Exam (elaborations)
Sport Law Test I Questions And 100% Correct Answers
- Module
- Institution
Sport Law Test I Questions And 100% Correct Answers...
[Show more]
Seller
Follow
Stetson
Reviews received
Content preview
Sport Law Test I Questions And 100% Correct AnswersWhat does the US Constitution do? - Answer Authorizes and restricts the conduct of the
federal and state governments (supreme law of the land)
What does a primary source include? - Answer Constitutions, statutes, rules and
regulations, and court decisions
What source can be relied upon in determining the law? - Answer Primary source
What is the most important source? - Answer Primary source
What does a secondary source include? - Answer Articles, journals, papers, summaries
and other written sources that summarize, explain, interpret or analyze issues or topics
of the law
What do secondary sources provide? - Answer An overview and source for locating
additional or related primary sources
What are research tools? - Answer Tools used to locate primary legal resource
Examples of research tools - Answer Digests, electronic databases, computerized legal
research
Research plan - Answer 1. Pick an issue
2. Consult an encyclopedia
3. Read and summarize what you find
4. Locate additional cases
, 5. Determine any constitutional or statutory connections
6. Organize the information
Why should researchers exercise caution when relying on secondary legal sources
especially Internet-based sources or blogs? - Answer The validity and credibility of the
source may not be reliable
What is the legal "issue" and "rationale of the court" in a court decision and why is it
important to be able to properly identify the legal issue and the court's reasoning in a
court decision? - Answer
What are the three most common business structures in Sport and Recreation? -
Answer Sole proprietorship, partnerships, corporations
What are the advantages of forming a corporation rather than a partnership? - Answer A
partnership has to trust each other, has a limited life, and is impossible to transfer
ownership/partnership.
A corporation has an unlimited life and the only legal and financial liability of the owner
is their money invested
What are the disadvantages of forming a corporation rather than a partnership? -
Answer A partnership has low cost and ease of formation and has to file an
informational tax return.
A corporation can be sued
What happens when a limited partner becomes active in managing the business? -
Answer They forfeit their status as limited partner and become a general partner
For sport organizations, what are some of the major benefits of a LLC? - Answer
Pass-through taxation, limited liability, unlimited number of shareholders, stock
ownership is open to partnership and other corporations, protection from Federal
Antitrust Law.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Stetson. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £7.18. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
85443 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now