Deck 10: Legal Issues in the Meec Industry

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Question
The primary source of hotel revenue is:

A) Sleeping room revenue
B) Tour fees
C) Meeting room fees
D) Room service
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Question
Which of these agreements must legally be in writing?

A) Contracts that are not to be performed within one year of the agreement
B) Contracts for the lease of real estate
C) Contracts for the sale of real estate
D) All of the above
Question
Which of the following does not need to be contained in a valid written contract?

A) A statement of consideration
B) The identities of the parties
C) An identification or recitation of the subject matter
D) The mailing addresses of the parties
Question
What is parol evidence?

A) Evidence that is essential to the contract or case
B) Evidence that is inadmissible in court
C) Evidence of an oral agreement
D) Evidence that is circumstantial
Question
Attrition clauses are also called:

A) Performance clauses
B) Slippage clauses
C) Both A and B
D) Sanity clauses
Question
In general all risk falls into four categories. Which of the following is not one of those categories?

A) Operational risk
B) Acceptable risk
C) Act of God
D) Contractual risk
Question
The Americans with Disabilities Act applies to all of the following except:

A) People with food intake restrictions
B) The visually impaired
C) The elderly
D) People in wheelchairs
Question
The Federal Copyright Act states that when music is "performed,"royalties must be given to those who own the copyright of that music. The exception to this rule is:

A) If the music is significantly arranged differently
B) If the music is over 25 years old
C) If the music is being played over a single home-style radio or TV
D) If the music is performed by a live orchestra
Question
The process by which a meeting planner and a hotel representative (or another supplier) reach an agreement on the terms and conditions that will govern their relationship before, during, and afteran event is called:

A) Recovery
B) Negotiation
C) Risk Management
D) Preparedness
Question
Which of these words should be avoided because it sounds acceptable, but is not specific?

A) Reasonable
B) Projected
C) Anticipated
D) All of the above
Question
Which of the following generates the major share of hotel revenue?

A) catered food and beverage
B) cancellation fees
C) contents of mini-bars
D) sleeping rooms
Question
What is usually negotiable in a hotel contract?

A) Nothing - rates are pre-set
B) Everything is negotiable
C) Audiovisual rates
D) Limo services
Question
According to a national survey, for typical hotels, occupancy is highest on what night?

A) Wednesday
B) Friday
C) Sunday
D) Saturday
Question
According to a national survey, for typical hotels, occupancy is lowest on what night?

A) Friday
B) Sunday
C) Saturday
D) Wednesday
Question
Another word for a hotel's published room rates is?

A) Official rates
B) Rack rates
C) Demand rates
D) Yield rates
Question
An agreement between two parties that details the intention of the parties to do (or not do) specific things is called a(n):

A) Memorandum
B) Attrition clause
C) Parol
D) Contract
Question
A valid, written contract must contain which of the following?

A) Identity of the parties
B) A statement of consideration
C) Identification or recitation of the subject matter
D) All of the above
Question
Another name for evidence of an oral agreement is:

A) Majeure evidence
B) Attrition evidence
C) Parol evidence
D) Pickup evidence
Question
Another name for performance or slippage clauses in a contract is:

A) Sanity clause
B) Force Majeure clause
C) Parol clause
D) Attrition clause
Question
A provision that permits either party to terminate the contract without damages if fulfillment of the obligations imposed in the agreement is rendered impossible by occurrences outside of thecontrol of either party is called a(n):

A) Force Majeure clause
B) Parol clause
C) Sanity clause
D) Attrition clause
Question
For an offer to be accepted, the acceptance must be unequivocal and in the same terms as the offer.
Question
It is preferable to list the name of the hotel as contracting party (for example, "New Orleans Acme Hotel") rather than the parent organization (for example, "Acme Hotels Limited").
Question
It is acceptable to sign a contract in which major items are left to future negotiations.
Question
The text gives the advice not to accept something just because it is preprinted on the contract or the proposal is given to you by the other party.
Question
The text gives the advice to never sign a contract in which major items like room rates are left to future negotiation.
Question
Catered food and beverage generates the major share of hotel revenue, so this is often the biggest concern to hotels.
Question
Many hoteliers, particularly those who have been in the industry for many years, sum up meeting negotiations with this simple maxim: "Dates, Rates and Space - You Can Only Have Two."
Question
Parol evidence means evidence of written agreement.
Question
Attrition clauses (sometimes referred to as performance or slippage clauses) provide for the payment of damages to the hotel when a meeting organizer fails to fully utilize the room block specified in the contract.
Question
A force majeure or Act of God clause permits either party to terminate the contract without damages if fulfillment of the obligations imposed in the agreement is rendered impossible by occurrences outside of the control of either party.
Question
The stages of risk management are: Preparedness, mitigation, risk, recovery.
Question
The text advises that a good negotiation tactic is to always be the first one to make an offer.
Question
A valid written contract must contain the identities of the parties, an identification or recitation of the subject matter and terms of agreement, and a statement of consideration.
Question
Comprehensive General Liability (CGL) policies are the business equivalent of a homeowner's policy that protects the organization against personal injury claims and loss.
Question
Match each stage of Risk Management with its definition / explanation.

-Preparedness

A) The tricky part of this stage is figuring out both when to respond and how.
B) The exhibition organizer assesses and analyzes the possible risks during this stage
C) Part of this phase is creating and implementing contingency plans.
D) Dealing with a risk that results in loss or harm causing damages to property, people, or reputation.
Question
Match each stage of Risk Management with its definition / explanation.

-Mitigation

A) The tricky part of this stage is figuring out both when to respond and how.
B) The exhibition organizer assesses and analyzes the possible risks during this stage
C) Part of this phase is creating and implementing contingency plans.
D) Dealing with a risk that results in loss or harm causing damages to property, people, or reputation.
Question
Match each stage of Risk Management with its definition / explanation.

-Response

A) The tricky part of this stage is figuring out both when to respond and how.
B) The exhibition organizer assesses and analyzes the possible risks during this stage
C) Part of this phase is creating and implementing contingency plans.
D) Dealing with a risk that results in loss or harm causing damages to property, people, or reputation.
Question
Match each stage of Risk Management with its definition / explanation.

-Recovery

A) The tricky part of this stage is figuring out both when to respond and how.
B) The exhibition organizer assesses and analyzes the possible risks during this stage
C) Part of this phase is creating and implementing contingency plans.
D) Dealing with a risk that results in loss or harm causing damages to property, people, or reputation.
Question
What are some of the less obvious factors to know about a hotel before entering into negotiations with
Question
Discuss the text's advice in negotiating a meeting contract.
Question
Discuss the importance of attrition clauses in meeting contracts and how they work.
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Deck 10: Legal Issues in the Meec Industry
1
The primary source of hotel revenue is:

A) Sleeping room revenue
B) Tour fees
C) Meeting room fees
D) Room service
Sleeping room revenue
2
Which of these agreements must legally be in writing?

A) Contracts that are not to be performed within one year of the agreement
B) Contracts for the lease of real estate
C) Contracts for the sale of real estate
D) All of the above
All of the above
3
Which of the following does not need to be contained in a valid written contract?

A) A statement of consideration
B) The identities of the parties
C) An identification or recitation of the subject matter
D) The mailing addresses of the parties
The mailing addresses of the parties
4
What is parol evidence?

A) Evidence that is essential to the contract or case
B) Evidence that is inadmissible in court
C) Evidence of an oral agreement
D) Evidence that is circumstantial
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5
Attrition clauses are also called:

A) Performance clauses
B) Slippage clauses
C) Both A and B
D) Sanity clauses
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k this deck
6
In general all risk falls into four categories. Which of the following is not one of those categories?

A) Operational risk
B) Acceptable risk
C) Act of God
D) Contractual risk
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
7
The Americans with Disabilities Act applies to all of the following except:

A) People with food intake restrictions
B) The visually impaired
C) The elderly
D) People in wheelchairs
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
8
The Federal Copyright Act states that when music is "performed,"royalties must be given to those who own the copyright of that music. The exception to this rule is:

A) If the music is significantly arranged differently
B) If the music is over 25 years old
C) If the music is being played over a single home-style radio or TV
D) If the music is performed by a live orchestra
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
9
The process by which a meeting planner and a hotel representative (or another supplier) reach an agreement on the terms and conditions that will govern their relationship before, during, and afteran event is called:

A) Recovery
B) Negotiation
C) Risk Management
D) Preparedness
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
10
Which of these words should be avoided because it sounds acceptable, but is not specific?

A) Reasonable
B) Projected
C) Anticipated
D) All of the above
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
11
Which of the following generates the major share of hotel revenue?

A) catered food and beverage
B) cancellation fees
C) contents of mini-bars
D) sleeping rooms
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
12
What is usually negotiable in a hotel contract?

A) Nothing - rates are pre-set
B) Everything is negotiable
C) Audiovisual rates
D) Limo services
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
13
According to a national survey, for typical hotels, occupancy is highest on what night?

A) Wednesday
B) Friday
C) Sunday
D) Saturday
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
14
According to a national survey, for typical hotels, occupancy is lowest on what night?

A) Friday
B) Sunday
C) Saturday
D) Wednesday
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
15
Another word for a hotel's published room rates is?

A) Official rates
B) Rack rates
C) Demand rates
D) Yield rates
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
16
An agreement between two parties that details the intention of the parties to do (or not do) specific things is called a(n):

A) Memorandum
B) Attrition clause
C) Parol
D) Contract
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
17
A valid, written contract must contain which of the following?

A) Identity of the parties
B) A statement of consideration
C) Identification or recitation of the subject matter
D) All of the above
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
18
Another name for evidence of an oral agreement is:

A) Majeure evidence
B) Attrition evidence
C) Parol evidence
D) Pickup evidence
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Unlock Deck
k this deck
19
Another name for performance or slippage clauses in a contract is:

A) Sanity clause
B) Force Majeure clause
C) Parol clause
D) Attrition clause
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
20
A provision that permits either party to terminate the contract without damages if fulfillment of the obligations imposed in the agreement is rendered impossible by occurrences outside of thecontrol of either party is called a(n):

A) Force Majeure clause
B) Parol clause
C) Sanity clause
D) Attrition clause
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
21
For an offer to be accepted, the acceptance must be unequivocal and in the same terms as the offer.
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k this deck
22
It is preferable to list the name of the hotel as contracting party (for example, "New Orleans Acme Hotel") rather than the parent organization (for example, "Acme Hotels Limited").
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
23
It is acceptable to sign a contract in which major items are left to future negotiations.
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Unlock Deck
k this deck
24
The text gives the advice not to accept something just because it is preprinted on the contract or the proposal is given to you by the other party.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
25
The text gives the advice to never sign a contract in which major items like room rates are left to future negotiation.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
26
Catered food and beverage generates the major share of hotel revenue, so this is often the biggest concern to hotels.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
27
Many hoteliers, particularly those who have been in the industry for many years, sum up meeting negotiations with this simple maxim: "Dates, Rates and Space - You Can Only Have Two."
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
28
Parol evidence means evidence of written agreement.
Unlock Deck
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Unlock Deck
k this deck
29
Attrition clauses (sometimes referred to as performance or slippage clauses) provide for the payment of damages to the hotel when a meeting organizer fails to fully utilize the room block specified in the contract.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
30
A force majeure or Act of God clause permits either party to terminate the contract without damages if fulfillment of the obligations imposed in the agreement is rendered impossible by occurrences outside of the control of either party.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
31
The stages of risk management are: Preparedness, mitigation, risk, recovery.
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Unlock Deck
k this deck
32
The text advises that a good negotiation tactic is to always be the first one to make an offer.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
33
A valid written contract must contain the identities of the parties, an identification or recitation of the subject matter and terms of agreement, and a statement of consideration.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
34
Comprehensive General Liability (CGL) policies are the business equivalent of a homeowner's policy that protects the organization against personal injury claims and loss.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
35
Match each stage of Risk Management with its definition / explanation.

-Preparedness

A) The tricky part of this stage is figuring out both when to respond and how.
B) The exhibition organizer assesses and analyzes the possible risks during this stage
C) Part of this phase is creating and implementing contingency plans.
D) Dealing with a risk that results in loss or harm causing damages to property, people, or reputation.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
36
Match each stage of Risk Management with its definition / explanation.

-Mitigation

A) The tricky part of this stage is figuring out both when to respond and how.
B) The exhibition organizer assesses and analyzes the possible risks during this stage
C) Part of this phase is creating and implementing contingency plans.
D) Dealing with a risk that results in loss or harm causing damages to property, people, or reputation.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
37
Match each stage of Risk Management with its definition / explanation.

-Response

A) The tricky part of this stage is figuring out both when to respond and how.
B) The exhibition organizer assesses and analyzes the possible risks during this stage
C) Part of this phase is creating and implementing contingency plans.
D) Dealing with a risk that results in loss or harm causing damages to property, people, or reputation.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
38
Match each stage of Risk Management with its definition / explanation.

-Recovery

A) The tricky part of this stage is figuring out both when to respond and how.
B) The exhibition organizer assesses and analyzes the possible risks during this stage
C) Part of this phase is creating and implementing contingency plans.
D) Dealing with a risk that results in loss or harm causing damages to property, people, or reputation.
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
39
What are some of the less obvious factors to know about a hotel before entering into negotiations with
Unlock Deck
Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
40
Discuss the text's advice in negotiating a meeting contract.
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
41
Discuss the importance of attrition clauses in meeting contracts and how they work.
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Unlock for access to all 41 flashcards in this deck.
Unlock Deck
k this deck
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Unlock for access to all 41 flashcards in this deck.