Which of the following is true regarding the liability of


1. An entrepreneur can form a business with only one owner under which of the following forms?

2. Which of the following statutes amended the National Labor Relations Act?

3. The DEF Corporation is incorporated in Texas. It wishes to do business in Oklahoma. Before DEF can legally do business in Oklahoma, which of the following must it do

4. The Black Squirrel limited partnership has been in operation for many years, but has recently fallen on hard times. The partners have decided to dissolve, although there are few assets remaining in the partnership. Shortly after the partnership filed its certificate of limited partnership, the partners had the foresight to incorporate into their partnership agreement a provision that, in the event of dissolution, the assets would be distributed in payment of claims first to limited partners, then to general partner, then to creditors. Hilda is a limited partner and feels relieved that she will receive at least a portion of her capital. Henry, one of the general partners said that this provision is void and unenforceable. Which of the following best describes this situation?

5. which of the following is true regarding the liability of the partners in a limited partnership?

6. A principal gives an agent express authority to "get his car running right" the authority that the agent has to enter into contract for the purchase of auto parts is:

7. Which is true about employers and solicitations of employees by unions?

8. As the Wyoming Tetons are playing the Missouri Ozarks in a baseball game, a fan who is sitting near the Tetons dugout starts yelling at Micky Macho, one of the relief pitchers, that his pink minivan makes him look like a suburban family man, Macho, because he feels insulted, picks up a nearby bench and throws it at the fan, who gets injured by this action. The fan then sues the Tetons. The fan could recover from the Tetons:

9. Mary goes to work for Rocky Mountain Company which has a pension plan requiring her to work at least 10 years in order to be entitled to her benefits if she quits. This is a violation of:

10. Which of the following is true about removing a member of the board of directors from the board before that directors term is over?

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Business Law and Ethics: Which of the following is true regarding the liability of
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