SESSION:14 Securities Regulation
Answer Key
Session:14 Securities Regulation Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. Laissez faire, as popularized by Scottish economist Adam Smith and British philosopher Herbert Spencer, describes an economic philosophy that markets function best […]
SESSION:13 International Law
Answer Key
Session:13 International Law Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. International law relates to the policies and procedures that govern relationships among nations. 3. The European Union (EU) is a regional international […]
SESSION:12 Unfair Trade Practices and the Federal Trade Commission
Answer Key
Session:12 Unfair Trade Practices and the Federal Trade Commission Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. The term “unfair trade practice” describes the use of deceptive, fraudulent, or unethical methods to gain […]
SESSION:11 Antitrust Law
Answer Key
Session:11 Antitrust Law Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. b 3. Naked restraint occurs as contracts promote a general restraint of competition. If the restraint was created with a goal of […]
SESSION:10 Government Regulation
Answer Key
Session:10 Government Regulation Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. Administrative law is also referred to as regulatory and public law. It is the law that is related to administrative agencies. Administrative […]
SESSION:9 Employment and Labor Law
Answer Key
Session:9 Employment and Labor Law Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. Compared to other countries in the West, stringent and extensive employee protections came fairly late to the United States. Up […]
SESSION:8 Sales Contracts
Answer Key
Session:8 Sales Contracts Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. A sales contract is a specific type of contract in which one party is obligated to deliver and transfer ownership of a […]
SESSION:7 Contract Law
Answer Key
Session:7 Contract Law Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. A contract is defined as an agreement between two or more parties that is enforceable by law. 3. d 5. b 7. […]
SESSION:6 The Tort System
Answer Key
Session:6 The Tort System Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. Torts are wrongs committed against others who suffer some form of damage as a result. 3. d 5. a 7. b […]
SESSION:5 Criminal Liability
Answer Key
Session:5 Criminal Liability Answer Key Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. White collar crimes are characterized by deceit, concealment, or violation of trust. They are committed by business professionals. They generally involve fraud, […]