Business law 301 - Study guides, Class notes & Summaries

Busi 301 Week 1Laws passed by the federal or a state legislature and either approved or rejected by the executive branch are called - correct answer statutes Most American law derives from this country's legal doctrines - correct answer England Federal statutes are created by the United States _____ and approved or vetoed by the President. - correct answer Congress or legislature A typical business transaction may be impacted by many areas of the law: - correct answer before, during, a...

BUSI 301 Week 5 Ch. 15 Liberty University - Question and answers correctly solved BUSI 301 Week 5: Ch. 15 Business corporation law - correct answer Often the title for a specific state law that covers such matters as the structure of the corporation, oversight of the activity of the corporation's managers, rights of the principals in the case of the sale of assets or ownership interests, annual reporting requirements, and other issues that affect the internal rules of the business venture....

BUSI 301 Week 5: Ch. 15Business corporation law - correct answer Often the title for a specific state law that covers such matters as the structure of the corporation, oversight of the activity of the corporation's managers, rights of the principals in the case of the sale of assets or ownership interests, annual reporting requirements, and other issues that affect the internal rules of the business venture. Revised Model Business Corporation Act (RMBCA) - correct answer Model act drafted by...

BUSI 301 - Connect Homework 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 the court ...

BUSI 301 (Business Law) Chapter 1 Concepts Review Practice Questions 2024. Law - 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 Week 5: Ch. 15 questions with correct answersBusiness corporation law - correct answer Often the title for a specific state law that covers such matters as the structure of the corporation, oversight of the activity of the corporation's managers, rights of the principals in the case of the sale of assets or ownership interests, annual reporting requirements, and other issues that affect the internal rules of the business venture. Revised Model Business Corporation Act (RMBCA) - corr...

MIS 301 Final Question and answers rated A+ 2024 Five components of an information system—how are the computer and human side related? - correct answer Hardware, software, data, procedures, people Computer and human side are related through business processes. People and procedures and needed to create the processes and the technical side is needed to carry them out and keep the business functioning. The role of automation in information systems - correct answer Automation is the us...

BUSI 301 Liberty University -BUSI 301 Exam #1 with correct answersan employee hired or appointed within an organization to settle disputes is called an - correct answer ombudsperson Violetta voluntarily goes for a ride with alfredo, who is drunk. a court would regard this as: - correct answer the assumption of the risk the tort of false imprisonment protects - correct answer mental and physical interests stare decisis - correct answer lends predictability to decisional law by relying on...

BUSI 301 - Connect Homework With Complete Answers 2024. 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 Unit 3 Testagency law generally exists on the state statutory level and is based on the: - correct answer restatement (second) of agency indemnification - correct answer right of reimbursement from another for a loss suffered due to a third party's act or default vicarious liability - correct answer liability that a supervisory party (typically an employer) bears for the actionable conduct of a subordinate or associate (such as an employee) agency law - correct answer the body...