Question 1

In a brief filed in Gene's suit against Hoyt in a federal court,Ilsa,Gene's attorney,cites,Jon v.Klint,an unpublished opinion.According to a ruling of the United States Supreme Court,the judge in Gene's suit

A)may consider the unpublished opinion persuasive.
B)must apply the unpublished opinion as binding.
C)must ignore the unpublished opinion.
D)must issue a judgment in Hoyt's favor.

A

Accepted Answer

According to the ruling of the United States Supreme Court, judges may consider unpublished opinions as persuasive but are not bound by them. Therefore, Ilsa's citation of Jon v. Klint as an unpublished opinion may be considered by the judge as persuasive evidence.

Question 2

In Eastside Grocery Company's suit against Fresh Foods,Inc. ,Fresh seeks to discover electronically stored information (ESI)that should be in Eastside's possession.If Eastside did not preserve the ESI despite a clear duty to do so,the company should most likely

A)ask the court to sanction Fresh for an unreasonable request.
B)reconstruct the ESI to the best of its ability.
C)refuse to provide the ESI on the ground that it is confidential.
D)settle the dispute.

D

Accepted Answer

D

Question 3

When a dispute arises between Geo Biotech Corporation and Hybrid Genetics Company,the firms retain a private judge to hear their arguments and issue a ruling without the public scrutiny of a regular trial.One of the potential long-term effects of such proceedings is

A)a decline in media reporting of regular court proceedings.
B)an increase in the application of the law in the genetics industry.
C)a strengthening of the biotechnology industry.
D)a weakening of the common law.

D

Accepted Answer

Private judging can lead to a weakening of the common law because decisions made in private are not published or used as precedents, which can limit the development and evolution of common law.

Question 4

World Investment & Trading,Inc. ,encourages its employees to build trust with its customers and other companies.A corporation that &#34;outbehaves&#34; its competition ethically&#10;A)may outperform its competition financially.&#10;B)most likely has fools for managers.&#10;C)may succeed but is not likely to outperform its competition.&#10;D)will undercut its profits and may not achieve business success.

Accepted Answer

Building trust with customers and other companies can lead to increased customer loyalty, positive word-of-mouth recommendations, and partnerships that can lead to further business opportunities. This can ultimately lead to financial success and potentially outperforming the competition.

Question 5

Sustainability-economic development that meets the needs of the present without compromising the ability of future generations to meet their needs-has been legislatively committed to by&#10;A)no state statute or federal law.&#10;B)at least one state-Oregon.&#10;C)federal statutes only.&#10;D)international law only.

Accepted Answer

At least one state, Oregon, has legislatively committed to sustainability through their state statutes.

Question 6

Energy Resources Company develops its marketing strategies in terms of what its management perceives as its ethical obligations,which represent its&#10;A)legal liability.&#10;B)profitability.&#10;C)standards of right and wrong.&#10;D)unilateral corporate duties.

Accepted Answer

Ethics are related to standards of right and wrong, and Energy Resources Company develops its marketing strategies in terms of its ethical obligations, representing its moral responsibility. The other options (legal liability, profitability, unilateral corporate duties) are not directly related to the concept of ethics.

Question 7

Commercial Wholesale,Inc. ,conducts its operations unethically,which,when revealed,will likely affect its&#10;A)good will only.&#10;B)profits only.&#10;C)reputation only.&#10;D)good will,profits,and reputation.

Accepted Answer

Unethical business practices can impact both the company's financial success (profits) and its standing in the eyes of the public (reputation and good will). Customers and stakeholders may choose to stop doing business with the company as a result of its unethical behavior, which could lead to a decline in profits. Furthermore, negative publicity can harm the company's reputation and cause a loss of trust among customers, which can also affect its good will.

Deck 30: How to Brief Cases and Analyze Case Problems