Gbl 385 Study guides, Class notes & Summaries

GBL 385 Final Exam | Questions And Answers Latest {} A+ Graded | 100% Verified

The ____ and ____ Amendments respectively prohibit the federal and state governments from depriving any person of life, liberty, or property without due process of law. - Fifth, Fourteenth I am aware there are no makeups given for quizzes. - true A court of original jurisdiction may be referred to as the ______________________ court - trial _________ is the power of the courts to hear a case and render a decision that is biding on the parties. - jurisdiction A court with ___________ jurisd...

Which one of the following is NOT true of a criminal suit - One purpose of a criminal suit is compensation for the victim Penny is a "payday" lender charge with filing false claims in bankruptcy proceedings against her debtors. The standard approved to find a defendant has been charged with a crime guilty is - Beyond a reasonable doubt Slate, the president of Silly Financial Investments, Inc. (SFII), and Wilma, SFII's accountant, are charged with a crime, after the police search SFII's...

What is an Offer? - 1) opinions about future results, including professional opinions 2) statements of intention (including letters of intent which merely memorialize negotiations) 3) invitations to submit a bid 4) price estimates 5) advertisements, catalogs and mass mailings 6) auctions with reserve Characteristics of sole proprietorship - Unlimited personal liability for losses Management No formalities Net profits taxable to owner Can file fictitious business name (d/b/a) CORPORATI...

Intentional Torts - o Torts in which the defendant possessed the intent or purpose to inflict the resultant injury Jurisdiction - o A court's jurisdiction is set by law and limited by territory and type of case o Is the authority of a court to hear and decide cases o Courts settle disputes A private party v. government State v. United States Government Individual v. individual Civil Law - o Anything that is not criminal in nature o Proof needed: preponderance of the evidence o Governm...

What is a promissory estoppel - Ability to go to court and be made whole financially due to lack of completion of contract by a party under such types of contracts - Express - agreement made by words Implied in fact - agreement made by conduct Economic Damages - Compensation for monetary losses Sources of Contract law - Common law Restatement Uniform Commercial code Common law and contract law - in most jurisdictions, contract law is not codified, and thus the primary source of general ...

GBL 385 Final Exam – Molesky | Questions And Answers Latest {} A+ Graded | 100% Verified

criminal law - statutory civil law - statutory and case made types of legal liability - (1) STATUTORY LIABILITY (2) *CONTRACT LIABILITY* (3) TORT LIABILITY what is a contract - A contract Is a Legally Enforceable Agreement (offer and Acceptance) Voluntarily Entered Into between two (or more) Competent Parties, to Do or Not to Do something that is Possible to Be Done, that is Not Unlawful, and that is supported by Consideration. contract requires - A validly formed contract must...

GBL 385 Exam 4 2024/5. (Answered) 70 Questions and Correct Answers. 100% Correct.