Acc 280 final examination

Acc 280 final examination

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Acc 280 final examination

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Professor York is interested in determining the proportion of students at Oxnard University that watch more than 10 hours of television each week

Use the following to answer 44-45
Professor York is interested in determining the proportion of students at Oxnard University that watch more than 10 hours of television each week. He randomly surveyed 240 students, and found that 150 of the students surveyed watch more than 10 hours of television weekly.
44. Develop a 95% confidence interval to estimate the true proportion of students who watch more than 10 hours of television each week. The confidence interval is
A) .533 to .717.
B) .564 to .686.
C) .552 to .698.
D) .551 to .739.
45. How many additional samples would Professor York have to take to estimate the proportion of all Oxnard University students who watch more than 10 hours of television each week to within 3% with 99% reliability?
A) 761
B) 1001
C) 1488
D) 1728
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

Federal insurance wants to estimate the cost of damage to cars due to accidents. The standard deviation of the cost is estimated at $200

Federal insurance wants to estimate the cost of damage to cars due to accidents. The standard deviation of the cost is estimated at $200. They want to estimate the mean cost using a 95% confidence interval within ±$10. What is the minimum sample size n?

A) n <500

B) 500≤ n <1000

C) 1000≤ n <1500

D) 1500≤ n <2000

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

DOWNLOAD 4 Sets of RES341 FINAL EXAM ANSWERED: Click HERE

An airport traffic analyst wants to estimate the proportion of daily takeoffs by small business jets (as opposed to commercial passenger jets)

An airport traffic analyst wants to estimate the proportion of daily takeoffs by small business jets (as opposed to commercial passenger jets) with an error of * 4 percent with 90 percent confidence. What sample size should the analyst use?
A) 385
B) 601
C) 410
D) 423
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

In a large lecture class, the professor announced that the range of scores on a recent exam was from 51 to 87. How many students would you need to sa

In a large lecture class, the professor announced that the range of scores on a recent exam was from 51 to 87. How many students would you need to sample to estimate the true mean score for the class with 90 percent confidence and an error of ± 2?
A) about 17 students
B) about 55 students
C) about 35 students
D) about 188 students
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

company wants to estimate the time its trucks take to drive from city A to city B. Assume that the standard deviation is known to equal 12 minutes

A company wants to estimate the time its trucks take to drive from city A to city B. Assume that the standard deviation is known to equal 12 minutes. What is the sample size required in order that the probability of making an error of more than 2 minutes will not exceed 5 percent?
A) 12 observations
B) 139 observations
C) 36 observations
D) 129 observations
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation estimated to be $300

financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 99 percent confidence interval is used and an interval of $75 is desired, how many cardholders should be sampled?

A) 3382

B) 629

C) 87

D) 107

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

DOWNLOAD 4 Sets of RES341 FINAL EXAM ANSWERED: Click HERE

Jolly Blue Giant Health Insurance (JBGHI) is concerned about rising lab test costs and would like to know what proportion of the positive lab tests

Jolly Blue Giant Health Insurance (JBGHI) is concerned about rising lab test costs and would like to know what proportion of the positive lab tests for prostate cancer are actually proven correct through subsequent biopsy. JBGHI demands a sample large enough to ensure an error of ± 2% with 90% confidence. What is the necessary sample size?
A) 4,148
B) 2,401
C) 1,692
D) 1,604
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval

In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is
A)  .0288
B)  .0105
C)  .0211
D)  .0196
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

conservative sample size required for a 90% confidence interval with an error of 0.04 is

The conservative sample size required for a 90% confidence interval with an error of  0.04 is
A) 271
B) 423
C) 385
D) 601
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value

In a right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value?

A) .4292

B) .0708

C) .0874

D) .0301

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

DOWNLOAD 4 Sets of RES341 FINAL EXAM ANSWERED: Click HERE

poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice

A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice?

A)  .04472

B)  .07357

C)  .08765

D)  .08944

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

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For a one-tailed test of hypothesis for a single population mean with 13 degrees of freedom, the value of the test statistic was 1.863. The p-value is

For a one-tailed test of hypothesis for a single population mean with 13 degrees of freedom, the value of the test statistic was 1.863. The p-value is
A) between .05 and .025.
B) between .10 and .05.
C) greater than .10.
D) less than .001.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

Which of the following is not a characteristic of the t distribution?

Which of the following is not a characteristic of the t distribution?

A) It is a continuous distribution.

B) It has a mean of 0.

C) It a symmetric distribution.

D) It approaches z as n approaches zero

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

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In constructing a 95% confidence interval, if you increase n to 4n, the width of your confidence interval will

In constructing a 95% confidence interval, if you increase n to 4n, the width of your confidence interval will

A) be four times narrower.

B) be two times wider.

C) be two time narrower

D) be four times wider

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

DOWNLOAD 4 Sets of RES341 FINAL EXAM ANSWERED: Click HERE

To estimate the average annual expenses of students on books and class materials a sample of size 100 is taken

To estimate the average annual expenses of students on books and class materials a sample of size 100 is taken. The average is $250 and the standard deviation is $40. A 99% confidence interval for the population mean is
A) $243.42 to $256.58.
B) $230 to $270.
C) $147.20 to $352.80.
D) $239.72 to $260.28
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

To determine a 72 percent level of confidence, the value of z is

To determine a 72 percent level of confidence, the value of z is

A) 1.08

B) 1.65

C) 0.77

D) 1.55

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

DOWNLOAD 4 Sets of RES341 FINAL EXAM ANSWERED: Click HERE

highway inspector needs an estimate of the mean weight of trucks crossing a bridge on the Interstate highway system

A highway inspector needs an estimate of the mean weight of trucks crossing a bridge on the Interstate highway system. She selects a random sample of 49 trucks and finds a mean of 15.8 tons with a sample standard deviation of 3.85 tons. The 90 percent confidence interval for the population mean is
A) 14.72 to 16.88 tons.
B) 14.90 to 16.70 tons.
C) 14.69 to 16.91 tons.
D) 14.89 to 16.72 tons.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

We could narrow the confidence interval by using 90% confidence

We could narrow the confidence interval by
A) using 90% confidence.
B) using a larger sample.
C) either of these.
D) using 93% confidence.
RES / 341 RES/341 RES341 RES 341

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A random sample of 16 ATM transactions at the Last National Bank of Flatrock revealed a mean transaction time of 2.8 minutes with a standard deviation

Use the following to answer 26-27
A random sample of 16 ATM transactions at the Last National Bank of Flatrock revealed a mean transaction time of 2.8 minutes with a standard deviation of 1.2 minutes.
26. The width (in minutes) of the 95% confidence interval for the true mean transaction time is
A)  0.639
B)  0.588
C)  0.300
D)  2.131
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

The owner of Limp Pines Resort wanted to know the average age of its clients. A random sample of 25 tourists is taken

The owner of Limp Pines Resort wanted to know the average age of its clients. A random sample of 25 tourists is taken. It shows a mean age of 46 years with a standard deviation of 5 years. The width of a 98 percent CI for the true mean client age is approximately

A) * 2.06 years.

B) * 2.33 years.

C) * 2.49 years.

D) * 2.79 years.

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

Download A+ Quiz # 3 : Click HERE

The Central Limit Theorem (CLT) implies

The Central Limit Theorem (CLT) implies

A) that the population will be approximately normal if n  30.

B) that repeated samples must be taken.

C) that the standard error of the mean gets larger as n increases.

D) None of the above.

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

DOWNLOAD 4 Sets of RES341 FINAL EXAM ANSWERED: Click HERE

width of a confidence interval for mu is not affected by

The width of a confidence interval for mu is not affected by

A) The sample size.

B) The confidence level.

C) The standard deviation.

D) The sample mean.

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

Download A+ Quiz # 3 : Click HERE

Which of the following statements is most nearly correct, other things being equal?

Which of the following statements is most nearly correct, other things being equal?
A) If n ≥ 30 a sample mean is within 5% of the true mean.
B) Critical values of z and t are about the same when the mean is large.
C) Quadrupling the sample size roughly halves the standard error of the mean.
D) All of the above statements are generally true.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

ormal population has parameters of

If a normal population has parameters of  = 40 and = 8, then for a sample size n = 4
A) the standard error of the sample mean is approximately 2.
B) the standard error of the sample mean is approximately 4.
C) the standard error of the sample mean is approximately 8.
D) the standard error of the sample mean is approximately 10
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

A sample is taken and a confidence interval is constructed for the mean of the distribution. At the center of the interval is the value of the

A sample is taken and a confidence interval is constructed for the mean of the distribution. At the center of the interval is the value of the
A) sample average

B) population mean

C) a random variable -- neither nor are necessarily at the center.
D) sample average provided the sample is large.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

For a given sample size, the higher the confidence level the A) more accurate the answer. B) smaller the error. C) smaller the interval width.

For a given sample size, the higher the confidence level the
A) more accurate the answer.
B) smaller the error.
C) smaller the interval width.
D) greater the interval width.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

To View all the Questions covered : 4 sets of RES341 Final

The standard error of the mean decreases when A) the sample size decreases. B) the standard deviation increases if n is constant. C) standard

The standard error of the mean decreases when
A) the sample size decreases.
B) the standard deviation increases if n is constant.
C) the standard deviation decreases and n increases.
D) the population size decreases.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

Which method is likely to be used to survey opinions of students about the cleanliness of their dorm restrooms

Which method is likely to be used to survey opinions of students about the cleanliness of their dorm restrooms?
A) Simple random sample.
B) Systematic random sample.
C) Cluster sample.
D) Convenience sample.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

Which of the following is a correct statement?

Which of the following is a correct statement?
A) Creating a list of people by taking the first person listed on every page of the phone book is an example of convenience sampling.
B) An advantage of a systematic sample is that no list of enumerated data items is required.
C) Mail surveys are preferred by many because of their ease of use and low non-response bias.
D) Sample error is the difference between the true parameter and a random number value found in a table.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341
 

A problem with non-probability sampling approaches is

A problem with non-probability sampling approaches is
A) larger samples need to be taken to reduce the sampling error inherent in these approaches.
B) they often do not provide a random sample.
C) they are usually more expensive than probability sampling approaches.
D) they provide less information than probability sampling approaches

RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

A population has groups which have a large amount of variation within them, but small variations among the groups themselves

A population has groups which have a large amount of variation within them, but small variations among the groups themselves. The proper sampling technique is:

A) simple random.

B) cluster.

C) judgement.

D) stratified.

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

Download A+ Quiz # 3 : Click HERE

The advantage(s) of a sample in relation to a census is (are) A) it is less expensive. B) the results are obtained faster. C) Both A and B. D)

The advantage(s) of a sample in relation to a census is (are)
A) it is less expensive.
B) the results are obtained faster.
C) Both A and B.
D) Neither A nor B.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

A probability sample is one in which

A probability sample is one in which
A) the probability of selecting an observation for the sample is the same for all of the population elements.
B) the probability of each element of the population to be selected is known in advance.
C) the probability of selecting a population element depends on the relative size of the strata to which the observation belongs.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

Thirty work orders are selected from a filing cabinet containing 500 work order folders by choosing every 15th folder. Which sampling method is this

Thirty work orders are selected from a filing cabinet containing 500 work order folders by choosing every 15th folder. Which sampling method is this?
A) Simple random sample.
B) Systematic sample.
C) Stratified sample.
D) Cluster sample.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

Before deciding whether to assess heavy fines against noisy airlines, which sampling method would the Federal Aviation Administration

Before deciding whether to assess heavy fines against noisy airlines, which sampling method would the Federal Aviation Administration probably use to estimate the mean peak noise from departing jets as perceived by ground-level observers at a point one mile from the end of the departure runway?

A) Radio survey of pilots.

B) Simple random sample.

C) Cluster sample.

D) Systematic sample.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

Which of the following is true? A) The level of measurement for attribute data is ordinal. B) The duration of a flight from Boston to Minneapolis

Which of the following is true?
A) The level of measurement for attribute data is ordinal.
B) The duration of a flight from Boston to Minneapolis is ratio data.
C) Oxnard University has two Nobel prize-winning faculty is an example of continuous data.
D) Jankord Industries has 6 regional warehouses is an example of ordinal scale data.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

Automobile exhaust emission of CO2 (milligrams per mile) is data. A) nominal. B) ordinal. C) interval. D) ratio.

Automobile exhaust emission of CO2 (milligrams per mile) is ____________ data.
A) nominal.
B) ordinal.
C) interval.
D) ratio.
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

Which is least likely to be regarded as a ratio variable? A) A critic’s rating of a restaurant on a 1 to 4 scale. B) Automobile exhaust emission

Which is least likely to be regarded as a ratio variable?

A) A critic’s rating of a restaurant on a 1 to 4 scale.

B) Automobile exhaust emission of nitrogen dioxide (milligrams per mile).

C) Number of customer complaints per day at a cable TV company office.

D) Cost of an e-Bay purchase.

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

DOWNLOAD 4 Sets of RES341 FINAL EXAM ANSWERED: Click HERE

Your telephone area code is an example of a(n) ____________ variable. A) nominal B) ordinal C) interval D) ratio

Your telephone area code is an example of a(n) ____________ variable.
A) nominal
B) ordinal
C) interval
D) ratio
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

Measurements from a sample are called A) statistics. B) inferences. C) parameters. D) variables.

Measurements from a sample are called

A) statistics.

B) inferences.

C) parameters.

D) variables.

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

Download A+ Quiz # 3 : Click HERE

Which of the following is quantitative data? A) Your gender. B) The brand of cell phone you own. C) Whether you have an American Express card.

Which of the following is quantitative data?

A) Your gender.

B) The brand of cell phone you own.

C) Whether you have an American Express card.

D) The fuel economy (MPG) of your car.

RES / 341 RES/341 RES341 RES 341 QUIZ # 3

(Chapters 2+8 from Applied Statistics in Business and Economics )

DOWNLOAD 4 Sets of RES341 FINAL EXAM ANSWERED: Click HERE

variable least likely to be regarded as ratio data

Which variable is least likely to be regarded as ratio data?
A) Length of time required for a randomly-chosen vehicle to cross a toll bridge (minutes).
B) Weight of a randomly-chosen student (pounds).
C) Number of fatalities in a randomly-chosen traffic disaster (persons).
D) Student’s rating of a professor’s performance (Likert scale).


RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

rates bonds for AardCo InC)

An investment firm rates bonds for AardCo InC) as “B+” while bonds of Xena Corp. are rated “AA.” Which level of measurement does this information represent?
A) Nominal.
B) Ordinal.
C) Interval.
D) Ratio
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )

View Questions Covered : 4 sets of Final Exams RES341

circumstances where an offer cannot be withdrawn under promissory estoppel is also known as:

The circumstances where an offer cannot be withdrawn under promissory estoppel is also known as:

A. The doctrine of detrimental reliance
B. The strict counteroffer rule
C. Irrevocable offers
D. The doctrine of renewable offers

LAW531 LAW/531 LAW 531 Final Exam Examination

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Mr Smith awakens one morning to the sound of construction in his backyard. When he looks out the window, he sees Ajax Construction Co

Mr Smith awakens one morning to the sound of construction in his backyard. When he looks out the window, he sees Ajax Construction Co. apparently erecting a garage on his property. He had not spoken or contracted with Ajax for this service. However, Mr Smith really wanted a new garage, so he let them continue. Later it was discovered that the garage was intended to go next door. Ajax sues Mr Smith for the value of the garage. What is the probable result?

A. Smith wins; there was no contract upon which Ajax could recover, and people are not liable for benefits that are thrust upon them.
B. Smith wins; unjust enrichment does not apply here because Mr Smith had no duty to tell Ajax that it had the wrong house.
C. Ajax wins; this is a case of a contract implied in-fact, and Mr Smith implicity agreed to pay for the garage.
D. Ajax wins; although there is no real contract, this is a case of unjust enrichment, and because Mr Smith accepted the garage, he must pay for it.

LAW531 LAW/531 LAW 531 Final Exam Examination

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Assume that a state passes a statute that prevents disclosure of the horsepower of automobile engines

Assume that a state passes a statute that prevents disclosure of the horsepower of automobile engines. The purpose of this law is to prevent the car companies from trying to market cars with more horsepower than those of their competitors. This statute would most likely be found to:

A. Violate the Equal Protection Clause under intermediary scrutiny.
B. Be constitutional under state police power
C. Be found to violate substantive due process.
D. Be viewed as an unconstitutional restriction of commercial speech.

LAW531 LAW/531 LAW 531 Final Exam Examination

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The school of jurisprudence that believes that free market forces should determine the outcome to lawsuits is

The school of jurisprudence that believes that free market forces should determine the outcome to lawsuits is:

A. The Sociological school
B. The Command school
C. The Critical Legal Studies school
D. The Law and Economics school

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procedures under the Clean Air Act

Which of the following statements best describes the procedures under the Clean Air Act?

A. The state governments set and enforce the standards.
B. Both the federal and state governments set standards and each enforces its own standards.
C. The federal government sets and enforces the standards
D. The federal government sets the standard; the state government enforces the standards; if the state governments do not adequately enforce the standards, the federal government may enforce them.

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unfair and deceptive trade practices are general regulated by the Food and Drug Administration

unfair and deceptive trade practices are general regulated by the:

A. Food and Drug Administration
B. Securities and Exchange Commission
C. Federal Trade Commission
D. Consumer Product Safety Commission

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following is true with regards to arbitration

Which of the following is true with regards to arbitration?

A. Arbitrators enter awards after reaching a decision.
B. More formal evidentiary rules are applied to arbitration hearings.
C. The arbitrator’s decisions are never binding.
D. Many states have adopted the General Arbitration Doctrine in an effort to promote arbitration of disputes at the state level.

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form of alternative dispute resolution that is often used when the parties involved do not want to face one another

________ is a form of alternative dispute resolution that is often used when the parties involved do not want to face one another.

A. Fact-finding
B. Negotiation
C. Mini-trial
D. Conciliation

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Barry buys new sports car. The car sits low to the ground and because of the styling visibility to the rear is limited

Barry buys a new sports car. The car sits low to the ground and because of the styling visibility to the rear is limited. About a month after Barry buys the car, he backs over his pet poodle as he is leaving for work. In his strict liability suit against the car manufacturer, Barry will:

A. Win on the basis of design defect
B. Win on the basis of packaging defect because the car could have been packaged in a differently styled body.
C. Win because driving a sports car is an inherently dangerous activity
D. Lose because he assumed the risk of backing up in a car when he could not see to the rear.

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doctrine that says patent may not be granted if the invention was used by the public for more than a certain period of time prior to the filing of

A doctrine that says a patent may not be granted if the invention was used by the public for more than a certain period of time prior to the filing of the patent application is known as;

A. The public use doctrine
B. The public service doctrine
C. The fair use doctrine
D. The bar to patents doctrine

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accomplished by the Visual Artists Rights Act

What was accomplished by the Visual Artists Rights Act?

A. The fair use doctrine was eliminated with respect to visual works of art.

B. Copyright protection was extended to visual creative works.
C. Copyright protection for visual artwork no longer needed a copyright notice.
D. Artists retained certain rights to limit the reproduction and modification of their works even if the work or copyright is old.

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Burger Prince one of the largest hamburger chains the country and fiercly competitive with well-known chain Captain Hook Seafood House restaurants

Burger Prince is one of the largest hamburger chains in the country and fiercly competitive with the well-known chain of Captain Hook Seafood House restaurants. Captain Hook recently introduced a new line of hamburgers in order to expand beyond seafood. Burger Prince received information that it believed to be reliable indicating that Captain Hook’s burgers contained a substantial amount of fillers. Burger Prince then ran advertisements saying that its pure beef burgers were better than Captain Hooks that used fillers. Which of the following is true?

A. Burger Prince would be liable for invasion of privacy if the formula for Captain Hook’s burgers was not publicly available.
B. This is a case of palming off.
C. Burger Prince is liable for product disparagement because the statement about the use of filler was false.
D. Captain Hook will not be able to win a product disparagement case here.

LAW531 LAW/531 LAW 531 Final Exam Examination

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If there is an area of interstate commerce that the federal government has not chosen to regulate, the states can

If there is an area of interstate commerce that the federal government has not chosen to regulate, the states can:

A. Regulate in that area so long as the state law does not unduly burden interstate commerce.
B. Regulate without restriction in that area.
C. Regulate in that area so long as it first gets the requisite approval from Congress.
D. Not regulate in that area because states cannot pass laws affecting interstate commerce.

LAW531 LAW/531 LAW 531 Final Exam Examination

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Sandy lives on the top floor of a 10-story building in a big city. There is a 30-story apartment building under construction next door to her building

Sandy lives on the top floor of a 10-story building in a big city. There is a 30-story apartment building under construction next door to her building. One morning while eating her corn flakes, a brand new toilet comes crashing through the roof of Sandy’s apartment and injures her. She would like to sue the construction firm, but has no way of finding out or proving what persons were involved or exactly what happened. The doctrine that would most help Sandy is:

A. Res ipsa loquitur
B. Last clear chance
C. Strict liability
D. Comparative negligence

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true regarding mediation

Which of the following is true regarding mediation?

A. A settlement agreement is never reached with a mediator.
B. A mediator often meets with both parties at the same time.
C. A mediator does not make a decision or award.
D. If a settlement agreement is not reached in mediation, then the parties hire a new mediator.

LAW531 LAW/531 LAW 531 Final Exam Examination

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If an LLC fails to follow formalities such as keeping minutes of meetings, then which of the following is true

If an LLC fails to follow formalities such as keeping minutes of meetings, then which of the following is true?

A. This failure will not result in imposing personal liability on any member.
B. All members will lose their limited liability.
C. Only the parties responsible for the failure will lose limited liability.
D. Only the managers of a manager-managed LLC will lose limited liability.

LAW531 LAW/531 LAW 531 Final Exam Examination
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If a corporation is properly incorporated in one state and wants to do business in second state, the corporation

If a corporation is properly incorporated in one state and wants to do business in second state, the corporation:

A. Register with the Interstate Corporation Commission.
B. Must do nothing because being incorporated in one state entitles the corporation to do business in all states.
C. May be required to obtain a certificate of authority from the second state.
D. Must incorporate in the second state.


LAW531 LAW/531 LAW 531 Final Exam Examination

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Which of the following is a distinguishing feature of a common law legal system

Which of the following is a distinguishing feature of a common law legal system?
A. The sole source of law is a comprehensive civil code
B. Requiring guilt be proven beyond a reasonable doubt
C. An appeal process
D. The making of law by the judges and the following of precedent

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