Leb 320 - Study guides, Class notes & Summaries

LEB 320F UT Final Exam Questions and Answers

LEB 320F FINAL- Midterm 2 Exam Questions and Answers

LEB 320F Final Practice Exam Questions with All Correct Answers Which one of the following is not a typical fashion by which an agency relationship ends? Mutual Agreement. Occurrence of a Specified Event. Statute of Limitations. Fulfillment of Purpose. - Answer-Statute of Limitations. There is, generally, no limit on how long one of these relationships can last prescribed by state or federal law. A, B, and D are all usual methods by which an agency relationship may end. Other com...

LEB 320F EXAM 2 QUESTIONS AND ANSWERS

LEB 320F FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT Which of the following amount to personal property? An acre of land valued at $4,999. A used car valued at $5,001. A pen, valued at $1. Both A and C Both B and C - Answer-Both B and C Franklin makes the following gifts: $45,000 to his brother Bill for to pay for Bill's surgery. $30,000 to his sister Sue to pay her living expenses while she is unemployed. $15,000 to his Aunt Annie for Annie's birthday. What amount of the t...

LEB 320F Court Cases Exam Questions and Answers

LEB 320F book questions and answers

LEB 320F FINAL EXAM QUESTIONS AND ANSWERS GRADED A+ What is the difference between "executed" and "executory" contracts? An executed contract is one where all parties have fulfilled their obligations, while an executory contract has ongoing obligations that have not yet been completed. How does "statute of frauds" affect contract enforcement? The statute of frauds requires certain types of contracts to be in writing to be enforceable, such as contracts for real estate transa...

LEB 320F All Quiz Questions Latest Update Graded A+ What is the primary purpose of a contract? - To create obligations between parties - To ensure fairness in all business dealings - To promote goodwill between businesses - To legally bind parties to agreed terms Which of the following is a requirement for a contract to be enforceable? - Verbal agreement between parties - Mutual consideration - A written promise to fulfill - Offer, acceptance, and consideration What is the ...

Court Cases LEB 320F Latest Update Graded A+ What is the significance of the Marbury v. Madison case in U.S. law? The Marbury v. Madison case established the principle of judicial review, allowing courts to declare laws unconstitutional. How did the Brown v. Board of Education case impact the U.S. education system? The Brown v. Board of Education case declared racial segregation in public schools unconstitutional, leading to desegregation. What precedent was set by the Miranda ...