Question

QUESTION 1

The following are not committees of a corporation: Executive. Bylaws, Finance.

True

False

QUESTION 2

An employee is the same thing as an Independent Contractor

True

False

QUESTION 3

If a physician is not a full-time hospital employee, the hospital may still be liable for the Physician's negligence.

True

False

QUESTION 4

The antitrust laws are based on the premise that free markets are a good thing.

True

False

QUESTION 5

The FTC (Federal Trade Commission) is the agency that monitors the marketplace regarding antitrust activity.

True

False

QUESTION 6

A hospital that is tax exempt may lose its tax exempt status if it engages in non tax exempt activities.

True

False

QUESTION 7

If a woman is unconscious but in labor, this condition is an emergency to which the concept of implied consent can be applied.

True

False

QUESTION 8

As a general rule, patients may not refuse lifesaving treatment.

True

False

QUESTION 9

Parental consent to treat a minor is always required.

True

False

QUESTION 10

A guardian is sometimes appointed if a person is incapable of making their own decisions.

True

False

Answer 1

1.

True

A corporation have standing committees such as executive committee and finance committee. But, bylaws are as such no any committee, rather it is the set of rules, that is used to govern the corporation.

2.

False

Employees have employment contract with different terms and conditions to the contractor contract, though both the same organization.

3.

True

Here, Hospital will be held liable as per the apparent authority doctrine that identifies that patients coming to the hospital and getting treatment from this physician, are under the impression that services are rendered by hospital as employer of these physicians.

4.

True

It brings benefits to the consumers, creates space for the smaller firms and prohibits bigger firms from doing any monopolization activities.

5.

FTC is the agency and other than that, it is the department of Justice that looks after the anti-trust laws.

Pl. repost other unanswered questions for their proper answers!