Mie 305 - Study guides, Class notes & Summaries

MIE 305 EXAM 1 | 100 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS 100% CORRECT

MIE 305 Exam Set Questions With Reviewed Correct Detailed Answers New Update!! 1. Law merchant - ANSWER people in the middle ages rules of commerce/trade used by business 2. Substantive vs procedural law - ANSWER disputes. defines rights substantive=used to decide 3. Procedural=how a lawsuit is begun, how trial is conducted, etc. how rights are protected. 4. Public vs private law - ANSWER Public Law * constitutional-rights, powers, duties of state/federa...

MIE 305 Exam Set Questions With Reviewed Correct Detailed Answers New Update!! 1. What are the basic structures of federal judicial systems? - ANSWER supreme Court 2. Court of Appeals "intermediate courts", "circuit courts" 3. District Courts 2. State district court - ANSWER - Limited jurisdiction 1. US - Misdemeanor, criminal cases, civil cases involving smaller amounts of money 3. Superior courts - ANSWER - Original jurisdiction - Felony crimin...

MIE 305 Exam Set Questions With Reviewed Correct Detailed Answers New Update!! 1. Law and business intersect in how many ways 2 2. What are the two ways that law and business intersects? 1) Law controls the relationships between parties 2) How the government regulates business behavior 3. Ancient international trade laws used in Europe Law Merchant These were located along major trade routes to settle trading disputes 4. Merchant courts (guilds) merchant courts (guilds...

MIE 305 FINAL EXAM STUDY GUIDE QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS

MIE 305 NCSU Chapters 1-4 QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS

MIE 305 Exam 3 Verified And Updated. MIE 305 Exam 3 Verified And Updated. MIE 305 Exam 3 Verified And Updated. MIE 305 Exam 3 Verified And Updated.

MIE 305 Exam Set Questions With Reviewed Correct Detailed Answers New Update!! 1. Interstate Commerce Powers of Congress - ANSWER Congress' substantial legislative and regulatory power over trade between the states and intrastate activity substantially affect interstate commerce 2. Where does the Dormant Commerce Clause come from? - ANSWER It is only used when Congress is legislatively silent on a matter. It was not actually enumerated in the Constitution, but...

MIE 305 Final Exam Set Questions With Reviewed Correct Detailed Answers New Update!! 1. Integration - ANSWER partial and complete- speaks to intent of the parties to allow (or not) additional terms. -integration (or merger) clause: language in a contract that clearly states the written agreement is the final and full expression of the parties' agreement 2. Parol evidence rule - ANSWER prevents the introduction of evidence of prior or contemporaneous negotiations a...

MIE 305 EXAM 1 QUESTIONS AND ANSWERS ALREADY PASSED What is the importance of a Business Law course in a business/management curriculum, and/or the importance of knowing something about it to a businessperson? - The law is important to modern business - The history of business reveals the prominence of law - Educators today emphasize the role of law in preparing tomorrow's business leaders How can businesspeople use the law to a strategic advantage? - Knowing the legal rights and du...