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Title: LAW 421 Final Exam Answers


1
Law 421 Final exam
  • www.studentwhiz.com

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Whats it all about?
  • Understanding roles function of law.
  • Learning about important authorities.
  • Cases where law has been changed.
  • Laws important for business
  • Laws important to society

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Roles and functions
  • Improving business and society
  • Important laws
  • Public Private Laws
  • Criminal Civil Laws
  • substantive procedural Laws
  • Solving situation misunderstanding
  • Starting a company
  • Open door policy

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Free answers for law 421 final exam
  • 1) Which of the following does not result in a
    decision rendered by the hearing officer?
    (Chapter 4)
  • A. Arbitration
  • B. Mediation
  • C. Med-arb
  • D. Using expert evaluators
  •  
  • 2) Jurisprudence is defined as
  • A. adjudication of law suits
  • B. the enactment of laws by a government body
  • C. the science and philosophy of law
  • D. the duties and obligations owed by a citizen

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Free answers for law 421 final exam
  • 3) The state of Kansas has enacted a new law
    requiring all commercial trucks driving on Kansas
    roads to have special mud flaps installed. These
    mud flaps have been proven to make driving in the
    rain significantly safer due to reduced mist
    created by trucks driving in the rain, although
    data regarding accidents and injuries has not yet
    been determined. Any truck entering Kansas must
    have these flaps installed or will be subject to
    a significant fine and delay. The cost for
    purchase and installation of these flaps is
    1,000 per truck. In short, trucks must have
    these flaps or go around the state. This Kansas
    law (Chapter 2)
  • A. is valid because it only applies to Kansas
    roads and such a law is entirely intrastate
  • B. is valid because Kansas's right to protect its
    citizens under its police powers will override
    any outside challenges to this law
  • C. is invalid because this law is intended to
    regulate interstate commerce, an enumerated
    federal power
  • D. is invalid because although on its face it's
    an intrastate law, this statute will have a
    significant economic effect on interstate
    commerce causing an undue burden

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Free answers for law 421 final exam
  • 4) The power of preemption is derived from
  • A. the power of judicial review
  • B. the Commerce Clause
  • C. the Necessary and Proper Clause
  • D. the Supremacy Clause
  • 5) What is the main problem with international
    courts? (Chapter 25)
  • A. Finding judges who understand the
    complexities of international law
  • B. Creating a body of law that reflects multiple
    legal systems
  • C. Enforcing a ruling on sovereign nations is
    difficult
  • D. Lack of recognition from the U.N. and WTO

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Free answers for law 421 final exam
  • 6) Under the U.S. legal system, subject to some
    exceptions, costs of litigation regarding both
    the plaintiff and defendant (Chapter 1)
  • A. are all paid by the loser
  • B. are all paid by the winner
  • C. are paid for by each side with the plaintiff
    and defendant paying for their own legal costs
  • D. are totaled by the court and then for
    fairness, split in half with each side paying an
    equal amount
  •  

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Free answers for law 421 final exam
  • 7) Assumption of risk is a defense to
  • A. conversion
  • B. negligence
  • C. defamation
  • D. battery
  •  
  • 8) The three stripes on Adidas clothing
    represents a
  • A. trademark
  • B. trade dress
  • C. trade secret
  • D. patent

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Free answers for law 421 final exam
  • 9) Generally, torts law is governed by (Chapter
    9)
  • A. state statutory law
  • B. state common law
  • C. federal statutory law
  • D. constitutional law

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Free answers for law 421 final exam
  • 10) The color or shape of an item, if
    distinctive, is a (Chapter 24)
  • A. trademark
  • B. trade dress
  • C. copyright
  • D. patent
  •  
  •  

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Free answers for law 421 final exam
  • 11) The Digital Millennium Copyright Act (1998)
    provided each of the following protections EXCEPT
    (Chapter 24)
  • A. manufacturers of CD-Writers were required to
    pay 2 of their sales into a fund to be
    distributed to copyright holders because the
    CD-Writers could easily copy music and other
    copyrighted works
  • B. civil and criminal penalties were established
    for those who sell or manufacture products or
    services that circumvent antipiracy software
  • C. restrictions were placed on analog recorders
    and camcorders that lack antipiracy features
  • D. ISPs were relieved of liability for copyright
    infringement by their users as long as the ISP
    had no knowledge of the infringement
  •  

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Free answers for law 421 final exam
  • 12) Cyber squatting describes the practice of
  • A. registering multiple domain names and then
    selling them back to companies at inflated prices
  • B. hacking into a company's website to install a
    virus or Trojan horse designed to steal
    information but allow the site to continue
    operation
  • C. using mechanical devises to access a company's
    website multiple times to the point that traffic
    to the site is slowed or blocked
  • D. hacking into a company's website to install a
    virus designed to cause the company's website to
    totally cease operation

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13
Free answers for law 421 final exam
  • 13) Where a promise can only be accepted by the
    performance of the person to whom it is offered
    is an example of a/an (Chapter 6)
  • A. bilateral contract
  • B. unilateral contract
  • C. implied contract
  • D. quasi contract
  •  
  • 14) Each of the following is a discharge by
    mutual consent EXCEPT (Chapter 7)
  • A. accord and satisfaction
  • B. novation
  • C. rescission
  • D. frustration of purpose

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Free answers for law 421 final exam
  • 15) When Maria comes home from work, she finds
    that her yard has been mowed and trimmed. An hour
    later, a man comes to her door to collect payment
    for the yard work. Maria refuses to pay him
    because she has never seen him before nor had she
    hired him to do the work. Which of the following
    is accurate? (Chapter 6)
  • A. This is an implied, unilateral contract, so
    she must pay.
  • B. Maria has received unjust enrichment so a
    quasi contract is formed, so she must pay.
  • C. The court would make Maria pay the reasonable
    cost of the work to be fair to both parties.
  • D. Maria would not have to pay anything.

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Free answers for law 421 final exam
  • 16) Harry sees an AK-47 automatic assault rifle
    in a gun shop window. He inquires about the price
    and is told that it is 2,500. Harry signs a
    contract promising to pay the 2,500 on Friday,
    taking possession of the rifle when payment is
    made. On Thursday, a law is enacted making the
    ownership, sale, or possession of an automatic
    rifle illegal. This contract (Chapter 7)
  • A. automatically terminates due to impossibility
  • B. automatically terminates due to
    impracticability
  • C. automatically terminates due to frustration of
    purpose
  • D. is enforceable and not affected by the new law
    because it was entered into before the law took
    effect
  •  

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Free answers for law 421 final exam
  • 17) Which of the following is classified as an
    equitable remedy? (Chapter 7)
  • A. Consequential damages
  • B. Reformation
  • C. Restitution
  • D. Liquidated damages
  •  
  • 18) Which of the following would not be
    considered tangible? (Chapter 8)
  • A. A car
  • B. Oxygen
  • C. The right of ownership
  • D. The pen or pencil you are using

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Free answers for law 421 final exam
  • 19) Which of the following is rarely awarded in
    contracts cases?
  • A. Consequential damages
  • B. Compensatory damages
  • C. Punitive damages
  • D. Liquidated damages

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Free answers for law 421 final exam
  • 20) With regard to consideration in a sales
    contract, the UCC differs from the common law in
    that (Chapter 8)
  • A. consideration in a sales contract may be
    modified without additional consideration
  • B. consideration exchanged must be equal or very
    closely equal in sales contracts
  • C. consideration is not required in sales
    contracts
  • D. consideration in a sales contract may be
    modified as long as additional consideration is
    provided
  •  

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Free answers for law 421 final exam
  • 21) The UCC will permit an incomplete or slightly
    ambiguous contract to be enforced using each of
    the following criteria EXCEPT (Chapter 8)
  • A. past commercial conduct
  • B. industry standards or norms
  • C. judicial input of any terms necessary to
    maintain fairness
  • D. correspondence or verbal exchanges between the
    parties

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Free answers for law 421 final exam
  • 22) Two merchant companies have entered into a
    contract for the sale of goods but have had no
    prior dealings, which would establish a course of
    conduct between them. The UCC will allow gap
    fillers to apply to their contract regarding
    missing terms in each of the following situations
    EXCEPT (Chapter 8)
  • A. they have failed to specify when payment for
    the goods is to be made
  • B. they have failed to specify where delivery of
    the goods is to be made
  • C. they have failed to specify the quality or
    grade of the goods to be delivered
  • D. they have failed to specify the price of the
    goods to be delivered
  •  

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Free answers for law 421 final exam
  • 23) When a buyer rejects nonconforming goods and
    purchases the appropriate goods from a different
    seller, this is an example of which of the
    following (Chapter 8)
  • A. Cover
  • B. Specific Performance
  • C. Lawsuit for Money Damages
  • D. Revoking Acceptance

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Free answers for law 421 final exam
  • 24) Which of these is not a requirement for
    disclaiming a warranty? (Chapter 8)
  • A. Statutory authorization
  • B. A conspicuous writing
  • C. Explaining why the warranty is being
    disclaimed
  • D. Including the word merchantability if
    merchantability is to be disclaimed
  •  
  • 25) "What if everyone took these same actions" is
    a question sometimes called the (Chapter 5)
  • A. universalization approach
  • B. utilitarian approach
  • C. functionality approach
  • D. morality approach

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Free answers for law 421 final exam
  • 26) The utilitarian approach to moral philosophy
    was founded by (Chapter 5)
  • A. Jeremy Bentham
  • B. Immanuel Kant
  • C. Cicero
  • D. Kenneth Lay
  •  

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Free answers for law 421 final exam
  • 27) Stan is an investment manager. He has
    received money from various investors with a
    promise of very high returns on their
    investments. The invested money is not supplying
    enough capital in order to pay the returns
    promised, so he has started using new investor's
    money to pay older investors. By advertising and
    by word of mouth, people are anxious to invest
    with Stan because of the money being paid, and
    with the influx of new investors, he is able to
    continue operating. Stan is (Chapter 22)
  • A. operating an insider trading operation
  • B. racketeering
  • C. guilty of conspiracy to defraud
  • D. operating a Ponzi scheme

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Free answers for law 421 final exam
  • 28) Ben is the manager of a branch of a large
    bank. He has regularly taken money from
    customer's accounts for his own use and changed
    the bank records to cover his actions. Ben is
    guilty of
  • A. a conspiracy
  • B. a Ponzi scheme
  • C. racketeering
  • D. embezzlement
  •  

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Free answers for law 421 final exam
  • 29) The Sarbanes-Oxley Act (2002) imposed
    stricter regulations on how corporations do
    business through regulations in each of the
    following areas EXCEPT (Chapter 16)
  • A. tax compliance
  • B. financial reporting
  • C. corporate governance
  • D. auditing

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Free answers for law 421 final exam
  • 30) Joan is the CFO of Para Corp. and is a year
    from retirement. In order to guarantee herself a
    very substantial bonus and to boost her
    retirement package, she knowingly certifies false
    financial reports making the company appear to be
    much more profitable than it really is. She
    further takes steps to assure that the financial
    report was not reviewed through internal controls
    maintained by Para Corp. Under the provisions of
    the Sarbanes-Oxley Act (2002), if her fraud is
    NOT part of a larger scheme, what criminal
    penalties are possible for Joan? (Chapter 16)
  • A. 1 million in fines and up to 10 years in
    prison
  • B. 2 million in fines and up to 12 years in
    prison
  • C. 5 million in fines and up to 15 years in
    prison
  • D. 10 million in fines and up to 20 years in
    prison

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About Author
  • This article covers the topic for the University
    of Phoenix LAW 421 Final Exam.
  • The author is working in the field of education
    from last 5 years. This article covers the basic
    of LAW 421 class from UOP. Other topics in the
    class are as follows
  • LAW 421 - Week 1 - Role and Functions of Law
    Paper
  • LAW 421 - Week 2 - Addressing International Legal
    and Ethical Issues Simulation Summary
  • LAW 421 - Week 3 - Case Scenarios BUGusa, Inc.
  • LAW 421 - Week 4 - Case Scenario Big Time
    Toymaker
  • LAW 421 - Week 5 - Case Scenarios Grocery, Inc.,
    Presentation
  • For further information on the above topics you
    can always visit the website www.StudentWhiz.com

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