What term describes outsourcing logistics functions to a third-party company?
Answer
Third-party logistics
34719 Intermediate Trivia Questions
34719 public questions at this depth. How many can you answer?
Which port is the world's busiest container port as of 2023?
Answer
Port of Shanghai
Which company operates the world's largest container shipping fleet by capacity as of 2024?
Answer
Mediterranean Shipping Company
What legal doctrine holds an employer liable for an employee's acts within the scope of employment?
Answer
Respondeat superior
What 2002 US federal law established the Public Company Accounting Oversight Board?
Answer
Sarbanes-Oxley Act of 2002
What is the legal term for a lawsuit brought by shareholders on behalf of a corporation?
Answer
Derivative suit
What is the legal term for a contract in which one party has not yet performed their obligations?
Answer
Executory contract
Under Delaware corporate law, what vote is required to approve a merger?
Answer
Majority of outstanding shares
What is the term for the written document that creates a corporation?
Answer
Articles of incorporation
What US federal law prohibits bribery of foreign officials by companies?
Answer
Foreign Corrupt Practices Act
What US federal law requires registration of securities for public sale?
Answer
Securities Act of 1933
What US federal law governs collective bargaining and labor unions?
Answer
National Labor Relations Act
What US federal law requires equal pay for equal work regardless of gender?
Answer
Equal Pay Act of 1963
What US federal law requires employers to provide unpaid family and medical leave?
Answer
Family and Medical Leave Act
What chapter of the US Bankruptcy Code allows business reorganization?
Answer
Chapter 11
What US law prohibits age discrimination in employment?
Answer
Age Discrimination in Employment Act
What international treaty enables a single patent application for multiple countries?
Answer
Patent Cooperation Treaty
What type of corporation has a limited number of shareholders and informal operations?
Answer
close corporation
What 1986 law requires employer verification of work authorization?
Answer
Immigration Reform and Control Act
What 1985 Delaware Supreme Court case defined directors' duty of care?
Answer
Smith v. Van Gorkom
What legal doctrine requires certain contracts to be in writing?
Answer
Statute of Frauds
What is the legal term for a company formed in one state but doing business in another?
Answer
Foreign corporation
What federal law prohibits price-fixing among competitors?
Answer
Sherman Antitrust Act
What element of a contract is defined as a bargained-for exchange of value?
Answer
Consideration
What is the legal term for a court disregarding a corporation's separate legal entity?
Answer
Piercing the corporate veil
What US federal law requires public companies to maintain internal controls over financial reporting?
Answer
Sarbanes-Oxley Act
What is the legal term for a contract that can be voided by one party due to a defect?
Answer
Voidable contract
What is the name of the 1914 US antitrust law that prohibited price discrimination and exclusive dealing?
Answer
Clayton Antitrust Act
What is the legal theory that holds a product manufacturer liable without proof of negligence?
Answer
Strict liability
What federal law prohibits employment discrimination based on race, color, religion, sex, or national origin?
Answer
Title VII of the Civil Rights Act of 1964
What landmark US Supreme Court case granted corporations First Amendment free speech rights?
Answer
Citizens United v. FEC
In real estate, what does 'MLS' stand for?
Answer
Multiple Listing Service
Which architect designed the Burj Khalifa?
Answer
Adrian Smith
What is the tallest building in the European Union?
Answer
Varso Tower
What is the name of the first skyscraper to have more than 100 floors?
Answer
Empire State Building