Bul 3310 - Study guides, Class notes & Summaries
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BUL 3310 Actual EXAM with 100% Correct Solutions to Questions
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When classifying contracts according to their state of performance, a contract that has 
been fully performed on both sides is a(n): 
a. executed contract. 
b. valid contract. 
c. void contract. 
d. executory contract. - Answer a. executed contract
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FSU BUL 3310 Exam 1 Marzen Questions And Answers Rated 100% Correct!!
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Sources of Law - ️️-Constitutions 
-Legislation 
-Judicial decisions 
-Administrative law 
-Equity and Equitable Principles 
Civil Law(Classification) - ️️Classification of law that applies to legal matters not 
governed by criminal law and that protect rights and provide remedies for breaches of 
duties owed to others. 
Courts of Equity - ️️Issues decrees/injunctions to provide relief where monetary 
judgements were inadequate; utilized general legal principles (maxims) to guide 
de...
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BUL 3310 Exam 1 FSU Bailey Latest Questions and Answers 100% Correct.
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Acts which are wrongful in themselves and prohibited by almost all civilizations are 
classified as ______________crimes. - ️️Malum in se 
The first of the pleadings in a civil case is filed by the plaintiff and contains the 
allegations he is making against the defendant. This document is called the_________. 
- ️️Complaint 
Res judicata is best defined as - ️️A controversy that has been litigated and forever 
settled between the parties 
Today, scholars argue the role of the corpor...
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BUL 3310 Exam 4- Bailey (2024) Verified 100% Correct!!
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BUL 3310 Exam 4- Bailey (2024) Verified 100% Correct!!
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BUL 3310 (FLORIDA STATE UNIVERSITY) EXAM QUESTIONS & CORRECT ANSWERS | ALREADY GRADED A+
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BUL 3310 (FLORIDA STATE UNIVERSITY) 
EXAM QUESTIONS & CORRECT ANSWERS | 
ALREADY GRADED A+ Phil has a 1/4 partnership interest in Green & Sons. He has been denied access to 
thepartnership books and records for over a year and he suspects that one of the 
partnershas been engaging in secret business transactions using partnership funds. 
Phil wantsto know the status of the business. Phil's remedy in this situation is to go to 
a court of equity for an . 
a. Charging order 
b. Marshalling o...
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BUL 3310 Exam 3 Complete Solutions
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BUL 3310 Exam 3 Complete Solutions 
A master can normally avoid liability for damages caused by a servant if he can show that the servant 
misunderstood his instructions 
T/F ️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/F ️False 
The legal doctrine that holds the master liable for the torts committed by a servant while acting wit...
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BUL 3310 Exam 1 FSU Bailey Graded A+
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BUL 3310 Exam 1 FSU Bailey Graded A+ 
Tort law is a subset of private law that seeks to compensate the injured party for the loss caused by the 
actions of another. 
True 
False True 
Res judicata is best defined as 
A court enforced promise 
A controversy that has been litigated and forever settled between the parties 
The ruling of a court of equity 
The legal basis for dicta in court opinions. A controversy that has been litigated and forever settled 
between the parties 
Today, sc...
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BUL 3310 Exam 4- Bailey Graded A+
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BUL 3310 Exam 4- Bailey Graded A+ 
Partnerships typically buy life insurance policies on each partner in order to fund the required purchase 
of the partner's interest in the partnership when the partner dies 
T/F True 
Subchapter S corporation will avoid double taxation if which of the following applies? 
A. All the shareholders agree to be taxed as in a partnership 
B. The corporation files Articles of Partnership in the state where it has its principal place of business 
C. The corpor...
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BUL 3310 Exam 1 FSU Bailey Complete Guide
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BUL 3310 Exam 1 FSU Bailey Complete Guide 
Tort law is a subset of private law that seeks to compensate the injured party for the loss caused by the 
actions of another. 
True 
False ️True 
Res judicata is best defined as ️A controversy that has been litigated and forever settled between the 
parties 
Today, scholars argue the role of the corporation is to maximize the return on investment of 
shareholders. 
True 
False ️False 
Deductive reasoning requires one to ____. ️use ma...
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BUL 3310 FSU STEVE BAILEY UNIT 1 UPDATED EXAM QUESTIONS WITH 100 % CORRECT ANSWERS
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The federal government and state governments have separate and distinct powers. This 
arrangement constitutes an __________ separation of powers. - ️️Vertical 
Deductive reasoning requires one to ________. - ️️Use major and minor premises 
to draw logical conclusions. 
Assume that the Vermont legislature passed a bill prohibiting the sale within the state of 
detergents containing certain chemicals harmful to the environment. Assume further 
that the governor signed the bill into law. Th...
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