Legal Environment of Business Quiz 2

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Arnold loses his suit against Buffy in a Colorado state trial court. Arnold appeals to a state intermediate court of appeals and loses again. Arnold would appeal next to a.the Colorado Supreme Court. b.the U.S. Court of Appeals for the Ninth Circuit. c.the United States Supreme Court. d. a U.S. district court.

A

As a judge in a federal court, Christine can decide, among other things, whether the laws or actions of the executive and legislative branches are constitutional. The process for making this determination is known as a.judicial review. b.jurisdiction. c.venue. d.early neutral case evaluation.

A

Lewis wants to file a suit against Mikayla. Before any court can hear the case a.the court must have jurisdiction. b.the parties must own property. c.the parties to the dispute must agree. d.the court must issue a deposition.

A

Transnational Corporation and United Shipping, Inc., agree to a contract that includes an arbitration clause. If a dispute arises, a court having jurisdiction may a.order a party to submit to arbitration. b.monitor any arbitration until it concludes. c.order an arbitrator to rule in a particular way. d.order a party to bring the dispute to court.

A

A Maryland state court can exercise jurisdiction over National Insurance Corporation, an out-of-state company, if the firm has a.maximum contacts with the state. b.minimum contacts with the state. c.no contacts with the state. d.medium contacts with the state.

B

First Community Credit Union and General Hydraulics. Inc., have their dispute resolved in arbitration. Before determining the award, the arbitrator meets with First Community's representative to discuss the dispute without General Hydraulics' representative being present. If this meeting substantially prejudices General Hydraulics' rights, a court will most likely a.review the merits of the dispute. b.set aside any award. c.compel arbitration. d.review the sufficiency of the evidence.

B

The Montana Supreme Court rules against Natural Grocery Mart in a case against One Stop 2 Shop Stores, Inc. Natural Grocery files an appeal with the United States Supreme Court. The Court does not hear the case. This a.is a decision on the merits that has value as a precedent. b.means that the Montana court's decision is the law in Montana. c.indicates agreement with the Montana court's decision. d.means nothing.

B

HoneyBee Foods, Inc., in Illinois, and Jelly Roll Pastries, in Kentucky consent to have their dispute resolved in arbitration according to the law of Illinois. This is a ground for a court to a.set aside any award. b.review the sufficiency of the evidence. c.compel arbitration. d.review the merits of the dispute.

C

Lorena files a suit against Milton. Before going to trial, the parties, with their attorneys, meet to try to resolve their dispute. A third party suggests or proposes a resolution, which the parties may or may not decide to adopt. This is a.not a legitimate form of dispute resolution. b.negotiation. c.mediation. d.arbitration.

C

Service Employees International Union and Timberline Products, Inc., have their dispute resolved in arbitration. The arbitrator arbitrates issues that the parties did not agree to submit to arbitration. This is a ground for a court to a .review the sufficiency of the evidence. b. review the merits of the dispute. c. set aside the award. d. none of the choices.

C

To resolve a dispute in nonbinding arbitration, Alyson in Baltimore and Chuck in Denver utilize E-Resolve, an online dispute resolution (ODR) service. This limits these parties' recourse to the courts a. with respect to this dispute only. b. with respect to any dispute arising between them. c. not at all. d. until the ODR service has issued a decision

C

The least expensive method of resolving a dispute between Ronald and Sharon may be a.arbitration because the case will be heard by a mini-jury. b.litigation because each party will pay its own legal fees. c.mediation because the dispute will be resolved by a non-expert. d.negotiation because no third parties are needed.

D

International treaties never stipulate arbitration for resolving disputes. T/F

False

The United States will not enforce a foreign court's decision. T/F

False

The federal courts are superior to the state courts. T/F

False

U.S. district courts have concurrent jurisdiction with state courts in matters involving federal questions. T/F

False

For purposes of diversity of citizenship, a corporation is a citizen only of the state in which its principal place of business is located. T/F

False, it is a citizen of every state in which it is incorporated.

A court can exercise jurisdiction over property that is located within its boundaries. T/F

True

A court's review of an arbitrator's award may be restricted. T/F

True

A mini-trial is a private proceeding in which each party's attorney argues the party's case before the other party. T/F

True

Laws would be meaningless without the courts to interpret and apply them. T/F

True

Mandatory arbitration clauses in employment contracts are generally enforceable. T/F

True

Small claims courts are inferior trial courts. T/F

True

The minimum-contacts requirement is usually met if a corporation advertises or sells its products within a state. T/F

True

The verdict in a summary jury trial is not binding. T/F

True


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