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CLEP tests are primarily multiple-choice exams (though some include fill-in or ordering questions, and one College Composition exam has an essay section) which are scored on a scale from 20 to 80. The majority of schools grant credit for a score of 50 or higher, but passing scores are determined by the individual schools and may vary.
The College Board was also criticized for administering the exams during times inconvenient for students outside of the contiguous United States with exams in some countries like Japan and South Korea being scheduled at 3:00 a.m. [13] In response, the College Board has offered free CLEP testing to students overseas who were unsatisfied with ...
Business law consists of many different areas of law, including: contracts, the law of corporations and other business organizations, securities law, intellectual property, antitrust, secured transactions, commercial paper, income tax, pensions and benefits, trusts and estates, immigration law, labor law, employment law, and bankruptcy. It is a ...
Commercial law (or business law), [1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities.
Multiple choice questions lend themselves to the development of objective assessment items, but without author training, questions can be subjective in nature. Because this style of test does not require a teacher to interpret answers, test-takers are graded purely on their selections, creating a lower likelihood of teacher bias in the results. [8]
Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations .
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