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A+BUS 415 Final Exam 1st Set 42 Questions with Answers
BUS 415 Final Exam 1st Set 42 Questions with Answers
1) The doctrine of stare decisis concerns
A. staring at the facts of a case for a long time to make sure the correct decision is made.
B. making sure to do adequate research before making a legal decision
C. following precedents so that legal principles announced in a case are used to determine later cases
D. using constitutional law to render a decision
2) The form of alternative dispute resolution wherein the parties hire someone to review the evidence and make a decision that is binding upon the parties is called
A. arbitration
B. settlement conference
C. negotiation
D. conciliation
3) A corporation is considered a citizen of what state?
A. The state where the president of the corporation lives
B. It is not a citizen because it is a business
C. The state where the majority of the employees live
D. The state where it filed its Articles of Incorporation
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