Tai Sophia Institute
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All courses for Tai Sophia Institute
- ECON 202 Marcoeconomics Milestone 1 _2021 1
- ECON 202 Marcoeconomics Milestone 2 _2021 1
- ECON 202 Marcoeconomics Milestone 3 _2021 1
- ECON 203 Microeconomics Final Exam 2021 1
- ECON 203 Microeconomics Milestone 1 2021 _ 1
- ECON 203 Microeconomics Milestone 2 2021 _ 1
- ECON 203 Microeconomics Milestone 3 2021 _ 1
- ECON 203 Microeconomics Milestone 4 2021 1
Latest notes & summaries Tai Sophia Institute
Unit 3 Challenge 1 
According to the Copyright Clause, intellectual property rights are important 
because they __________. 
 a.) 
encourage the sharing of ideas among companies 
 b.) 
encourage creativity and the invention of new products 
 c.) 
promote equality within society 
 d.) 
generate competition and place downward pressure on pricing 
A deed transferring ownership of a house to you once your mother chooses to 
move out of the house and into a nursing home would be _________...
BUS 1001 Unit 3 Challenge 1 QUESTIONS AND ANSWERS 100% Accuracy, latest 2024
BUS 1001Unit 2 Challenge 3QUESTIONS AND ANSWERS 100% Accuracy, latest 2024
BUS 1001 Unit 2 Challenge 1 QUESTIONS AND ANSWERS 100% Accuracy, latest 2024
Unit 2 Challenge 2 
The test of whether damages claimed for breach of contract are "foreseeable" is 
whether __________. 
 a.) 
it was reasonably imaginable to the breaching party that a breach of contract 
would cause the damages claimed 
 b.) 
it was reasonably conceivable to the breaching party that a breach of 
contract might occur 
 c.) 
the amount claimed by the injured party was reasonably fair 
 d.) 
the breaching party repudiated a contract in the past and was reasonably 
...
Unit 1 Challenge 4 
 BUS 1001 Unit 1 Challenge 4 QUESTIONS AND ANSWERS 100% Accuracy, latest 2024
Unit 1 Challenge 3 
What is a disadvantage of mediation compared to arbitration? 
 a.)It is possible that mediation will fail to result in resolution. 
 b.)Mediation is typically much more costly than arbitration. 
 c.)It relies on a neutral third party to ensure fairness. 
 d.)Mediation is more public, and thus more open to scrutiny. 
Why might this have occurred? 
 a.)The jury was instructed to decide the case as the judge wanted. 
 b.)The jury was hung, meaning it could not ...
Unit 1 Challenge 1 
Statutory law is created by __________. 
 a.) 
the legislative branch 
 b.) 
the judicial branch 
 c.) 
all three branches of government 
 d.) 
the executive branch 
If the U.S. Constitution does not give the federal government 
explicit jurisdiction over an area of law, the jurisdiction falls to 
__________. 
 a.) 
the courts 
 b.) 
the states 
 c.) 
the President 
 d.) 
the people 
Select the true statement about substantive law in the U.S. 
 a.) ...
Unit 1 Challenge 2 
Which of the following individuals would benefit most from an LLC? 
a.)Tessa has a great idea for a start-up and wants a form of business 
organization that will make it easy for her to raise funds quickly. 
b.)Gerald wants to formalize his business, but he's interested in the 
simplest form of business organization and not really worried about 
liability. 
c.)Hector is thinking of starting a business and wants a form of 
organization that gives him flexibility and adaptabil...