ETH 321 Week 1 Knowledge Check

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ETH 321 Week 1 Knowledge Check
ETH 321 Week 1 Knowledge Check
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Year: 2015
  • Description

ETH 321 Week 1 Knowledge Check

Week 1 Knowledge Check

The material presented below is not meant to be a comprehensive list of all you need to know in the content area. Rather it is a starting point for building your knowledge and skills. Additional study materials are recommended in each area below to help you master the material.

Personalized Study Guide Results:

Score: 9/ 9

Concepts Mastery Questions

Purposes of law 100% • 1

  • 2• 3

The role and structure of the American judiciary 100% • 4

  • 5• 6

Forms of alternative dispute resolution 100% • 7

  • 8• 9

Concept: Purposes of law

Mastery : 100% Questions : • 1

  • 2• 3

Materials on the concept:

  • Purposes of Law
  • Introduction to Law

1.

What has been one of the focus areas of law in the United States over the past few decades?

  • A.

Removing antidiscrimination laws

  • B.

Moving away from the domain of education

  • C.

Guaranteeing consistency and equality

  • D.

Promoting the domination of tribal societies

2.

Identify the true statement about the role of law in the United States.

  • A.

The law has no influence on commerce and business transactions.

  • B.

The law is yet to introduce legal mechanisms to ensure equality in the workplace.

  • C.

The law plays a role in fostering trust and reliability among merchants and consumers.

  • D.

The focus of law has now significantly shifted to domination and power.

3.

Which of the following is one of the purposes of law today?

  • A.

Acting as a change agent for commerce

  • B.

Promoting domination

  • C.

Embracing discrimination laws

  • D.

Excluding commercial transactions from the purview of law

Concept: The role and structure of the American judiciary

Mastery : 100% Questions : • 4

  • 5• 6

Materials on the concept:

  • Role and Structure of the Judiciary
  • The American Judicial System, Jurisdiction, and Venue
  • State Appellate Courts
  • U.S. District Courts

4.

Identify the true statement about the American judiciary.

  • A.

All courts interpret laws and take decisions independently.

  • B.

Certain courts have the duty to evaluate the actions of other courts.

  • C.

All courts are charged with the responsibility of judicial review.

  • D.

Every court has the authority to hear all kinds of cases.

5.

What is the function of an appellate court?

  • A.

To review petitions filed by losing parties

  • B.

To review the actions of federal courts

  • C.

To conduct trial proceedings for lawsuits

  • D.

To conduct trials for issues involving violations of federal statutes

6.

Identify the courts that conduct primary trials for issues that involve federal matters such as federal regulations and statutes. The courts also hear a range of matters and provide decisions that are binding only on the parties involved.

  • A.

Appellate courts

  • B.

Circuit Courts of Appeal

  • C.

U.S. District Courts

  • D.

State trial courts

Concept: Forms of alternative dispute resolution

Mastery : 100% Questions : • 7

  • 8• 9

Materials on the concept:

  • Alternative Dispute Resolution
  • Arbitration
  • Mediation
  • Expert Evaluation

7.

What is true about arbitration as an alternative form of dispute resolution?

  • A.

The arbitrator functions like a judge in a standard trial.

  • B.

The arbitrator is not authorized to demand the testimony of witnesses in any dispute.

  • C.

The arbitrator’s final decision must be approved by a higher court.

  • D.

The arbitrator’s decision cannot be questioned under any circumstances.

8.

Sigma Inc. and Beta LLC. are two companies involved in a dispute. Both companies have agreed to appoint a third party, an attorney, to listen to their arguments and help them reach an agreement. The third party, however, will not render any kind of decision for the two parties involved. What type of alternative form of dispute resolution is being used by Sigma Inc. and Beta LLC.?

  • A.

Arbitration

  • B.

Mediation

  • C.

Expert evaluation

  • D.

Trial

9.

In certain cases, the legal issues involve the intricacies of a specific industry or profession. In such cases, which type of alternative dispute resolution is used in which a neutral professional is hired to assess and evaluate facts and arguments. The professional is expected to come up with an appropriate solution or recommendation. The professional could also collect more information, if required, for the case.

  • A.

Mediation

  • B.

Negotiation

  • C.

Standing

  • D.

Expert evaluation

ETH/321

ETHICAL AND LEGAL TOPICS IN BUSINESS