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Past Exam for FIN 3055 - Legal Environment of Business with Giles at Virginia Tech (VT)

Exam Information

Material Type:Exam 1
Professor:Giles
Class:FIN 3055 - Legal Environment of Business
Subject:Finance, Insurance, and Business
University:Virginia Polytechnic Institute And State University
Term:Fall 2003
Keywords:
  • Legal Remedies
  • Direct Conflict
  • Interrogatories
  • Case Decision
  • Diversity Jurisdiction
  • Circumstances
  • Federal Law
  • Motion to Dismiss
  • Municipal Court
  • Motion for Summary Judgment
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Sample Document Text

Fall03T1 True/False Indicate whether the sentence or statement is true or false. ____ ____ ____ ____ ____ 1. Federal courts are superior to state courts. 2. A motion for summary judgment may be made before or during a trial. 3. A judge's view of the law is of little importance in a common law legal system. 4. Damages is the normal remedy at law. ID: A 5. A federal law that conflicts with the U.S. Constitution will be deemed unconstitutional. Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. ____ 6. In Ed's suit against First National Bank, the discovery phase would include all of the following except a. Ed's complaint. b. Ed's deposition. c. Ed's requests for First National's admissions. d. First National's replies to Ed's interrogatories. Fact Pattern 3-1 Donna is involved in an automobile accident with a driver for the Express Delivery Service (EDS). Donna initiates a lawsuit against EDS by filing a complaint. ____ 7. Refer to Fact Pattern 3-1. I...

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