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LEGL 2700 EPSTEIN PRE-FINAL UNIT 2024-2025
security -Correct Answer owning a piece of a business that others are managing; any note, stock, treasury stock, bond, debenture, evidence of indebtedness, etc 
 
securities and exchange commission (SEC) -Correct Answer agency at the federal level that is responsible for administering the federal securities laws; consists of five commissioners; possess quasi-legislative and quasi-judicial powers 
 
blue sky laws -Correct Answer state level laws that regulate the offer and sale of securities 
 
s...
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security -Correct Answer owning a piece of a business that others are managing; any note, stock, treasury stock, bond, debenture, evidence of indebtedness, etc 
 
securities and exchange commission (SEC) -Correct Answer agency at the federal level that is responsible for administering the federal securities laws; consists of five commissioners; possess quasi-legislative and quasi-judicial powers 
 
blue sky laws -Correct Answer state level laws that regulate the offer and sale of securities 
 
s...
LEGL 2700 Jason Epstein UGA Exam Study Guide Questions and Answers 2024
law -Correct Answer rules issued by the state 
 
rule of law -Correct Answer helps reduce "transaction costs"; there's certainty & predictability; laws are generally and equally applied; no one's above the law, law isn't perfect 
 
advantages of law -Correct Answer law is specifically designed in a way that we can use to our adv (ex: intellectual property, tax incentives) 
 
compliance in law -Correct Answer use compliance as a selling point (HIPAA compliant texting app) 
 
strong...
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law -Correct Answer rules issued by the state 
 
rule of law -Correct Answer helps reduce "transaction costs"; there's certainty & predictability; laws are generally and equally applied; no one's above the law, law isn't perfect 
 
advantages of law -Correct Answer law is specifically designed in a way that we can use to our adv (ex: intellectual property, tax incentives) 
 
compliance in law -Correct Answer use compliance as a selling point (HIPAA compliant texting app) 
 
strong...
LEGL 2700 test 3 Epstein UGA Questions and Answers UPDATED 2024-2025
Role of Scarcity (property) -Correct Answer need for resources overtakes supply of those resources 
 
State controlled/communism -Correct Answer govt controls resources and directs how they're divided between citizens; control means of production 
 
Property-based/capitals -Correct Answer enact laws that enable citizens to acquire, possess, use, and transfer resources; free market 
 
States generally have a mix -Correct Answer not purely one or the other 
 
Real Property -Correct Answer land,...
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Role of Scarcity (property) -Correct Answer need for resources overtakes supply of those resources 
 
State controlled/communism -Correct Answer govt controls resources and directs how they're divided between citizens; control means of production 
 
Property-based/capitals -Correct Answer enact laws that enable citizens to acquire, possess, use, and transfer resources; free market 
 
States generally have a mix -Correct Answer not purely one or the other 
 
Real Property -Correct Answer land,...
LEGL 2700 Roessing Test 3 Study Questions and Answers 2024-2025 GRADED A
contract -Correct Answer a legally enforceable promise or an exchange of promises 
 
Uniform Commercial Code (UCC) -Correct Answer -covers the sale of goods 
-goods are tangible, movable items of personal property 
-applies to individuals & firms 
-uniform state law 
-Article 2: applies to contracts 
-Section 207: "Battle of Forms" -> Deal still goes through 
 
bilateral contracts -Correct Answer -involve a promise for promise exchange ( mutual promises) 
-acceptance is before action 
 ...
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contract -Correct Answer a legally enforceable promise or an exchange of promises 
 
Uniform Commercial Code (UCC) -Correct Answer -covers the sale of goods 
-goods are tangible, movable items of personal property 
-applies to individuals & firms 
-uniform state law 
-Article 2: applies to contracts 
-Section 207: "Battle of Forms" -> Deal still goes through 
 
bilateral contracts -Correct Answer -involve a promise for promise exchange ( mutual promises) 
-acceptance is before action 
 ...
LEGL 2700 Roessing Final Exam Study Guide Questions and Answers Graded A 2024-2025
Members -Correct Answer The individuals or business entities that belong to a limited liability company 
 
Benefit Corporation -Correct Answer a corporate form that requires directors to ensure that the corporation meets explicit social goals in addition to producing shareholder profits 
 
Managers -Correct Answer A person designated and charged with day-to-day operations of a limited liability company 
 
Organizer -Correct Answer The parties responsible for bringing a limited liability company ...
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Members -Correct Answer The individuals or business entities that belong to a limited liability company 
 
Benefit Corporation -Correct Answer a corporate form that requires directors to ensure that the corporation meets explicit social goals in addition to producing shareholder profits 
 
Managers -Correct Answer A person designated and charged with day-to-day operations of a limited liability company 
 
Organizer -Correct Answer The parties responsible for bringing a limited liability company ...
LEGL 2700 Roessing Test 1 Study Questions and Answers 2024-2025
JPMorgan and Chase -Correct Answer During the housing crisis in 2010, JPMorgan and Chase didn't let their shareholders in on information that may have impacted their stock decisions. They settled a wide array of cases costing more than $20 billion. 
 
Law -Correct Answer Brings people together. 
Stated by state and backed up by enforcement. 
Made up of rules. 
Written ad Accessable 
 
Hammurabi's Code -Correct Answer The first written set of laws 
 
Rule of Law -Correct Answer Laws that ap...
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JPMorgan and Chase -Correct Answer During the housing crisis in 2010, JPMorgan and Chase didn't let their shareholders in on information that may have impacted their stock decisions. They settled a wide array of cases costing more than $20 billion. 
 
Law -Correct Answer Brings people together. 
Stated by state and backed up by enforcement. 
Made up of rules. 
Written ad Accessable 
 
Hammurabi's Code -Correct Answer The first written set of laws 
 
Rule of Law -Correct Answer Laws that ap...
Biol 252 Exam 4 Questions and Answers with Verified Solutions Graded A 2024
what nervous system does the digestive system use -Correct Answer Enteric Nervous System 
 
what covers the digestive tract -Correct Answer internal lumen 
 
Ingestion -Correct Answer Taking food in 
 
Propulsion -Correct Answer Moving through GI tract 
 
Digestion -Correct Answer mechanical and chemical break down of food 
 
Absorption -Correct Answer Passing end products from lumen to blood and lymph 
 
Tissue of lumen -Correct Answer 1. Mucosa 
2. Submucosa 
3. Muscularis externa 
4. Serosa 
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what nervous system does the digestive system use -Correct Answer Enteric Nervous System 
 
what covers the digestive tract -Correct Answer internal lumen 
 
Ingestion -Correct Answer Taking food in 
 
Propulsion -Correct Answer Moving through GI tract 
 
Digestion -Correct Answer mechanical and chemical break down of food 
 
Absorption -Correct Answer Passing end products from lumen to blood and lymph 
 
Tissue of lumen -Correct Answer 1. Mucosa 
2. Submucosa 
3. Muscularis externa 
4. Serosa 
...
BIOL 252 exam 4 study questions and answers 2024-2025
Liver -Correct Answer produces bile for fat emulsion 
 
pancreas -Correct Answer produces digestive enzymes. Accessory organ of the digestive system that is both an endocrine and exocrine gland 
 
components of bile -Correct Answer minerals, bile pigments, bile acids (salts), phospholipids, cholesterol 
 
hepatic sinusoids -Correct Answer blood filled channels between the layers of hepatocytes in the liver 
 
chymotrypsin and trypsin -Correct Answer pancreatic enzymes that digest proteins 
 
hep...
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Liver -Correct Answer produces bile for fat emulsion 
 
pancreas -Correct Answer produces digestive enzymes. Accessory organ of the digestive system that is both an endocrine and exocrine gland 
 
components of bile -Correct Answer minerals, bile pigments, bile acids (salts), phospholipids, cholesterol 
 
hepatic sinusoids -Correct Answer blood filled channels between the layers of hepatocytes in the liver 
 
chymotrypsin and trypsin -Correct Answer pancreatic enzymes that digest proteins 
 
hep...
Bio 252 Exam 4 Study Guide Questions and Answers with Complete Verified Solutions Graded A 2024-2025
what organs compose the urinary system -Correct Answer 2 kidneys, 2 ureters, the urinary bladder and urethra 
 
what are some functions of the kidneys -Correct Answer - filter blood plasma and excrete metabolic toxic waste 
- regulate blood volume, pressure, and osmolarity by regulating water output 
-regulate electrolyte and acid-base balance of body-fluids 
-secretes the hormone erythropoietin, which stimulates the production of red blood cells and thus supports the oxygen-carrying capacity...
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what organs compose the urinary system -Correct Answer 2 kidneys, 2 ureters, the urinary bladder and urethra 
 
what are some functions of the kidneys -Correct Answer - filter blood plasma and excrete metabolic toxic waste 
- regulate blood volume, pressure, and osmolarity by regulating water output 
-regulate electrolyte and acid-base balance of body-fluids 
-secretes the hormone erythropoietin, which stimulates the production of red blood cells and thus supports the oxygen-carrying capacity...
bio 252 exam 4 questions and answers 2024
digestive tract (aka GI tract) -Correct Answer Covering an internal lumen (which is actually "outside" the body) 
The disassembly line of our body 
 
accessory digestive organs -Correct Answer Teeth, pancreas, assisting in mechanical and chemical digestion 
 
Which of the following best describes the role of the esophagus in digestion? -Correct Answer Connects the mouth to the stomach and has no role in chemical digestion 
It's role is just propulsion 
 
3 roles of the stomach -Correct...
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digestive tract (aka GI tract) -Correct Answer Covering an internal lumen (which is actually "outside" the body) 
The disassembly line of our body 
 
accessory digestive organs -Correct Answer Teeth, pancreas, assisting in mechanical and chemical digestion 
 
Which of the following best describes the role of the esophagus in digestion? -Correct Answer Connects the mouth to the stomach and has no role in chemical digestion 
It's role is just propulsion 
 
3 roles of the stomach -Correct...
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