Question: Frame relay specifies data rates in the range of
Answer Options:
Answer: 56 kbps – 2 mbps
Question: Virtual circuits are used with
Answer Options:
Answer: All of the above
Question: Information security is defined as
Answer Options:
Answer: Providing confidentiality, integrity and availability of information
Question: Confidentiality is defined as
Answer Options:
Answer: Maintaining restrictions on information to protect personal privacy
Question: Integrity is defined as
Answer Options:
Answer: Guarding against improper modification of information to ensure authenticity
Question: Availability is defined as
Answer Options:
Answer: Ensuring timely and reliable use of information
Question: Vulnerabilities are
Answer Options:
Answer: Weaknesses in an information system that can be exploited to compromise information security
Question: Threats are
Answer Options:
Answer: Capabilities, intentions and methods of adversaries to compromise information security
Question: Controls are
Answer Options:
Answer: Measures taken to mitigate the dangers from information security threats
Question: Information security controls are commonly classified in the industry as
Answer Options:
Answer: Procedural, physical and technical controls
Question: Sky King an airport developer discusses building a new airport with Bill House. Sky tells Bill that if he creates complete architectural drawings, Sky will purchase those drawings. Which of the following is true? Sky can rescind his offer to Bill at anytime prior to completion of the plans. The parties have entered into a binding bilateral agreement. Depending on how much of the drawings Bill has completed, Sky may not be able to rescind the offer. Regardless of how much of the plans Bill has completed, there is a binding contract.
Answer: The parties have entered into a binding bilateral agreement.
Question: Van Gogh says to Rembrandt, ‘My painting is one I would only consider selling to you.’ This statement is an implied contract between Van Gogh and Rembrandt. an offer because Van Gogh indicated he would not sell the painting to anyone else. a quasi contract. Not an offer because it was not an expression of interest subject to negotiation.
Answer: Not an offer because it was not an expression of interest subject to negotiation.
Question: Hughes and Miranda arrive at a fancy smancy restaurant that is full and has a long waiting list. Miranda approaches the hostess and tells her that if she sets up a table for her and Hughes, she will give the hostess $100. The hostess does so but Miranda refuses to pay her $100. The hostess sues Miranda. Which of the following is true? The hostess loses because $100 for seating Miranda and Hughes is excessive. The hostess finds because of freedom of contract. The hostess loses because she is paid by the restaurant to seat diners. The hostess wins because by setting up a table for Miranda and Hughes she accepted Miranda’s offer.
Answer: The hostess wins because by setting up a table for Miranda and Hughes she accepted Miranda’s offer.
Question: At a flea market, Clark purchases a comic book from Bruce for $10. Later, Clark re-sells the comic for $50,000. Bruce decides to sue Clark to rescind the contract based on lack of consideration. Which of the following is true? Although the contract would not be rescinded, Clark must share the profits with Bruce. The contract will be rescinded for some other reason. The contract will be rescinded based on lack of consideration. Based on freedom of contract, Bruce loses.
Answer: Based on freedom of contract, Bruce loses.
Question: Bitcoins are subject to a legally imposed quota. Molly violates the legally imposed quota. Miranda who already purchased her legal quota of bitcoins enters into a contract with Molly to secretly purchase the bitcoins she knows were illegally obtained by Molly. When Molly and Miranda meet, Miranda refuses to purchase the bitcoins. What is the probable outcome? Molly cannot sue Miranda because the contract is void. The parties entered into a contract that is voidable by Miranda. Molly can sue Miranda because there is a valid contract due to freedom of contract. Molly can sue Miranda because they entered an enforceable bilateral contract.
Answer: Molly cannot sue Miranda because the contract is void.
Question: Taxiing Around, Inc. a limousine company has a rush job to transport fancy smancy corporate officers to their destination no later than 16 hours after pick up. According to applicable law, drivers must take a rest of at least 4 hours after driving 12 hours. Taxiing orders the drivers it hired to drive the entire 16 hours – no break. The city fines Taxiing for not allowing the drivers to take the requisite break. Taxiing refuses to pay the drivers for the 4 extra hours claiming it was illegal for them to be driving without taking a break. The drivers sue Taxiing for payment. Which of the following is the likely outcome? Since the law requiring a break was to protect the drivers, they are entitled to be paid for all the hours. Taxiing is not obligated to pay the drivers because they should have taken a break after driving for 12 hours. Taxiing is not obligated to pay the drivers because they were driving illegally. The contract is enforceable pursuant to freedom of contract.
Answer: Since the law requiring a break was to protect the drivers, they are entitled to be paid for all the hours.
Question: The contract to sell Victor E. Lapp’s motorcycle repair business includes a covenant not to compete where Victor agrees not be engaged in the motorcycle repair business for 5 years in the metropolitan area in which the business is located. The covenant not to compete is
Answer: a throw in with no value since Hughes is likely to retire.