Bus311 Quiz 5

Grading Summary
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
Date Taken: 7/10/2011
Time Spent: 2 h , 06 min , 40 secs
Points Received: 19 / 20   (95%)
Question Type: # Of Questions: # Correct:
True/False 4 4
Multiple Choice 16 15
Grade Details
1. Question :

When a host country takes title to all of the assets of a foreign company and provides compensation to the owners of the foreign company, it is called:
  Student Answer: confiscation
  CORRECT expropriation
  Points Received: 1 of 1

2. Question :

The restrictions some countries place on the number and kinds of products that may enter their nation in order to maintain a positive balance of trade is known as:
  Student Answer: tariffs
  CORRECT quota systems
  INCORRECT trade sanctions
  Points Received: 0 of 1

3. Question :

A physician can be found to be negligent for any of the following except:
  Student Answer: failure to order appropriate tests
  failure to prescribe appropriate medications
  failure to render an accurate prognosis
  CORRECT failure to treat all patients equally
  Points Received: 1 of 1

4. Question :

Businesses that create pollution may be required to pay a fine, however they cannot be found liable for negligence.
  Student Answer: True
  Points Received: 1 of 1

5. Question :

The charter of the United Nations expressly allows trade sanctions and embargoes.
  Student Answer: CORRECT True
  Points Received: 1 of 1

6. Question :

The phase of drug testing that the safety and effectiveness of the drug is evaluated in trials involving a great number of people is:
  Student Answer: Phase I...