Business Law Chapters 18 and 19

only personal income taxes

Bob is a proprietor of ClamBooks, an electronic book subscription service. As a sole proprietor, on the business's profits, what does Bob pay?

accidental

Chaz works for Bridge Builders, Inc. While working on a Bridge Builders project, Chaz is injured. Under state workers' compensation laws, Chaz will be compensated only if his injury was _______________________

all the partners in proportion to their shared profit

Colin, Demi, and Erin agree to be partners in Fajita Pizza, splitting the profits equally. Colin contributes 65% of the capital. When Fajita Pizza is dissolved, its liabilities are greater than its assets. In the absence of a contrary agreement, the losses are paid by ________________________________________________________.

sole proprietorship

Corbin organized, owns and operates, Corbin's Deep Sea Fishing Tours in the simplest form of business organization. What is this type?

partnership

Custom Auto Body and Detailing, LLC, is a limited liability company. Its members include Dennis and Estelle. Like other LLCs with more than one member, unless indicated otherwise, the firm will automatically be taxed as what type of business?

That she is qualified for the position

Destination Resort Hotel Company replaces Estee, a forty-five-year-old employee, with Francesca. Estee files a suit against the employer under the Age Discrimination in Employment act. What must Estee show to establish a prima facie case?

continue it

Devon takes a temporary family leave from her job at Equipment Rentals & Sales Company to care for a newborn baby. With respect to Devon's health-care coverage, during the leave, under the Family and Medical Leave Act, what must Equipment & Sales do?

be willing and able to work

Ester is a current employee of Fiber Optics, Inc. Gage, a former Fiber Optics employee is currently unemployed. To collect unemployment compensation, Gage must ____________________________________

franchisor

Fong contracts to buy a franchise from Genuine Asian Sushi House Company. Typically, the determination of the territory to be served is made by who?

gender

Gala and Hoyt are employees of IT Business Solutions, Inc. IT Business Solutions violates the Equal Pay Act if it pays different wages on what basis?

advertising costs

Graham buys from Hook, Line, & Sinker Corporation the exclusive right to Hook, Line, & Sinker fishing gear in a certain area. Their franchise agreement requires Graham to pay certain administrative expenses. Their agreement may also require Graham to pay a percentage of the franchisor's _________________________-

joint venture

Greenway Corporation and Happy Trails, Inc., combine their efforts to build a network of biking and hiking trails along an unused railroad spur. What is their form of business organization?

hazardous occupation

Hunter is seventeen years old. Under the Fair Labor Standards Act, hunter cannot work in what type of occupation?

False

In a limited liability company, the management consists of members and nonmembers, but not both. T/F?

True

In choosing a form of business organization for a new enterprise, one factor to be considered is the ability to raise capital. T/F?

False

In most states, a limited liability company must have at least two members. T/F?

Americans with Disabilities Act (ADA)

Jon, a paraplegic, applies fora job as a disk jockey with radio station KLKT. The station's manager says, "Sorry, man. You meet all out requirements, but we need someone who can move around the broadcast studio without accommodation." Most likely, how could Jon recover from the station?

a syndicate

Lebron, Michael, Nolan, and O'Neill combine to buy a professional franchise. Their selected form of business organization is an investment group, which is also referred to as a ______________________________

True

Limited liability companies are entities apart from their owners. T/F?

a bonefied occupational qualification defense

Lingerie Closet, a women's clothing store employs female attendants to assist in the dressing rooms. Mark, a forty-one-year-old male, applies for an attendant's job, but is not hired. In Mark's suit against Lingerie Closet for employment discrimination under the TITLE VII, the has has ________________________________________

Must be forty years of age or older

Lomax believes that he has been discriminated against on the basis of his age. For the Age Discrimination in Employment Act to apply what must Lomax be?

each new hire

Mei-Ling, Norberto, and Oki apply to work for Poultry Processing, Inc. Poultry Processing must verify the identity of who?

complete access to the books and information

Narib and Olivia are limited partners in physicians Medical Center, a limited partnership. As in a general partnership, in terms of the firm's books and information regarding partnership business, what are Narib and Olivia entitled to?

precision piping before partners

Natural Gas, LP, is a limited partnership to which its partners have contributed capital. Natural Gas's creditors include Precision Piping, Inc. On Natural Gas's dissolution, its assets will be distributed to pay ______________ before _________________.

all members

Outreach Security and Rescue, LLC, is a limited liability company. Under most LLC statutes, unless the members have agreed otherwise, participants in the firm's management will be considered to include _________________________.

constructive discharge on the basis of gender discrimination

Quiana is the only female employee in the maintenance department of Rescue Vehicles Sales & Services Inc. Quiana's supervisor and co-workers tease and play tricks on her so relentlessly that she feels compelled to quit. What kind of discharge is this and for what basis?

A reasonable time with notice

Restful Inn Motel Corporation wants to terminate its franchise arrangement with Steve's Cabins. Their contract does not specify a set time for termination. Because no set time is specified, what is implied?

personally liable to the full extent

Rosalee is a general partner in Silver Dragon, a partnership consisting of the owners of a Chinese and American restaurant. Silver Dragon incurs debt for new dining tables and chairs. With respect to the debt, Rosalee is __________________________________________________.

divided equally among the members

StartUp Investors, LLC, is a limited liability company without a written operating agreement. Among the members, a dispute arises concerning the division of profits. Under most LLC statues, the profits will be ______________________________

True

State deceptive trade practices acts may apply to actions by franchisors. T/F?

The majority

Sweet Selections, a general partnership, operates as a gift shop. Sweet Selections has ten partners. Jill and Amy each have a 25% interest in the partnership. All the other members have a 10% interest. Unless the partners otherwise agree, with respect to the management decisions who must agree?

....without undue hardship

To successfully defend against Artur's claim, Banquet will have to show that ____________________.

1. Protect the franchiser's name and reputation 2. To maintain a certain level of food quality 3. To establish certain standards for a facility

What reasons would a franchiser wish to maintain some degree of control and supervision over the franchisee? (3)

aircraft mechanics

Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, including pilots. Employees exempt from the Fair Labor Standards Act's overtime provisions include all except who?

sole proprietorship

Wren owns and operates Yoga Center without creating a separate business organization. She receives all the profits from the fees for the classes and the sales of the center's merchandise. Yoga Center is most likely a ____________________________________