MGMT 209 || All Correct.

What are the three types of tort law? correct answers 1. Intentional Torts: Against persons, business rights, and against property 2. Negligence: No intent, just recklessness and carelessness. 3. Strict Liability: Always liable no matter what Give example of reputation damages. correct answers ...

intellectual property rights correct answers the work of the human mind which consists of the products that result from intellectual and creative processes -US Constitution, Article 1, Section 8 gives congress this power 1) trademarks 2) trade secrets 3) copyrights 4) patents licensing a...

Litigation correct answers the process in which a lawsuit is filed in order to have the issues resolved by the courts Plaintiff correct answers the party that begins the lawsuit Defendant correct answers the party that is being sued Preponderance of the Evidence correct answers the standard...

NLRB v. Mackay Radio & Telegraph Co. correct answers This doctrine clearly establishes the legality of using permanent strike replacements in economic strikes NLRB v. Washington Aluminum Co. correct answers non-unionized workers walk off job and protest due to poor conditions = fired = firing is ...

Dispute Resolution and Regulation correct answers What are the two major roles of law in the business world? Regulatory Role correct answers In which role of the law is there government intervention involvement? The Constitution correct answers What is the supreme law of the land? Constitut...

Who is the party to whom a debt is owed to? correct answers Creditor Who is the party that owes a debt? correct answers Debtor Who owns a security interest? correct answers Secured Creditors What gives a secured creditor claims in specified property of the debtor? correct answers Security I...

What is created by all types of business manufacturing processes? correct answers Waste When wastes are disposed in the environment, what do they become? correct answers Pollution What occurs when one causes the invasion of particulate matter such as dust or soot onto the property of another? ...

Acceptance correct answers The offerees choice to accept the terms and conditions of a contract. Must be unconditional, unequivocal, and legally communicated. [In Texas, silence is normally not acceptance (Thurmond v. Wieser)] Agency correct answers A relationship in which one party (the principa...

Jurisdiction over the subject matter correct answers limitation on the types of cases a court can hear Both states and federal courts have courts of general jurisdiction and limited jurisdiction General Jurisdiction correct answers State trial court or a federal district court Can hear ca...

Constitution correct answers Supreme law of the land Constitution correct answers The ________________ establishes a federal system Constitution correct answers The ____________ establishes three branches of the national government Executive Branch correct answers branch that includes the P...

Administrative Warrants correct answers Has to do with warrants for searching a business. Different than a probable cause warrant. Easily obtained, can be waived in highly regulated industries (liquor/guns), food industry or meat packing plants Anti-Federalists correct answers people who opposed ...

Litigation correct answers -most business transactions DO NOT result in __________ -some do when a party feels that wrong has been committed or some law violated by other firms, customers, or govt. -if dispute cannot be resolved, result is lawsuit, have the dispute resolved by a court -if you ar...

Major types of torts correct answers - Intentional tort - Negligence - Strict liability Crime is wrong against __, and a tort is a wrong against __ __. correct answers Society. Private party. What is the fundamental results of criminal law and tort law? correct answers Deterrence of activit...

arbitrary/capricious standard correct answers determined by whether or not there is any rational reason for the agency decision delegation correct answers Congress gave power over certain activities to specialized administrative agencies deregulation correct answers to do away with regulation ...