BMGT 380 Fall Final Exam Answer Sheet Case 1 1. ｃ: Because‚a federal court has more extensive jurisdiction than a state court. While the jurisdiction of state courts are limited by their boundaries‚ the federal court system covers the entire nation. An important limit to diversity jurisdiction is that only cases involving more than $75‚000 in potential damages may be filed in a federal court. 2. ｂ : n the legal system of the United States‚ a long arm statute
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Name:_______________ Business Law I: Final Exam Study Guide [20 points] Material Tested: Chapter 1: Laws and Their Ethical Foundation (p. 04-23) (30 points) Chapter 2: Constitutional Rights (p. 24-47) (30 points) Chapter 3: Court Systems (p. 48-63) (30 points) Chapter 5: Civil Law and Procedure (p. 84-105) (30 points) Long Essay: Explain how legal knowledge will be applied in your personal life beyond high school. (30 points) Instructions: Your final exam of 150 points will include the
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Definition of Law a. Law is defined as a set of rules and principles by which a community regulates its activities. b. Law is different and yet similar because it can be applied differently across various borders. c. Unlike law‚ internal rules and regulations of clubs‚ societies and other organizations may only be enforced within the group that governs them. d. Law is therefore concerned with the legal rights and obligations of individuals‚ business organizations‚ various entities
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Marina Trohin Business Law William A. Shelby 2/13/2013 Introduction At the course of Business Law‚ we got the knowledge about the contract. In addition we have an assignment that provides a contract analysis. This evaluation of the contract will be reviewed in accordance with the following requirements: 1. What specifically makes this contract enforceable? 2. What are the responsibilities
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agreement during their employment. They both left CH20 and went to work for Meras. According to their non-compete agreement from MERAS v. CH2O‚ INC Northern District of California (2013) “after they ceased working for CH20 they would not work for “any business of similar nature to that of [CH20] which is in competition with [CH20]” for the period of three years” When Beriner and Sughroue went to work for Meras they violated their non-compete agreement by not waiting the specified three years before taking
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a) Identify aspects of the media report that relate to the law This article reports about the case filed by Anastassia Zissis suing McDonald’s after the slip on at the back of the Myer Centre. Anastassia Zissis injured due to slip on liquid that been spilled in an access passage. These gave rise to different areas of law such as: Contract Law According to Lambiris (2012)‚ the Contract Law is the law about private agreement that give rise to enforceable responsibilities and rights legally
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------------------------------------------------- Prepared for: ------------------------------------------------- Mr John M. Andre (Lecturer) ------------------------------------------------- Unit 5: Aspects of Contract and Negligence for Business ------------------------------------------------- Banking Academy‚ Hanoi ------------------------------------------------- Submission Date: 19th November 2012 ------------------------------------------------- No of words: 3100 words -------------------------------------------------
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A contract can be defined as an agreement containing promises made between two or more parties with the intention of creating certain legal rights and obligations and enforceable in a court of law (Gibson & Fraser‚ 2012‚ Business Law‚ p303). A contract must be satisfied certain legal requirements which are agreements‚ intention to create legal relations‚ considerations and capacity. Agreement = Offer + Acceptance Therefore‚ here apply the rule
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2010 Business Law Revision Booklet The Business Law final exam is 3 hours with 10 minutes of reading time. HOW TO ANSWER CASE STUDY QUESTIONS When answering this question student’s need to follow the format of: i) state the issue ii) state the law-this includes relevant legislation and cases iii) apply the law to the facts iv) state the conclusion Key words used in questions: Explain – students need to provide
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included contracts of utmost good faith‚ statement which are only partially true or distort the truth‚ and the statement which are true at the time of making but change before the contract is entered into. There must be a false statement of fact or law as oppose to opinion or estimate of future events in the case of Bisset v Wilkinson3. At the same time the representation must be untrue. And the person making the representation must know that it is false‚ or not believe in its truth‚ or be recklessly
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