Business Law
A person trained in conflict resolution is considered:
A mediator
Tort law deals with_____________________________
cases that involve some kind of harm between plaintiff and defendant when no contract exists
Alex has been sued by Will for failure to pay rent for their apartment. Which source of law will govern this lawsuit?
civil law
All of the following are considered measures in the triple bottom line concept except
shareholders
Confidentiality, Creativity, and control are benefits to mediation.
true
The court has created three classifications under the Fourteenth Amendment, and the outcome of any equal protection case can usually be predicted by knowing how the court is likely to classify the case. Which of the following is true?
A government action interfering with a fundamental right will receive strict scrutiny.
-represents a movement throughout the global business community to improve the world through the smarter use of resources and giving back to communities.
Corporate social responsibility
negotiation involves two individuals interacting with one in an attempt to resolve a dispute.
Dyadic
Act is a national policy that favors arbitration and enforces situations in which parties have contractually agreed to participate in arbitration.
Federal Arbitration
Which of the following is a violation of the dormant commerce clause?
If a state law is an "undue burden" on interstate commerce, it will be struck down.
A method of dispute resolution that relies on an impartial third-party decision-maker is referred to as Answer
Mediation
What is the first step in Alternative Dispute Resolution
Negotiation
Which of the following is true of civil cases?
Plaintiff brings the case and defendant must answer
refers to previous court rulings on similar cases that judges may use in arriving at a ruling in their own cases.
Precedent
What is the function of law in the United States?
Promote consistency, Promote, provide, and maintain order, Establish standards
Regulations are
Rules adopted by administrative agencies
Which of the following is true about alternative methods of resolving disputes?
Saying that arbitration is favored means that if you have agreed to arbitration, you cannot go to court if the other party wants you to arbitrate.
attempts to change the attitudes and behaviors of consumers by using a variety of marketing methods
Social marketing
Which of the following is true with regard to the stakes of various stakeholders
Stakeholders can be economically dependent without having ownership.
Which of the following is stated by Article I, Section 8, which sets forth the powers of the federal legislature?
The Congress shall have power to regulate commerce with foreign nations.
Which of the following is true of a criminal case?
The most blaimeworthy are punished
is important for businesses to establish to ensure that everyone in the company is clear on the mission, values, and guiding principles of the company.
code of ethics
The benefits of Corporate Responsibility for a business include:
consumer influence, talent attraction, improved perception by investors
Consequences of being convicted of a crime include all of the following except:
damages
Based on the supremacy clause, the _____ holds that state and federal laws that conflict must yield to the superior law, which is federal law.
doctrine of preemption
All of the sections of the Bill of Rights apply to corporations and commercial activities.
false
Consequentialist ethics bases its decision on whether the action itself is right or wrong, regardless of its consequences.
false
The 14th Amendment is a part of the Bill of Rights
false
The elements that belong in a code of conduct include all of the except:
the benevolent halo effect
The Patient Protection and Affordable Care Act's (also known as Obamacare) provision that mandated that individuals not insured through employment obtain minimum essential health insurance or face a penalty was upheld as constitutional by the 11th Circuit.
false
The doctrine aimed at dividing the governing powers between the federal governments and the states is:
federalism
Who decides the business ethics for a company
leadership
Article I of the Constitution deals with _____.
legislative powers
Ethical rules can be based on deep values of an organization which may include:
quality of products and services, how the organization gives back to the community, commitment to customers
Some possible results of unethical business actions may include:
recruitment and retention problems, poor company reputation, negative employee relations
The _____ clause of the Fifth Amendment ensures that the government does not take private property without just compensation.
takings
All of the following are the most common applications of arbitration in the business context except:
torts
Arbitration agreements in business usually cover three major applications: labor, business transactions, and property disputes.
true
Some of the rights of the Constitution's Bill of Rights extends to corporations.
true
Where can you find a codification of federal laws?
united states code