WEEK 9 QUIZ 1 August 17, 2021/in Uncategorized /by Davis QUESTION 1 Lawyers often take the role of the incorporator, signing the charter and delivering it to the proper state officials. True False 3.5 points QUESTION 2 Consumers may keep as a gift any unordered merchandise that they receive in the mail. True False 3.5 points QUESTION 3 A fundamental problem of the modern corporation is the conflict of interests between managers, shareholders, and stakeholders. True False 3.5 points QUESTION 4 A manager who first offers an opportunity to disinterested directors or shareholders who turn it down has the right to take advantage of the opportunity herself. True False 3.5 points QUESTION 5 Company policy of PushOne, Inc. is to block the company name and telephone number on potential customers’ Caller ID systems so they won’t know the call is from a telemarketer. This policy violates FTC rules. True False 3.5 points QUESTION 6 Under the Truth in Lending Act, a lender must disclose all of the following EXCEPT a. the finance charge. b. the average percentage rate charged by competitors. c. the total of payments. d. the annual percentage rate (APR). 3.5 points QUESTION 7 A director violates the corporate opportunity doctrine if he or she competes with the corporation, unless the disinterested directors approve of the director’s actions. True False 3.5 points QUESTION 8 Suppose Bill’s credit card is stolen and he notifies his credit card company of this fact. Which of the following is true regarding the amount of unauthorized charges made before Bill notified his credit card company? a. Bill is responsible for half of the unauthorized charges. b. Bill is responsible for the first $100 of unauthorized charges. c. Bill is not responsible for any of the unathorized charges. d. Bill is responsible for the first $50 of unathorized charges. 3.5 points QUESTION 9 The Fair Debt Collection Practices Act prohibits which of the following practices by a debt collector? a. using neighbors to locate the debtor b. telephoning the debtor at 8:00 a.m. c. falsely representing himself as a lawyer d. visiting a debtor at work if the employer permits personal visits 3.5 points QUESTION 10 Zach decides to incorporate his business under the name of “Zamm.” In addition to “Zamm,” the Model Act requires that Zach include one of the following words: “corporation,” “incorporated,” “limited,” or “company.” True False "Get Help With Your Essay. If you need assistance with writing your essay, our professional essay writing service is here to help! Order Now https://essaysglobe.com/wp-content/uploads/2020/06/logo-EG.png 0 0 Davis https://essaysglobe.com/wp-content/uploads/2020/06/logo-EG.png Davis2021-08-17 13:55:302021-08-17 13:55:30WEEK 9 QUIZ 1