The Nature of Law True / False Questions 1. The U.S. Constitution recognizes the states’ power to make law in certain areas. True False 2. Uniform acts are model statutes drafted by private bodies of lawyers and/or scholars; they become law only after legislature enacts them. True False 3. The Restatements usually state binding common law rules‚ promulgated by the American Law Institute. True False 4. Common law is a state law and hence only the state courts
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BUSINESS LAW FINAL EXAM This is a take-home exam. The exam is to be handed out on July 26‚ 2012 and returned on July 31‚ 2012 on the final exam time. The group leader will assign each group member a question and each group member will answer the question and return the answer to the group leader. The group leader will grade each member in terms of cooperation and totality of the answer. The group leader will submit a final draft on exam date (July 31‚ 2012). The final draft must be done in
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Court * Law suit individual vs individual * Purpose is to ask for damages * By a preponderance of the evidence (more evidence then other ) 51% Criminal Court * State brings law suit against individual * Purpose to punish‚ revenge‚ “rehabilitate” * Beyond reasonable doubt Burdon of proof – amount of evidence Plaintiff- party bringing civil suit Pro – state bringing chargers against an individual Cause of action- reason for your law suite Trial
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* Question 1 10 out of 10 points | | | A group of young professionals were discussing the relationship between law and business. Adam argues that law primarily benefits the owners of businesses at the expense of workers and customers‚ while Beth takes the opposite position - that law primarily benefits the individual employees‚ customers and others‚ at the expense of the owners of businesses. Charlie posits that all parties are better off because of the presence of law‚ while David asserts
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Chapter 1 Law is so diverse and complex; although what law does is helpful: the law sets basic standards of behavior that are enforced by government and also by individuals and groups • Freedom from violent conflict • Rules of conduct for different reasons Why do we have- need- law? • 1) Law is needed to protect persons‚ property‚ and society as a whole. It can not force someone to do something; ordinarly relations‚ reasonable‚ and predictable o ie) by requiring all types of vehicles to drive
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Exam for Business Law 84 questions Jurisdiction –the power to hear and decide a case. Has multiple dimensions. Appellate jurisdiction – the authority of a court to review a prior decision in the same case but made by another court Original jurisdiction – the authority of a court to hear and decide a dispute in the first instance Trial courts Supreme court of the US is in some instances an original jurisdiction court Treaties is an example of when supreme court Personal jurisdiction – inpersonam
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DEPARTMENT EXAM TEST BANK SPRING 2011 True/False Indicate whether the sentence or statement is true or false. __F___ The Offeror Is The Party With The Power To Decide Whether To Create A Contract. __T___ An offer made as a joke‚ where a reasonable person would conclude that it was made as a joke‚ cannot result in a contract. __T___ The communication of an offer can be made by the offeror or the offeror ’s agent. __T___ Generally‚ advertisements‚ catalogs‚ price lists‚ etc. are not treated
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BUSINESS LAW FINAL * Article 2 governs sales of goods- True * Delivering of a title- Sale * A warehouse receipt is a document that provides proof of ownership of commodities that are stored in a warehouse * Shipment contract- the seller is required or authorized to ship goods by carrier‚ such as a trucking company. The title passes to the buyer at the time and place of shipment * The risk of loss in a shipment contract passes to the buyer or lessee when the goods are delivered
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Contract Elements Business Law is an interesting topic‚ especially when contracts are the subject of discussion. Contracts can obligate a party to perform a task‚ stop performing a task. They can be a guideline on a specific business sale or as simple as ordering something online. When things go wrong and contracts are claimed to be broken‚ the first thing we look into is whether it was a valid contract to begin with. For a contract to be considered valid there are 4 main elements it must contain
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Chapter 1 Question Bank 1. What is the IoE or Internet of Everything? 2. What is the human network? 3. Name some forms of communication that a global audience can access. 4. List some examples of how the network has changed the way we work and play. 5. What does the term Internet mean? 6. What is the simplest peer-to-peer network? 7. What are some advantages and disadvantages of peer-to-peer networking? 8. What is a server? Explain the client-server relationship. 9. List
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