Paper, Order, or Assignment Requirements

QUESTION 5

In a lawsuit, courts will usually interpret a contract to give effect to:

1. the intent of the parties.
2. what the court believes is a fair contract.
3. what the defendant thought the contract meant.
4. what will be best for the economic life of the community.

QUESTION 6

When a contract proves to be a bad bargain:

1. the contract must be rewritten.
2. courts will always imply terms that are necessary to avoid hardship.
3. the injured party is never bound by the terms of the contract.
4. parties are generally still bound by the terms of the contract.

QUESTION 9

The transfer of technology rights in a product to allow another firm in a foreign country to produce a product in return for royalties or other specified payments is called:

1. exporting.
2. licensing.
3. subsidiary sales.
4. agency representation.

 

QUESTION 12

A promise to pay a debt must be in writing if:

1. the debt is now due and payable.
2. the debt owed is the promisor’s.
3. the promise is to pay the debt of another.
4. the debt is for more than $500.

 

QUESTION 15

Describe the rights of employers to monitor the e-mail of employees who are using their employers’ email system.

1. Employers may monitor employees’ e-mails, regardless of whether employees have consented.
2. Employers may monitor employees’ e-mails, but only if notice is given.
3. Employers may monitor employees’ e-mails, but only if the employees have consented.
4. Employers may not monitor employees’ e-mails.

 

QUESTION 17

In order to protect themselves from disclosure of proprietary or confidential information, businesses may:

1. enforce contractual nondisclosure agreements against departing employees.
2. implement security measures to prevent access by outsiders.
3. all of the answer choices are correct.
4. limit disclosure of such information to those with a need to know.

 

QUESTION 19

Which of the following words could be registered as a trademark?

1. Green peas.
2. Low-fat peanut butter.
3. Crunchy peanut butter.
4. yStar peanuts.

 

QUESTION 20

An action for injunctive relief may be granted:

1. if money is due and payable.
2. if the breach would cause consequential damages.
3. if the breach would cause nominal damages.
4. if the breach consists of doing a prohibited act.