2. Operations Management
3. the united states constitution established the following branches of the...

# Question: the united states constitution established the following branches of the...

###### Question details

The United States Constitution established the following branches of the national (federal) government?

 Legislative, Executive, Judicial, and Administrative Bureaus and Agencies
 Legislative, Executive, Judicial, Administrative Agencies, and the Media
 Legislative, Executive, Judicial
 Legislative, Executive, Judicial, and the Church.

Jill invests $1,000 to buy 10 shares of Good Corporation. The corporation goes bankrupt having no assets and$l million in liabilities. The most Jill can lose is the \$1,000 she invested. This is an example of the corporate characteristic of:

 Limited liability.
 Free transferability of shares.
 Perpetual existence.
 Centralized management.

If a seller breaches a contract for the sale of goods and the buyer then acquires similar goods from another supplier, this is known as the right of:

 Alternate acquisition.
 Specific performance.
 Cover.
 Contract cancellation.

Under the U.S. constitutional system, fundamental constitutional doctrines that seek to prevent an abuse of power by the federal government are:

 The Separation of Powers doctrine
 The division of the federal government into three branches or divisions
 The system of "checks and balances"
 All of the above.

Which is NOT a violation of U.S. anti-trust law?

 Horizontal price-fixing by competitors
 Vertical price-fixing that is not supported by the Rule of Reason
 A group boycott of manufacturers against retailers motivated by economic reasons
 A unilateral refusal to deal by a manufacturer against a retailer who disregards the manufacturer's MSRP (manufacturer's suggested retail price).

Which of the following is not true about limited liability companies?

 Limited liability companies can in some states have only one owner.
 Limited liability company status will ensure tax treatment as a corporation.
 A limited liability company must use the words "limited liability company" in its name or "LLC" or "LC."

Which of the following are required elements to the common law tort of negligence?

 Duty and breach of duty
 Factual and proximate (also called legal) causation
 Damages
 All of the abov
 In order to form a limited liability company, articles of organization must be filed with state.

The best statement of the test applied in determining if a defendant was the proximate cause of the plaintiff’s injuries is:

 Was it foreseeable to the plaintiff that the defendant would engage in this particular conduct?
 Given this particular injury to the plaintiff, was it foreseeable that the defendant was the cause?
 Was it reasonably foreseeable to the defendant that the defendant’s conduct could lead to this kind of injury?
 Was the injury foreseeable to the plaintiff prior to the injury’s occurrence?