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1) Which of the following statutes provides that it is legal for employees to organize a union?

A. The Norris-LaGuardia Act

B. The National Labor Relations Act

C. The Labor-Management Relations Act

D. The Worker Adjustment and Retraining Notification Act

2) William was a factory worker at the Spruce Industries plant. When management found out that William is gay, he was fired. The plant's action is

A. not prohibited under federal law

B. a violation of Title VII

C. a violation of the Equal Pay Act

D. a violation of the Americans with Disabilities Act

3) Janet is manager of a bank. She has all the qualifications to be promoted to bank manager. In fact, she is better qualified than any of the men being considered for the position. However, the owner of the bank believes that bank customers will not accept a woman as bank manager, so the owner promotes one of the males. The owner's actions would best be described as what?

A. Quid pro quo

B. Hostile work environment

C. Gender discrimination

D. Pregnancy discrimination

4) Which one of the following statutes allows a prevailing party to recover attorney's fees in an action against the government for an action of an agency?

A. The Freedom of Information Act

B. The Government Compensation Act

C. The Administrative Procedure Act

D. The Equal Access to Justice Act

5) Which of the following would prevent someone from acquiring land by adverse possession?

A. The person never had to fight the original owner to remain on the land

B. The person lived on the land secretly so that the original owner would not find out he or she was there

C. The person lived on the land without the original owner's permission

D. The person was the only person who lived on the land in question

6) Which of the following would be classified as tangible personal property, as opposed to other property categories, such as fixtures or intangible property?

A. A freestanding desk

B. Built-in cabinets in an office

C. A copyright to a literary work

D. A field of corn

7) As the CEO of a high tech company, you become aware that your chief competitor is working on a new computer program that will revolutionize your industry. You know that if you can find out several key functions about the new product, your own programmers will be able to duplicate the function of the program without actually copying its code. Which of the following actions can you ethically take?

A. Paying the garbage company to deliver the competitor's garbage to you

B. Hiring a former employee of the competitor and paying her a bonus to tell you the competitor's secrets

C. Hiring a researcher to review all available information about the competitor, including patents, types and names of employees hired, reports by the competitor, including all SEC filings(not confirm)

D. Hacking into the competitor's computer systems to find out what you need

8) From a practical perspective, what are some of the elements of Sarbanes-Oxley?

A. Ensuring transparency, accountability and internal controls

B. Ensuring companies are profitable

C. Ensuring that CEOs do not make more than 10 times the lowest paid employee

D. Ensuring that large shareholders do not have board representation

9) Under Title IX of the Sarbanes-Oxley Act, the penalty for someone who certifies "any statements as set forth in subsections (a) and (b) of this section knowing that the periodic report accompanying the statement does not comport . . ." is

A. no more than $1,000,000.00 or imprisoned no more than 10 years, or both

B. no more than $500,000.00 or imprisoned no more than 6 months, or both

C. no more than $2,000,000.00 or imprisoned no more than 3 years, or both

D. no more than $5,000,000.00 or imprisoned no more than 20 years, or both

10) Which is prohibited under the Sarbanes-Oxley Act?

A. High salaries for corporate executives

B. Using an independent accounting firm for audit purposes

C. Public companies making personal loans to their directors and executives

D. Directors and executives attending board meetings on a regular

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M9782916

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