BUSN 420 WEEK 5 QUIZ

BUSN 420 WEEK 5 QUIZ

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BUSN 420 WEEK 5 QUIZ

1. (TCO 5) Jelly Jar Company includes in its online offers a provision that indicates any disputes arising under the contract must be resolved in Kansas. Lena, a resident of Maine, accepts Jelly Jar’s offer. If a dispute arises, a court will most likely rule that it must be resolved in

2. (TCO 5) Over the course of a year, Retail Marketers, Inc., sells goods from its inventory and one of its warehouses. In exchange, Retail receives checks and other items that substitute for cash, which Retail uses to repay a loan from Savings Bank. Article 2 of the UCC governs

3. (TCO 5) Gail enters into a contract with Hi-Price Appliances, Inc. In a suit between the parties over payment under the contract, Gail claims that a certain clause is unconscionable. If the court agrees, it may

4. (TCO 5) Trendee Clothiers, Inc., sells t-shirts to U-Pik-It Stores, Inc., under an existing contract. When textile costs increase, U-Pik-It agrees to a price increase, but later wants to cancel the contract. U-Pik-It may

5. (TCO 5) Expert Stitching Corporation enters into a contract to sell denim clothing to Fine Fashion Company, which in turn sells a pair of jeans to Grady, a consumer. In contrast to standards that apply to consumers, the UCC imposes on merchants

6. (TCO 6) After notice-and-comment rulemaking, the U.S. Bureau of Land Management (BLM) issues a new rule and applies it to Clearcut Timber Company. Clearcut appeals the application to a federal court. The court will most likely defer to the BLM’s interpretation of

7. (TCO 6) The U.S. Fish and Wildlife Service utilizes notice-and-comment rulemaking. This involves a period during which

8. (TCO 6) The U.S. Social Security Administration is a federal agency. The Iowa Department of Social Services is a parallel state agency. If these agencies’ actions conflict

9. (TCO 6) Labor Recruiters, Inc., has been ordered to appear at a hearing before an administrative law judge of the National Labor Relations Board. A significant difference between a trial and an administrative hearing is that

10. (TCO 6) Seafood Restaurant Company pays income and other taxes collected by the Internal Revenue Service (IRS). Like other federal administrative agencies, the IRS was created b.