Legl 2700 roessing - Study guides, Class notes & Summaries
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LEGL 2700 Roessing Exam 2: Questions/Solutions
- Exam (elaborations) • 13 pages • 2024
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LEGL 2700 Roessing Exam 2: Questions/Solutions
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LEGL 2700 Roessing Exam 2 Questions and Answers 2024.
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LEGL 2700 Roessing Exam 2 Questions and Answers 2024. 
Promise - correct answer A commitment or willingness to be bound to a contract obligation 
Uniform Commercial Code (UCC) - correct answer The most successful attempt to have states adopt a 
uniform law 
Purpose is to simplify, clarify, and modernize the laws governing commercial transactions 
Goods - correct answer Tangible (touchable), movable personal property 
Bilateral Contract - correct answer Promise in exchange for a promise 
Involves...
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LEGL 2700 Roessing Test 3 Questions and Answers
- Exam (elaborations) • 27 pages • 2023
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LEGL 2700 Roessing Test 3 Questions and Answers
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LEGL 2700 Roessing Test 2 with correct Answers
- Exam (elaborations) • 24 pages • 2023
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LEGL 2700 Roessing Test 2 with correct Answers
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LEGL 2700 ROESSING TEST 1 –QUESTIONS & ANSWERS
- Exam (elaborations) • 12 pages • 2024
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LEGL 2700 ROESSING TEST 1 –QUESTIONS & ANSWERS
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LEGL 2700 Roessing Exam 2 Questions and Answers 2024.
- Exam (elaborations) • 15 pages • 2024
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LEGL 2700 Roessing Exam 2 Questions and Answers 2024. 
Promise - correct answer A commitment or willingness to be bound to a contract obligation 
Uniform Commercial Code (UCC) - correct answer The most successful attempt to have states adopt a 
uniform law 
Purpose is to simplify, clarify, and modernize the laws governing commercial transactions 
Goods - correct answer Tangible (touchable), movable personal property 
Bilateral Contract - correct answer Promise in exchange for a promise 
Involves...
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LEGL 2700 ROESSING TEST 1
- Other • 10 pages • 2024
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Law - Answer-made up of rules laid down by state and backed by enforcement 
-written social force 
-mean nothing w/o enforcement 
 
Rule of Law - Answer--laws are made generally and apply to everyone equally 
-necessary for strong and diverse economies 
-transparency in business 
 
Property - Answer-ownership-allows you to exclude others without your permission 
 
Common Property - Answer-resources like land that multiple people own 
 
Contract Law - Answer-enables an owner to exchange resources...
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LEGL 2700 Roessing Exam 2
- Other • 10 pages • 2024
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Promise - Answer-A commitment or willingness to be bound to a contract obligation 
 
Uniform Commercial Code (UCC) - Answer-The most successful attempt to have states adopt a uniform law 
Purpose is to simplify, clarify, and modernize the laws governing commercial transactions 
 
Goods - Answer-Tangible (touchable), movable personal property 
 
Bilateral Contract - Answer-Promise in exchange for a promise 
Involves promisor and promisee 
Usually made to a specific person 
Acceptance, then perfor...
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LEGL 2700 Roessing Test 3 Questions and Answers
- Exam (elaborations) • 22 pages • 2023
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LEGL 2700 Roessing Test 3 Questions and Answers 
contract - Correct ️️ a legally enforceable promise or an exchange of promises 
Uniform Commercial Code - Correct ️️ most important example of state-based legislation 
impacting contract law 
goods - Correct ️️ tangible, movable items of personal property 
bilateral contract - Correct ️️ an agreement containing mutual promises 
unilateral contract - Correct ️️ an agreement with only one promise, and only one party is 
committed...
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LEGL 2700 Roessing Exam 4: Questions With Precise Solutions
- Exam (elaborations) • 11 pages • 2024
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LEGL 2700 Roessing Exam 4: Questions With Precise Solutions
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