The FDA-Directed Civil Action That Calls for Removal of Products

question 21

Multiple Choice

The FDA-directed civil action that calls for removal of products from distribution channels is known as:

• A) injunction.
• B) seizure.
• C) prosecution.
• D) quarantine.

Recognize the types of corporate amendments and their approval processes.

Describe the concept of fairness in cash-out combinations.

Compare and contrast management buyouts with cash-out combinations.

Understand the concept of McJobs and their characteristics.

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Definitions:

Defamation

The act of damaging someone's good reputation through false statements, either spoken (slander) or written (libel).

Civil Law

A legal system that is based on written statutes and codes, as opposed to common law, which is based on judicial decisions and precedent.

Criminal Law

The body of law dealing with actions considered harmful or offensive against the public, society, or the state, subject to punishment such as imprisonment or fines.

Statute

A law that has been formally enacted by a federal or state legislative body.