BUSI 301 (BUSI 301)

BUSI 301 - CH 3 questions n answers 100% correctjudiciary branch - correct answer has 2 primary roles: 1. courts adjudication role - resolves disputes 2. judicial review - review decisions of lower courts or the actions of other branches U.S. system of government is a "federal" system - correct answer 2 distinct levels: 1. state 2. federal state courts - correct answer adjudicates cases arising under state statutes, state common law, or state constitutional law federal courts - co...

BUSI 301 - Connect Homework questions well answered graded A+ What type of litigation involves parties and their counsel arguing their respective positions on a business controversy in a court of law? - correct answer Civil In a business context, dispute resolution should be: - correct answer 1. a part of business strategy. 2. a part of business planning. How does a plaintiff initiate a civil lawsuit? - correct answer Filing a complaint Documents filed by a party to the lawsuit, asking...

BUSI 301 - LAW questions and answers graded A+A lack of genuine assent occurs in all of the following cases except:______. failure to reduce the contract to a writing. The signature of the ______ is the one element of contract formality that is uniformly required. party against whom enforcement is sought Brainpower Read More Imposing conditions to a contract helps the parties allocate or adjust _____ associated with performing a contract. risk Passing the CPA exam or meetin...

BUSI 301 Liberty University -BUSI 301 - Week 2 Civil Litigation - correct answer a dispute resolution process of civil (noncriminal) cases in public courts of law. Dispute Resolution - correct answer A method of handling complaints outside the judicial process through a mediator appointed by the court Arbitration - correct answer settling a dispute by agreeing to accept the decision of an impartial outsider informal settlements/consent decrees - correct answer practical devices to cut ...

BUSI 301 Liberty University -BUSI 301 (Business Law) Chapter 1 Concepts verifiedLaw - correct answer A body of rules of action or conduct prescribed by controlling authority and having legal binding force In what type of terms should you think of law? - correct answer Broad terms What is the common characteristic of the current state of law? - correct answer It creates duties, obligations, and rights that reflect accepted views of a given society How is law classified? - correct answer ...

BUSI 301 Liberty University -BUSI 301: Agency Employment well answeredAgency - correct answer a legal relationship in which the parties agree, in some form, that one party will act as an agent for another party, called the principal, subject to the control of the principal (T/F) Agency law generally exists at the federal statutory level and is based on the Restatements (Second) of Agency. - correct answer False The law of agency often overlays and interacts with other areas of the law, esp...

BUSI 301 Liberty University -BUSI 301 Business Law Exam 2 correctly answeredElements of a Contract - correct answer agreement, consideration, capacity, legality Agreement - correct answer offer and acceptance Consideration - correct answer bargained-for exchange and legally sufficient Capacity - correct answer minor, incompetent, intoxicated Legality - correct answer gambling, crime Guinuiness of Assent - correct answer A mistake or misrepresentation Form - correct answer writi...

BUSI 301 Liberty University -BUSI 301 CH reviews updated already passed what provides formal notice to a defendant that a suit has been filed and gives the defendant a deadline by which to respond - correct answer summons if other dispute resolution fails, the case will go to - correct answer trial ADR clauses are commonly contained in contracts related to ... - correct answer sales of goods, brokerage agreements, employment a party in a lawsuit may request the court to take an action ...

BUSI 301 Liberty University -BUSI 301 Ch. 1 fully solved The executive at the state level , who approves or vetoes state statutes, is the ______________. - correct answer Governor. The U.S. Constitution establishes:____________. Check all that apply. - correct answer Individual civil rights and protective procedures; A structure for federal and state governments; The concept of federalism and shared state and federal powers. __________ courts review trial court decisions and may overturn ...