LAW531 final exam - LAW/531 Final Exam 1 Which of the...

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LAW/531 Final Exam 1 Which of the following applies to trade restraints that are inherently anticompetitive? The per se rule 2 Which of the following is a remedy that requires the breaching party to perform the acts promised in a contract? Specific performance 3 Which of the following is a difference between embezzlement and larceny? Embezzlement is the stealing of property by a person to whom the property was entrusted, whereas larceny is the stealing of property by a person not entrusted with it 4 Which of the following is a difference between arbitration and mediation? An arbitrator is authorized to issue an award, whereas a mediator can only assist in reaching a settlement. 5 The manifestation of the substance of a contract by two or more individuals is called An agreement 6 Which of the following is an advantage of franchising? It allows businesses to reach profitable new markets 7 Which of the following is a category of torts? Strict liability 8 Insider trading is considered illegal because: it limits investment opportunities for the investing public. 9 Which of the following scenarios is an example of law and ethics contradicting each other?
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