Mgmt 455 exam 1 - Study guides, Class notes & Summaries

A person, who has been arrested, has a Constitutional right to make a voluntary statement that will be used against that person regardless of whether or not they have been advised of their Miranda Rights. - ️️True The injury suffered by a person from an intentional tort must be such that the injury was proximately caused by the act of the defendant and the injury must have been foreseeable. - ️️False A Sheriff may serve a Summons upon a defendant by handing the Summons to the indiv...

Small Claims Court's juridictional limit is $4,000.00. - ️️False In order to serve on a jury in Indiana, one of the qualifications is for the person to be a resident of the County where they intend to serve. - ️️True A Summons is an Order for a person to appear in Court to testify as a witness on behalf of one of the parties involved in the lawsuit. - ️️False An employer, pursuant to a Garnishment Order, is required to withhold from the weekly earnings of a judgment defenda...

A creditor may initiate a proceeding called a "pro supp" in an effort to obtain information from the judgment defendant as to income and property subject to execution. - ️️true A person who qualifies to receive compensation from the Violent Crime Compensation Fund may recover expenses incurred for loss of use of a car - ️️false a person may be excused from jury duty if they have already formed an opinion of the case prior to hearing any evidence. - ️️true a person, who has...

A creditor may initiate a proceeding called a "pro supp" in an effort to obtain information from the judgment defendant as to income and property subject to execution. - ️️true A person who qualifies to receive compensation from the Violent Crime Compensation Fund may recover expenses incurred for loss of use of a car - ️️false a person may be excused from jury duty if they have already formed an opinion of the case prior to hearing any evidence. - ️️true a person, who has...

Community Association (Definition) - Answer a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residential unit which is part of a residential development scheme and which is authorized to impose a fee (assessment) which may become a lien on the parcel. Assessment - Answer The amount of money a unit or pa...

MGMT 455 Final Exam Questions and Correct Answers Latest Update (Already Passed) True or False: The Statute of Frauds requires that all contracts for the payment of money in excess of $500.00 must be in writing in order to be enforceable. - Answers False: True or False:A Liquidated Damage Clause in a contract means that the parties have agreed in advance the amount of money to be paid in the event of a breach of contract. - Answers True The damages that are typically recoverable when a cont...