Clemson Law 3220 Exam Bundle With Complete Solutions.

Law - No generally best accepted definition. May be viewed as collection of rules or principles Conflict Resolution - Courts are one mechanism for resolving disputes. Businesses turning to formal private settlement Statutory Law - Federal Laws, State Laws, Municipal Laws Use of precedent - Stare...

Agency relationship - When a person or company (agent) agrees to act for or in place of another person or company (principal) What are three qualities in an agency relationship? - 1. The principal creates authority in an agent 2. The agent receives authority and carries out the principal's instr...

Tort Law - breach of duty of care to someone else and it causes them injury Negligence based tort law - Must show: - that the person who committed the tort owed a duty of care to the other person - have to show the duty of care was breached - Show that you suffered injury/damages - show that th...

Key Elements of a Contract - Offer, Acceptance, Consideration, Contractual (Mental), Capacity, Legality, Genuine Consent Promise to do something or refrain from doing something. - Offer an offer must show _______ by the offeror to enter in a contract - intent person making the offer -offeror an...

A contract may be based on a promise not to do something. (T/F) - True You return a lost dog to its owner. You did not know a reward was being offered for the dog. You do not have a legal right to the reward. (T/F) - True You leave your poodle at a new grooming shop and tell them to wash the do...

Agency - An agency is created when a person or company (an agent) agrees to act for or in place of another person or company (the principal) Parties in an Agency - -The principal creates authority in an agent -The agent receives authority and carries out the principal's instructions -Third part...

In order to have a partnership, there must be a written partnership agreement. True or False - False If there is not adequate consideration for the contract, it cannot be enforced. True or False - True The formal rules for contracts are more strict under the UCC than common law. True or False -...

In U.S. v. Allmendinger, involving an insurance scam run by Allmendinger and others, Allmendinger received a much longer prison sentence than a co-conspiriator, which he appealed. The appeals court held that a long prison sentence was still justified. (T/F) - True An actus reus is: a. a wrongfu...