ETH 321 FINAL EXAM

ETH 321 FINAL EXAM AUGUST 2017

  1. Which of the following statements is true of a grand jury?

A grand jury has the authority to subpoena business records relevant to a lawsuit.

A grand jury determines whether the accused in a lawsuit is innocent or guilty.

At least 20 members should be present on a grand jury to examine evidences and vote on a case.

For an indictment to be returned, only one-third of a grand jury needs to agree that a crime has been committed.

2.  Alan and Miriam are engaged in a debate on the importance of intellectual property rights. While Alan holds the view that intellectual property protection safeguards the interests of businesses, Miriam thinks that it ultimately puts businesses at a disadvantage by hampering the dissemination of information. Which of the following arguments is most likely to be raised by Alan to strengthen his proposition?

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Intellectual property rights reduce the pace of research and development drastically.

Intellectual property rights result in an increased availability of products.

Intellectual property rights reduce businesses’ market share by facilitating competition.

Intellectual property rights allow businesses to charge premium prices for their products.

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