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13 terms

BUSL Test 2 Multi Choice

One year
Earl, driving under the influence of alcohol, causes an automobile accident that results in Frank's death. Earl is arrested and charged with a felony. A felony is a crime punishable by death or imprisonment for more than _____.
Federal District court
A failure of the FBI to comply a with reasonable request under the Freedom of Information Act may be challenged in__________.
Jewel's consent or a subpoena
The IRS wants to review the financial reports of Jewel Corp. The IRS can gain access to the reports through__________.
a scheme to defraud and the use of the mail system
For Carla's solicitation of investors in a nonexistant business, she is charged with mail fraud. This requires_________.
Belle only
Applied Manufacturing Company (AMC) intends to employ Belle as an agent. To establish Belle's authority, AMC must notify_________.
Eve, a first bank employee, intentionally deposits into her account checks given to her by bank customers for deposit into the customers' accounts. This is _________.
Implement those goals
With respect to the legislative goals of congress, the principal role of the Small Business Administration and other federal agencies is to____________.
the passage of enabling legislation by an administrative agency
Most federal administrative agencies, like the Food and Drug Administration, are usually created following_________.
a valid offer and a valid acceptance
Sam makes an offer to Tina to enter into a contract. Tina accepts the offer. A valid contract requires________
Words and Conduct
Local delivery service Inc. offers to deliver computers to Micro Store's customers for a certain price. Local's intent to extend a serious offer to Micro is determined by reference to Local's_______
All of the above
Commercial Products Company (CPC) markets its products nationwide. When making a decision CPC must take into account the needs of_______
objective theory of contracts
Bob claims that Carol breeched their contract. Carol responds that she never intended to enter into a contract with Bob. The intent to enter into a contract is determined with reference to_______________.
does not exist
Zipp Company offers to sell "from 1 to 1 million zippers for $1 each" to Wide Load Pants Inc. and specifies that Wide Load should "state the desired number in the acceptance." A contract _________.