Lsb 3213 okstate - Study guides, Class notes & Summaries

LSB 3213 Exam 1 (Okstate) Study Guide with Complete Solutions knowledge of "black-letter" law and what conduct leads to liability is enough - Answer️️ -false areas of law that affect business decision making - Answer️️ -contracts, intellectual property, product liability, torts, sales, internet law (privacy), environmental law torts defined - Answer️️ -common law jurisdiction; a civil wrong that causes someone else to suffer loss primary sources of law - Answer️️ -thos...

Equal Dignity Rule - ANSWERSrequires that if the contract being executed is or must be in writing, then the agent's authority must also be in writing. Assignments covered by the Statute of Frauds-such as an assignment of an interest in land must be in writing to be enforceable. Assignor - ANSWERSparty assigning the rights to a third party Assignee - ANSWERSparty receiving the rights. The transfer of contractual rights to a third party is known as an - ANSWERSassignment (occuring after ...

LSB 3213 Exam 1 Okstate Study Guide with Complete Solutions Constitutional Law - Answer️️ -Supreme law that is the trump card. Federal government and the states have separate written constitutions that set forth the general organization, powers, and limits of the respective governments. Law as expressed in these constitutions. If a law violates a provision of the constitution, it will be declared unconstitutional. Statutory Law - Answer️️ -created & passed by legislative bodies th...

OKState LSB 3213 Final Exam Practice Questions and Answers Tort - Answer️️ -A civil wrong, not arising from a breach of contract or other agreement or a breach of a legal duty, which causes another person harm or injury. False Imprisonment - Answer️️ -The intentional confinement of another person or restraint of another person's activities without justification. Fraud - Answer️️ -Intentional deceit, usually for personal gain. Reasonable Person Standard - Answer️️ -Courts...

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