Question: Which of the following is NOT one of the correct descriptions of what it means for an argument to be valid?
Answer Options:
If all of the premises are true then the conclusion cannot be false
The reasoning is correct and all of the premises are in fact true
It is logically impossible for the premises to be true and the conclusion false
the truth of the premises guarantees the truth of the conclusion
Answer: The reasoning is correct and all of the premises are in fact true
Question: Informal logic is _________.
Answer Options:
the study of mathematical properties of languages.
the study of arguments as they exist in everyday language.
the study of formal validity without a focus on everyday usages of critical thinking.
the scientific examination of specific truths.
Answer: the study of arguments as they exist in everyday language.
Question: ‘Some dogs are not mammals’ is which type of statement?
Answer Options:
universal affirmative
universal negative
particular affirmative
particular negative
Answer: particular negative
Question: Anatomy is the study of function.
Answer Options:
a) True
b) False
Answer: b) False
Question: Which of the following statements is CORRECT?
a. All else equal, secured debt is more risky than unsecured debt.
b. The expected return on a corporate bond must be greater than its promised return if the probability of default is greater than zero.
c. All else equal, senior debt has more default risk than subordinated debt.
d. A company’s bond rating is affected by its financial ratios but not by provisions in its indenture.
e. Under Chapter 7 of the Bankruptcy Act, the assets of a firm that declares bankruptcy must be liquidated, and the sale proceeds must be used to pay off claims against it according to the priority of the claims as spelled out in the Act.
Answer Options:
a. False
b. False
c. False
d. False
e. True
Answer: e. True
Question: Asher sues Miranda because her dog barks a lot and he is fearful that the dog will bite him. What is the likely outcome?
Answer Options:
Asher must file the suit in state court because he and Miranda are from the same state.
Asher must file the suit in family court because it is a domestic issue.
Miranda can file a counterclaim against Asher claiming he is agitating her dog.
Asher does not have standing to bring the case.
Answer: Asher does not have standing to bring the case.
Question: Sagittal plane refers to an imaginary plane that cuts the body into two halves, a top and a bottom.
Answer Options:
a) True
b) False
Answer: b) False
Question: Anatomy is the study of function.
Answer Options:
a) True
b) False
Answer: b) False
Question: In the winter, the Torch Restaurant has a fireplace in the front of the restaurant; in front of the fireplace there is an iron gate. Gail and John celebrating their engagement decide to roast marshmallows in the fire. John slips and burns his arm. He sues the restaurant for negligence. Which of the following is the likely outcome?
Answer Options:
John loses because the fireplace surrounded by a gate was a known hazard that John knew or should of known was not appropriate for roasting marshmallows.
None of the alternatives are correct.
John wins because as a business invitee, the restaurant is responsible for any injury a customer incurs on its premises.
John loses because the restaurant was negligent for having a fireplace on its premises.
Answer: John wins because as a business invitee, the restaurant is responsible for any injury a customer incurs on its premises.
Question: If a utility company runs power lines through private property, which of the following is true?
Answer Options:
The utility company has an easement in gross or a profit in gross with respect to the property.
The property must be acquired through a quit claim deed.
The utility company has a license.
Answer: The utility company has an easement in gross or a profit in gross with respect to the property.
Question: The thrust of the 10th Amendment as applicable to the states means which of the following?
That states can only adopt Uniform Codes as their statutory law.
That the states can create their own laws without limitation.
Assuming state laws do not conflict with federal laws or do not involve areas of law that the Constitution delegates exclusively to the Federal government, states are free to make their own laws.
That the states are not allowed to enact their own laws.
Answer: Assuming state laws do not conflict with federal laws or do not involve areas of law that the Constitution delegates exclusively to the Federal government, states are free to make their own laws.
Question: The advantages of email as a communication medium include all of the following except
Answer Options:
It eliminates phone tag
It facilitates spam
It lowers the costs of communicating to a large group of users
It reduces communication barriers created by organizational hierarchies
Answer: It facilitates spam
Question: In the winter, the Torch Restaurant has a fireplace in the front of the restaurant; in front of the fireplace there is an iron gate. Gail and John celebrating their engagement decide to roast marshmallows in the fire. John slips and burns his arm. He sues the restaurant for negligence. Which of the following is the likely outcome?
Answer Options:
John loses because the fireplace surrounded by a gate was a known hazard that John knew or should of known was not appropriate for roasting marshmallows.
None of the alternatives are correct.
John wins because as a business invitee, the restaurant is responsible for any injury a customer incurs on its premises.
John loses because the restaurant was negligent for having a fireplace on its premises.
Answer: John wins because as a business invitee, the restaurant is responsible for any injury a customer incurs on its premises.