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7. Standard Goods, Inc., ships fifty defective hard drives to Top Business Corporation. Top rejects the drives and ships them back to Standard, via United Transport, Inc. The drives are lost in transit. The loss is suffered by
d. none of the above.
8.-Masud, a high-tech employee of Global Tech, signs a covenant not to compete with the firm in which Masud promises not to work for a competitor of Global if and when he leaves the company's employ for any reason. This promise can be best characterized as:
a. Unenforceable since it is a restraint of trade.
b. Unenforceable in most states if Masud is a single-parent and got laid-off through no fault of his own when his job was outsourced to India.
c. Enforceable but only if Global pays Masud severance for six months in accordance with the federal Family Medical Leave Act.
d. Enforceable if the time period and the duration of the covenant are reasonable and Masud had access to confidential proprietary information.
9.The Foreign Corrupt Practices Act can prevent each of the following except:
a. Bribes to foreign officials.
b. Bribes to foreign political party officials.
c. Bribes to candidates for office in foreign nations.
d. Facilitating and expediting payments to lower level foreign officials for routine government actions.
10.General Construction contracts to build a store for Home Stores for $1 million. In mid-project, Home repudiates the contract, and General stops working. General incurred costs of $600,000 and would have made a profit of $100,000. General's measure of damages likely is
a. $1 million.