Do You Have Basic Idea Of Company Law And Policies?

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Do You Have Basic Idea Of Company Law And Policies? - Quiz

Company Law is the body of law governing the conduct of persons, companies, organizations and businesses. It is a system of rules which a particular company recognizes as regulating the actions of its organization. This quiz has been designed to ascertain how well are you aware of rules and regulations. So, let's try out the quiz. All the best!


Questions and Answers
  • 1. 

    Rules and Regulations set by OSHA, federal, State and local Governmental agencies are known as?

    • A.

      Laws of the land

    • B.

      Statues

    • C.

      Criminal

    • D.

      Common law

    • E.

      Administrative Law

    Correct Answer
    E. Administrative Law
    Explanation
    Administrative Law refers to the rules and regulations set by OSHA, federal, state, and local governmental agencies. These laws are specifically designed to regulate the activities and conduct of these agencies and ensure compliance with their policies and procedures. Administrative Law is different from other types of laws such as criminal law or common law, as it focuses on the administrative processes and procedures followed by government agencies.

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  • 2. 

    Case Law is also known as ______, Is that body of law that is based on tradition, custom, usage, and decisions of the judicial courts.

    • A.

      Criminal

    • B.

      Common law

    • C.

      Administrative Law

    • D.

      Laws of the land

    • E.

      Statues

    Correct Answer
    B. Common law
    Explanation
    Common law refers to the body of law that is derived from judicial decisions and precedents, rather than from statutes or legislation. It is based on tradition, custom, usage, and the decisions made by courts over time. Common law is a key component of the legal systems in many countries, including the United Kingdom and the United States. It provides a framework for resolving disputes and interpreting the law in a consistent and predictable manner.

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  • 3. 

    _____ pertain to the laws enacted by legislative bodies of government, Tax Codes, Voting laws.

    • A.

      Laws of the land

    • B.

      Statutory

    • C.

      Criminal

    • D.

      Common law

    • E.

      Administrative Law

    Correct Answer
    B. Statutory
    Explanation
    Statutory refers to laws that are enacted by legislative bodies of government, such as Tax Codes and Voting laws. These laws are created and passed by the legislature and are written down in a formal manner. Statutory laws are different from common law, which is based on court decisions and precedents, and administrative law, which is created by administrative agencies. Criminal laws, on the other hand, pertain to offenses against society as a whole. Therefore, the correct answer is Statutory.

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  • 4. 

    True or False The term Liability is usually associated with being sued or taken to court by another person or group.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The term liability is commonly used in legal contexts and is indeed associated with being sued or taken to court by another person or group. Liability refers to the legal responsibility or obligation to compensate for any harm, damage, or loss caused to someone else. It typically involves a situation where someone is held accountable for their actions or negligence, resulting in legal consequences such as being sued or taken to court. Therefore, the statement "The term Liability is usually associated with being sued or taken to court by another person or group" is true.

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  • 5. 

    A ______ is a Civil wrong or Injury, the defendant must owe a legal duty to the plaintiff.

    • A.

      Criminal Liability

    • B.

      Civil Liability

    • C.

      Tort Liability

    • D.

      Negligency Liability

    • E.

      Personal Liability

    Correct Answer
    C. Tort Liability
    Explanation
    Tort liability refers to a civil wrong or injury where the defendant has a legal duty towards the plaintiff. This means that the defendant is legally obligated to act in a certain way towards the plaintiff, and if they fail to do so, they can be held liable for any harm caused. Unlike criminal liability, which involves violations of criminal laws, tort liability focuses on compensating the injured party for their losses. Therefore, tort liability is the correct answer as it aligns with the definition provided in the question.

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  • 6. 

    ______ breach of a legal duty is the major issue in most tort liability cases

    • A.

      Criminal Liability

    • B.

      Civil Liability

    • C.

      Tort Liability

    • D.

      Negligency Liability

    • E.

      Personal Liability

    Correct Answer
    D. Negligency Liability
    Explanation
    In most tort liability cases, the major issue is the breach of a legal duty. Negligence liability refers to the failure to exercise reasonable care, resulting in harm or injury to another person. This type of liability is commonly seen in tort cases, where individuals or entities are held responsible for their negligent actions or omissions that caused harm to others. It is important to note that negligence liability is different from criminal liability, which involves intentional wrongdoing or violation of criminal laws.

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  • 7. 

    The basis for all _____ law is the fact that anyone, has the right to sue anyone else,  There need only be an unresolved issue and someone to be held accountable.

    • A.

      Criminal Liability

    • B.

      Civil Liability

    • C.

      Tort Liability

    • D.

      Negligency Liability

    • E.

      Personal Liability

    Correct Answer
    B. Civil Liability
    Explanation
    Civil liability is the correct answer because it refers to the legal responsibility for one's actions or omissions that result in harm or damage to another person or their property. In civil law, individuals or entities can be sued for compensation or other remedies for the harm they have caused. This answer aligns with the statement in the question that anyone has the right to sue anyone else, indicating that civil liability is the basis for this right to seek legal recourse.

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  • 8. 

    True or False The Fireman's Rule is, If a firefighter gets hurt due to fire, the department can go after the property owner for the firefighter getting hurt on his property.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The Fireman's Rule is a legal principle that states that firefighters cannot sue property owners for injuries sustained while responding to a fire. This rule is based on the idea that firefighters willingly assume the risks associated with their profession and therefore cannot hold property owners liable for any harm they may suffer. In other words, the department cannot go after the property owner for the firefighter getting hurt on his property. Therefore, the correct answer is False.

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  • 9. 

    True or False Due to Sovereign immunity Company officers and subordinates may not be held liable for anything.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    False. Sovereign immunity only applies to government entities, not private companies. Company officers and subordinates can be held liable for their actions and can face legal consequences for any wrongdoing.

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  • 10. 

    This is a form consists of any overt, unwanted, or unwelcome sexual behaviour or advances toward a worker by someone who has the power or punishes the worker.

    • A.

      Hostile Work environment

    • B.

      Quid pro quo

    • C.

      Disparate treatment

    • D.

      Affirmative Action

    Correct Answer
    B. Quid pro quo
    Explanation
    Quid pro quo refers to a situation where sexual favors or advances are demanded from a worker in exchange for job benefits or to avoid negative consequences. In this context, the explanation suggests that the form described in the question involves unwanted sexual behavior or advances towards a worker by someone who has the power to punish or reward the worker. Therefore, the correct answer is quid pro quo.

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  • 11. 

    Under EEOC regulations, employers are required to do what is reasonable to accommodate their employees' differences.  Among the differences that must be accommodated, if reasonably possible, are the following Except one

    • A.

      Religious differences

    • B.

      Industry standard

    • C.

      Gender-based

    • D.

      Differences based on permanent physical or mantal impairment

    Correct Answer
    B. Industry standard
    Explanation
    Under EEOC regulations, employers are required to do what is reasonable to accommodate their employees' differences. This means that employers must make accommodations for employees' religious differences, gender-based differences, and differences based on permanent physical or mental impairment. However, they are not required to accommodate industry standards. Industry standards are typically set by the specific industry and are not considered personal differences that require accommodation. Therefore, the correct answer is "Industry standard."

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  • 12. 

    What is the size of the organization need to be at least to apply to ADA rules and Accommodations?

    • A.

      5

    • B.

      10

    • C.

      15

    • D.

      20

    Correct Answer
    C. 15
    Explanation
    The size of the organization needs to be at least 15 in order to apply to ADA rules and accommodations. This suggests that the ADA rules and accommodations are applicable to organizations that have a certain minimum size, and organizations with less than 15 members may not be required to comply with these rules.

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  • 13. 

    Which one is not part of the three forms of communication?

    • A.

      Interpersonal

    • B.

      Oral

    • C.

      American Standard Sign

    • D.

      Written

    Correct Answer
    C. American Standard Sign
    Explanation
    American Standard Sign is not part of the three forms of communication because the three forms mentioned are interpersonal, oral, and written. American Standard Sign refers to American Sign Language (ASL), which is a visual-gestural language used by deaf individuals to communicate. While ASL is a valid form of communication, it is not included in the given options of interpersonal, oral, and written communication.

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  • 14. 

    True or False Interpersonal communication is the communication that takes place between two people who have established a relationship, and it occurs on a daily basis in the life of all people who live in groups.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    Interpersonal communication refers to the exchange of information, feelings, and meaning between two or more people who have a personal relationship. This type of communication is a fundamental part of human interaction and occurs regularly in our daily lives, especially within social groups. Therefore, the statement that interpersonal communication takes place between individuals who have established a relationship and happens daily in the lives of people living in groups is true.

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  • 15. 

    True or False There are only 3 basic Elements in Communication: sender, Message, and receiver.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement is false because there are actually 5 basic elements in communication: sender, message, channel, receiver, and feedback. The channel refers to the medium through which the message is transmitted, and feedback is the response or reaction given by the receiver. These additional elements are crucial in the communication process as they contribute to the overall effectiveness and understanding of the message being conveyed.

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  • 16. 

    The _____ is the the path that a message takes between the sender and the receiver.

    • A.

      Sender

    • B.

      Message

    • C.

      Medium or Channel

    • D.

      Receiver

    • E.

      Interference

    Correct Answer
    C. Medium or Channel
    Explanation
    The medium or channel refers to the physical or virtual means through which a message is transmitted from the sender to the receiver. It can be a tangible medium like a telephone line or a wireless medium like radio waves. The medium or channel acts as a pathway for the message to travel, ensuring its successful delivery from the sender to the intended recipient.

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  • 17. 

    ______ is a factor that prevents the receiver from fully receiving a message.

    • A.

      Sender

    • B.

      Message

    • C.

      Medium or Channel

    • D.

      Receiver

    • E.

      Interference

    Correct Answer
    E. Interference
    Explanation
    Interference refers to any factor that obstructs or hinders the receiver from fully receiving a message. It can include external factors such as noise, distractions, or physical barriers that disrupt the communication process. Interference can also be internal, such as preconceived biases or lack of attention from the receiver. Overall, interference acts as a barrier that prevents the smooth transmission and understanding of a message from the sender to the receiver.

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  • 18. 

    There are five general purposes for interpersonal communication, Which one of these is not one.

    • A.

      Learning

    • B.

      Relating

    • C.

      Playing

    • D.

      Influencing

    • E.

      Evaluting

    Correct Answer
    E. Evaluting
    Explanation
    The given question asks to identify the purpose of interpersonal communication that is not one of the five general purposes listed. The options provided include learning, relating, playing, influencing, and evaluating. Evaluating is the correct answer because it is not typically considered a general purpose of interpersonal communication. Interpersonal communication is primarily focused on establishing connections, exchanging information, influencing others, and building relationships, whereas evaluating refers to the act of assessing or judging something.

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  • 19. 

    Words as Symbols, Research indicates that words only provide the receiver __% per cent of the message.

    • A.

      3

    • B.

      7

    • C.

      27

    • D.

      57

    • E.

      90

    Correct Answer
    B. 7
    Explanation
    Research indicates that words only provide the receiver 7% of the message. This means that words alone are not sufficient to convey the full meaning and intention behind a message. Other factors such as body language, tone of voice, and context play a significant role in communication. Therefore, relying solely on words can lead to misunderstandings and misinterpretations.

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  • 20. 

    Meanings are generalizations rather than concrete or tangible meanings.

    • A.

      Arbitrary

    • B.

      Ambiguous

    • C.

      Abstract

    Correct Answer
    C. Abstract
    Explanation
    Meanings that are abstract are not concrete or tangible, meaning they are not specific or physical. Abstract meanings are generalizations, which means they are broad and not specific to one particular thing. Therefore, the given correct answer for this question is "Abstract".

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  • 21. 

    A Word may not mean the same to all people; meaning may even change over time from generation to generation and region to region.

    • A.

      Arbitrary

    • B.

      Ambiguous

    • C.

      Abstract

    Correct Answer
    A. Arbitrary
    Explanation
    The word "arbitrary" means that something is based on personal discretion or random choice, rather than being determined by any specific reason or rule. In the context of the given statement, it suggests that the meaning of a word can vary and be subject to individual interpretation. This is because different people may assign different meanings to the same word, and these meanings can also change over time and across different regions or generations. Therefore, the meaning of a word can be considered arbitrary, as it is not fixed or universally agreed upon.

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  • 22. 

    When Dealing with a Monochronic type this would mean

    • A.

      The concept explains why meeting must begiin on time and why it is not acceptabe to be late

    • B.

      Do not place restrictions on time

    Correct Answer
    A. The concept explains why meeting must begiin on time and why it is not acceptabe to be late
    Explanation
    In a monochronic type of culture, time is highly valued and seen as a limited resource. This means that punctuality is important and being late is considered disrespectful. The concept of monochronicity emphasizes the need for meetings to start on time and the expectation that individuals should prioritize and manage their time effectively. It does not place any restrictions on time itself, but rather emphasizes the importance of adhering to schedules and being on time.

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  • 23. 

    True or False Hearing- the active part of the communication process that includes attending, understanding, remembering, evaluating, and responding to a speaker.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement is false because hearing refers to the physical ability to perceive sound, while the active part of the communication process that includes attending, understanding, remembering, evaluating, and responding to a speaker is known as listening. Listening involves not only hearing the words but also actively engaging with the speaker's message.

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  • 24. 

    In the five parts to Listening skills, this one has to do is basically paying attention to the message

    • A.

      Attending

    • B.

      Understanding

    • C.

      Remembering

    • D.

      Evaluting

    • E.

      Responding

    Correct Answer
    A. Attending
    Explanation
    Attending refers to the act of actively focusing and paying attention to the message being conveyed. It involves giving the speaker your undivided attention, maintaining eye contact, and displaying non-verbal cues such as nodding or leaning forward to show that you are engaged in the conversation. Attending is an important aspect of listening skills as it demonstrates respect and interest in the speaker's message, allowing for effective communication and understanding.

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  • 25. 

    In the five parts of listening skills, ____ the message involves critically analyzing the message to determine how factual it really is.

    • A.

      Attending

    • B.

      Understanding

    • C.

      Remembering

    • D.

      Evaluting

    • E.

      Responding

    Correct Answer
    D. Evaluting
    Explanation
    135

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  • 26. 

    What is the Greatest distraction to a listener is?

    • A.

      Noise-producing equipment

    • B.

      Internal Voice

    • C.

      Cell phones, pagers, and radios

    • D.

      Visual distractions such as posters on the wall

    Correct Answer
    B. Internal Voice
    Explanation
    The internal voice refers to the thoughts and inner dialogue that a person has in their mind. It can be a major distraction for a listener because it diverts their attention away from the speaker and the message being conveyed. When the internal voice is active, the listener may be preoccupied with their own thoughts, making it difficult to fully focus and comprehend what is being said. This distraction can hinder effective communication and understanding between the speaker and the listener.

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  • 27. 

    Barriers to listening, which is not one,

    • A.

      Ambiguous

    • B.

      Information overload

    • C.

      Personal concerns

    • D.

      Outside distractions

    • E.

      Prejudice

    Correct Answer
    A. Ambiguous
    Explanation
    Ambiguous information refers to unclear or confusing messages that can hinder effective listening. When information is ambiguous, it becomes difficult for the listener to understand the intended meaning, leading to misinterpretation or misunderstanding. This barrier can arise from vague language, lack of context, or unclear delivery. It is important to eliminate ambiguity in communication to ensure that the message is accurately received and understood.

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  • Current Version
  • Mar 21, 2023
    Quiz Edited by
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  • Apr 06, 2010
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    Kwfire
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