Some questions will require you to enter a word or a short phrase as the answer.  Please make sure to follow instructions closely when entering these answers.  Please enter your answers exactly as specified.  For example: A group of 60 college students were asked to report their GPA for the most recent semester.  Their mean GPA was 3.14. Is the number 3.14 a statistic or a parameter? [response] (type statistic or parameter) The answer is “statistic”.  But if you misspell the answer or add extra words, Canvas will mark the answer incorrect.  For example, if you type “it is a statistic” instead of just “statistic”, the answer will be marked incorrect. I will go through each test and double check the automatic grading.  But correcting scores due to misspellings and typos can be very time consuming, so please try to follow instructions closely, especially instructions for rounding.  Rounding incorrectly will result in points being deducted.

42. You step into an HR role at Stilson Corporation, and are tasked with implementing AI to hire evaluate and hire job candidates. One of your staff proposes that the AI be configured to base its hiring on the data pool. What risk might there be?

40.  At their high school reunion, Romy and Michele decide to start a fashion design business. They definitely want to avoid “double taxation” liability (i.e., being taxed at both the entity and individual levels). Which business association type should they NOT select? 

35.  The Phoenix Foundation manufactures and sells pocketknives that have integrated within it a thumbdrive for carrying information. Angus MacGuyver, who works for the Phoenix Foundation, wants to call it “The Knife Drive.” What do you think of that term for a trademark?

26. In 2006, a Coca-Cola employee, along with accomplices, stole confidential documents and a sample of a new Coca-Cola product. They approached PepsiCo and offered to sell the stolen trade secrets, and Pepsi had reason to believe this information was confidential to Coca-Cola. What should Pepsi do?

27. Congress passed the Technology Innovation Act, which created the Digital Patent Authority (DPA) to oversee new digital patent applications. Congress properly delegates to the DPA the authority to: promulgate federal regulations about digital patent application procedures, enforce compliance with the Act, and adjudicate disputes between applicants over patent ownership. The DPA issued a rule requiring all applicants to submit a specific online form.  Jane, a software engineer, applied for a digital patent but failed to submit the online form, resulting in the DPA rejecting the patent.  Jane now challenges the DPA’s authority, claiming that the agency acts like a “mini-legislature and court,” violating “separation of powers.” Which of the following is correct?

48. Following the ED209 malfunction and Mr. Kinney’s death, Omni Consumer Products (OCP) is already a publicly traded company whose securities are registered under the Securities Exchange Act of 1934. Which of the following best describes OCP’s obligations under the ’34 Act?

50. OCP stores the personally sensitive information of its consumers, including social security information and credit history. It discovers a known software vulnerability that can potentially expose the personally sensitive information. What should it do?

1. GreenTech Corp. has recently faced scrutiny from federal regulators after a whistleblower reported possible safety violations in the company’s solar panel production process. In response, GreenTech’s board of directors implements a new corporate ethics program, including a detailed Code of Conduct, mandatory employee ethics training, and an internal Ethics & Compliance Committee. Over the next year, the company proactively reports minor compliance issues to regulators and invites periodic external audits. Regulators note that GreenTech’s actions have reduced the likelihood of imposing additional safety regulations on the renewable energy industry in the region. Which of the following statements best reflects the legal and ethical principles illustrated by GreenTech Corp.’s actions?

29.  Which of the following statements correctly distinguishes between civil and criminal litigation?