1-Free Flow Products, the largest wholesaler in the area, refuses to sell its products to Papa Gene, Inc., a small retailer. Under antitrust law, this is
- Not a violation
- Subject to the rule of reason
- A deceptive practice
- A per se violation
2- fran and wally do business as partners in Laugh Riot. for federal income tax purposes, Laugh riot would be treated as
- A partnership by estoppel
- A natural person
- A tax-paying entity
- A pass-through entity
3- which of the following demonstrates permanent legal residency in US?
- I-551 Alien Registration Receipt
- I-9 verification
- H-IB visa
- L visa
4- under antitrust law, the reasonableness of an exclusive-dealing contract is never a justifiable defense.
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1-Free Flow Products, the largest wholesaler in the area, refuses to sell its products to Papa Gene, Inc., a small retailer. Under antitrust law, this is Not a violation Subject to the rule of reason A deceptive practice A per se violation 2- fran and wally do business as partners in Laugh Riot. for federal income tax purposes, Laugh riot would be treated as A partnership by estoppel A natural person A tax-paying entity A pass-through entity 3- which of the following demonstrates permanent legal residency in US? I-551 Alien Registration Receipt I-9 verification H-IB visa L visa 4- under antitrust law, the reasonableness of an exclusive-dealing contract is never a justifiable defense. True Fales 5- As presented in class in the movie clip from inside job, leading up to the financial crisis of 2008 investment banks bundled risky home loans into securities called_______ that were then sold to investors. Subprime mortgage Credit default swaps Collateralized debt obligations Adjustable rate mortgage 6- wizbang widgets requires its employees to have at least 2 years of college, claiming a definite connection between 2 years of college and job performance. In a suit against wizbang under the civil rights act of 1964, the plaintiff shows that this job requirements discriminates against a protected class. Wizbang can offer No defense An affirmative action defense A bona fide occupational qualification defense A business necessity 7- Under the business judgment rule a director or officer can be held legally liable for bad (mistaken) business decisions. A-True (Business Judgment Rule: A rule that immunizes corporate management from liability for actions that are undertaken in good faith and are within both the power of the) B-Fales 8- the civil rights act of 1964 prohibits job discrimination against minority and majority group individuals, such as white males True false 9- three small restaurant suppliers with little market power decide together that they…
Bussiness-law….docx
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