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?

19. In general, assuming the employees were acting within the scope of their employment, can Bright Lights Big City (or any other company) be held responsible for the design choices made by its engineers, the failure by its manufacturing employees to ensure that the manufacturing equipment was working properly, or the failure by the quality control personnel to ensure the quality of the product that came off the assembly lines?

18. Naperville sues Bright Lights Big City in the United States District Court for the Northern District of Illinois. The Naperville and the ACME Hardware store are in the Northern District of Illinois. Does this federal court have personal jurisdiction over Bright Lights Big City?

5. In Atlanta, Georgia, police officers entered Jamie’s apartment without a warrant and seized her computer, claiming they suspected illegal financial activity. Jamie in her criminal case in a Georgia state trial court claims her U.S. Constitutional 4th Amendment rights were violated. The trial court rules against Jamie. She appeals to the Georgia Court of Appeals, which affirms the lower court. Jamie then appeals to the Supreme Court of Georgia, which also upholds the seizure. Jamie wants to appeal further. Which of the following statements is correct regarding Jamie’s ability to appeal and the binding authority of courts?

For questions 47-50, refer to the following passage: Omni Consumer Products (OCP) hired Richard “Dick” Jones, president of the company, to invent a robot, and the board of OCP gave him the power as president to invent a robot sentry to be used by police for “urban pacification.” The robot sentry was to bear the trademark “ED209.” Dick Jones also hired Seymour Berkhoff to help develop the operating system and write the software for the ED209 robot. While testing the ED209 robot in the boardroom, the robot malfunctioned and Mr. Kinney, a young OCP executive, was killed by the robot. The Chairman of the board was “very disappointed” in Dick, and noted that the delay would set back the company significantly. Dick Jones knows that the information about the ED209 robot’s malfunction is not public information, and that if it were, it would cause the company’s stock to dip.