Business Law And Ethics Test Quiz Part- I

50 Questions | Total Attempts: 381

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Business Law And Ethics Test Quiz Part- I

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Questions and Answers
  • 1. 
    Which of the following is a type of larceny?
    • A. 

      Robbery

    • B. 

      Murder

    • C. 

      Conspiracy

    • D. 

      Extortion

  • 2. 
    What are the four factors of production that cause business ethics to be impugned?
    • A. 

      Land, Trade, Ideas, Honesty

    • B. 

      Land, Labor, Capital and Technology

    • C. 

      Labor, Entrepreneurship, Monetary Engagement, Ethical Decision Making

    • D. 

      Capitol, Ideas, Honesty, Righteousness

  • 3. 
    Which government agency is responsible for handling systemic issues related to business ethics?
    • A. 

      President of the United States

    • B. 

      Exxon Mobil Incorporate

    • C. 

      Securities and Exchange Commission (SEC)

    • D. 

      Federal Depository

  • 4. 
    Which of the following is best considered the first example of globalization?
    • A. 

      McDonald's Corporation

    • B. 

      Walmart

    • C. 

      The Silk Road

    • D. 

      Europeans Sailing Across the Atlantic Ocean

  • 5. 
    What is the age where children are considered beyond the age of reason?
    • A. 

      Seven (7)

    • B. 

      Twenty-One (21)

    • C. 

      Eighteen (18)

    • D. 

      Fifteen (15)

  • 6. 
    Globalization is best defined as the...
    • A. 

      Restriction of goods and services in production

    • B. 

      Free flowing of goods and services through international borders

    • C. 

      The violation international treaties and patents

    • D. 

      The ability to enslave the American worker

  • 7. 
    Which of the following companies engaged in a criminal conspiracy to defraud the public?
    • A. 

      NBC

    • B. 

      Disney Corporation

    • C. 

      Enron

    • D. 

      Patent Mac Incorporated

  • 8. 
    Which court would the Bernie Madoff Ponzi Scheme case have gone to in the state of Colorado?
    • A. 

      Small Claims Court

    • B. 

      Trial Court

    • C. 

      Appellate Court

    • D. 

      Tribunal Court

  • 9. 
    Which crime is commonly referred to as blackmail?
    • A. 

      Conspiracy

    • B. 

      Identify Theft

    • C. 

      Extortion

    • D. 

      Murder

  • 10. 
    Which of the following is an argument in support of globalization for businesses?
    • A. 

      Cheaper prices = More prosperity for consumers

    • B. 

      The highest cost is being passed on to consumers

    • C. 

      Free Trade = Lower costs of production

    • D. 

      More government intervention

  • 11. 
    What is the maximum amount of money a civil claims court is allowed to render to a plaintiff?
    • A. 

      $1,000

    • B. 

      $4,000

    • C. 

      $1,000,000

    • D. 

      $500,000

  • 12. 
    What is the name of the organization that is responsible for handling trade disputes between countries?
    • A. 

      Globalization

    • B. 

      NAFTA

    • C. 

      WTO

    • D. 

      KFAP

  • 13. 
    How are felonies different from misdemeanors?
    • A. 

      Misdemeanors have limited jail time and a fine

    • B. 

      Serious crime punishable either by confinement for more than one year in a state prison, federal prison, or by execution

    • C. 

      Felonies have little to no jail time

    • D. 

      Misdemeanors are a part of felonies

  • 14. 
    Which one of the following is considered a crime against a property?
    • A. 

      Murder

    • B. 

      Extortion

    • C. 

      Manslaughter

    • D. 

      Embezzlement

  • 15. 
    To litigate is to....
    • A. 

      To arrest a person

    • B. 

      To take a person to court

    • C. 

      To steal from a person

    • D. 

      To exact revenge from another person who has wronged you previously

  • 16. 
    Which court is the first court a person will face if accused of a crime?
    • A. 

      Trial Court

    • B. 

      Civil Claims Court

    • C. 

      Supreme Court

    • D. 

      Appeals Court

  • 17. 
    Which of the following is considered a multinational corporation?
    • A. 

      McDonald's

    • B. 

      King Soopers

    • C. 

      Safeway Market

    • D. 

      Denver Nuggets

  • 18. 
    What does the word alleged means in relation to court proceedings?
    • A. 

      The guilt of a defendant

    • B. 

      The innocence of a defendant

    • C. 

      The supposed or accused of directed at the defendant

    • D. 

      The health of a defendant

  • 19. 
    What is the term for the pre-trial questioning of opposing parties and witnesses?
    • A. 

      Appellate Review

    • B. 

      Deposition

    • C. 

      Argumentative Review

    • D. 

      Opposition Research Review

  • 20. 
    Which of the following terms means to appear before a judge to provide testimony to a court of law?
    • A. 

      Deposition

    • B. 

      Discovery

    • C. 

      Witness Statement

    • D. 

      Subpeona

  • 21. 
    When a defendant does not pay or adhere to the verdict of the court, the defendant will receive a...?
    • A. 

      Writ of Execution

    • B. 

      Penalty Sentence

    • C. 

      Final Judgment

    • D. 

      Deposition

  • 22. 
    Which two things are interminably linked according to modern scholars?
    • A. 

      Morality and Religion

    • B. 

      Theology and Religion

    • C. 

      Accounting and Religion

    • D. 

      Morality and Economics

  • 23. 
    Who wrote the first official code of laws used by a human civilization?
    • A. 

      Benjamin Franklin and the Founding Fathers of the USA

    • B. 

      Hammurabi

    • C. 

      Louis XIV

    • D. 

      King Adams IV

  • 24. 
    Who are the two great Chinese philosopohers that proposed moral and ethical theories in early Chinese civilization?
    • A. 

      Lao-Tzu and Confucius

    • B. 

      Confucius and Sun-Tzu

    • C. 

      Lao-Tzu and Sun-Tzu

    • D. 

      Emperor Nagasaki

  • 25. 
    Who expressed the moral theory that "God is Dead?"
    • A. 

      Immanuel Kant

    • B. 

      Lao-Tzu

    • C. 

      Confucius

    • D. 

      Nietzsche

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