Blaw ttu Study guides, Class notes & Summaries
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BLAW Pleasant Exam 1 TTU Questions And Answers Rated A+ New Update Assured Satisfaction
- Exam (elaborations) • 42 pages • 2024
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Primary Source of Law - Answer-a document that *establishes the law* on a particular issue, such as 
constitution, a statute, an administrative rule, or a court decision. 
Constitutional Law (4 sources of law) - Answer-law based on documents setting forth for the general 
organizations, powers, and limits of the government. 
Executive Orders - Answer-Legally binding directive from the president. 
Treaties - Answer-written agreements by 2 or more countries. 
-becomes legally binding when approved...
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BLAW Final Exam Review Ch. 10-18 Pleasant TTU Questions With 100% Correct Answers.
- Exam (elaborations) • 27 pages • 2024
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Jackie agrees to pay Ben $1,000 if Ben agrees to not go skydiving for six months. After Ben avoids 
skydiving for six months, he asks Jackie for payment. Jackie declines to pay Ben the $1,000. The contract 
between Jackie and Ben: - Answer-will be enforced because Ben exercised forbearance which is legally 
sufficient consideration. 
Michael agrees to buy Randy's wheelbarrow for $100. After the agreement is reached but before 
performance begins, both Michael and Randy agree to terminate the co...
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BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated)
- Exam (elaborations) • 16 pages • 2024
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BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated) 
Sole Proprietorship 
Simplest business form; owner is the business. Owner reports business income on personal income tax return and is legally responsible for all debts and obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. 
 
 
Sole Proprietorship Advantages 
•Owner receives all profits; pays only personal taxes 
•Easy to create; less costly 
•Flexible decision making 
 
 
Sole Proprie...
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BLAW Pleasant Exam 1 TTU Questions With Verified Answers
- Exam (elaborations) • 35 pages • 2024
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BLAW Pleasant Exam 1 TTU Questions 
With Verified Answers 
Primary Source of Law - answera document that *establishes the law* on a particular issue, 
such as constitution, a statute, an administrative rule, or a court decision. 
Constitutional Law (4 sources of law) - answerlaw based on documents setting forth for the 
general organizations, powers, and limits of the government. 
Executive Orders - answerLegally binding directive from the president. 
Treaties - answerwritten agreements by 2 or ...
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BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated)
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
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BLAW 3391 TTU Exam 2 Questions 
And Answers (Verified And Updated) 
Sole Proprietorship - answerSimplest business form; owner is the business. Owner reports 
business income on personal income tax return and is legally responsible for all debts and 
obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. 
Sole Proprietorship Advantages - answer•Owner receives all profits; pays only personal 
taxes 
•Easy to create; less costly 
•Flexible decision making 
So...
Too much month left at the end of the money?
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BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated)
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
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- $12.49
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BLAW 3391 TTU Exam 2 Questions 
And Answers (Verified And Updated) 
Sole Proprietorship - answerSimplest business form; owner is the business. Owner reports 
business income on personal income tax return and is legally responsible for all debts and 
obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. 
Sole Proprietorship Advantages - answer•Owner receives all profits; pays only personal 
taxes 
•Easy to create; less costly 
•Flexible decision making 
So...
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BLAW 3391 TTU Exam 1 Questions With Verified Answers
- Exam (elaborations) • 7 pages • 2024
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BLAW 3391 TTU Exam 1 Questions With Verified Answers 
Laws 
rules governing relationships among individuals and between individuals and their society. 
 
 
Priorities of Law? (Highest to lowest) 
Federal Constitution 
Federal Statutes 
State Constitution 
State Statutes 
Local Ordinances 
Conflict 
Order of precedence 
 
 
Agencies 
created by legislatures and make their own rules which have the legal force of statutory law. (ex: IRS). Carry out all functions of the federal government (legislati...
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BLAW Final Exam Review Ch. 10-18 Pleasant TTU Questions And Answers (Verified And Updated)
- Exam (elaborations) • 22 pages • 2024
- Available in package deal
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BLAW Final Exam Review Ch. 10-18 
Pleasant TTU Questions And Answers 
(Verified And Updated) 
Jackie agrees to pay Ben $1,000 if Ben agrees to not go skydiving for six months. After Ben 
avoids skydiving for six months, he asks Jackie for payment. Jackie declines to pay Ben the 
$1,000. The contract between Jackie and Ben: - answerwill be enforced because Ben 
exercised forbearance which is legally sufficient consideration. 
Michael agrees to buy Randy's wheelbarrow for $100. After the agreemen...
-
BLAW Final Exam Review Ch. 10-18 Pleasant TTU Questions And Answers (Verified And Updated)
- Exam (elaborations) • 22 pages • 2024
- Available in package deal
-
- $12.99
- + learn more
BLAW Final Exam Review Ch. 10-18 
Pleasant TTU Questions And Answers 
(Verified And Updated) 
Jackie agrees to pay Ben $1,000 if Ben agrees to not go skydiving for six months. After Ben 
avoids skydiving for six months, he asks Jackie for payment. Jackie declines to pay Ben the 
$1,000. The contract between Jackie and Ben: - answerwill be enforced because Ben 
exercised forbearance which is legally sufficient consideration. 
Michael agrees to buy Randy's wheelbarrow for $100. After the agreemen...
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BLAW 3391 Exam 2 TTU Questions With Verified Answers 100% Solved
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
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- $12.49
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BLAW 3391 Exam 2 TTU Questions 
With Verified Answers 100% Solved 
sole proprietorship - answerbusiness owned and operated by one person 
unlimited liability - answerlegal exposure in which an owner of a business is personally 
liable for all of the debts and obligations of the business 
what is the most popular form of business organization in the US? - answersole 
proprietorship 
sole proprietorship advantages - answer-easily established 
-no partners or shareholders 
-only pay taxes on income...
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