Multiple choice
1. What is the ampacity of a No. 3/0, THHN copper wire, in a conduit with one other conductor?
175 A
200 A
225 A
350 A
2. In the “old days” in Orlando, Florida, a real estate agent began to make some very nice offers to buy local orange growers’ and farmers’ land. The agent did not disclose the fact that her principal was the Walt Disney Company. Yet she secretly was working as an agent for the Walt Disney Company which was afraid of skyrocketing prices if the “word got out” that Disney was the buyer. When the farmers discovered that the agent was working for Disney, and that they had sold their land to Disney, they claimed the contracts they made were invalid due to the fact that Disney, the principal, was undisclosed. The likely result of any legal dispute among the parties will be:
The agent is liable on the contracts.
Disney can enforce the contracts even those it was not disclosed as the principal.
The farmers are liable on the contracts assuming that the agent did not fraudulently misrepresent that she was acting alone and that Disney was not her principal.
All of the above are likely results.
3. Marcus, an entrepreneur, has developed an excellent business plan for a proposed business. He wants to show it to some venture capitalists with the hope that they will invest in the venture, but he is concerned about protecting his business plan from appropriation and wants to protect it as a legal trade secret. Can the business plan be protected as a trade secret?
No, because it cannot be kept secret since Marcus obviously has to show it to people.
No, because it does not have actual worth, rather only potential worth since it is a proposed business.
No, because it contains only “soft” information, such as ideas, concepts, strategies, and plans, and not “hard” scientific information, such as formulas.
Yes if Marcus takes reasonable efforts to keep the plan secret such as putting a confidentiality notice and warning on the plan.
4. The state of Mississippi passes a law that prohibits waste hauling companies from bringing out-of-state garbage to dumps located in Mississippi. Mississippi garbage would still be permitted. This law is challenged as unconstitutional by an out-of-state waste hauling company that plans to bring garbage from another state into Mississippi for dumping. The likely result of such a lawsuit would be?
The Mississippi law would be upheld as part of the power of the state to protect its citizens and residents from unpleasant sights and smells.
The Mississippi law would be struck down as unconstitutional because it discriminates against interstate commerce.
The Mississippi law would be struck down because only the federal government and the Environmental Protection Agency can regulate garbage transportation and dumping.
The Mississippi law would be upheld since transportation of garbage is not really “commerce.”