over the years, and that the nature of the relationship between employer and employee has remained unchanged. What concept is Clare referencing when she mentions employment-at-will? The requirement that employers allow employees to take breaks at will after six hours of work. The right of the employer or the employee to terminate the employment relationship at any time. The requirement that employers provide safe working conditions. The requirement that an employee give notice before quitting. The requirement that an employer have good cause before discharging an employee. 5. Reference: “Junk food.” Mary Dogood, a member of the school board in ABC County, is appalled at the amount of junk food in the schools. She convinces the state legislature to pass an ordinance that no

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    776 views5 pages

    Memphis Acct 3130 m50 - Acct 3130 m50 Fall 2015 Online Final Exam 2015 (Perfect Answer) 51 Questions

    Uploaded by

    teacher.theacestud
    MEMPHIS ACCT 3130 M50/ACCT 3130 M50 FALL 2015 ONLINE FINAL EXAM 2015 (PERFECT ANSWER) 51 QUESTIONS MEMPHIS ACCT 3130 M50/ACCT 3130 M50 FALL 2015 ONLINE FINAL EXAM 2015 (PERFECT ANSWER) 51 QUESTIONS 1. Reference: “Divorce fallout.” Dr. Fred, following a messy divorce, has encountered significant financial difficulties. Dr. Fred has a friend named Slick Slim who tells Dr. Fred that he has been making lots of money by selling people a wristband that allegedly places pressure on a nerve that signals hunger resulting in a lack of appetite. Slick Slim tells Dr. Fred that, although the device does not really work, people who want to lose weight and look good in their bathing suits will do anything and that it sells like hotcakes. Slick Slim tells Dr. Fred that he will pay Dr. Fred five dollars for every band that Dr. Fred can sell to his patients. Dr. Fred proceeds to mail letters to patients suggesting the use of the band for weight loss. He also uses UPS to mail samples of the band to some patients along with letters encouraging purchase of the bands. Dr. Fred then proceeds to bill Medicare for office consultations he has with patients when they come in to purchase the bands. The scheme is wildly successful. Dr. Fred is able to entirely satisfy his alimony obligations within just a few months. Unfortunately, as patients begin to see that they are not having any weight loss, he has been receiving numerous complaints, and a friend of his told him that he could even be facing some criminal prosecution. By which of the following acts, if any, did Dr. Fred commit healthcare fraud? By the receipt of kickbacks from Slick Slim only. Dr. Fred did not commit any acts of healthcare fraud. By the submission of false claims to Medicare only. By submitting false claims to Medicare, by receiving kickbacks from Slick Slim, and also by merely discussing the matter with Slick Slim. By the submission of false claims to Medicare and also by the receipt of kickbacks from Slick Slim. 2. Which of the following is the misappropriation of trust funds or money held in a fiduciary capacity? Pretexting Ponzi scheme False pretenses False entries Defalcation 3. Billy knows that he can bring his case against Bob in a state court in Tennessee. He is unsure, however, of which county in which to proceed. Which of the following address the proper county? Diversity jurisdiction In personam jurisdiction Venue Subject-matter jurisdiction Long-arm jurisdiction 4. Reference: “Employment law.” Clare, who has a successful pet grooming business, is planning to expand her operations from the U.S. into Canada and perhaps Mexico. A friend of hers, Bill, told her that she should carefully investigate the laws in those countries before she proceeded. Clare responded, however, that she was not concerned because by international treaty, and under NAFTA, so long as she is a U.S. citizen, she only has to obey U.S. laws. Laws of other countries would not apply to her business operations. Clare also replied that any other country would have the same strict employment-at-will standard as exists in the U.S. She tells him the employment-at-will standard is very strict and has not changed over the years, and that the nature of the relationship between employer and employee has remained unchanged. What concept is Clare referencing when she mentions employment-at-will? The requirement that employers allow employees to take breaks at will after six hours of work. The right of the employer or the employee to terminate the employment relationship at any time. The requirement that employers provide safe working conditions. The requirement that an employee give notice before quitting. The requirement that an employer have good cause before discharging an employee. 5. Reference: “Junk food.” Mary Dogood, a member of the school board in ABC County, is appalled at the amount of junk food in the schools. She convinces the state legislature to pass an ordinance that no

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    10/13/2015

    TheAceStudent:MEMPHISACCT3130M50/ACCT3130M50FALL2015ONLINEFINALEXAM2015(PERFECTANSWER)51QUESTIONS

    MEMPHISACCT3130M50/ACCT3130M50FALL2015
    ONLINEFINALEXAM2015(PERFECTANSWER)51
    QUESTIONS
    MEMPHISACCT3130M50/ACCT3130M50FALL2015ONLINEFINALEXAM2015(PERFECT
    ANSWER)51QUESTIONS

    1.Reference:Divorcefallout.Dr.Fred,followingamessydivorce,hasencounteredsignificant
    financialdifficulties.Dr.FredhasafriendnamedSlickSlimwhotellsDr.Fredthathehasbeen
    makinglotsofmoneybysellingpeopleawristbandthatallegedlyplacespressureonanervethat
    signalshungerresultinginalackofappetite.SlickSlimtellsDr.Fredthat,althoughthedevicedoes
    notreallywork,peoplewhowanttoloseweightandlookgoodintheirbathingsuitswilldoanything
    andthatitsellslikehotcakes.SlickSlimtellsDr.FredthathewillpayDr.Fredfivedollarsforevery
    bandthatDr.Fredcanselltohispatients.Dr.Fredproceedstomailletterstopatientssuggesting
    theuseofthebandforweightloss.HealsousesUPStomailsamplesofthebandtosome
    patientsalongwithlettersencouragingpurchaseofthebands.Dr.Fredthenproceedstobill
    Medicareforofficeconsultationshehaswithpatientswhentheycomeintopurchasethebands.
    Theschemeiswildlysuccessful.Dr.Fredisabletoentirelysatisfyhisalimonyobligationswithin
    justafewmonths.Unfortunately,aspatientsbegintoseethattheyarenothavinganyweightloss,
    hehasbeenreceivingnumerouscomplaints,andafriendofhistoldhimthathecouldevenbe
    facingsomecriminalprosecution.Bywhichofthefollowingacts,ifany,didDr.Fredcommit
    healthcarefraud?
    BythereceiptofkickbacksfromSlickSlimonly.
    Dr.Freddidnotcommitanyactsofhealthcarefraud.
    BythesubmissionoffalseclaimstoMedicareonly.
    BysubmittingfalseclaimstoMedicare,byreceivingkickbacksfromSlickSlim,andalsobymerely
    discussingthematterwithSlickSlim.
    BythesubmissionoffalseclaimstoMedicareandalsobythereceiptofkickbacksfromSlickSlim.
    2.Whichofthefollowingisthemisappropriationoftrustfundsormoneyheldinafiduciary
    capacity?
    Pretexting
    Ponzischeme
    Falsepretenses
    Falseentries
    Defalcation
    3.BillyknowsthathecanbringhiscaseagainstBobinastatecourtinTennessee.Heisunsure,
    however,ofwhichcountyinwhichtoproceed.Whichofthefollowingaddressthepropercounty?
    Diversityjurisdiction
    Inpersonamjurisdiction
    Venue
    Subjectmatterjurisdiction
    Longarmjurisdiction
    4.Reference:Employmentlaw.Clare,whohasasuccessfulpetgroomingbusiness,isplanningto
    expandheroperationsfromtheU.S.intoCanadaandperhapsMexico.Afriendofhers,Bill,toldher
    thatsheshouldcarefullyinvestigatethelawsinthosecountriesbeforesheproceeded.Clare
    responded,however,thatshewasnotconcernedbecausebyinternationaltreaty,andunder
    NAFTA,solongassheisaU.S.citizen,sheonlyhastoobeyU.S.laws.Lawsofothercountries
    wouldnotapplytoherbusinessoperations.Clarealsorepliedthatanyothercountrywouldhavethe
    samestrictemploymentatwillstandardasexistsintheU.S.Shetellshimtheemploymentatwill
    standardisverystrictandhasnotchangedovertheyears,andthatthenatureoftherelationship
    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px

    1/5

    10/13/2015

    TheAceStudent:MEMPHISACCT3130M50/ACCT3130M50FALL2015ONLINEFINALEXAM2015(PERFECTANSWER)51QUESTIONS

    betweenemployerandemployeehasremainedunchanged.WhatconceptisClarereferencingwhen
    shementionsemploymentatwill?
    Therequirementthatemployersallowemployeestotakebreaksatwillaftersixhoursofwork.
    Therightoftheemployerortheemployeetoterminatetheemploymentrelationshipatanytime.
    Therequirementthatemployersprovidesafeworkingconditions.
    Therequirementthatanemployeegivenoticebeforequitting.
    Therequirementthatanemployerhavegoodcausebeforedischarginganemployee.
    5.Reference:Junkfood.MaryDogood,amemberoftheschoolboardinABCCounty,isappalled
    attheamountofjunkfoodintheschools.Sheconvincesthestatelegislaturetopassanordinance
    thatnostoresmaysellanyunhealthy,junkfoodwithin500feetofanyschoolordaycarecenter.A
    teacherofpoliticalscienceraisestheissueofwhethertheregulationisvalidandistoldthatitisa
    validexerciseofthejurisdictionspolicepowertoprotectitscitizens.Conveniencestoresbalkat
    theregulationandchallengeitincourt.Whatdocourtsgenerallypresumeregardinglawspassedin
    accordancewithstatespolicepower?
    Thereisnopresumption.
    Thelawisvalid.
    Thelawisinvalid.
    Thelawisvalidunlessitinvolvesthecommerceclause.
    ThelawisvalidunlessitinvolvesaFirstAmendmentright.
    6.Edgoesdoortodoorsellingmagazinesubscriptions.Edknows,however,thatheissimply
    takingmoneyforsubscriptionsandhasabsolutelynointentionofeverarrangingfortheprovisionof
    magazines.Whichofthefollowingoffenses,ifany,hashecommitted?
    Falsetoken
    Falseentry
    Ponzischeme
    Falsepretenses
    Defalcation
    7.Whichofthefollowingisaninternationalagreement?
    Awrittenagreementmadebetweenstatesgovernedbyinternationallawandrelatingtointernational
    subjectmatter.
    Ageneralandconsistentpracticebystatesregardlessofwhetherthepracticeisacceptedaslaw.
    Ageneralandconsistentpracticebystatesthatisacceptedaslaw.
    Anagreementthatisonlybetweentwostates,notthreeormorerelatingtoaninternationalsubject
    matter.
    Anagreementthatismadebetweenatleastthreestatesregardinganinternationalsubjectmatter.
    8.Ifacontractdoesnotprovideforarbitration,partiesmaysubmitaspecificdisputeinvolvinga
    contractualprovisiontoarbitrationthroughtheuseofa______.
    SuggestedADRresolutionclause
    Submissionagreement
    Bindingarbitrationclause
    Thepartiesmaynotsubmitaspecificdisputetoarbitrationifthecontractdoesnotprovidefor
    arbitration.
    Bindingmediatoryclause
    9.Overwhichofthefollowingdoesthefederalcourtsystemhaveexclusivejurisdiction?
    Admiraltycasesonly
    Copyrightcasesonly
    Noneoftheabove
    Admiralty,bankruptcy,andcopyrightcases
    Bankruptcycasesonly
    10.Reference:EnvironmentalConcerns.Connie,thepresidentofacompanythatmakespaper,
    hasanewinterestintheenvironment.Sherecentlywenttoaseminaronenvironmentaldangers
    andhasdecidedtotakestepstocleanthingsup.Shestartedathomeandhasnowfeltcompelled
    tochangethingsatwork.Conniehadtofacethefactthathercompanyhasbeencheatingandis
    notincompliancewithapplicableenvironmentalregulationsduetodumpinginthenearbyriver.Her
    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px

    2/5

    10/13/2015

    TheAceStudent:MEMPHISACCT3130M50/ACCT3130M50FALL2015ONLINEFINALEXAM2015(PERFECTANSWER)51QUESTIONS

    companyhasneverbeencitedbecauseitemploysaverylargenumberofpeopleinthecommunity,
    includingthemayorswifeandthechiefofpolicesbrother.Onhermissiontocleanthingsup,
    Conniehasdecidedtogoevenfurtherthanthelawrequiresandinstalltheverylatestenvironmental
    protections.Whensheannouncedherplan,thechairofthecompanysboardofdirectors,Brooke,
    hadameetingwithConnie.BrooketoldConnietoanalyzethesituationcarefullybecausethecost
    oftheadditionalequipmentwouldmeannodividendtoshareholdersandnoraiseforemployees.
    Furthermore,BrooketoldConniethatinstallingallthenewequipmentwouldresultinhigherprices
    forthecompanyspaperproduceandcouldbankruptthecompanybecauseofforeigncompetition.
    BrookehintedthatConniecouldbefiredifshepersisted.BrookesuggestedthatConniejustbe
    concernedwithaminimalstandardofethics.
    Whichofthefollowingistheminimalstandardthatabusinessmustmeetinaconsiderationof
    businessethicssuggestedbyBrooke?
    Decisionsmustmeetthecriteriaofafollowerofdeontology.
    Decisionsmustbelegalanddecisionsmustreceiveamajorityvoteofacceptancebyemployees.
    Decisionsmustbelegal.
    Decisionsmustmeetthecriteriaofafollowerofutilitarianism.
    Decisionsmustreceiveamajorityvoteofacceptancebyemployees.
    11.WhichofthefollowingisatypeofADR?
    Mediation
    Consultation
    Caseargument
    Focusgrouping
    Caseanalysis
    12.Assumeabusinesspersonwhoownsacomputerequipmentstoreisdelinquentinpayingrentto
    thelandlord.Theresultingdisputefocuseson______law.
    Private
    Preferential
    Consensual
    Public
    Blackletter
    13.Whenmaygovernmentagentssearchwithoutasearchwarrant?
    Alloftheabove.
    Whentheycanshowthatafelonyisinvolved.
    Whentheycanshowthatthesuspectwholivesintheresidenceatissuehasbeeninjail
    previously.
    Whenlawenforcementofficialsbelieveitlikelythattheitemssoughtwillberemovedbeforethey
    canobtainawarrant.
    Outsideofnormalworkinghoursforajudge.
    14.WhatdothelettersWPHmeaninreferencetotheWPHFrameworkforBusinessEthics
    discussedinthetext?
    Where,Procedure,andHow
    When,Plan,andHow
    Where,Plan,andHope
    Why,Procedure,andHope
    Who,Purpose,andHow
    15.Assumingtherequisiteelementsareproven,whichofthefollowingisadefensewhenitis
    establishedthatacrimeiscommittedbecausethepersoncommittingtheactwasthreatenedwith
    immediatebodilyharmorlossoflifeunlesstheoffensewascommitted?
    Duress.
    Entrapment.
    Necessity.
    Justifiableuseofforce.
    Inescapableaction.
    16.Whichofthefollowingistheforcefulandunlawfultakingofpersonalproperty?
    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px

    3/5

    10/13/2015

    TheAceStudent:MEMPHISACCT3130M50/ACCT3130M50FALL2015ONLINEFINALEXAM2015(PERFECTANSWER)51QUESTIONS

    Larceny
    Criminalfraud
    Burglary
    Arson
    Robbery
    17.Reference:AccountingAdvice.Brad,anewlyhiredCertifiedPublicAccountant,whobarely
    passedhisboards,wasaskedbyabusinessclient,achiefexecutiveofficer,abouttheeffectofthe
    SarbanesOxleyActonanaccountingissue.Bradassuredtheclientthattheclientshouldnotbe
    concernedabouttheActbecauseitisveryvague,unspecific,anddifficulttounderstand.Bradtold
    theCEOthatinanyevent,theCEOcouldnotbeheldpersonallyresponsibleregardlessofwhat
    happenedbecauseonlycompanybusinesswasinvolved.BradalsotoldtheCEOthatthereisno
    oversightinvolvedwiththeact.Laterthatsameday,acoworkerofBraddiscoveredthattheCEO
    hadbeeninvolvedinmisstatingsomefinancialreportsandhadalsodestroyedfinancialdocuments
    tocoverupfraud.Anemployeeatthecompany,Laura,hadinformedthecoworker.Whentheissue
    wasmentionedtotheCEO,heimmediatelyfiredLaura.Whichofthefollowingistrueregardingthe
    ActandLaurasfiring?
    Theactprovidesprotectionforwhistleblowersonlyifitcanbeshownthatasignificantamountof
    money,inexcessof$10,000,wasinvolvedinanymisstatement.
    Theactprovidesprotectionforwhistleblowersonlyifitcanbeshownthatasignificantamountof
    money,inexcessof$5,000,wasinvolvedinanymisstatement.
    TheactdoesnotprovideprotectionforwhistleblowerssuchasLaura.
    Theactprovidesprotectionforwhistleblowerswhoworkforanaccountingfirm,butnotforany
    otheremployees.
    Lauraswhistleblowingwouldbeprotectedundertheact,andherfiringwasillegal.
    18.Theideathatweshouldinteractwithotherpeopleinamannerconsistentwiththemannerin
    whichwewouldlikethemtointeractwithusiscalledthe______.
    EqualizationRule
    TenCommandmentsRule
    SilverRule
    GoldenRule
    EthicalRealizationRule
    19.Whichofthefollowingservestocombatbriberyofforeignofficials?
    TheForeignOfficialBriberyAct
    TheForeignCorruptPracticesAct
    TheInternationalBriberyProhibitionAct
    TheFairBusinessAct
    TheInternationalFairBusinessPracticesAct
    20.Reference:Revenge.Jane,afirstyearlawstudent,whilewalkingtoschoolininclement
    weather,accidentallyslippedoniceknockingdownGreg,anotherfirstyearlawstudent,breaking
    hisglasses.HewasveryangrywithJaneandlettheairoutofoneofhercartires.Gregalso
    decidedtosueJanefornegligenceclaimingasdamages$300forhisbrokenglasses.Hedecided
    thathealreadyknewallaboutthelawanddidnotneedalawyer.GregsuedJaneinstatecourt.
    Jane,inthesamelawsuit,broughtanactionagainstGregforlettingtheairoutofhertire.Atthe
    trialinstatecourt,Janetoldthejudgethatafriend,Susie,toldherthatshesawGreglettheairout
    ofJanestire.ThejudgedisallowedJanestestimonyonthatissue.Susie,however,whowasinthe
    courtroomalsocameandtestifiedtothateffect.ThestatecourtjudgeruledinfavorofJane.Greg
    saidthathewasnotgivingupandthathewouldseekdoubledamagesonappealinfederalcourt.
    JaneandGregliveindifferentstateswhennotattendingschool.Afterthetrial,Janereported
    Gregsactionsoflettingtheairoutofhertiretothepolicewhosaidthattheywouldproceedwitha
    criminalactionagainstGreg.JanesactionagainstGregforthetireiscalleda[n]______.
    Counterclaim
    Discoveryclaim
    Thirdpartyclaim
    Crossclaim
    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px

    4/5

    10/13/2015

    TheAceStudent:MEMPHISACCT3130M50/ACCT3130M50FALL2015ONLINEFINALEXAM2015(PERFECTANSWER)51QUESTIONS

    Serviceclaim
    21.Reference:TheStolenBook.SusanistoldbyBettythatBobstoleherbusinesslawbookout
    ofhercar.ThenextdaySusanconfrontsBobandslapshimforstealingherbook.BobhadSusan
    arrestedforslappinghim.SusansuesBobfordamagestotheamountofthebookandfor
    maliciouslyhavingherarrested.Claimingthatshelied,BobsuesBettyfordefamation.Thelawsuit
    SusanhasagainstBobfordamagesforstealingherbookinvolveswhichofthefollowing?
    Administrativelaw
    Comprehensivelaw
    Privatelaw
    Publiclaw
    Bothpublicandprivatelaw
    22.Accordingtothe______AmendmenttotheConstitution,allpowersthattheConstitutionneither
    givesexclusivelytothefederalgovernmentnortakesfromthestatesarereservedforthestates.
    Second
    Sixth
    First
    Fifth
    Tenth
    23.Reference:Cosmeticprofits.SallyisthevicepresidentatBigNameCosmeticscompany.She
    learnsthatthecompanyissoongoingtopurchaseasmallerchainofstores.Itisexpectedthat
    stockinBigNameCosmeticswillrisedramaticallyatthatpoint.Sallyimmediatelybuysanumber
    ofsharesofhercompanysstock.ShealsotellsherfriendAliceabouttheexpectedpurchaseof
    stores.Alicewantedtopurchasestockinthecompanybutlackedthefundswithwhichtodoso.
    AlthoughshedidnothavethefundsinBankA,AlicedecidedtodrawacheckonBankAand
    depositthecheckinBankBandthenproceedtowriteacheckonBankBtocoverthepurchaseof
    thestock.Shehopedthatshewouldhavesufficientfundstodepositbeforethecheckwas
    presentedforpayment.Ofwhichofthefollowing,ifany,isSallyguiltyofbyprovidinginformationto
    Aliceregardingthepurchase?
    Sheisguiltyofaninsidertradingviolationbybeingtipped.
    Sheisguiltyofcriminalextortion.
    Sheisguiltyofaninsidertradingviolationbytippingtheinformation.
    Sheisguiltyofaninsidertradingviolationbybothtippingandbeingtipped.
    Sheisnotguiltyofanyoffense.
    24.Attrial,adefenselawyerstatesthatevidenceshouldnotbeadmittedbecauseitisfruitofthe
    poisonoustree.Uponwhichofthefollowingistheattorneyrelying?
    TheEveRule.
    Theexclusionaryrule.
    TheEdenRule.
    TheFourthAmendmentRule.
    TheAdamRule.
    25.WhichtypeoflegalsystemexistsinNorthKorea?
    Socialistlegalsystem
    Asianlegalsystem
    Commonlawlegalsystem
    Islamiclegalsystem
    Civillegalsystem

    MEMPHISACCT3130M50/ACCT3130M50FALL2015ONLINEFINALEXAM2015(PERFECT
    ANSWER)51QUESTIONS

    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px

    5/5

    You might also like