Law 531 quiz

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Law 531 quiz

Law 531 quiz

Which of the following powers do administrative agencies typically have? Statute interpretation, law enforcement, and mediation Law enforcement, statute interpretation, and dispute resolution Dispute adjudication, mediation, and rulemaking Rulemaking, statute interpretation, and dispute adjudication 2.

Which of the following is true of the Federal Trade Commission? It is a federal agency created by Congress It is a branch of Law 531 quiz U. Supreme Court It is a temporary commission created by executive order that has become permanent It is a corporation subsidized by the federal government 3.

If a corporate officer or director acts in a manner to make use of an advantage that he or she knows will only benefit himself or herself and deprives the corporation of that advantage, what breach of fiduciary duty has been committed? Duty of care by violation of the business judgment rule Duty of loyalty by self-dealing Duty of obedience by competing with the corporation Duty of loyalty by usurping a corporate opportunity 4.

If a corporate officer in the position of secretary intentionally takes over the powers provided to the treasurer in the corporate documents, what fiduciary duty does that corporate secretary breach?

Duty of care Duty of good faith and fair dealing Duty of obedience Duty of loyalty 5. Under what system of corporate voting by shareholders can a minority shareholder achieve success in electing someone to the board of directors?

Straight voting Cumulative voting Absentee voting Proxy voting 6. InCongress established an administrative agency to enforce statutes enacted to protect the air and water of this country.

What is the name of this agency?

Law 531 quiz

In order to protect wildlife that may be subject to scarcity, which Executive Branch cabinet member designates which species of wildlife may be endangered or threatened? As a result, there have been an increased number of on-site accidents and several construction workers have sustained serious injuries.

Which of the following powers will allow an administrative agency to bring agency proceedings against Tuff-Steele Constructions? Licensing Judicial authority Rulemaking Executive power 9.

Unless otherwise stated in the articles of incorporation, a quorum to hold a meeting of the shareholders is generally defined as which of the following? The number of registered shareholders eligible to vote at a given time A committee of directors selected to vote on a corporation action A majority of shareholders required to be present to vote on a corporate action The number of shareholder votes necessary to pass an action The Sarbanes-Oxley Act is intended to increase the confidence of the public and investors through increasing which of the following?

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Corporate veil Separation of powers Director complacency Corporate governance In order to prevent and clear hazardous wastes that increase mortality or serious illness, the federal government established a specific method to finance the cleaning of polluted areas by enacting what statute?(TCO 2) What is the Law of Demand?

Why does the demand curve slope downwards? Why does the demand curve slope downwards? (TCO 2) Suppose the price of widgets rises from $7 to $9 and consumption of widgets falls from 25 widgets a month to 15 widgets.

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