Bus311_Quiz_5

Grading Summary These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below. Date Taken: 7/10/2011 Time Spent: 2 h , 06 min , 40 secs Points Received: 19 / 20 (95%) Question Type: # Of Questions: # Correct: True/False 4 4 Multiple Choice 16 15 Grade Details 1. Question : When a host country takes title to all of the assets of a foreign company and provides compensation to the owners of the foreign company, it is called: Student Answer: confiscation CORRECT expropriation exclusion domestication Points Received: 1 of 1 Comments: 2. Question : The restrictions some countries place on the number and kinds of products that may enter their nation in order to maintain a positive balance of trade is known as: Student Answer: tariffs CORRECT quota systems INCORRECT trade sanctions boycotts Points Received: 0 of 1 Comments: 3. Question : A physician can be found to be negligent for any of the following except: Student Answer: failure to order appropriate tests failure to prescribe appropriate medications failure to render an accurate prognosis CORRECT failure to treat all patients equally Points Received: 1 of 1 Comments: 4. Question : Businesses that create pollution may be required to pay a fine, however they cannot be found liable for negligence. Student Answer: True CORRECT False Points Received: 1 of 1 Comments: 5. Question : The charter of the United Nations expressly allows trade sanctions and embargoes. Student Answer: CORRECT True False Points Received: 1 of 1 Comments: 6. Question : The phase of drug testing that the safety and effectiveness of the drug is evaluated in trials involving a great number of people is: Student Answer: Phase I Phase II CORRECT Phase III Phase IV Points Received: 1 of 1 Comments: 7. Question : Pursuant to the Clean Air Act, a standard which serves to protect human life and health is a: Student Answer: secondary standard principal standard derived standard CORRECT primary standard Points Received: 1 of 1 Comments: 8. Question : The federal agency responsible for the safety of automobiles sold in the United States is the: Student Answer: CORRECT NHTSA CPSC FDA EPA Points Received: 1 of 1 Comments: 9. Question : A plaintiff must establish all of the following in order to be successful in proving the defendant's negligence in a product liability lawsuit except: Student Answer: proximate cause duty CORRECT intention breach Points Received: 1 of 1 Comments: 10. Question : A hazardous condition that exists throughout an entire product line is a: Student Answer: failure to warn CORRECT design defect inherent hazard product flaw Points Received: 1 of 1 Comments: 11. Question : A professional's improper or immoral conduct in the performance of his or her duties through carelessness or lack of knowledge is considered to be: Student Answer: misbehavior CORRECT malpractice misdemeanor misconduct Points Received: 1 of 1 Comments: 12. Question : When a host country mandates that at least partial ownership of a foreign company be sold to local citizens or companies prior to the foreign company's conducting business within the host country's borders, it is called: Student Answer: confiscation expropriation exclusion CORRECT domestication Points Received: 1 of 1 Comments: 13. Question : Countries that enact laws prohibiting trade with specific countries are said to be using: Student Answer: tariffs quota systems CORRECT trade sanctions boycotts Points Received: 1 of 1 Comments: 14. Question : In a product liability lawsuit, the plaintiff must show that the defendant either acted improperly, or failed to act. Student Answer: CORRECT True False Points Received: 1 of 1 Comments: 15. Question : A financial planner's unreasonably excessive buying or selling of securities to generate commissions is known as: Student Answer: unauthorized trading fraud or misrepresentation CORRECT churning failure or delay in processing Points Received: 1 of 1 Comments: 16. Question : Damage to the ozone layer in the atmosphere is cause by: Student Answer: the greenhouse effect acid rain space junk CORRECT chlorofluorocarbons Points Received: 1 of 1 Comments: 17. Question : Psychiatrists who learn from a patient that he or she intends to do harm to another has the legal responsibility to the patient to maintain confidentiality and cannot disclose such information to authorities. Student Answer: True CORRECT False Points Received: 1 of 1 Comments: 18. Question : To help allay costs in addressing environmentally scarred land CERCLA created a fund known as the: Student Answer: Toxic Waste Trust Fund Superfund CORRECT Hazardous Substance Trust Fund Environmental Cleanup Fund Points Received: 1 of 1 Comments: 19. Question : A financial planner's intentional or negligent misstatement or non-disclosure of a material fact relating to an investment is known as: Student Answer: unauthorized trading CORRECT fraud or misrepresentation churning failure or delay in processing Points Received: 1 of 1 Comments: 20. Question : Sulfur emissions cause pollutants to be discharged into the atmosphere and result in: Student Answer: the greenhouse effect CORRECT acid rain ozone depletion chlorofluorocarbons Points Received: 1 of 1 Comments: * Times are displayed in (GMT-07:00) Mountain Time (US & Canada)