Reference no: EM133052252

1. Jane and Jackson Miller are married and both work in the airline industry. Jane is a pilot and Jackson is a flight engineer. While plane crashes are a potential danger for the Millers' line of work, what factor makes their career choices even more dangerous?

• the hours spent working
• the exposure to extreme weather
• the heavy lifting and physical challenges
• exposure to dangerous chemical and pollutants

2. Bankruptcy prohibits ____ from ever taking any action against a debtor to collect their debts.

• creditors
• business partners
• strangers
• the police

3. Failing to pay taxes or submitting false information on a tax return are _____ acts.

• common
• criminal
• minor
• excusable

4. It is well within a business's rights to advertise a sale and then charge more for the product than advertised.

• True
• False

5. The spirit of anti-harassment laws is to ensure that everyone in the workplace feels what?

• comfortable
• stressed
• uneasy
• claustrophobic

6. Which occupation is considered the fifth most dangerous due to the amount of time that these workers must spend on the road?

• recycling worker
• roofer
• commercial fisherman
• flight engineer

7. What term refers to the scores that estimate the ability to pay back debt?

• securities
• tariff collections
• wage scores
• credit ratings

8. Certificates or other financial instruments that have value and can be traded, such as stocks, are referred to as:

• securities.
• tariffs.
• wages.
• scarcities.

9. Interest is generally expressed as a percentage of the total amount of funds borrowed, meaning that if you borrowed $50,000 at a 10 percent simple interest rate, you would pay back how much including interest?

• $65,000
• $55,000
• $60,000
• $75,000

10. Pure risk is frequently referred to as _____ risk because if it occurs, there is no way to reduce damage and loss.

• relevant
• insignificant
• imagined
• absolute

11. Anti-trust laws illustrate how unimportant competition is in a free market.

• True
• False

12. What federal agency exists in order to protect workers from discrimination in the workplace?

• the Civil Rights Continuum Commission (CRCC)
• the Non-Discriminate Labor Agency (NDLA)
• the Equal Employment Opportunity Commission (EEOC)
• the Worker Protection Agency (WPA)

13. If a medical supply company distributes products that result in patient injury or illness, this company would be held legally responsible, otherwise known as what kind of risk?

• liability risk
• insurance risk
• fraud risk
• ethical risk

14. If a company is not doing well, what will happen to that company's shares?

• They will likely go down in value.
• They will likely go up in value.
• They will remain exactly the same.
• They will become nonexistent.

15. If a company is simply going out of business, a type of bankruptcy that will liquidate all assets and determine how the funds recouped from the liquidated assets will be distributed to creditors is the best option. What is this type of bankruptcy called?

• Chapter 11
• Chapter 7
• Chapter 13
• Chapter 50