BUSINESS LAW - MIDTERM EXAM.pdf - BUSINESS LAW MIDTERM EXAM...

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10/24/2019BUSINESS LAW - MIDTERM EXAM1/4True/FalseIndicate whether the statement is true or false.1. The common law governs all areas not covered by statutory or administrative law.2. Stare decisis is a doctrine obligating judges to follow precedents established within their jurisdictions.3. An arbitrator can never render a legally binding decision.4. A court may depart from a precedent if the court decides that the precedent should no longer be followed.5. After a decision has been rendered in a case, neither party may file an appeal6. A plaintiff is a person against whom a lawsuit is brought.7. Most lawsuits are settled or dismissed before they go to trial8. The Bill of Rights protects individuals against various types of interference by the federal government.9. Doing substantial business in a jurisdiction exclusively over the Internet is not enough to supportjurisdiction over an out-of-state defendant.10. A long arm statute is a state law that permits courts to obtain jurisdiction over out-of-state defendants.11. The courts act as a check on the other branches of government12. Ethics is the branch of philosophy that focuses on what constitutes right and wrong behavior.13. Publishing false information about another's product is conversion.14. An individual's right to privacy includes the exclusive use of his or her identity.15. An action may be legal but not ethical.16. Under the doctrine of comparative negligence, both the plaintiff's and the defendant's negligence are takeninto consideration.17. False imprisonment occurs when a person restrains another intentionally and without justification.18. There is no federal law that prohibits the unauthorized commercial use of a trademark.19. Using a domain name that is identical or similar to the trademark of another is legal20. The Berne Convention provides an American who writes a book with copyright protection in everycountry in the world.

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