Bus311 Quiz 5

Grading Summary
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the “Details” section below.
Date Taken: 7/10/2011
Time Spent: 2 h , 06 min , 40 secs
Points Received: 19 / 20 (95%)
Question Type: # Of Questions: # Correct:
True/False 4 4
Multiple Choice 16 15
Grade Details
1. Question :

When a host country takes title to all of the assets of a foreign company and provides compensation to the owners of the foreign company, it is called:
Student Answer: confiscation
CORRECT expropriation
exclusion
domestication
Points Received: 1 of 1
Comments:

2. Question :

The restrictions some countries place on the number and kinds of products that may enter their nation in order to maintain a positive balance of trade is known as:
Student Answer: tariffs
CORRECT quota systems
INCORRECT trade sanctions
boycotts
Points Received: 0 of 1
Comments:

3. Question :

A physician can be found to be negligent for any of the following except:
Student Answer: failure to order appropriate tests
failure to prescribe appropriate medications
failure to render an accurate prognosis
CORRECT failure to treat all patients equally
Points Received: 1 of 1
Comments:

4. Question :

Businesses that create pollution may be required to pay a fine, however they cannot be found liable for negligence.
Student Answer: True
CORRECT False
Points Received: 1 of 1
Comments:

5. Question :

The charter of the United Nations expressly allows trade sanctions and embargoes.
Student Answer: CORRECT True
False
Points Received: 1 of 1
Comments:

6. Question :

The phase of drug testing that the safety and effectiveness of the drug is evaluated in trials involving a great number of people is:
Student Answer: Phase I
Phase II
CORRECT Phase III
Phase IV
Points Received: 1 of 1
Comments:

7. Question :

Pursuant to the Clean Air Act, a standard which serves to protect human life and health is a:
Student Answer: secondary standard
principal standard
derived standard
CORRECT primary standard
Points Received: 1 of 1
Comments:

8. Question :

The federal agency responsible for the safety of automobiles sold in the United States is the:
Student Answer: CORRECT NHTSA
CPSC
FDA
EPA
Points Received: 1 of 1
Comments:

9. Question :

A plaintiff must establish all of the following in order to be successful in proving the defendants negligence in a product liability lawsuit except:
Student Answer: proximate cause
duty
CORRECT intention
breach
Points Received: 1 of 1
Comments:

10. Question :

A hazardous condition that exists throughout an entire product line is a:
Student Answer: failure to warn
CORRECT design defect
inherent hazard
product flaw

Points Received: 1 of 1
Comments:

11. Question :

A professionals improper or immoral conduct in the performance of his or her duties through carelessness or lack of knowledge is considered to be:
Student Answer: misbehavior
CORRECT malpractice
misdemeanor
misconduct
Points Received: 1 of 1
Comments:

12. Question :

When a host country mandates that at least partial ownership of a foreign company be sold to local citizens or companies prior to the foreign companys conducting business within the host countrys borders, it is called:
Student Answer: confiscation
expropriation
exclusion
CORRECT domestication
Points Received: 1 of 1
Comments:

13. Question :

Countries that enact laws prohibiting trade with specific countries are said to be using:
Student Answer: tariffs
quota systems
CORRECT trade sanctions
boycotts
Points Received: 1 of 1
Comments:

14. Question :

In a product liability lawsuit, the plaintiff must show that the defendant either acted improperly, or failed to act.
Student Answer: CORRECT True
False
Points Received: 1 of 1
Comments:

15. Question :

A financial planners unreasonably excessive buying or selling of securities to generate commissions is known as:
Student Answer: unauthorized trading
fraud or misrepresentation
CORRECT churning
failure or delay in processing
Points Received: 1 of 1
Comments:

16. Question :

Damage to the ozone layer in the atmosphere is cause by:
Student Answer: the greenhouse effect
acid rain
space junk
CORRECT chlorofluorocarbons
Points Received: 1 of 1
Comments:

17. Question :

Psychiatrists who learn from a patient that he or she intends to do harm to another has the legal responsibility to the patient to maintain confidentiality and cannot disclose such information to authorities.
Student Answer: True
CORRECT False
Points Received: 1 of 1
Comments:

18. Question :

To help allay costs in addressing environmentally scarred land CERCLA created a fund known as the:
Student Answer: Toxic Waste Trust Fund
Superfund
CORRECT Hazardous Substance Trust Fund
Environmental Cleanup Fund
Points Received: 1 of 1
Comments:

19. Question :

A financial planners intentional or negligent misstatement or non-disclosure of a material fact relating to an investment is known as:
Student Answer: unauthorized trading
CORRECT fraud or misrepresentation
churning
failure or delay in processing
Points Received: 1 of 1
Comments:

20. Question :

Sulfur emissions cause pollutants to be discharged into the atmosphere and result in:
Student Answer: the greenhouse effect
CORRECT acid rain
ozone depletion
chlorofluorocarbons
Points Received: 1 of 1
Comments:

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