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    Business Law Study Guide

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    remedy when there is no available remedy at law. Deals with fairness in justice‚ usually stemming from natural law. Injunctions‚ court orders‚ restraining order. Civil action. * Court of Law – “black letter law” you did or did not do something. * Legal action – action typically for money damages such as a tort or breach of contract action. Criminal charges. Sources of Contemporary Law * United States Constitution – supreme law of the land. Any law that conflicts with it is void.

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    Chapter 11 Business law

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    claims? Explain. Signal won’t necessarily succeed on his claims. “Acceptance of the goods prevents the buyer or lessee from exercising the right of rejection‚ but it does not necessarily prevent the buyer or lessee from pursuing other remedies” (Business Law Today; page 337). In some circumstances‚ a buyer or lessee are allowed to revoke their acceptance of the goods. The revocation of acceptance is not effective until the seller has been notified. The seller must also be notified within a reasonable

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    1. What is law? (There are 6 functions) A body of rules of action or conduct prescribed by controlling authority. Six functions: keep the peace‚ maintain the status quo‚ preserve individual rights‚ protect minorities against majority‚ promote social justice and provide for orderly social change. 2. What does jurisprudence mean? What does common law mean? Jurisprudence is the philosophy of law. Common law is judicial decisions that don’t involve interpretations of statutes‚ treaties‚ regulations

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    medication. The rule is that if you want to sell a illegal drug‚ the shop must sell the medicine under the supervision of pharmacist. The pharmacist should judge whether the customer can buy the medicine or not. M & J Frozen Food Sdn Bhd & Anor v Siland Sdb Bhd It was held that bids are offers and the striking of the hammer means acceptance. Than the person bidding is the offeror and the auctioneer is the offeree. Question: Aunty Lim entered Sooperdooper Supermaket and put the following item

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    Business Law: Final Exam

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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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    Ben and Jerrys Case Study

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    Background Ben Cohen and Jerry Greenfield were childhood friends born four days apart in Brooklyn‚ New York‚ in 1951. You could say that ice cream runs in their veins. During his senior year of high school‚ Ben drove an ice cream truck. After high school‚ he attended and dropped out of various colleges in the Northeast‚ eventually leaving his studies altogether to teach pottery on a working farm in New York ’s Adirondack region‚ where he also dabbled in ice cream-making. Jerry started on a more traditional

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    Journal Entry – Business Law Mr. Robert Menendez has recently raised concerns over his possible unethical behavior while residing as the New Jersey state Senator. There are many moral ethical issues‚ as well as one particular contract with Dr. Melgen that may be an issue. His poor ethical choices can be related to his possible egoism. (All parties are innocent until proven guilty.) Ethics is the study of an individual’s character with regards to their choices of right and wrong as assumed

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    ANSWERS TO AICPA QUESTIONS CHAPTER 10 INTELLECTUAL PROPERTY RIGHTS AND THE INTERNET 1. (a) Computer software is covered under the general copyright laws and is therefore usually copyrightable as an expression of ideas. Answer (b) is incorrect because copyrights in general do not need a copyright notice for works published after March 1‚ 1989. Answer (c) is incorrect because a recent court ruled that programs in both source codes‚ which are human readable‚ and in machine readable object

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    Business Law Study Guide

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    to make judgment call. Special duties‚ Duties to Persons on property Premises liability cases‚ involve possessors of land & those who enter it. Entering party classifications: Invitees: Business visitors‚ people using public property Licensees: possessor must give consent‚ enter for purposes other than to do business Trespassers: Neg. per se: D’s violation of reasonable behavior may cause a breach of duty & may allow P to win if: Was within the class of persons intended to be protected by the statute

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    Business Law Week 5

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    Team Reflection Week Five Objectives Law/531 Team Reflection Week Five Objectives Our team learned this week how to differentiate between types of discriminatory issues and knowing the legal considerations linked to it. This knowledge proved to be beneficial in the team’s decision on how to tackle option one of this week’s team reflection exercise. As a senior manager of a prominent security company‚ it is important that I look

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