1 Exam (elaborations) Business Law exam 1 questions and correct verified answers guaranteed success. 2 Exam (elaborations) Business Law Exam 1 Practice Questions With Well Elaborated Answers Success Guaranteed. 3 Exam (elaborations) Business Law Exam 5 Possible Questions And Answers 100% Accurate...
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What is a contract? - correct answer a binding, legally enforceable agreement. Binding - correct answer Once a party enters into a contract, the contract is binding on that party and the party must do what they agreed to do in the contract. Legally enforceable - correct answer I...
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Add to cartWhat is a contract? - correct answer a binding, legally enforceable agreement. Binding - correct answer Once a party enters into a contract, the contract is binding on that party and the party must do what they agreed to do in the contract. Legally enforceable - correct answer I...
Bi-Lateral Contract - correct answer Exchange of promises between parties for event set to happen in the future. 4 Laws of promises - correct answer 1) Consideration 2) Mutual Assent 3) No Defense 4) Writing req. Bargain for Exchange - correct answer Must benefit both parties...
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Add to cartBi-Lateral Contract - correct answer Exchange of promises between parties for event set to happen in the future. 4 Laws of promises - correct answer 1) Consideration 2) Mutual Assent 3) No Defense 4) Writing req. Bargain for Exchange - correct answer Must benefit both parties...
A material fact is a fact that a reasonable person would consider important when determining his or her course of action. - correct answer t Voluntary consent may be lacking because of misrepresentation but not because of a mistake. - correct answer f Words or terms in contracts that...
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Add to cartA material fact is a fact that a reasonable person would consider important when determining his or her course of action. - correct answer t Voluntary consent may be lacking because of misrepresentation but not because of a mistake. - correct answer f Words or terms in contracts that...
drawee - correct answer entity that is expected to accept and pay a bill of exchange (check, letter of credit, etc.) on presentation or on a certain date (called due date or maturity date) offeror - correct answer person or corp. who puts forward an offer to someone else to make a contr...
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Add to cartdrawee - correct answer entity that is expected to accept and pay a bill of exchange (check, letter of credit, etc.) on presentation or on a certain date (called due date or maturity date) offeror - correct answer person or corp. who puts forward an offer to someone else to make a contr...
Substantive Law - correct answer Creates, defines, and regulates legal rights and duties Procedural Law - correct answer States the rules for enforcing rights that exist because of substantive law Public law - correct answer The branch of substantive law that deals with the gove...
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Add to cartSubstantive Law - correct answer Creates, defines, and regulates legal rights and duties Procedural Law - correct answer States the rules for enforcing rights that exist because of substantive law Public law - correct answer The branch of substantive law that deals with the gove...
agency - correct answer contract under which one party is authorized to contract for another agency by estoppel - correct answer agency arising when one person leads another to believe third party is agent agent - correct answer person appointed to contract on behalf of another ...
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Add to cartagency - correct answer contract under which one party is authorized to contract for another agency by estoppel - correct answer agency arising when one person leads another to believe third party is agent agent - correct answer person appointed to contract on behalf of another ...
Dexter loses his breach-of-contract case against Micheletta in a Georgia state trial court. Dexter appeals to the state court of appeals. Losing again, he files his next appeal with: - correct answer the Georgia Supreme Court Transpac Corp. and Alliance, Inc., agree to a contract that includ...
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Add to cartDexter loses his breach-of-contract case against Micheletta in a Georgia state trial court. Dexter appeals to the state court of appeals. Losing again, he files his next appeal with: - correct answer the Georgia Supreme Court Transpac Corp. and Alliance, Inc., agree to a contract that includ...
One of the oldest and most significant schools of jurisprudential thought is: a. the administrative law school. b. the environmental law school. c. the legal realists. d. the natural law school. - correct answer d. the natural law school. The common law may be described as: a. general l...
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Add to cartOne of the oldest and most significant schools of jurisprudential thought is: a. the administrative law school. b. the environmental law school. c. the legal realists. d. the natural law school. - correct answer d. the natural law school. The common law may be described as: a. general l...
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