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Question 1 2 out of 2 points Java Cafes, Inc., and Kaffe Import Corporation dispute a term in their contract. The least expensive method to resolve the disbetween Java and Kaffe may be Answer Selected Answer: Question 2 2 out of 2 points Following the federal approach (i.e.Federal Arbitration Act), most states enforce agreements to arbitrate disputes between private parties. Answer Selected Answer: True. Question 3 2 out of 2 points Java Cafes, Inc., and Kaffe Import Corporation dispute a term in their contract. If Java and Kaffe have a long- standing business relationship that they would like to continue, a preferred method of settling their dispute may be mediation because Answer Selected Answer: Question 4 2 out of 2 points Global Enterprises, Inc., uses the services of the Internet Corporation for Assigned Names and Numbers (ICANN). ICANN's purpose is to Answer Selected Answer: Question 5 2 out of 2 points Consumer Products, Inc., and Delta Distribution Corporation agree in writing to submit their dispute to arbitration. The Federal Arbitration Act Answer Selected Answer: Question 6 2 out of 2 points Vacation Village enacts an ordinance to allow only a few street vendors to opate in certain areas for the purpose of reducing traffic. A court would likely subject this ordinance to Answer Selected Answer: Question 7 2 out of 2 points The First Amendment does not protect commercial speech as extensively as noncommercial speech. Answer Selected Answer: True. Question 8 2 out of 2 points Mike, an advocate of a certain religion, publishes an article in New Times magazine insisting that Congress base all federal law on his religion's principles. The First Amendment guarantees Mike's freedom of Answer Selected Answer: Question 9 2 out of 2 points Eli, a citizen of Florida, wants to obtain a business license in Georgia. The Georgia state legislature enacts a law that imposes a $2,000 license fee on nonresidents. Georgia residents pay $0. This most likely violates Answer Selected Answer: Question 10 2 out of 2 points The Bill of Rights confers absolute rights, not subject to interpretation by the United States Supreme Court. Answer Selected Answer: False Question 11 2 out of 2 points Starting a sole proprietorship is easier and less costly than starting any other form of business. Answer Selected Answer: True Question 12 2 out of 2 points Riley is interested in buying a franchise from Soft Shoe Corporation. Soft Shoe must disclose material facts that Riley needs to make an informed decision concerning this purchase, according to Answer Selected Answer: Question 13 2 out of 2 points Fay is admitted to Global Associates, an existing partnership. A partnership debt incurred before the date of her admission comes due. Fay is Answer Selected Answer: Question 14 2 out of 2 points One of the advantages of a sole proprietorship is that the owner is not liable for the actions of the business.... View Full Document

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