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OACETT Internationally Educated Professional Practice Sample Questions:

1. What is an injunction?

A) A punishment for a party in breach of contract
B) A court order that restrains or prohibits a party from the performance of an act
C) An awards payment for damages in a breach of contract
D) A court order when monetary damages are deemed to be inadequate

2. What do people focus on in a culture that has a short-term time orientation?

A) They focus on being on time.
B) They focus on the present.
C) They focus on the future.
D) They focus on the past.

3. What are the two most common equitable remedies?

A) Specific performance and injunction
B) Accord and satisfaction
C) Non est factum and quantum meruit
D) Frustration and accord

4. Brown and Green have a concept for a new survey measuring instrument based on their many years in the Civil Survey field. They want to establish a business to raise capital, design, manufacture, and market this new instrument. Both Brown and Green are well established, are in their mid-50s, and have no family members who would be prepared to take over the business when they are ready to retire in about 10 years.
Once the business is running and profitable, which business form facilitates getting money out of the business while maintaining the business as a going concern?

A) A partnership, because they can declare dividends, sell some of their shares, and/or pay themselves a salary.
B) A sole proprietorship, because they can declare dividends, sell some of their shares, and/or pay themselves a salary.
C) A joint venture of two sole proprietorships, because they can declare dividends, sell some of their shares, and/or pay themselves a salary.
D) A corporation, because they can declare dividends, sell some of their shares, and/or pay themselves a salary.

5. What should technology professionals aim to do when developing a greater understanding of ethics?

A) To provide them with a greater understanding of the importance of ethical theories in day-to-day life.
B) To allow them to make decisions that are more palatable to shareholders.
C) To stimulate their ability to readily identify unethical individuals and professionals.
D) To be better able to recognize ethical issues in the workplace and in their fields.

Solutions: