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Part 1 of 1 – 100.0
Points
Question 1 of 25 4.0
Points
With the adoption of the ____________, the U.S. began to
address the need to prevent, or minimize, workplace accidents and health
hazards.

A.
Securities Act

B.
Occupational Safety and Health Act

C.
Environmental Protection Agency

D.
National Insurance Act

Question 2 of 25 4.0
Points
Employers have __________ been held criminally responsible
for workplace injuries and deaths to workers.

A.
rarely

B.
marginally

C.
mostly
D.
always
Question 3 of 25 4.0
Points
What state has prosecuted more employers for safety
violations than any of the other states combined?

A. New
York

B. Utah

C. Ohio

D.
California
Question 4 of 25 4.0
Points
Elements of human slavery include which of the following? I.
Lack of legal ownership benefits slaveholders today. II. Slaves are controlled
through violence or the threat of violence. III. Debt bondage is not used for
today’s slave market.
A. I
only

B. II
only

C. III
only

D. I
and II only

Question 5 of 25 4.0
Points
When were worker’s compensation laws first adopted in the
United States?

A.
1911-1925

B.
1946, after World War II

C.
1964, the same year as the Civil Rights Act

D. 1972
Question 6 of 25 4.0
Points
Many of the worst workforce hazards are invisible.
A. True
B. False
Question 7 of 25 4.0
Points
According to Henry Shue, firms are not in the business of
protecting the interests of their workers, except when this is a means to
accomplish the organizational objectives.
A. True
B. False

Question 8 of 25 4.0
Points
Which of the following is true about current carbon dioxide
levels?
A. They
are the highest they have been in the past 20 million years.
B. They
are the lowest they have been in the past 360,000 years.
C.
They are the highest they have ever been.
D. They
are the lowest they have ever been.
Question 9 of 25 4.0
Points
Which piece of legislation was passed first?
A. The
Clean Water Act
B.
The Resource Conservation and Recovery Act
C.
The Clean Air Act
D. The
Comprehensive Environmental Response, Compensation, and Liability Act
Question 10 of 25 4.0
Points
Under the ___________ plan, the EPA auctions a set number of
sulfur dioxide emission allowances annually, with each allowance permitting one
ton of emissions.
A.
allocation of resources
B.
tradable permit
C.
green capitalism
D.
shareholder activism
Question 11 of 25 4.0
Points
Shareholder activism includes which of the following?
A. the
proxy system
B.
recommendations with moral authority
C.
preliminary management resistance
D.
all of the above
Question 12 of 25 4.0
Points
Today, shareholder activism within corporations continues to
grow.
A. True
B. False
Question 13 of 25 4.0
Points
The problems facing the EPA now are more blatant and
traceable to a few major industrial sources now than they were 35 years ago,
when the problems were more diffuse and insidious.
A. True
B. False
Question 14 of 25 4.0
Points
Environmentalists have sought to work more closely with
businesses for the past 40 years.
A. True
B. False
Question 15 of 25 4.0
Points
What piece of legislation outlawed “unfair methods of
competition and unfair or deceptive acts and practices”?
A.
Federal Trade Act of 1914
B.
Lanham Act of 1946
C.
Federal Food and Drug Act of 1953
D. The
Learned Intermediary Rule
Question 16 of 25 4.0
Points
The Prescription Information Law of 2006 was passed to:
A. aid
pharmaceutical companies in obtaining information about patients’ prescription
requirements.

B.
protectpatent and physician privacy.
C.
protect physicians from unethical bribery by pharmaceutical companies.
D.
protect patients from fraudulent claims about the effectiveness of prescription
medication.
Question 17 of 25 4.0
Points
18. According to John Kenneth Galbraith, the theory of
consumer demand is based on the following broad assumption(s): I. Socialism
will work in all societies because consumers are willing to share their wealth.
II. The urgency of wants does not diminish as more of them are satisfied. III.
Wants originate in the personality of the consumer.
A. I
only

B. I
and II
C.
III only
D.
II and III
Question 18 of 25 4.0
Points
Citizens have always been afforded freedom of speech after
the ratification of the U.S. Constitution.
A. True
B. False
Question 19 of 25 4.0
Points
The Federal Trade Commission was created to promote
competition through its enforcement of the Sherman and Clayton Antitrust Acts.
A. True
B. False
Question 20 of 25 4.0
Points
The term caveat emptor means:

A.
“seller take care”
B.
“empty the cave of deceit”
C.
“buyer beware”
D.
“truth shall prevail”
Question 21 of 25 4.0
Points
According to In Re Lead Paint Litigation, which group is at
greater risk to suffer most from the ill effects of lead-based paint?
A.
Middle-class adults
B.
Underprivileged children
C.
Wealth families
D.
Workers in steel mills
Question 22 of 25 4.0
Points
Early common law had allowed some exceptions to the rule of
caveat emptor. One of these exceptions included _______.
A.
Ready-made garments
B. Farm
machinery
C. Lead
paint
D.
Food products
Question 23 of 25 4.0
Points
Under common law, the most important remedy was a suit for
breach of warranty against those who sold unfit goods.
A. True
B. False
Question 24 of 25 4.0
Points
Contract law is primarily designed to discourage commerce by
assuring those who freely enter into agreements that the law will do little to
protect their expectations.

A. True
B. False
Question 25 of 25 4.0
Points
The UCC was primarily designed to govern the sale of goods.
A. True
B. False

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