LAW 531 Entire Course

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LAW 531 Entire Course Link
https://uopcourses.com/category/law-531/
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LAW 531 Week 1
Knowledge Check


The material
presented below is not meant to be a comprehensive list of all you need to know
in the content area. Rather it is a starting point for building your knowledge
and skills. Additional study materials are recommended in each area below to
help you master the material.

Personalized
Study Guide Results:

Score: 18 / 18

Concepts Mastery
Questions

Sole
proprietorships and general partnerships 100% • 1

• 2• 3

Limited partnerships
and special partnerships 100% • 4

• 5• 6

Corporations
100% • 7

• 8• 9

Limited
liability companies and limited liability partnerships 100% • 10

• 11

• 12

Franchising,
licensing, and joint ventures 100% • 13

• 14

• 15

Alternative
forms of dispute resolution 100% • 16

• 17

• 18

Concept: Sole
proprietorships and general partnerships

Mastery : 100%
Questions : • 1

• 2• 3

Materials on the
concept:

• Sole
Proprietorship


Entrepreneurial Forms of Conducting Business


Entrepreneurship

• General
Partnership

• Formation of a
General Partnership

1.

Identify an
accurate statement about a sole proprietorship.

• A.

It is a form of
business that is seldom found in the United States.

• B.

It is a form of
business that has only one owner.

• C.

It is a separate
legal entity, distinct from an owner.

• D.

It is a business
form in which the owner enjoys limited liability.

2.

Sara and Cilia
run a café together. They share ownership of and liability for the café and
have come to an agreement about how the profits from the cafe should be divided
between them. If the cafe runs into debt, both Sara and Celia are responsible
for the debt. What form of business is best demonstrated in this scenario?

• A.

A sole
proprietorship

• B.

A corporation

• C.

A general
partnership

• D.

A limited
liability company

3.

What criterion
under the Uniform Partnership Act (UPA) must be met by a business, for it to
qualify as a general partnership?

• A.

The objective of
the partnership should be to create profits.

• B.

One of the
owners must be willing to assume completely liability of the business.

• C.

The partnership
should not involve more than two persons.

• D.

Only one owner
should take up the legal responsibility of contracts.



Concept: Limited
partnerships and special partnerships

Mastery : 100%
Questions : • 4

• 5• 6

Materials on the
concept:

• Limited
Partnership

• Introduction
to Limited Partnerships and Special Partnerships

• Limited
Partnerships and Special Partnerships

4.

What is true
about a limited partnership?

• A.

All the partners
are personally liable for partnership debts.

• B.

The partnership
cannot involve more than two individuals.

• C.

The general
partners do not invest capital or participate in the management of the
business.

• D.

The limited
partners are not personally liable for partnership debts beyond the amount
invested by them.

5.

Who among the
following is most likely to be a limited partner in a limited partnership?

• A.

David, who takes
up the task of work delegation in the business.

• B.

Kiara, who makes
contracts with suppliers for the partnership.

• C.

Kevin, who does
not have to make up for losses if a contract made by the partnership fails.

• D.

Nelson, who is
required to use his personal wealth to pay for any debts incurred by the
partnership.

6.

Who has
unlimited liability for the debts and obligations of limited partnerships?

• A.

Limited partners

• B.

General partners

• C.

Shareholders

• D.

Board of
directors



Concept:
Corporations

Mastery : 100%
Questions : • 7

• 8• 9

Materials on the
concept:

• Introduction
to Corporate Formation and Financing

• Nature of the
Corporation

• Corporate
Formation and Financing

• Publicly Held
and Closely Held Corporations

7.

What is a
characteristic of a corporation?

• A.

It is a separate
legal entity.

• B.

It is dissolved
after the death of any one shareholder.

• C.

Its shareholders
have unlimited liability.

• D.

Its existence
cannot be ended by the choice of it’s shareholders.

8.

Identify the
type of corporations in which there are thousands of shareholders and the shares
are traded on national stock exchanges.

• A.

Not-for-profit
corporations

• B.

Sole
proprietorships

• C.

Limited
partnerships

• D.

Publicly held
corporations

9.

Alpha Corp. has
very few shareholders and all of the shareholders belong to a single family.
The shareholders are involved in the operations of the business and frequently
make management decisions. What type of corporation does Alpha Corp. best
represent?

• A.

A closely held
corporation

• B.

A
government-owned corporation

• C.

A private corporation

• D.

A publicly held
corporation

Concept: Limited
liability companies and limited liability partnerships

Mastery : 100%
Questions : • 10

• 11

• 12

Materials on the
concept:

• Introduction
to Limited Liability Companies and Limited Liability Partnerships

• Limited
Liability Company (LLC)

• Limited
Liability Companies and Limited Liability Partnerships

• Limited
Liability Partnership (LLP)

10.

Identify the
true statement about limited liability companies.

• A.

They are created
by federal and not state laws.

• B.

They are not
separate legal entities like corporations.

• C.

They can be
taxed as partnerships.

• D.

They are
incorporated business entities.

11.

What is true
about the formation of limited liability companies?

• A.

Doctors and
lawyers most frequently form limited liability companies.

• B.

Owners can
establish their limited liability company in only one state.

• C.

Owners of
limited liability companies cannot conduct business in other states.

• D.

Sole proprietors
cannot form limited liability companies in any state.

12.

Delta Group is a
business firm created by a team of doctors. The business was formed as per the
state’s laws and is not taxed as a separate entity. The owners of the business
are not personally liable for the losses, debts, and obligations of the firm.
Identify the business form that is best illustrated in the scenario.

• A.

A limited
liability company

• B.

A general
partnership

• C.

A corporation

• D.

A limited
liability partnership

Concept:
Franchising, licensing, and joint ventures

Mastery : 100%
Questions : • 13

• 14

• 15

Materials on the
concept:

• Franchise

• Types of
Franchises

• Introduction
to Franchises and Special Forms of Business

• Joint Venture

• Licensing

Show More

13.

Nutristar is a
soft drink manufacturing company that wishes to expand its business. The
company has licensed another firm to manufacture its soft drinks and provided
the firm with the necessary confidential information about manufacturing. The
licensed company manufactures the soft drinks and distributes them. What type
of franchise is best illustrated in this scenario?

• A.

A processing
plant franchise

• B.

A
distributorship franchise

• C.

An area
franchise

• D.

A chain-style
franchise

14.

Identify the
business arrangement that involves two business firms pooling resources to work
on a single, mostly temporary, business project.

• A.

Franchise

• B.

Sole
proprietorship

• C.

Merger

• D.

Joint venture

15.

Gamma Inc. has
permitted another firm to operate under its name and use its trademarks and
service marks. This firm can now use the intellectual property of Gamma Inc. to
produce and distribute products. What business concept is best illustrated in
this scenario?

• A.

Merging

• B.

Licensing

• C.

Divesting

• D.

Acquiring

Concept:
Alternative forms of dispute resolution

Mastery : 100%
Questions : • 16

• 17

• 18

Materials on the
concept:

• Alternative
Dispute Resolution

• Negotiation

• Arbitration

• Mini-Trial

16.

Identify the
true statement about negotiation as an alternative form of dispute resolution.

• A.

The final
decision is always approved by a third party.

• B.

The two parties
involved may be represented by attorneys.

• C.

The court does
not permit the parties to negotiate before the trial.

• D.

The court has to
approve an agreement before it is signed by the two parties.

17.

Identify the
form of alternative dispute resolution in which the two involved parties go to
a neutral third party, who makes the final decision.

• A.

Arbitration

• B.

Negotiation

• C.

Mediation

• D.

Mini-trial

18.

Synergy Inc. is
involved in a dispute with Alpha Corp. Both companies have agreed to conduct a
private proceeding involving representatives from each side. They have also
appointed lawyers to present their arguments to these representatives. What
type of alternative dispute resolution is most likely being used in this
scenario?

• A.

Mediation

• B.

Arbitration

• C.

Mini-trial

• D.

Negotiation

 

LAW 531 Week 1 The
Legal System and ADR Analysis


Review Exhibit
2.1: Typical State Court System.

Assume that the
higher on this chart the case is the more expensive it is for all parties.

Write a memo ona
state (not federal) level business dispute. Describeas if you were writing a
“white paper” for your boss who wants to know how a case like the one you have
chosen would be processed throughout the various legal phases in a state court
system.

Because most
cases never make it to trial, it is also important to consider alternative
methods of dispute resolution. Suppose your selected case was initially
submitted to ADR. What methods of ADR would be available to pursue? Which of
these ADR methods do you think would be the most appropriate? Why?

Required
elements:

• Discuss the
differences in costs and benefits of going through traditional litigation and
pursuing ADR in this case (Consider for example, why one of the parties in the
case you’re looking at may have preferred keeping the case out of court).

• No more than
700 words.

• Format is
consistent with APA guidelines.

Click the
Assignment Files tab to submit your assignment.

 

LAW 531 Week 2 Business
Forms Worksheet


There are seven
forms of business: sole proprietorship, partnership, limited liability
partnership, limited liability company (including the single member LLC), S
Corporation, Franchise, and Corporation.

1. Research and provide
three advantages and three disadvantages for each business form.

2. Provide a
100- to 200-word summary in which you provide an example business that you
would start for each form. What is legally necessary to file in order to form
that business? Discuss at least one of the advantages and one of the
disadvantages of that form.

Sole
Proprietorship

Advantages

1.

2.

3.

Disadvantages

1.

2.

3.

Summary

Partnership

Advantages

1.

2.

3.

Disadvantages

1.

2.

3.

Summary

Limited
Liability Partnership

Advantages

1.

2.

3.

Disadvantages

1.

2.

3.

Summary

Limited
Liability Company, (including the single member LLC)

Advantages

1.

2.

3.

Disadvantages

1.

2.

3.

Summary

S Corporation

Advantages

1.

2.

3.

Disadvantages

1.

2.

3.

Summary

Franchise

Advantages

1.

2.

3.

Disadvantages

1.

2.

3.

Summary

Corporation

Advantages

1.

2.

3.

Disadvantages

1.

2.

3.

Summary

 

LAW 531 Week 2
Knowledge Check


The material
presented below is not meant to be a comprehensive list of all you need to know
in the content area. Rather it is a starting point for building your knowledge
and skills. Additional study materials are recommended in each area below to
help you master the material.

Personalized
Study Guide Results:

Score: 12 / 12

Concepts Mastery
Questions

Intentional
torts 100% • 1

• 2• 3

Negligence 100%
• 4

• 5• 6

Product
liability and strict liability 100% • 7

• 8• 9

Defenses to
product liability 100% • 10

• 11

• 12

Concept:
Intentional torts

Mastery : 100%
Questions : • 1

• 2• 3

Materials on the
concept:

• Intentional
Torts

• Assault


Misappropriation of the Right to Publicity

• Defamation of
Character

1.

Identify the
true statement about intentional torts.

• A.

A person can be
sued for assault even if there was no actual physical contact.

• B.

A person can be
sued for threatening future harm.

• C.

A person can be
accused of battery only if there was direct physical contact.

• D.

A person cannot
be sued for intending to injure one person but injuring another instead.

2.

When does
misappropriation of the right to publicity occur?

• A.

When private
information about a person is made available to the public without the person’s
consent

• B.

When the
identity of an individual is used to make commercial gains without the
individual’s permission

• C.

When false
statements about an individual are made on a public platform

• D.

When a false
document is signed using another person’s name

3.

Natalia has sued
a media agency for publishing false statements about her in one of its widely
circulated newspapers. Natalia has sought damages from the media agency for
violating her reputation. Identify the tort that is illustrated in the
scenario.

• A.

Misappropriation
of right to publicity

• B.

Battery

• C.

Libel

• D.

False
imprisonment

Concept:
Negligence

Mastery : 100%
Questions : • 4

• 5• 6

Materials on the
concept:

• Unintentional
Torts (Negligence)

• Intentional
Torts and Negligence

• Proximate
Cause

• Res Ipsa
Loquitur

• Special
Negligence Doctrines

4.

What is true
about a negligence lawsuit in the context of unintentional torts?

• A.

The plaintiff does
not need to prove that the defendant owed a duty of care.

• B.

The plaintiff
does not need to prove that actual injury occurred.

• C.

The plaintiff
should prove that the defendant’s negligence caused the injury.

• D.

The plaintiff
needs to prove that the negligence occurred in the profession of the defendant.

5.

What does
proximate cause mean?

• A.

The negligent
person or entity is completely responsible for all the damages caused by the
negligence.

• B.

The plaintiff
has the right to decide the extent of the negligent party’s liability.

• C.

The law limits
the liability that the negligent party needs to assume for the consequences.

• D.

The compensation
for damages is decided based on the severity of the injury.

6.

To which of the
following scenarios would res ipsa loquitur be most applicable?

• A.

Laura
experienced extreme emotional distress after she watched her father get
severely injured in an accident.

• B.

Jason was
severely injured when a roller-coaster crashed during a ride in an amusement
park.

• C.

Paulina was
seriously injured in a car accident because she was driving under the
influence.

• D.

Samir lost some
of his important documents because of a negligent accountant.

Concept: Product
liability and strict liability

Mastery : 100%
Questions : • 7

• 8• 9

Materials on the
concept:

• Product
Liability: Strict Liability

• Introduction
to Product and Strict Liability

• Product
Liability: Negligence

• Product
Liability: Misrepresentation

7.

Identify the
true statement about the doctrine of strict liability.

• A.

It allows a
plaintiff to recover damages from a defendant if the latter’s conduct has been
intentional.

• B.

It requires a
defendant to prove that a plaintiff has breached the duty of due care.

• C.

It can be
disclaimed by wholesalers and retail dealers.

• D.

It also covers
informal sales and transactions.

8.

When does a
negligence tort occur in the context of product liability?

• A.

When a
manufacturer intentionally hides a defect of a product

• B.

When a lessor
knowingly provides false information about the quality of a product

• C.

When a seller
breaches the duty of due care while selling a product

• D.

When a
manufacturer makes products under a false identity

9.

Miranda has
filed a lawsuit against a cellphone company that sold her a phone with
defective features. Miranda has filed the case because she believes that the
company intentionally withheld information about the poor features of the
product. It was these defective features that caused Miranda’s hand injury.
Identify the product liability tort that would best apply to this scenario.

• A.

Misrepresentation

• B.

Negligence

• C.

Libel

• D.

Res ipsa
loquitur

Concept:
Defenses to product liability

Mastery : 100%
Questions : • 10

• 11

• 12

Materials on the
concept:

• Product and
Strict Liability

• Defenses to
Product Liability

• Statute of
Limitations and Statute of Repose

• Plaintiff
Partially at Fault

10.

What is the most
valid defense for a product liability lawsuit?

• A.

The defendant
claims that he or she was not aware of the possible injury that the product
could cause.

• B.

The defendant
claims that the product was not modified by the plaintiff after it was bought.

• C.

The defendant
claims that the product was used in an abnormal and wrong manner by the
plaintiff.

• D.

The defendant
claims that the product was harmful because of improper packaging.

11.

In a product
liability lawsuit, a seller was excused from paying damages to a customer for
injuries caused by a defective product. This was because a number of years had
passed since the seller had sold the product to the customer. What statute can
best be applied to this scenario to protect the rights of the seller?

• A.

Statute of
limitations

• B.

Statute of
proximate cause

• C.

Statute of
repose

• D.

Statute of
contractor defense

12.

In which case
can the doctrine of comparative negligence be used?

• A.

When part of the
plaintiff’s injuries have been caused by the carelessness of the plaintiff

• B.

When the
plaintiff, out of negligence, takes action against a defendant, several years
after the injury has been caused

• C.

When the
defendant claims that the plaintiff was aware of the risks of using the product
in question

• D.

When the
defendant proves that he or she sold the product several years prior to the
injury

 

LAW 531 Week 2 Learning
Team Reflection: Week 2 IRAC Brief


Read “The IRAC
method of case study analysis.”

Select one legal
case from a current event that has taken place within the past 2 years relevant
to this week’s objectives.

Discuss the
selected case with your Learning Team.

Brief the
selected case as a Learning Team.

Write a case
brief using the IRAC method.

Write an
explanation of no more than 700 words about how the legal concepts in the
selected case can be applied within a business managerial setting.

Click the Assignment
Files tab to submit your assignment.

 

LAW 531 Week 3
Knowledge Check


The material
presented below is not meant to be a comprehensive list of all you need to know
in the content area. Rather it is a starting point for building your knowledge
and skills. Additional study materials are recommended in each area below to
help you master the material.

Personalized
Study Guide Results:

Score: 18 / 18

Concepts Mastery
Questions

Agreement,
consideration, and capacity 100% • 1

• 2• 3

Remedies for
breach of contracts 100% • 4

• 5• 6

Intellectual
property 100% • 7

• 8• 9

Personal
property 100% • 10

• 11

• 12

Real property
100% • 13

• 14

• 15

Mislaid, lost,
or abandoned property 100% • 16

• 17

• 18

Concept:
Agreement, consideration, and capacity

Mastery : 100% Questions
: • 1

• 2• 3

Materials on the
concept:

• Acceptance

• Introduction
to Agreement

• Consideration
and Promissory Estoppel

• Consideration

• Introduction
to Capacity and Legality

Show More

1.

What is true
about the acceptance of a contract?

• A.

It is effective
only once it has reached the offeror, whether or not it has been properly
dispatched by the offeree.

• B.

It must not
support the mirror image rule.

• C.

It must be an
unequivocal acceptance, without conditions or exceptions.

• D.

It cannot be
expressed with silence, even if the offeree has specified that silence means
acceptance.

2.

Which element of
a contract requires something of legal value to be provided in exchange for a
promise?

• A.

Consideration

• B.

Objective intent

• C.

Agreement

• D.

Capacity

3.

Jason, a 16-year
old boy, enters into a contract with a businessperson to work on a construction
project. According to the contract, Jason has to work long hours but will get
paid a minimal amount because of his age. Jason, though unfamiliar with
contracts, knows that the contract is not fair to him. He decides to cancel it.
What gives Jason the right to void the contract?

• A.

Minor’s duty of
restoration

• B.

Infancy doctrine

• C.

Adjudged insane

• D.

Covenant not to
compete

Concept:
Remedies for breach of contracts

Mastery : 100%
Questions : • 4

• 5• 6

Materials on the
concept:

• Inferior
Performance: Material Breach

• Remedies for
Breach of Traditional and E-Contracts

• Anticipatory
Breach

• Introduction
to Remedies for Breach of Traditional and E-Contracts

• Nominal
Damages

4.

What will most
likely happen when there is a material breach by one of the parties in a
contract?

• A.

The breaching
party will restate the express terms of the contract.

• B.

The contract
will be discharged by both parties.

• C.

The nonbreaching
party will terminate the contract and recover compensation.

• D.

The breaching
party will affirm the contract and modify consideration terms.

5.

Venus LLC is a
supplier for Synergy Corp. These companies have entered into a contract
according to which, Venus will supply Synergy with a certain quantity of raw
materials every month. In the month of May, Venus realizes that it cannot keep
to the terms of the contract due to an unforeseeable worker strike. It informs
Synergy of this delay much before the planned delivery date. What type of
contract breach is illustrated in the scenario?

• A.

Minor breach

• B.

Anticipatory
breach

• C.

Actual breach

• D.

Retrospective
breach

6.

Identify the
type of damages that are awarded to a nonbreaching party when a breach of
contract has occurred but has not resulted in any financial losses for the
nonbreaching party.

• A.

Consequential
damages

• B.

Penalty damages

• C.

Nominal damages

• D.

Special damages

Concept:
Intellectual property

Mastery : 100%
Questions : • 7

• 8• 9

Materials on the
concept:

• Intellectual
Property

• Trade Secret

• Patent

• Fair Use
Doctrine

• Copyright

7.

Identify the
true statement about the legal protection of trade secrets.

• A.

The law allows
individuals or companies the use of trade secrets discovered through reverse
engineering.

• B.

The law does not
place the obligation to protect trade secrets on the owners of the trade
secrets.

• C.

The law mandates
that all trade secrets be copyrighted.

• D.

The law does not
categorize the stealing of a trade secret as a federal crime.

8.

What type of
subject matter can be patented according to the U.S. federal government?

• A.

Scientific
hypotheses and principles

• B.

Abstractions

• C.

Designs for a
manufactured product

• D.

Obvious
inventions



9.

Caleb, a
doctoral student, is sued by the author of a textbook for copyright
infringement. The court rules that Caleb is not guilty since the content was
used for the purpose of review in his research paper. In addition, he has
written these paragraphs verbatim and placed them within quotes, citing
appropriate references. What doctrine has the court most likely applied in this
scenario?

• A.

Fair use
doctrine

• B.

Res ipsa
loquiter

• C.

Lanham doctrine

• D.

Misrepresentation
doctrine

Concept:
Personal property

Mastery : 100%
Questions : • 10

• 11

• 12

Materials on the
concept:

• Personal
Property

• Personal
Property and Bailment

• Accession

• Ownership of
Personal Property

• Confusion

10.

Identify the
true statement about personal property.

• A.

Personal
property does not include items that are captured, purchased, or gifted.

• B.

Personal
property can also be intangible.

• C.

Personal
property includes only real property.

• D.

A single piece
of personal property cannot be owned by two individuals at the same time.

11.

Sandra is having
her home renovated. Despite the specifications she has given the contractors,
they add a door to separate her kitchen from her living room. Since Sandra
likes the look, she does not ask them to change it. She also does not pay them
extra, since the door was added by them, mistakenly. Which of the following
terms best explains why Sandra has a right to the added feature without paying
for it?

• A.

Accession

• B.

Confusion

• C.

Mislaid property

• D.

Gift inter vivos

12.

Identify the
situation in which two goods that look similar are commingled by owners who
share ownership of the goods based on the proportion of their contributions.

• A.

Accession

• B.

Mislaid property

• C.

Possession

• D.

Confusion

Concept: Real
property

Mastery : 100%
Questions : • 13

• 14

• 15

Materials on the
concept:

• Real Property

• Subsurface
Rights

• Fee Simple
Absolute (or Fee Simple)

• Estates in
Land

• Joint Tenancy

Show More

13.

What is true
about real property, including land?

• A.

Real property
includes property that is movable.

• B.

An owner of land
has rights to the earth that lies beneath the land.

• C.

An owner of land
owns the vegetation on the land only if the owner himself has cultivated the
vegetation.

• D.

Real property
does not encompass fixtures.

14.

Mary owns a
piece of land and enjoys complete legal rights to the land, without any
conditions or limitations. Her ownership does not end unless she transfers the
land to a beneficiary. There are also no limitations on the inheritability of
the land. Which type of freehold estate does Mary most likely own?

• A.

Fee simple
defeasible

• B.

Life estate

• C.

Qualified fee

• D.

Fee simple
absolute

15.

Gabriella and
Priya own a piece of property together. The ownership terms state that in case
of the death of one of the owners, the surviving owner will automatically gain
complete ownership of the property. What kind of concurrent ownership is
illustrated in this scenario?

• A.

Joint tenancy

• B.

Tenancy by the
entirety

• C.

Community
property

• D.

Tenancy in
common

Concept:
Mislaid, lost, or abandoned property

Mastery : 100%
Questions : • 16

• 17

• 18

Materials on the
concept:

• Mislaid
Property

• Mislaid, Lost,
and Abandoned Personal Property

• Abandoned
Property

16.

What is the best
description of mislaid property?

• A.

It is real
property that is discarded by the owner.

• B.

It is real
property that has been constructed at the wrong place.

• C.

It is personal
property that has been unintentionally forgotten by the owner.

• D.

It is personal
property that has been lost by the owner.



17.

Identify the
true statement about the ownership of mislaid, abandoned, and lost property.

• A.

The owner of
lost property cannot claim ownership of it when it has been acquired by someone
else.

• B.

The finder of
abandoned property acquires ownership of the property even against the previous
owner.

• C.

The finder of
mislaid property can rightfully claim a share in the property from the owner.

• D.

The owner who
abandons a piece of property will still be considered the rightful owner of the
property, even if the property has been acquired by another individual.

18.

Paulina
purchased a rare and expensive gem when she was living in Mexico. Since then,
she has relocated various times. Now, seven years later, Paulina cannot find
the rare gem and does not know where she last saw it. After various attempts to
find it, Paulina has decided not to look for the gem again. What will the rare
gem most likely be categorized as in this scenario?

• A.

Real property

• B.

Abandoned
property

• C.

Mislaid property

• D.

Lost property

 

LAW 531 Week 3 Learning
Team Reflection: Week 3 IRAC Brief


Read “The IRAC
method of case study analysis.”

Select one legal
case from a current event that has taken place within the past 2 years relevant
to the following objectives:

• 3.3:
Differentiate between personal, real, and intellectual property issues.

• 3.4: Determine
appropriate methods to address potential property issues.

Discuss the
selected case with your Learning Team.

Brief the
selected case as a Learning Team.

Write a case
brief using the IRAC method.

Write an
explanation of no more than 700 words about how the legal concepts in the
selected case can be applied within a business managerial setting.

Click the
Assignment Files tab to submit your assignment.

 

LAW 531 Week 4 Contract
Creation and Management Simulation


Complete the
Contract Creation and Management Simulation involving a contract issue and
associated legal issues.

Write responses
to the decision points embedded in the simulation.

Download your
written responses on completion of the simulation. The downloaded document must
be submitted in order to receive credit for the assignment.

Click the
Assignment Files tab to submit your assignment.

 

LAW 531 Week 4 Knowledge
Check


The material
presented below is not meant to be a comprehensive list of all you need to know
in the content area. Rather it is a starting point for building your knowledge
and skills. Additional study materials are recommended in each area below to
help you master the material.

Personalized
Study Guide Results:

Score: 9 / 9

Concepts Mastery
Questions

The agency
relationship and types of agencies 100% • 1

• 2• 3

Types of
discrimination in the workplace 100% • 4

• 5• 6

Legal remedies
against employment discrimination 100% • 7

• 8• 9

Concept: The
agency relationship and types of agencies

Mastery : 100%
Questions : • 1

• 2• 3

Materials on the
concept:


Principal–Agent Relationship

• Agency

• Implied Agency

• Formation of
an Agency

• Express Agency

1.

Identify the
true statement about principal-agent and employer-employee agency
relationships.

• A.

The employee in
an employer-employee relationship is authorized to act on behalf of the
employer in all business situations.

• B.

The principal in
a principal-agent relationship has no authority over contracts made by the
agent.

• C.

The employee in
an employer-employee relationship can sign contracts on behalf of the employer.

• D.

The agent in a
principal-agent relationship is authorized to act on behalf of the principal.

2.

In certain types
of agencies, the parties involved do not sign a formal contract. However, it
can be inferred from their conduct, that they are part of the agency. What is
this kind of agency known as?

• A.

Implied agency

• B.

Express agency

• C.

Agency by
ratification

• D.

Agency by
contract

3.

Beta Corp. and
Woodrow LLC. have formed an agency. Both parties have agreed to the terms on
which the agency will operate, and they have signed a contract. According to
the terms of the contract, Woodrow, the agent, is authorized to act on behalf
of Beta. Identify the type of agency illustrated in the scenario.

• A.

Agency by
ratification

• B.

Express agency

• C.

Implied agency

• D.

Apparent agency

Concept: Types
of discrimination in the workplace

Mastery : 100%
Questions : • 4

• 5• 6

Materials on the
concept:

• Title VII of
the Civil Rights Act of 1964


Disparate-Treatment Discrimination

• Color
Discrimination

• Gender
Discrimination

• Pregnancy
Discrimination

4.

What is true
about disparate-treatment discrimination?

• A.

It involves
discrimination against an entire protected class.

• B.

It involves
discrimination against an individual belonging to a protected class.

• C.

It refers to
discrimination against an individual who does not belong to a protected class
or minority.

• D.

It occurs when a
company does not follow racially neutral employment practices.

5.

What is true
about color discrimination?

• A.

It can be
justified by a bona fide occupational qualification.

• B.

It is
essentially the same as discrimination based on race.

• C.

It is covered
under Title VII.

• D.

It is prohibited
but victims cannot recover damages even if discrimination is proved.

6.

Identify the
true statement about law in the United States, in the context of gender
discrimination.

• A.

The laws that
prohibit gender discrimination apply only to women.

• B.

The law does not
specifically prohibit discrimination based on sexual orientation.

• C.

The law
prohibits employment discrimination based on pregnancy.

• D.

The laws against
gender discrimination do not prohibit quid pro quo sexual discrimination.

Concept: Legal
remedies against employment discrimination

Mastery : 100%
Questions : • 7

• 8• 9

Materials on the
concept:

• Title VII of
the Civil Rights Act of 1964

• Remedies for
Violations of Title VII

• Equal Pay Act

• Equal
Opportunity in Employment

• Age
Discrimination

7.

Which of the
following remedies can be granted by courts for violations of Title VII of the
Civil Rights Act of 1964?

• A.

Reasonable
attorney’s fees to the plaintiff

• B.

Reduction of
salaries for all other employees in the plaintiff’s company

• C.

Unlimited power
to the plaintiff to hire and terminate other employees in the company

• D.

Punitive damages
in the amount requested by the plaintiff

8.

What remedy is a
court likely to grant an employee if his or her employer is found to have
violated the Equal Pay Act?

• A.

The employer
will be required to lower the wages of other employees to bring in uniformity.

• B.

The employee
will be eligible for a pay hike but will not be able to recover back pay.

• C.

The employee
will be able to recover damages but will not be able to have his or her wages
increased.

• D.

The employee
will be able to recover back pay as well as liquidated damages.

9.

What is true
about the Age Discrimination in Employment Act (ADEA)?

• A.

It enables
plaintiffs to recover damages, even where bona fide occupational qualifications
have been shown by their employers.

• B.

It allows
employers to use employment advertisements that discriminate against applicants
on the basis of age.

• C.

It ensures the
reinstatement of plaintiffs, if they have been terminated on the basis of age.

• D.

It ensures that
the wages of other employees are lowered.

 

LAW 531 Week 4 Learning
Team Reflection: Week 4 IRAC Brief


Read “The IRAC
method of case study analysis.”

Select one legal
case from a current event that has taken place within the past 2 years relevant
to this week’s objectives.

Discuss the
selected case with your Learning Team.

Brief the selected
case as a Learning Team.

Write a case
brief using the IRAC method.

Write an
explanation of no more than 700 words about how the legal concepts in the
selected case can be applied within a business managerial setting.

Click the
Assignment Files tab to submit your assignment.

 

LAW
531 Week 5 Discrimination Scenario Simulation


Complete the
Discrimination Scenario Simulation involving a discrimination issue at the
workplace and associated legal issues.

Write responses
to the decision points embedded in the simulation.

Download your
written responses after completing the simulation. The downloaded document must
be submitted to receive credit for the assignment.

Click the
Assignment Files tab to submit your assignment.

 

LAW 531 Week 5
Knowledge Check


The material
presented below is not meant to be a comprehensive list of all you need to know
in the content area. Rather it is a starting point for building your knowledge
and skills. Additional study materials are recommended in each area below to
help you master the material.

Personalized
Study Guide Results:

Score: 15 / 15

Concepts Mastery
Questions

Consumer
protection and product safety laws 100% • 1

• 2• 3

Environmental
laws 100% • 4

• 5• 6

Antitrust law
and unfair trade practices 100% • 7

• 8• 9

Provisions of
the Sarbanes Oxley Act 100% • 10

• 11

• 12

What
organizations can do to manage legal risks arising from regulatory compliance
issues 100% • 13

• 14

• 15

Concept:
Consumer protection and product safety laws

Mastery : 100%
Questions : • 1

• 2• 3

Materials on the
concept:

• Regulation of
Food

• Food, Drugs,
and Cosmetics Safety

• Regulation of
Cosmetics

• Unfair and
Deceptive Practices

• Bait and
Switch

1.

Identify an
accurate statement about the Food, Drug, and Cosmetic Act (FDCA).

• A.

It prohibits the
disclosure of nutrition information on food labels.

• B.

It only covers
the quality of actual products and does not encompass packaging.

• C.

It prohibits the
shipment, distribution, or sale of adulterated food.

• D.

It does not
place liability on manufacturers or distributors for deceptive labelling.

2.

Which product is
exempt from Food and Drug Administration (FDA) regulation of cosmetics?

• A.

Household soap

• B.

Facial cleanser

• C.

Lip color

• D.

Eye shadow

3.

Glitter is a
clothing store advertising a week-long sale featuring low-price summer
merchandise. Amy visits the store on the second day of the sale to buy
discounted clothing. However, the store has very few of the low-price clothes
remaining. When Amy inquires about the sale, she is, instead, directed to a
section of very expensive clothing that is not on sale. Feeling pressurized by
the salesperson to buy some of the expensive clothes, Amy ends up spending a
lot of money at the store. What type of deceptive business practice is best
illustrated in the scenario?

• A.

Credit and debt

• B.

Trade libel

• C.

Door-to-door
sales

• D.

Bait and switch

Concept:
Environmental laws

Mastery : 100%
Questions : • 4

• 5• 6

Materials on the
concept:

• Environmental
Impact Statement

• Environmental
Protection

• Hazardous
Waste

• Toxic
Substances and Hazardous Wastes

• National
Ambient Air Quality Standards

Show More

4.

What is an
environmental impact statement most likely to contain?

• A.

Guidelines for
maintaining environmental standards for state governments

• B.

A cost-benefit
analysis of a proposed federal action that might affect the environment

• C.

Annual
environmental reports provided by state governments

• D.

Conservation
proposals made by environmental experts outside the government

5.

Identify the
federal act that was enacted to regulate the disposal of new hazardous wastes
and empowers the Environmental Protection Agency (EPA) to regulate facilities
that generate, treat, store, transport, and dispose hazardous wastes.

• A.

Resource Conservation
and Recovery Act (RCRA)

• B.

Toxic Substances
Control Act

• C.

National
Environmental Policy Act (NEPA)

• D.

Nuclear Waste
Policy Act

6.

What is a true
statement in the context of environmental laws?

• A.

The Clean Air
Act encompasses only stationary sources of pollution and not automobiles.

• B.

States are
responsible for the enforcement of air quality standards even though the
Environmental Protection Agency (EPA) sets the standards.

• C.

The primary task
of enforcing the provisions of the Clean Water Act rests with the federal
government and not state governments.

• D.

The federal
Clean Water Act does not encompass the maintenance of wetlands.

Concept:
Antitrust law and unfair trade practices

Mastery : 100%
Questions : • 7

• 8• 9

Materials on the
concept:

• Per Se Rule

• Restraints of
Trade: Section 1 of the Sherman Act

• Group Boycotts

• Statutory
Exemptions

• Exemptions
from Antitrust Laws

7.

What is true of
the per se rule according to Section 1 of the Sherman Act?

• A.

It holds that
even reasonable restraints violate Section 1 of the Sherman Act.

• B.

It applies to
restraints that are intrinsically anticompetitive.

• C.

It applies to
cases where restraints have both pro- and anticompetitive effects.

• D.

It applies to
cases where justifications and evidence can be considered to evaluate
restraints.

8.

Envy, Bling, and
Pattern are three established and well-known clothing manufacturers and
sellers. They decide not to sell their clothes to Embellish, a clothing retail
store. Which form of horizontal restraint does this scenario best exemplify?

• A.

Price fixing

• B.

Division of
markets

• C.

Group boycotts

• D.

Conscious
parallelisms

9.

Some forms of
business and activities like labor unions and agricultural cooperatives are
expressly exempt from the reach of antitrust laws in the rules enacted by
Congress. What type of exemptions are these?

• A.

Statutory
exemptions

• B.

Implied
exemptions

• C.

State action
exemptions

• D.

Organization
exemptions

Concept:
Provisions of the Sarbanes Oxley Act

Mastery : 100%
Questions : • 10

• 11

• 12

Materials on the
concept:

• Corporate
Governance and the Sarbanes-Oxley Act

• Piercing the
Corporate Veil

• Board of
Directors

• Competing with
the Corporation

• Fiduciary
Duty: Duty of Loyalty

10.

When is a court likely
to apply the piercing the corporate veil doctrine?

• A.

When a
corporation is not generating adequate profits because of a drop in sales

• B.

When a
shareholder has been found to be misusing corporate assets

• C.

When
shareholders are not adequately participating in the management of the
corporation

• D.

When an employee
has violated corporation rules

11.

What statement
is true in the context of the board of directors of a corporation?

• A.

All members of
the board should be officers of the corporation.

• B.

All members of
the board should have the same set of specific qualifications.

• C.

Officers of
other corporations can be elected as directors of the board.

• D.

Directors of the
board should be residents of the state in which the corporation was incorporated.

12.

Riya is a
corporate officer as well as a senior academic author at Derive Inc., a content
management company. The company develops question banks and learning material
for students. Riya, without permission from the company, starts her own content
management company. Derive then recovers damages and profits from Riya. Which
act of disloyalty does this scenario best exemplify in the context of fiduciary
duties?

• A.

Making a secret
profit

• B.

Usurping a
corporate opportunity

• C.

Self-dealing

• D.

Competing with
the corporation

Concept: What
organizations can do to manage legal risks arising from regulatory compliance
issues

Mastery : 100%
Questions : • 13

• 14

• 15

Materials on the
concept:

• Food Labeling

• Food, Drugs,
and Cosmetics Safety

• Direct Price
Discrimination

• Price
Discrimination: Section 2 of the Clayton Act

• Toxic
Substances and Hazardous Wastes

Show More

13.

What step can
food manufacturers and processors take to avoid legal risks associated with the
Nutrition Labeling and Education Act (NLEA)?

• A.

Exclude dietary
information on packaging

• B.

Provide
information about all the nutrients on packaging

• C.

Provide only
point-of-purchase nutrition information

• D.

Exclude
information about serving size on packaging

14.

According to
Section 2 of the Clayton Act, in which of these scenarios is a seller most
likely to face a legal risk?

• A.

Jeremy, a
seller, uses price discrimination to meet a competitor’s price.

• B.

Alex, a seller,
sells similar quality products to two customers at different prices around the
same time.

• C.

Marcos, a
seller, increases product prices because of increased costs of production and
packaging.

• D.

Chang, a seller,
offers a service to a particular customer for a reduced price.

15.

What will help
chemical industries avoid legal risks in the context of environmental laws?

• A.

Using special
labeling for toxic substances

• B.

Avoiding testing
of new chemicals

• C.

Meeting only the
standards that are economically feasible

• D.

Adopting only technologically
feasible disposal standards

 

LAW 531 Week 5 Learning
Team Reflection: Week 5 IRAC Brief


Read “The IRAC
method of case study analysis.”

Select one legal
case from a current event that has taken place within the past 2 years relevant
to the following objectives:

• 5.2: Explain
the governance principles of regulatory compliance requirements.

• 5.3: Determine
methods for managing legal risk arising from regulatory compliance issues.

Discuss the
selected case with your Learning Team.

Brief the selected
case as a Learning Team.

Write a case
brief using the IRAC method.

Write an
explanation of no more than 700 words about how the legal concepts in the
selected case can be applied within a business managerial setting.

Click the
Assignment Files tab to submit your assignment.

 

LAW 531 Week 6
Knowledge Check


The material
presented below is not meant to be a comprehensive list of all you need to know
in the content area. Rather it is a starting point for building your knowledge
and skills. Additional study materials are recommended in each area below to
help you master the material.

Personalized
Study Guide Results:

Score: 9 / 9

Concepts Mastery
Questions

The United
States and foreign affairs 100% • 1

• 2• 3

The UN, the EU,
and the WTO 100% • 4

• 5• 6

International
religious laws 100% • 7

• 8• 9

Concept: The
United States and foreign affairs

Mastery : 100%
Questions : • 1

• 2• 3

Materials on the
concept:

• Foreign
Commerce Clause

• The United
States and Foreign Affairs

• Treaty Clause

1.

What is true of
the Foreign Commerce Clause in the context of the United States and foreign
affairs?

• A.

It does not
encompass state and local laws.

• B.

It gives the
federal government exclusive power over foreign affairs.

• C.

It prohibits
multilateral treaties.

• D.

It authorizes
Congress to regulate commerce with foreign nations.

2.

The country of
Elamia has added a new feature to its constitution. This feature gives power to
the central government to enter into treaties with foreign countries. It does
not give this power to state governments. In addition, this feature states that
any local law that goes against a centrally-formed treaty will be canceled.
Which part of the U.S. Constitution does Elamia’s new constitutional feature
closely resemble?

• A.

Treaty Clause

• B.

Foreign Commerce
Clause

• C.

Bilateral Treaty
Clause

• D.

North American
Free Trade Agreement (NAFTA)

3.

In the context
of the United States and foreign affairs, treaties _____.

• A.

can only be
formed between two nations

• B.

can only be
formed only if sponsored by international organizations

• C.

are considered
equal to lawmaking at the international level

• D.

can be formed
even by local governments

Concept: The UN,
the EU, and the WTO

Mastery : 100%
Questions : • 4

• 5• 6

Materials on the
concept:

• The
International Court of Justice

• United Nations
(UN)

• International
and World Trade Law

• European Union
(EU)

• World Trade
Organization (WTO)

4.

The
International Court of Justice _____.

• A.

hears cases
related to individuals and businesses

• B.

hears cases
involving nations

• C.

is composed of
five judges

• D.

is located in
Geneva

5.

What is true in
the context of the European Union (EU)?

• A.

The European
Union Commission is independent of its member nations.

• B.

The Council of
Ministers is composed of representatives from only five member countries.

• C.

All major
decisions of the Council of Ministers require unanimity and no changes in the
treaty are made based only on a majority vote.

• D.

All EU member
countries have voted to use the euro.

6.

The World Trade
Organization (WTO) implements various rounds of negotiations among its
membership. Through these rounds, it aims to achieve major reform of the
international trading system. What is the fundamental objective of the Doha
Round of the World Trade Organization (WTO)?

• A.

To increase
trade barriers

• B.

To resolve trade
disputes arising from contracts

• C.

To improve trade
prospects of developing countries

• D.

To issue panel
reports in dispute cases

Concept:
International religious laws

Mastery : 100%
Questions : • 7

• 8• 9

Materials on the
concept:

• International
and World Trade Law

• International
Religious Laws

7.

What is the
correct statement in the context of Hindu law?

• A.

Anglo-Hindu law
was adopted in India, post its independence.

• B.

Classical Hindu
Law rests on the works of private scholars.

• C.

Hindu law is not
codified in any country.

• D.

Hindu law is
predominantly based on court decisions.

8.

Which
international religious law is based on the ideology and theology of the Torah?

• A.

Islamic law

• B.

Jewish law

• C.

Hindu law

• D.

Christian law

9.

Ayub is an owner
of a business that deals with the manufacture and sale of silk rugs. According
to Islamic law, which of the following would most likely apply to Ayub, if riba
was prohibited?

• A.

Ayub would be
able to pay interest on loans.

• B.

Ayub would not
be able to make any profits from the sale of his rugs.

• C.

Ayub would not
be allowed to make any unjustified profits.

• D.

Ayub would not
be permitted to earn profits from any services provided by him.

 

LAW
531 Week 6
Learning
Team Reflection: Week 6 IRAC Briefs


Read “The IRAC
method of case study analysis.”

Select one legal
case from a current event that has taken place within the past 2 years relevant
to the following objective.

• 5.1: Identify
applicable regulatory compliance requirements for business situations.

Select a second
legal case from a current event that has taken place within the past 2 years
relevant to the following objective:

• 6.1: Evaluate
legal risks associated with domestic and international business activity.

Discuss the
selected cases with your Learning Team.

Brief the
selected cases as a Learning Team.

Write two
separate case briefs using the IRAC method.

Write an
explanation for each brief of no more than 700 words about how the legal
concepts in the selected case can be applied within a business managerial
setting.

Click the
Assignment Files tab to submit your assignment.
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