1) Name at least 4 risks of being on the Internet according to Ch. 41 Cyberlaw.
2) Jessie has an idea, not written down yet, about a play involving 2 aliens arriving in New York City for the first time. This idea can be copyrighted.
True
False
3) Weird Al Yankovich (google him if you are not familiar with him) creates lyrics that make fun of the original song. This is called what:
4) List reasons why courts might pierce the corporate veil.
5) Yolanda is a partner in Dewey Cheatam and Howe, a law firm. She has a side business running a private investigation firm. She must turn over her profits to the partnership unless the other partners consent in advance.
True
False
6) We have seen the duty of good faith and fair dealing imposed in a number of situations throughout our book - name at least 3 situations where that duty is imposed.
7) A doctrine that says a corporation cannot do more things than are permitted by its purpose clause.
8) Managers have to avoid decisions that are not entirely fair to the corporation.
True
False
9) Describe the three ways to acquire control of a company ?
10) Shareholders have all these rights except:
a. right to vote
b. right to manage the corporation
c. right to seek information about the corporation
d. right to make a shareholder proposal
11) Members of the board of directors who are also employees of the corporation are called:
a. inside directors
b. independent directors
c. general directors
d. shareholders
12) A person who the shareholder appoints to vote for her at a meeting of the corporation is called:
13) Why do we have antitrust laws in the first place?
14) CarToys car audio store sells its JVC brand speakers only with a JVC subwoofer. Without the subwoofer, they will not sell the speakers to people. This kind of practice is called a ___________________.
15) Suzanne Somers' "Thighmaster" product claims it tones and strengthens thighs within minutes of use. This is not true. This could be:
a. unfair practice
b. fraud
c. bait and switch
d. a & b