Business Ethics > EXAM > Midterm 2 Exam Concordia University COMM 315 (All)

Midterm 2 Exam Concordia University COMM 315

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1. If I ask you to sell my goldfish for me, your tacit acceptance of this mandate would be indicated by you: a) Nodding your head to signify yes b) Saying “OK” c) Taking the fish and walking a ... way d) Only (a) and (c) 2. A mandatory must personally preform the duties of the mandate. Which of the following is an exception to this principle? a) Mandatory appoints a third person in an emergency b) Mandatory gets assistance from a third person c) Mandatory authorizes a third person to preform the mandate d) All of the above are exceptions to this principle 3. If I sign a power of attorney to my brother to be allowed to accept a property while I am out of town is an example of? a) Specific mandate b) Special mandate c) General mandate d) None of the above 4. What was the decision of the court in the Piec case? a) The bank was not ordered to refund Mrs. Piec’s estate the losses suffered because his nephew was within his mandate b) The bank was not ordered to refund Mrs. Piec’s estate the losses suffered because his nephew violated his mandate c) The bank was ordered to refund Mrs. Piec’s estate the losses suffered because Piec is responsible for the actions of her nephew d) The bank was ordered to refund Mrs. Piec estate the losses suffered because the bank allowed the nephew to exceed the contract of mandate 5. When a mandatory uses words to accept the contract of mandate (i.e. “yes I accept") proposed by a mandator, it is an example of: a) Tactic acceptance b) Explicit acceptance c) Double mandate d) None of the above 6. When a mandate is between 2 physical people, who are not professionals, the law is presumed to be gratuitous, that is to say without remuneration. This presumption is: a) Irrefutable b) Refutable if either party or an interested third party can present evidence to the court c) Considered jurisprudence d) None of the above [Show More]

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