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GMGT 3300 Intro Exam Questions with All Correct Answers

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GMGT 3300 Intro Exam Questions with All Correct Answers What is a constitution? - Answer-a fundamental law of a nation or state Unitary system of government - Answer-A system where one level of government is in charge of law making Federal system of government - Answer-A system of government with two levels of legislature, federal and provincial Who makes law? - Answer-Courts and legislatures How to courts make law? - Answer-make case law through the theory of precedence How d...

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GMGT 3300 Midterm Exam Questions with All Correct Answers

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GMGT 3300 Midterm Exam Questions with All Correct Answers What is the definition of law? - Answer-it sets basic standards of behavior that are enforced by government & also by individuals and groups with the help of government (binds all, including government) What is substantive law? - Answer-the rights and duties an individual has in a society. (These are the rights and obligations of those in society. They determine how people behave) What is public law? - Answer-government is directl...

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GMGT 3300 FINAL EXAM QUESTIONS WITH 100% CORRECT ANSWERS

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GMGT 3300 FINAL EXAM QUESTIONS WITH 100% CORRECT ANSWERS What is the doctrine of part performance? - Answer-Method developed by equity to limit the statute of frauds. If the plaintiff can show that performance of the contract has begun and he has relied on its existence, the court would accept that performance as evidence of the contract without writing. Conditions that need to be satisfied: 1. Contract must concern land 2. Performance must clearly suggest the existence of a contract dea...

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GMGT 3300 Final Exam with Complete Solution 100% Guaranteed Pass

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GMGT 3300 Final Exam with Complete Solution 100% Guaranteed Pass What are remedies In common law? - Answer-damages, they are to place the party in the condition they would have been in if the contract had been fulfilled What was contract law derived from? - Answer-tort law What Is compensation in tort law? - Answer-the objective or measurement of damages to place the innocent party in the same position they would have been in if the tort had not occured The duty to mitigate - Answer-...

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GMGT 3300 STUDY TEST QUESTIONS WITH ALL CORRECT ANSWERS

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GMGT 3300 STUDY TEST QUESTIONS WITH ALL CORRECT ANSWERS What survives bankruptcy - Answer-Studet loans survive bankruptcy Almony and support payments surive RRsps survive Creditor proof assets survive Secured transactions - Collateral security - Answer-interest in property of a debtor to which creditor may look in the vent of non payment of debt Professional liability is expanding - Answer-1) because the practice of professionals is becoming more complex so there is greater chance...

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GMGT 3300 EXAM QUESTIONS AND ANSWERS PASS GUARANTEED LATEST UPDATE

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GMGT 3300 EXAM QUESTIONS AND ANSWERS PASS GUARANTEED LATEST UPDATE What is standing? - Answer-Need standing to sue. Must have special interest. Concept prevents frivolous claims. Parol evidence rule - Answer-Rule preventing party to a contract from later adding a term previously agreed upon but not included in final written contract, to contradict the contract. 3 Exceptions to Parol evidence rule - Answer-1) Not applied to written contract that never embodied all the terms. 2) If it ...

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GMGT 3300 EXAM WITH COMPLETE SOLUTION 2024/2025 LATEST UPDATE

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GMGT 3300 EXAM WITH COMPLETE SOLUTION 2024/2025 LATEST UPDATE Some problems exist with the doctrine: - Answer-1) Because you follow pre-existing decisions, if one of these courts make an error and makes a bad principle, it will persist for a long time. 2) The principles or ratios themselves in the common law system aren't that clear, they are interpreted and interpolated. Very seldom are those ratios clarified, which creates a level of uncertainty which the civil law system doesn't...

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GMGT 3300 TEST QUESTIONS AND CORRECT ANSWERS 100% VERIFIED

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GMGT 3300 TEST QUESTIONS AND CORRECT ANSWERS 100% VERIFIED What makes a contract void? - Answer-1. Missing elements 2. Mistake of subject matter or identity 3. Not my deed claims What makes a contract voidable? - Answer-1. Misrepresentation 2. Undue influence 3. Duress 4. Diminished capacity What makes a contract unenforcable? - Answer-1. Statute of frauds 2. Illegality Results of a void contract - Answer-1. No legal effect, treated as though the contract was never formed 2. No ...

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BUNDLE FOR GMGT 1010 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED

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GMGT 1010 FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT 2 Exam (elaborations) GMGT 1010 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED 3 Exam (elaborations) GMGT 1010 TEST QUESTIONS WITH ALL CORRECT ANSWERS 4 Exam (elaborations) GMGT 1010 FINAL EXAM QUESTIONS AND ANSWERS 100% CORRECT 5 Exam (elaborations) GMGT 1010 EXAM QUESTIONS AND ANSWERS

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GMGT 1010 Quiz 3 Questions with All Correct Answers

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GMGT 1010 Quiz 3 Questions with All Correct Answers Efforts by a corporation to understand and involve relevant individuals, groups, or organizations by considering their moral concerns in strategic operational initiatives - Answer-Stakeholder engagement Any effort to understand the source, nature, and extent of a question or matter in dispute facing the corporation which will result in addressing or resolving the matter - Answer-Issue analysis The ability of managers to identify stakeho...

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