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- 112) What is a trademark? a) A recipe. b) A word, name, symbol, or device that is used in trade with goods to include the source of the goods and to distinguish from the goods of the others c) A firm of protection provided to the authors of original works of authorship d) Something that excludes others from importing the innovation into the United StatesTRUE OR FALSE. Write True if the statement is true. Otherwise, write false.1. Business advertisement is a valid offer.2. Deaf-mutes have no capacity to give consent.3. Fraud voids a contract.4. If B gives his consent due to A’s threat of exposing his marital affairs, there will be nocontract because consent is vitiated.5 Exaggerations in trade are not fraudulentA Question of Ethics—Copyright Infringement.Custom Copies, Inc., prepares and sells coursepacks,which contain compilations of readings for collegecourses. A teacher selects the readings and delivers asyllabus to the copy shop, which obtains the materialsfrom a library, copies them, and binds the copies. Blackwell Publishing, Inc., which owns the copyright to some of the materials,filed a suit, alleging copyright infringement. Custom Copies fileda motion to dismiss for failure to state a claim. [ Blackwell Publishing, Inc. v. Custom Copies, Inc., 2006 WL 1529503(N.D.Fla. 2006)] (See Copyrights.)(a) Custom Copies argued, in part, that creating and sellingdid not “distribute” the coursepacks. Does a copy shopviolate copyright law if it only copies materials for coursepacks? Does the copying fall under the “fair use” exception? Should the court grant the defendant’s motion?Why or why not?(b) What is the potential impact of copying and selling a bookor journal without the permission of, and…
- In a self-funded health plan for a commercial company, which entity bears the risk for the medical costs: A. Health Plan B. Federal Government C. Member D. The company purchasing the insurance 2. Under the essential benefits of the affordable care act, which benefit requires no cost sharing for the member (i.e., first dollar coverage): A. Emergency services B. Maternity services C. Laboratory services D. Preventive and wellness services 3. Language in provider contracts that automatically renew the agreement for additional term(s) would be found under which of the following contract clauses in a managed care agreement: A. For cause termination B. Indemnification C. Evergreen D. Utilization management 4. Payment by a health plan to a provider in a fee for service arrangement represents what to a provider: A. Cost B. Revenue C. Investment D. Reimbursement 5. Which of the following is not true of a self-funded plan: A. Health plan bears the risk for the medical cost B. Not regulated by…66) As a governance mechanism the “threat of takeover” refers to: a) The risk that the government might acquire the firm b) The danger that the firm might be acquired by others who offer the stockholders better management of the firm. c) Both A and B d) Neither A nor Bt is the exploitation by the taxpayer of legally permissible alternative tax rates or methods ofassessing taxable property or income in order to avoid or reduce tax liability.a. Capitalization b. Shiftingc. Evasiond. Avoidance
- Is it possible to be used partly for public purpose and partly private purpose without violating the limitation that a tax must be for public purpose?A. No, the purpose shall either be private or public. It cannot be bothB. Yes, The purpose is not important as long as the tax of the property can be accounted forC. No, the purpose to be accomplished by taxation need not be exclusively public. To benefit private individuals will be tantamount to deprivation of property of those who paid the tax without due processD. Yes, The purpose to be accomplished by taxation need not be exclusively public. Although private individuals are directly benefited such as the victims of flood victims, the tax will be valid provided such benefit is only incidentalThe “Compliance with Standards Rule” requires that a member who performs professional services, including consulting services, comply with standards promulgated by bodies designated by Council, regardless of whether the member is holding out as a CPA. The standards applicable to members performing consulting services are set forth in the Statements on Standards for Consulting Services (SSCSs) and specifically state that such standards apply to members holding out as a CPA while providing consulting services. Would a member who does not hold out as a CPA be in compliance with “Compliance with Standards Rule” if the member did not comply with the SSCSs while performing consulting services for a client? Yes or No1. A ________ is a small percentage or fixed amount of a health care fee that many employees are required to pay. A. Co-op payment B. Co-percentage C. Co-payment D. None of these 2. A "right-to-revise" policy: A. Is a legal requirement B. Means an employee can quit at any time C. Means a company can terminate an employee at any time D. Preserves a company's right to update its policies 3. When asked to sign a performance evaluation: A. Sign the document, even if you don't agree with its contents B. Sign the document, even if you don't agree with its contents, but include an emotional written response C. Sign the document, even if you don't agree with its contents, but include factual evidence supporting your concerns D. Do not sign the document if you disagree with its contents
- 8. The custodian of health records refers to the individual within an organization who is responsible for the following action (s): a. Authorized to certify records b. Supervises inspection and copying of. Records c. Testifies to authenticity of records d. a and b e. a and c f . All of the above g. None of the aboveWhich of the following premortem actions can increase the liquidity of a decedent's estate? Making certain that a client's will is executed with all of the required legal formalities Stating reasons in a client's will why a close family member is not receiving any part of the client's estate Urging a client to keep written current records of payments made by the client on debts owed to third parties Urging a client to require written security for a promissory note given to the client for assets purchased from the client A) I, II, and IV B) I and II C) I, II, III, and IV D) III and IVsecond answer of part b