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business law Collin College -Unit 1 Business Law fully solved

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business law Collin College -Unit 1 Business Law fully solvedLaw - correct answer Rule of civil conduct commanding what is right and prohibiting what is wrong. Business Law - correct answer Those rules of conduct prescribed by a government and it's agencies, in regulating business transactions. ...

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business law Collin College -Unit 1 - Business Law correctly answered

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business law Collin College -Unit 1 - Business Law correctly answeredA law is: - correct answer a rule of civil conduct prescribed by the supreme power in a state Which of the following is a function of the law in the United States? - correct answer Maintain stability while simultaneously permitt...

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business law Collin College -Principles of Business Law fully solved

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business law Collin College -Principles of Business Law fully solved Taylor v Johnson - correct answer Land, unilateral mistake Balfour v Balfour - correct answer Ceylon, Agreements between family members Cohen v Cohen - correct answer Dress allowance, agreements between family members Mer...

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business law Collin College -Introductory Business Law (CLEP) with answers graded A+

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business law Collin College -Introductory Business Law (CLEP) with answers graded A+law - correct answer a representation of a set of rules or principles established by government or other controlling body that members of society must follow and obey legal system - correct answer a system of esta...

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business law Collin College -International Business Law: Exam 1 with answers

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business law Collin College -International Business Law: Exam 1 with answers3 Types of Legal Relationships - correct answer 1) Nation to Nation 2) Nation to Individual 3) Person/Entity to Foreign Person/Entity 8 Sources of Law - correct answer 1) International Conventions: Multilateral agreemen...

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business law Collin College -FBLA Business Law questions n answers

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business law Collin College -FBLA Business Law questions n answers acceptance - correct answer The second party's unqualified willingness to go along with the first party's proposal accord and satisfaction - correct answer A legal way to settle contractual disputes by which one party agrees to...

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Exam 1 Business Law Class Notes

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Exam 1 Business Law Class NotesCommerce Clause - correct answer Congress shall have the power to regulate commerce with foreign nations and among several states Sherman Act (1890) - correct answer Every contract or conspiracy, in restraint of trade or commerce among the several states or with for...

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Chapter 1 Business Law questions well answered graded A+

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Chapter 1 Business Law questions well answered graded A+What is business law? - correct answer business law consists of the enforceable rules of conduct that govern commercial relationships How does business law relate to business education? - correct answer constitutions, legislatures, regulator...

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business law Collin College -BUSINESS LAWS (PRELIMS) correctly answered rated A+

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business law Collin College -BUSINESS LAWS (PRELIMS) correctly answered rated A+ART. 1767 - correct answer By the contract of the partnership, two or more persons bind themselves to contribute money, property, or industry to a common fund with the intention of dividing the profits among themselves. ...

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business law Collin College -Business Law fully solved

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business law Collin College -Business Law fully solvedWhat is Agency? - correct answer A representative relationship where one person (the agent) may acquire rights on behalf of another person (the principal) by entering into contracts with others on behalf of the principal. What is agencies most...

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business law Collin College -Business Law well answered to pass

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business law Collin College -Business Law well answered to passThe source of law that is foundational in the US legal system is - correct answer Constitutional Law Which branch of the government is not elected by the people? - correct answer Judicial "Law is the command of a sovereign" repre...

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business law Collin College -Business Law correctly answered

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business law Collin College -Business Law correctly answeredBusiness Law - correct answer A set of established rules governing commercial relationships, including the enforcement of rights Law - correct answer The set of rules and principles guiding conduct in society Breach of Contract - corr...

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business law Collin College -Business Law with answers rated A+

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business law Collin College -Business Law with answers rated A+consideration - correct answer the inducement to enter into a contract- something of legal value must be exchanged 1. legal sufficiency 2. bargained for exchange legal sufficiency - correct answer promise must give up something of ...

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business law Collin College -Business Law correctly answered

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business law Collin College -Business Law correctly answeredWhat is the normal penalty for breach of a civil wrong? - correct answer compensation for damages suffered What is business law? - correct answer Business law is concerned with rules of conduct prescribed by government for the performanc...

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business law Collin College -Business Law correctly answered graded A+

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business law Collin College -Business Law correctly answered graded A+precedent - correct answer an earlier case that decide the same legal issue as that presently in dispute, and which therefore will control the outcome of the current case. common law - correct answer Judge-made law, that is, th...

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business law Collin College -Business law test correctly to pass

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business law Collin College -Business law test correctly to passBusiness Ethics - correct answer deals with directly with business the way you interact with the community Categorical imperative - correct answer trying to determine what is right and what is wrong think about someone else doing it...

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business law Collin College -Business Law Test 1 well answered rated A+

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business law Collin College -Business Law Test 1 well answered rated A+Three branches of Government - correct answer Legislative, Executive Judicial Legislative Branch - correct answer the branch of the United States government that has the power of legislating, The legislative branch creates the...

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business law Collin College -Business law semester 1 with complete solutions

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business law Collin College -Business law semester 1 with complete solutionssix elements of a contract (all must exist to be valid) - correct answer tance ne agreement deration ity ity counteroffer - correct answer An offeree's response to an offer in which the offeree rejects the origin...

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business law Collin College -Business Law Review updated to pass

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business law Collin College -Business Law Review updated to passstare decisis - correct answer A common law doctrine under which judges are obligated to follow the precedents established in prior decisions. allege - correct answer To state, recite, assert, or charge. appellant - correct answer...

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business law Collin College -Business Law Questions well answered rated A+

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business law Collin College -Business Law Questions well answered rated A+Any rate of interest above the maximum rate allowable by law is: a. fiduciary b. usury c. undue influence d. duress - correct answer b. usury The party who makes an offer is called the: a. offeree b. offered c. offer...

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business law Collin College -Business Law Past Exam Questions correctly answered

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business law Collin College -Business Law Past Exam Questions correctly answeredThe court may grant a ______ if after reviewing the pleadings, the judge determines that the only reasonable decision is in favor of the moving party - correct answer motion for judgement on the pleadings The group th...

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business law Collin College -Business Law Midterm with 100% correct answers

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business law Collin College -Business Law Midterm with 100% correct answers The law in the United States has been influenced by English, French and Spanish law. - correct answer True Many countries in Europe still follow the civil law system. - correct answer True Businesses that are organize...

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business law Collin College -Business Law- International Law with verified answers

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business law Collin College -Business Law- International Law with verified answersNational Law - correct answer Laws of a particular nation International law - correct answer body of law formed as a result of international customs, treaties, and organizations that govern relations among or betwee...

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business law Collin College -Business Law Flashcards fully solved

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business law Collin College -Business Law Flashcards fully solvedAdministrative Agencies - correct answer commissions or boards that have the power to regulate particular matters or implement laws Antitrust Laws - correct answer laws designed to prevent an individual, corporation, or other group ...

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business law Collin College -Business Law Final Exam verified already passed

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business law Collin College -Business Law Final Exam verified already passedOne type of punishment in a criminal case is that the defendant who is held liable must pay a fine to the government. - correct answer True All schools of jurisprudence assert that the law is one thing and morality is ano...

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business law Collin College -Business Law: FINAL EXAM Study Guide correctly answered

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business law Collin College -Business Law: FINAL EXAM Study Guide correctly answeredconstitution - correct answer The document that sets forth the framework of a government and its relationship to the people it governs. Common law - correct answer based upon the current standards or customs of th...

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business law Collin College -Business Law FBLA questions with complete solutions

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business law Collin College -Business Law FBLA questions with complete solutionsAcceptance - correct answer The second party's unqualified willingness to go along with the first party's proposal Accord and Satisfaction - correct answer A legal way to settle contractual disputes by which one par...

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business law Collin College -Business Law Examples correctly answers

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business law Collin College -Business Law Examples correctly answersI sell you my car and you have not given me the money - correct answer Executory I gave you the car and you gave me the money - correct answer Executed I have a healthcare proxy but I can't control your money, and I couldn't...

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business law Collin College -Business law EXAM 1 questions well answered

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business law Collin College -Business law EXAM 1 questions well answeredM & M candies wants its suppliers to conform to U. S. environmental and labor laws, not just the local laws in the supplier's country, where regulations may not be as stringent. Their policy reflects the beliefs that people hav...

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business law Collin College -Business Law Exam 1 fully solved

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business law Collin College -Business Law Exam 1 fully solved When Sara stole an apple from the grocery store, her mother made her return it. Sara complained that it was just one apple and the store wouldn't notice. Her mother explained that if she began stealing apples, she would soon move on to b...

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business law Collin College -Business Law- Exam 1 fully solved

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business law Collin College -Business Law- Exam 1 fully solvedStable legal system in U.S. - correct answer stable and flexible system - other countries try to copy, but cant executive branch - correct answer makes law by executive order, president use to make law Legislative branch - correct a...

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business law Collin College -Business Law Exam 1 Study Guide fully solved rated A+

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business law Collin College -Business Law Exam 1 Study Guide fully solved rated A+Common Law - correct answer Developed by judges who issue their opinions when deciding a case. Statutes - correct answer Written law enacted by the legislative branch of the federal & state governments that establis...

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business law Collin College -Business Law Exam 1 Chapters 1-7 questions with answers

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business law Collin College -Business Law Exam 1 Chapters 1-7 questions with answersDefinition of law - correct answer Enforceable rules governing relationships among individuals and between individuals and their society Function of law - correct answer Provide stability predictability and contin...

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Business Law Exam 1 chapters 1,2,3,4 questions well answered

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Business Law Exam 1 chapters 1,2,3,4 questions well answeredLaws and regulations affect virtually ____ - correct answer all business activities Business Decisions are affected by: - correct answer Torts, Agency Law, Product Liability, Intellectual Property Rights, Negotiable Instruments, Creditor...

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Business Law exam 1 (ch. 1-19) sample questions with answers

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Business Law exam 1 (ch. 1-19) sample questions with answers(T/F) 1 Common law is a type of law that only applies to "common" transactions involving less than $100. - correct answer False (T/F) Law consists of suggestions and policies that society uses to advise individuals in their relations...

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Business Law Exam 1 (ch. 1-4) with 100% correct answers rated A+

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Business Law Exam 1 (ch. 1-4) with 100% correct answers rated A+administrative agency - correct answer a federal, state, or local government agency established to perform a specific function; administrative agencies are authorized by legislative acts to make and enforce rules to administer and enfor...

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Business Law Exam #2 (STUDY GUIDE) with complete solutions rated A+

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Business Law Exam #2 (STUDY GUIDE) with complete solutions rated A+Contract - correct answer Agreement that is enforceable by a court of law or equity Unilateral Contract - correct answer A contract in which the offeror's offer can be accepted only by the performance of an act by the offeree. (A...

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business law Collin College -Business Law Exam #1

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business law Collin College -Business Law Exam #1why do legal systems evolve? - correct answer to encourage and promote stability and order define law - correct answer a body of enforceable rules which govern relationships among and between individuals and society defin substantive law - corre...

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business law Collin College -Business Law Exam #1

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business law Collin College - What is law? - correct answer consists of enforceable rules governing relationships among individuals and between individuals and their society What feature do all laws have in common? - correct answer they establish rights, duties, and privileges that are consiste...

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business law Collin College -business law essentials questions with 100% correct answers

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business law Collin College -business law essentials questions with 100% correct answersCriminal Law - correct answer requirements imposed by government on citizens by statute or ordinance where the conduct represents a societal interest in need of protection enforceable contract - correct answer...

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business law Collin College -Business Law Civil Law questions well answered

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business law Collin College -Business Law Civil Law questions well answeredTort - correct answer An interference of another's rights Tortfeasor - correct answer Someone who intentionally commits a tort Tort Law - correct answer Be free of bodily harm Enjoy a good reputation Conduct business...

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Business Law Chapters 1, 3, 4, and 5 fully solved graded A+

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Business Law Chapters 1, 3, 4, and 5 fully solved graded A+The base of our legal system - correct answer Largely based upon the English model. Also the Iroquois Native Americans played a role in the creation of our government. How many nations made up the Iroquois group? - correct answer 5, the m...

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Business law chapter 1 questions fully solved

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Business law chapter 1 questions fully solved Laws - correct answer Enforceable rules of conduct in a society Code - correct answer Laws grouped into an organized form Sovereign - correct answer A supreme ruler Common law - correct answer Law based on current standards or customs of the peo...

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business law Collin College -Business Law CH 1-4 questions with complete solutions

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business law Collin College -Business Law CH 1-4 questions with complete solutionsWhat is the importance of a Business Law course in a business/management curriculum or a business person? - correct answer Legal concepts, principles, and rules provide the foundation for the conduct of business. The l...

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business law Collin College -Business Law CH 1 correctly answered

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What is the importance of a Business Law course in a business/management curriculum or a business person? - correct answer Legal concepts, principles, and rules provide the foundation for the conduct of business. The law determines who may conduct business, how it can be conducted, and what to do if...

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Business Law Basics: Assessment 2 verified to pass

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Business Law Basics: Assessment 2 verified to passWhich of the following protects new and improved products? - correct answer Patent Which of the following types of law deals with rules for securing and enforcing legal rights to original ideas and inventions? - correct answer Intellectual Propert...

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Business Law 2 with verified answers

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Business Law 2 with verified answers Common Law - correct answer This governs contracts involving employment, services, insurance, real property (land), patents, and copyrights. Uniform Commercial Code - correct answer Article 2 of the UCC governs contracts for the sale of goods. formal - cor...

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Business Law 1 questions with complete solutions

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Business Law 1 questions with complete solutions1. Which of the following best defines business law? a. legal responsibility for the occurrence of an event causing loss b. rules governing commercial relationships and the enforcement of rights c. rules governing procedures involved when one per...

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Business Law 1 - Exam 1 questions with answers

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Business Law 1 - Exam 1 questions with answers The law - correct answer Rules that govern two types of relationships What are the two types of relationships that the law governs? - correct answer 1.Among individuals 2. Between individuals and society Legal Philosophy - what three places does...

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Business Law (Obligations and Contracts) fully solved graded A+

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Business Law (Obligations and Contracts) fully solved graded A+Obligation - correct answer Derived from the Latin word "obligation" which means "tying" or "binding.". It is a juridical necessity to give, to do, or not to do. It is a tie or bond recognized by law by virtue of which one is bound...

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Business Law (Legality) questions with answers

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Business Law (Legality) questions with answersLegality - correct answer The subject matter of the contract must be _______ . the purpose of the contract must not be criminal, tortious, or otherwise against public policy. If performance of the contract would, at the time of contracting, be prohib...

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business law Collin College -Business Law (Chapters 1-20) fully solved

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business law Collin College -Business Law (Chapters 1-20) fully solvedMorality - correct answer Values that govern a society's attitude toward right and wrong Ethics - correct answer Means for determining what a society's values ought to be Honesty - correct answer Character trait of a perso...

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business law Collin College -Business Law (Chapters 1-10) with answers

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business law Collin College -Business Law (Chapters 1-10) with answersCivil Law - correct answer An individual brings action against another seeking a monetary or equitable remedy. Criminal Law - correct answer The state or federal government brings action against an individual seeking a remedy...

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business law Collin College -Business Law - Exam 1 (Chapters 1-6) with answers

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business law Collin College -Business Law - Exam 1 (Chapters 1-6) with answers Rule of Law - correct answer general and equal application of laws, even to lawmakers Supreme Law of the Land vs. Highest Court - correct answer Supreme Law of the Land- U.S. Constitution Highest Court- U.S. Supreme...

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