Reference no: EM132308555
1. Why would an organization use a private employment agency?
To reduce internal recruitment time and energy
To fill an opening quickly
To compensate for the lack of resources available
To increase the diversity within the organization
All of the above
2. Below are the types of corporate level strategies. Which one does NOT belong?
Focuses on developing a distinctive impression of the product or service in customers’ minds.
Focuses on a specific portion of a smaller, more refined market.
Focuses on lowering organizational costs required to create products or services.
Focuses on a specific portion of a larger market.
3. Donna signs a one-year lease with Bob to occupy an apartment in Ames, Iowa, near the Iowa State University. Donna needs the apartment only for two terms and may have to sublet it for the rest of the term. Donna’s tenancy is
a fixed-term tenancy.
a periodic tenancy.
a tenancy by the entirety.
a tenancy at will.
4. Kermit sells his real property to Beaker using a special warranty deed. Therefore, Kermit conveyed to Beaker whatever interest Kermit had in the real property providing Beaker the least amount of protection amongst the forms of conveyance deeds.
True
False
5. Kenny starts up eSouthPark, an Internet service, and leases office space in a building owned by Cartman. The lease requires Kenny to pay Cartman a base rental of $1,250, plus 10 percent of eSouthParks’ profits, each month. The term is two years. Kenny hires Stan to work at eSouthParks’ tech support desk at an hourly wage of $12.50, plus a commission of 10 percent of the profits. The term is also two years.
Kenny and Cartman are
not partners, because the rent includes only 10 percent of the profits.
not partners, because the lease includes a “base rental.”
partners in a partnership for two years.
not partners, because Cartman does not have an ownership interest or management rights in eSouthPark.
6. Dwight is selling the dilapidated Shrute Farms to Jim and Pam. On the property is an easement to Mose to use Dwight’s unimproved trail allowing Mose, his neighbor, use of a watering hole for livestock. Dwight must remove any defects/encumbrances (in this case the easement) to the property he is selling to a Jim and Pam or disclose such defects/encumbrances to them. This is the
Seller’s duty not to be an ass.
Seller’s duty of implied warranty of a sale of a new home.
Seller’s duty to provide marketable title.
Seller’s duty to reasonable accommodate.
7. Saucers Full of Secrets, Inc., (SFS) sells scopes with distinctively designed and made lenses and mirrors to scientists. Astronomy Domine Corp. later begins to sell scopes with identical set-ups of lenses and mirrors, without SFS’s permission, to consumers. This is most likely
patent infringement.
copyright infringement.
an awesome reference to Pink Floyd songs
trademark infringement.
8. Red Swedish Snow will receive trademark protection for a particular product if
it can be proven that snow in Sweden is red.
the trademark owner of Blue Belgian Hail does not object.
it acquires a secondary meaning.
if there is a catchy jingle included in its advertising.