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LAW 421 Final Exam Answers

www.StudentWhiz.com The first thing that you would want to do is to review all coursework. Here we provide you with the entire course of Law 421 final exam. All in separate weeks. The role rendered by the hearing officer is an extremely minute, but essential concept that should be primarily known to the students. In addition, the LAW 421 Final Exam is beneficial for the students to learn the application of the numerous laws that are framed by the constitution with the help of sufficient practical examples.

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LAW 421 Final Exam Answers

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  1. Law 421 Final exam www.studentwhiz.com Copyright. All Rights Reserved by www.StudentWhiz.com

  2. What’s it all about? • Understanding roles & function of law. • Learning about important authorities. • Cases where law has been changed. • Laws important for business • Laws important to society Copyright. All Rights Reserved by www.StudentWhiz.com

  3. Roles and functions • Improving business and society Important laws Public & Private Laws Criminal & Civil Laws substantive & procedural Laws • Solving situation & misunderstanding • Starting a company • Open door policy Copyright. All Rights Reserved by www.StudentWhiz.com

  4. Free answers for law 421 final exam 1) Which of the following does not result in a decision rendered by the hearing officer? (Chapter 4) A. Arbitration B. Mediation C. Med-arb D. Using expert evaluators 2) Jurisprudence is defined as A. adjudication of law suits B. the enactment of laws by a government body C. the science and philosophy of law D. the duties and obligations owed by a citizen Copyright. All Rights Reserved by www.StudentWhiz.com

  5. Free answers for law 421 final exam 3) The state of Kansas has enacted a new law requiring all commercial trucks driving on Kansas roads to have special mud flaps installed. These mud flaps have been proven to make driving in the rain significantly safer due to reduced mist created by trucks driving in the rain, although data regarding accidents and injuries has not yet been determined. Any truck entering Kansas must have these flaps installed or will be subject to a significant fine and delay. The cost for purchase and installation of these flaps is $1,000 per truck. In short, trucks must have these flaps or go around the state. This Kansas law (Chapter 2) A. is valid because it only applies to Kansas roads and such a law is entirely intrastate B. is valid because Kansas's right to protect its citizens under its police powers will override any outside challenges to this law C. is invalid because this law is intended to regulate interstate commerce, an enumerated federal power D. is invalid because although on its face it's an intrastate law, this statute will have a significant economic effect on interstate commerce causing an undue burden Copyright. All Rights Reserved by www.StudentWhiz.com

  6. Free answers for law 421 final exam 4) The power of preemption is derived from A. the power of judicial review B. the Commerce Clause C. the Necessary and Proper Clause D. the Supremacy Clause 5) What is the main problem with international courts? (Chapter 25) A. Finding judges who understand the complexities of international law B. Creating a body of law that reflects multiple legal systems C. Enforcing a ruling on sovereign nations is difficult D. Lack of recognition from the U.N. and WTO Copyright. All Rights Reserved by www.StudentWhiz.com

  7. Free answers for law 421 final exam 6) Under the U.S. legal system, subject to some exceptions, costs of litigation regarding both the plaintiff and defendant (Chapter 1) A. are all paid by the loser B. are all paid by the winner C. are paid for by each side with the plaintiff and defendant paying for their own legal costs D. are totaled by the court and then for fairness, split in half with each side paying an equal amount Copyright. All Rights Reserved by www.StudentWhiz.com

  8. Free answers for law 421 final exam 7) Assumption of risk is a defense to A. conversion B. negligence C. defamation D. battery 8) The three stripes on Adidas clothing represents a A. trademark B. trade dress C. trade secret D. patent Copyright. All Rights Reserved by www.StudentWhiz.com

  9. Free answers for law 421 final exam 9) Generally, torts law is governed by (Chapter 9) A. state statutory law B. state common law C. federal statutory law D. constitutional law Copyright. All Rights Reserved by www.StudentWhiz.com

  10. Free answers for law 421 final exam 10) The color or shape of an item, if distinctive, is a (Chapter 24) A. trademark B. trade dress C. copyright D. patent Copyright. All Rights Reserved by www.StudentWhiz.com

  11. Free answers for law 421 final exam 11) The Digital Millennium Copyright Act (1998) provided each of the following protections EXCEPT (Chapter 24) A. manufacturers of CD-Writers were required to pay 2% of their sales into a fund to be distributed to copyright holders because the CD-Writers could easily copy music and other copyrighted works B. civil and criminal penalties were established for those who sell or manufacture products or services that circumvent antipiracy software C. restrictions were placed on analog recorders and camcorders that lack antipiracy features D. ISPs were relieved of liability for copyright infringement by their users as long as the ISP had no knowledge of the infringement Copyright. All Rights Reserved by www.StudentWhiz.com

  12. Free answers for law 421 final exam 12) Cyber squatting describes the practice of A. registering multiple domain names and then selling them back to companies at inflated prices B. hacking into a company's website to install a virus or Trojan horse designed to steal information but allow the site to continue operation C. using mechanical devises to access a company's website multiple times to the point that traffic to the site is slowed or blocked D. hacking into a company's website to install a virus designed to cause the company's website to totally cease operation Copyright. All Rights Reserved by www.StudentWhiz.com

  13. Free answers for law 421 final exam 13) Where a promise can only be accepted by the performance of the person to whom it is offered is an example of a/an (Chapter 6) A. bilateral contract B. unilateral contract C. implied contract D. quasi contract 14) Each of the following is a discharge by mutual consent EXCEPT (Chapter 7) A. accord and satisfaction B. novation C. rescission D. frustration of purpose Copyright. All Rights Reserved by www.StudentWhiz.com

  14. Free answers for law 421 final exam 15) When Maria comes home from work, she finds that her yard has been mowed and trimmed. An hour later, a man comes to her door to collect payment for the yard work. Maria refuses to pay him because she has never seen him before nor had she hired him to do the work. Which of the following is accurate? (Chapter 6) A. This is an implied, unilateral contract, so she must pay. B. Maria has received unjust enrichment so a quasi contract is formed, so she must pay. C. The court would make Maria pay the reasonable cost of the work to be fair to both parties. D. Maria would not have to pay anything. Copyright. All Rights Reserved by www.StudentWhiz.com

  15. Free answers for law 421 final exam 16) Harry sees an AK-47 automatic assault rifle in a gun shop window. He inquires about the price and is told that it is $2,500. Harry signs a contract promising to pay the $2,500 on Friday, taking possession of the rifle when payment is made. On Thursday, a law is enacted making the ownership, sale, or possession of an automatic rifle illegal. This contract (Chapter 7) A. automatically terminates due to impossibility B. automatically terminates due to impracticability C. automatically terminates due to frustration of purpose D. is enforceable and not affected by the new law because it was entered into before the law took effect Copyright. All Rights Reserved by www.StudentWhiz.com

  16. Free answers for law 421 final exam 17) Which of the following is classified as an equitable remedy? (Chapter 7) A. Consequential damages B. Reformation C. Restitution D. Liquidated damages 18) Which of the following would not be considered tangible? (Chapter 8) A. A car B. Oxygen C. The right of ownership D. The pen or pencil you are using Copyright. All Rights Reserved by www.StudentWhiz.com

  17. Free answers for law 421 final exam 19) Which of the following is rarely awarded in contracts cases? A. Consequential damages B. Compensatory damages C. Punitive damages D. Liquidated damages Copyright. All Rights Reserved by www.StudentWhiz.com

  18. Free answers for law 421 final exam 20) With regard to consideration in a sales contract, the UCC differs from the common law in that (Chapter 8) A. consideration in a sales contract may be modified without additional consideration B. consideration exchanged must be equal or very closely equal in sales contracts C. consideration is not required in sales contracts D. consideration in a sales contract may be modified as long as additional consideration is provided Copyright. All Rights Reserved by www.StudentWhiz.com

  19. Free answers for law 421 final exam 21) The UCC will permit an incomplete or slightly ambiguous contract to be enforced using each of the following criteria EXCEPT (Chapter 8) A. past commercial conduct B. industry standards or norms C. judicial input of any terms necessary to maintain fairness D. correspondence or verbal exchanges between the parties Copyright. All Rights Reserved by www.StudentWhiz.com

  20. Free answers for law 421 final exam 22) Two merchant companies have entered into a contract for the sale of goods but have had no prior dealings, which would establish a course of conduct between them. The UCC will allow gap fillers to apply to their contract regarding missing terms in each of the following situations EXCEPT (Chapter 8) A. they have failed to specify when payment for the goods is to be made B. they have failed to specify where delivery of the goods is to be made C. they have failed to specify the quality or grade of the goods to be delivered D. they have failed to specify the price of the goods to be delivered Copyright. All Rights Reserved by www.StudentWhiz.com

  21. Free answers for law 421 final exam 23) When a buyer rejects nonconforming goods and purchases the appropriate goods from a different seller, this is an example of which of the following: (Chapter 8) A. Cover B. Specific Performance C. Lawsuit for Money Damages D. Revoking Acceptance Copyright. All Rights Reserved by www.StudentWhiz.com

  22. Free answers for law 421 final exam 24) Which of these is not a requirement for disclaiming a warranty? (Chapter 8) A. Statutory authorization B. A conspicuous writing C. Explaining why the warranty is being disclaimed D. Including the word merchantability if merchantability is to be disclaimed 25) "What if everyone took these same actions" is a question sometimes called the (Chapter 5) A. universalization approach B. utilitarian approach C. functionality approach D. morality approach Copyright. All Rights Reserved by www.StudentWhiz.com

  23. Free answers for law 421 final exam 26) The utilitarian approach to moral philosophy was founded by (Chapter 5) A. Jeremy Bentham B. Immanuel Kant C. Cicero D. Kenneth Lay Copyright. All Rights Reserved by www.StudentWhiz.com

  24. Free answers for law 421 final exam 27) Stan is an investment manager. He has received money from various investors with a promise of very high returns on their investments. The invested money is not supplying enough capital in order to pay the returns promised, so he has started using new investor's money to pay older investors. By advertising and by word of mouth, people are anxious to invest with Stan because of the money being paid, and with the influx of new investors, he is able to continue operating. Stan is (Chapter 22) A. operating an insider trading operation B. racketeering C. guilty of conspiracy to defraud D. operating a Ponzi scheme Copyright. All Rights Reserved by www.StudentWhiz.com

  25. Free answers for law 421 final exam 28) Ben is the manager of a branch of a large bank. He has regularly taken money from customer's accounts for his own use and changed the bank records to cover his actions. Ben is guilty of A. a conspiracy B. a Ponzi scheme C. racketeering D. embezzlement Copyright. All Rights Reserved by www.StudentWhiz.com

  26. Free answers for law 421 final exam 29) The Sarbanes-Oxley Act (2002) imposed stricter regulations on how corporations do business through regulations in each of the following areas EXCEPT (Chapter 16) A. tax compliance B. financial reporting C. corporate governance D. auditing Copyright. All Rights Reserved by www.StudentWhiz.com

  27. Free answers for law 421 final exam 30) Joan is the CFO of Para Corp. and is a year from retirement. In order to guarantee herself a very substantial bonus and to boost her retirement package, she knowingly certifies false financial reports making the company appear to be much more profitable than it really is. She further takes steps to assure that the financial report was not reviewed through internal controls maintained by Para Corp. Under the provisions of the Sarbanes-Oxley Act (2002), if her fraud is NOT part of a larger scheme, what criminal penalties are possible for Joan? (Chapter 16) A. $1 million in fines and up to 10 years in prison B. $2 million in fines and up to 12 years in prison C. $5 million in fines and up to 15 years in prison D. $10 million in fines and up to 20 years in prison Copyright. All Rights Reserved by www.StudentWhiz.com

  28. Why studentwhiz? • Full command over subject • Deep analysis • Concept explained with examples • Real life application • Assignment topics are completely covered • Adhere to University • APA guidelines Copyright. All Rights Reserved by www.StudentWhiz.com

  29. About Author This article covers the topic for the University of Phoenix LAW 421 Final Exam. The author is working in the field of education from last 5 years. This article covers the basic of LAW 421 class from UOP. Other topics in the class are as follows: • LAW 421 - Week 1 - Role and Functions of Law Paper • LAW 421 - Week 2 - Addressing International Legal and Ethical Issues Simulation Summary • LAW 421 - Week 3 - Case Scenarios: BUGusa, Inc. • LAW 421 - Week 4 - Case Scenario: Big Time Toymaker • LAW 421 - Week 5 - Case Scenarios: Grocery, Inc., Presentation For further information on the above topics you can always visit the website www.StudentWhiz.com Copyright. All Rights Reserved by www.StudentWhiz.com

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