Bul 3310 - Study guides, Class notes & Summaries

BUL 3310 Exam 2 FSU Bailey - Questions and Answers (Complete Solutions) Which of the following describes the duty of a landowner to a trespasser under the common law? The duty to warn of obvious dangers The duty to warn of hidden dangers The duty not to entrap the trespasser on the premises The duty to make certain that the premises are absolutely safe The doctrine that creates a rebuttable presumption that a defendant was negligent based on the nature and circumstances of the injury is Res ip...

BUL 3310 Exam 1 FSU Bailey - Questions and Answers (Complete Solutions) Criminal and taxing statutes are strictly and narrowly construed True False If one obeys the law, one is not necessarily acting ethically because ethical standards of conduct and legal standards of conduct are identical. True False A person who violates a decree from a court of equity can be jailed for contempt of court. True False In a criminal case, the state has the burden to convince jurors of the defendant's guilt "...

BUL 3310 Exam 4 FSU Bailey - Questions and Answers (Complete Solutions) Phil has a 1/4 partnership interest in Green & Sons. He has been denied access to the partnership books and records for over a year and he suspects that one of the partners has been engaging in secret business transactions using partnership funds. Phil wants to know the status of the business. Phil's remedy in this situation is to go to a court of equity for an ______________. Charging order Marshalling order Accounting De...

FLORIDA STATE UNIVERSITY BUL 3310 EXAM 2 FSU BAILEY 2024

Renunciation of Authority - ️️The act by which a person abandons a right acquired without transferring it to another. Employee - ️️One who works for another under an express or implied contract. The employer has control over the conduct of the employee Actual Authority - ️️Authority an agent actually possesses. Maybe expressed or implied. Agency - ️️Relations in which one person, the agent, acts on behalf of another, the principal. Agency by Estoppel or Apparent Authority...

ene is bringing a suit in strict liability for personal injuries caused by a defectively designed hair dryer. Which of the following parties can be defendants in this case? (select all the answer options that are correct) Big Retail Outlet who sold the dryer to Gene Employee that sold it

BUL 3310 Exam 3 Bailey UPDATED Exam Questions and CORRECT Answers A master can normally avoid liability for damages caused by a servant if he can show that the servant misunderstood his instructions T or F? - Ans True In contracts negotiated by an agent who is acting within the scope of his authority for a disclosed principal, the agent, the principal, and the third party are equally liable on the contract T or F? - Ans False

What is the provision of the tax rule that makes income taxable only for the individuals who receive it, and not for the business entity that produces it? Double taxation Pass through Dividend retention Income averaging - ️️Pass Through Which of the following is NOT one of the recognized disadvantages of doing business as a corporation? A corporation must comply with a great number of state and federal regulations. Corporate profits are subject to double taxation. A corporation mus...

Which of the following is not an affirmative defense in a negligence suit? A. Contributory negligence B. Pure comparative negligence C. Modified comparative negligence - Answer All choices may be raised as affirmative defenses depending on the jurisdiction

Typically in construction contracts there will be a provision awarding damages to the buyer at "X" amount of dollars per day for each day the builder is late in completing the work. The parties to the contract agree upon this amount in advance because they know the buyer will incur added costs, or will lose profits, because of the delay. If the amount fixed for the damages is unreasonably high, the court will consider it a ________________and will not enforce it. A. Tort B. Crime C. Pe...