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Pacakge Deal For MIE 305 Final Exam Guide Questions and Answers with Complete Verified Solutions Graded A 2024
Pacakge Deal For MIE 305 Final Exam Guide Questions and Answers with Complete Verified Solutions Graded A 2024
[Show more]Pacakge Deal For MIE 305 Final Exam Guide Questions and Answers with Complete Verified Solutions Graded A 2024
[Show more]What is the importance of a Business Law course in a business/management 
curriculum, and/or the importance of knowing something about it to a businessperson? - 
The law is important to modern business. The history of business reveals the 
prominence of law. Educators today emphasize the role of l...
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Add to cartWhat is the importance of a Business Law course in a business/management 
curriculum, and/or the importance of knowing something about it to a businessperson? - 
The law is important to modern business. The history of business reveals the 
prominence of law. Educators today emphasize the role of l...
What are the Articles of Confederation? - the original constitution of the US, ratified in 1781 (replaced by the US Constitution in 1789) 
 
What were the weaknesses of the Articles of Confederation? - 1) Confederate congress was the only national branch of government and it served a limited functio...
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Add to cartWhat are the Articles of Confederation? - the original constitution of the US, ratified in 1781 (replaced by the US Constitution in 1789) 
 
What were the weaknesses of the Articles of Confederation? - 1) Confederate congress was the only national branch of government and it served a limited functio...
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MIE305 Exam 2 Verified Questions and Answers Graded A 2024
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Add to cartMIE305 Exam 2 Verified Questions and Answers Graded A 2024
administrative law - the body of law created by administrative agencies in order to carry out their duties & responsibilities 
 
administrative agency - a federal or state government agency established to perform a specific function 
 
national/cabinet level agencies - executive agencies 
-exist wit...
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Add to cartadministrative law - the body of law created by administrative agencies in order to carry out their duties & responsibilities 
 
administrative agency - a federal or state government agency established to perform a specific function 
 
national/cabinet level agencies - executive agencies 
-exist wit...
What is law? - the system of rules which a particular country or community recognizes as regulating the actions of its memberss and which it may enforce by the impostition of penalties 
 
What is civil law? - no criminal charges, suing, divorcing, 
 
all about using the judicial legal power of stat...
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Add to cartWhat is law? - the system of rules which a particular country or community recognizes as regulating the actions of its memberss and which it may enforce by the impostition of penalties 
 
What is civil law? - no criminal charges, suing, divorcing, 
 
all about using the judicial legal power of stat...
Law - A body of enforceable rules governing relationships among individuals and between individuals and their society 
 
Liability - The state of being legally responsible for something, such as a debt or obligation 
 
Contract Breach - The failure to perform a legal obligation 
 
Primary Sources of...
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Add to cartLaw - A body of enforceable rules governing relationships among individuals and between individuals and their society 
 
Liability - The state of being legally responsible for something, such as a debt or obligation 
 
Contract Breach - The failure to perform a legal obligation 
 
Primary Sources of...
What are the "bundle of rights" associated with property ownership? - 1) Control; 
2) Possession; 
3) Enjoyment; 
4) Exclusion; 
5) Disposition 
 
Possession - The property is legally owned by whoever owns the title. 
 
Control - The titled owner (freeholder) controls the use of the property. 
 
E...
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Add to cartWhat are the "bundle of rights" associated with property ownership? - 1) Control; 
2) Possession; 
3) Enjoyment; 
4) Exclusion; 
5) Disposition 
 
Possession - The property is legally owned by whoever owns the title. 
 
Control - The titled owner (freeholder) controls the use of the property. 
 
E...
When choosing an organizational form, entrepreneurs should consider: - Ease of creation 
Owners' liability--maximize gain, limit risk of loss 
Tax considerations--pass through or entity tax? 
Ability to raise capital--Private funding or shares? 
 
Basic forms of Business Organization - Sole propri...
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Add to cartWhen choosing an organizational form, entrepreneurs should consider: - Ease of creation 
Owners' liability--maximize gain, limit risk of loss 
Tax considerations--pass through or entity tax? 
Ability to raise capital--Private funding or shares? 
 
Basic forms of Business Organization - Sole propri...
Possession - Bundle of Right that is the right to claim title over the property, one exerts dominion and ultimate power over it 
 
Control - Bundle of Right that is the right to decide how the property is to be used, or employed 
 
Enjoyment - Bundle of Right that is the means by which the rights-ho...
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Add to cartPossession - Bundle of Right that is the right to claim title over the property, one exerts dominion and ultimate power over it 
 
Control - Bundle of Right that is the right to decide how the property is to be used, or employed 
 
Enjoyment - Bundle of Right that is the means by which the rights-ho...
Real Property - The legal interests in land and things attached to, or growing on land. 
 
Personal Property - Referred to generally as chattel, the rights, powers, and privileges a person has in things that are not real property, may be transferred by sale, gift, or will. 
 
Chattels Real - An inte...
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Add to cartReal Property - The legal interests in land and things attached to, or growing on land. 
 
Personal Property - Referred to generally as chattel, the rights, powers, and privileges a person has in things that are not real property, may be transferred by sale, gift, or will. 
 
Chattels Real - An inte...
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