BUSI 301 (BUSI 301)
Liberty University
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BUSI 301 Ch. 2 questions n answers graded A+
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BUSI 301 Ch. 2 questions n answers graded A+The first ten amendments to the Constitution are referred to as: - correct answer The Bill of Rights. 
 
Freedom from unreasonable searches and seizures is found in the ___________________ Amendment. - correct answer Fourth. 
 
Purely commercial speech (speech with no political implications whatsoever) is entitled to...... - correct answer Partial First Amendment protection. 
 
The _______________ Amendment gives corporations free speech protections. -...
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BUSI 301 Ch. 17 questions and answers rated A+
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BUSI 301 Ch. 17 questions and answers rated A+ 
Administrative Law - correct answer A body of law and regulations that governs the organization and operation of administrative agencies 
 
Administrative agencies - correct answer Governmental bodies with the authority to implement and administer particular legislation 
 
Rulemaking - correct answer Legislative function charged to administrative agencies, whereby they create legally enforceable rules in order to fill in the details of a statute 
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BUSI 301 Chapter 4 with correct solutions
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BUSI 301 Chapter 4 with correct solutions 
civil litigation - correct answer a dispute resolution process where parties and their attorneys argue their positions in a court of law 
 
ADR is typically considered as adversarial as litigation - correct answer false 
 
A method of ADR that brings an independent reviewer to address complex or industry-specific disputes is: - correct answer expert 
 
standing to sue - correct answer the requirement that plaintiffs have a serious interest in a case, wh...
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BUSI 301 Chapter 6 questions with complete solutions
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BUSI 301 Chapter 6 questions with complete solutionsA Contract... - correct answer is more than an agreement between two or more parties. Contracts are enforced agreements between the parties. One generally accepted definition of a contract is a promise or a set of promises enforceable by law. 
 
The necessary elements of a contract: - correct answer 1. Mutual Assent 
2. Capacity to contract 
3. Consideration 
4. Legal purpose 
 
Mutual Assent - correct answer There must be an offer and agreemen...
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BUSI 301 Chapter 8 questions with correct answers 100%
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BUSI 301 Chapter 8 questions with correct answers 100%goods - correct answer tangible personal property that is movable at the time of identification to a contract of sale; money and information are not included under the UCC, however future goods are 
 
The UCC applies only to: - correct answer sales contracts 
 
sales contract - correct answer A contract for the sale of goods under which the ownership of goods is transferred from a seller to a buyer for a price. 
 
merchant - correct answer On...
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BUSI 301 Liberty University -BUSI 301 Chapter 13 verified/passed
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BUSI 301 Liberty University -BUSI 301 Chapter 13 verified/passedPrincipals - correct answer Owners of a business entity 
 
Sole Proprietorship - correct answer One-person business entity with minimal filing requirements 
 
Partnership - correct answer Multiple-person business entity where the partners conduct an ongoing business relationship in which profits and losses are shared 
 
Express Partnerships - correct answer Partnerships formed when the parties have agreed to conduct a partnership on...
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BUSI 301 Liberty University -BUSI 301 Chapter 21 correctly answered
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BUSI 301 Liberty University -BUSI 301 Chapter 21 correctly answeredExpress warranty - correct answer The seller makes a representation of fact about a product 
 
Many arise in the context of advertising 
 
Implied warranty - correct answer The seller has not made a specific representation about the product, the buyer is still protected by the UCC 
 
Implied warranties - correct answer 1. Merchantability: every sale of a product from a merchant to a buyer. Fit for ordinary use 
 
2. Fitness for a...
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BUSI 301 Liberty University -BUSI 301 Exam #1 with correct answers
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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...
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BUSI 301 Liberty University -BUSI 301 Exam 1 correctly answered already passed
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BUSI 301 Exam 1The U.S Patent and Trademark Office (USPTO) has granted protection to trade dress characteristics so long as the mark holder proves that the trade dress provides an exclusive link to the source product in the consumer's mind. - correct answer True 
 
In a trademark infringement claim, evidence of consumer confusion is not necessary in order for the mark holder to prevail and prevent another from using the holder's mark. - correct answer False 
 
Courts are reluctant to allow fai...
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BUSI 301 Liberty University -BUSI 301 Exam 2 correctly answered
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BUSI 301 Liberty University -BUSI 301 Exam 2 correctly answered_____ is typically accomplished by attaching some event, known as a(n) ______ that must occur before a particular performance obligation is triggered. - correct answer Risk Allocation; Condition 
 
A(n) ______ means that an event that must occur before performance under a contract is due. - correct answer Condition Precedent 
 
If the elements of contract formation are satisfied, the contract must still:______. - correct answer be i...
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