Bgen 361 exam 3 - Study guides, Class notes & Summaries

BGEN 361 Ch. 3 Study Exam Questions Correctly Answered. ethics - CORRECT ANSWER Moral principles and values applied to social behavior. business ethics - CORRECT ANSWER Ethics in a business context; a consensus of what constitutes right or wrong behavior in the world of business and the application of moral principles to situations that arise in a business setting. moral minimum - CORRECT ANSWER The minimum degree of ethical behavior expected of a business firm, which is usually defin...

BGEN 361 Ch. 5 Review Practice Exam Questions. Federal Rules of Civil Procedure (FRCP) - CORRECT ANSWER The rules controlling procedural matters in civil trials brought before the federal district courts. Stages in a typical lawsuit - CORRECT ANSWER 1. accident, branch of contract, or other event 2. the party hires a lawyer, who files a complaint and notifies (serves) the defendant 3. defendant's attorney files an answer or a motion to dismiss 4. pretrial discovery and more motions, ...

Common Law - correct answer Covers most contracts Uniform Commercial Code - correct answer Covered by sales of goods objective theory of contracts - correct answer A theory under which the intent to form a contract will be judged by outward, objective facts (what the party said when entering into the contract, how the party acted or appeared, and the circumstances surrounding the transaction) as interpreted by a reasonable person, rather than by the party's own secret, subj...

ethics - correct answer -Moral principles and values applied to social behavior. business ethics - correct answer -Ethics in a business context; a consensus of what constitutes right or wrong behavior in the world of business and the application of moral principles to situations that arise in a business setting. moral minimum - correct answer -The minimum degree of ethical behavior expected of a business firm, which is usually defined as compliance with the law. triple bottom line - ...