PACKAGE-::LSB 3213 EXAMS WITH COMPLETE SOLUTIONS

EXAM 1: LSB 3213 (Okstate); Questions with Solutions 100% Pass knowledge of "black-letter" law and what conduct leads to liability is enough Correct Answer-false areas of law that affect business decision making Correct Answer-contracts, intellectual property, product liability, torts, sal...

EXAM 1: LSB 3213 Okstate|54 Questions &Answers 100% Pass Constitutional Law Correct Answer-Supreme law that is the trump card. Federal government and the states have separate written constitutions that set forth the general organization, powers, and limits of the respective governments. Law a...

EXAM 2: LSB 3213; Questions &Answers 100% Pass what is a contract? Correct Answer-legally enforceable promise or set of promises what are the four basic required elements of a valid contract? Correct Answer-Mutual Assent: parties to contract must indicate through words or behavior that they will...

EXAM 2: LSB 3213 OK State; Questions &Answers 100% Correct What are the sources of contract law? Correct Answer-Common Law & UCC What is the purpose/policy behind contract law? Correct Answer-To assure the parties to private agreements that the promises they make will be enforceabl

LSB 3213 HOLDEN EXAM 1 STUDY GUIDE WITH SOLUTIONS Blacks LAw Dictionary, as cited in the text book defines law as each of the following except: A. A body of rules B. Conduct Prescribed by a controlling authority C. A tool for regulationg personal ethics D. Having the power to bind persons Corre...

EXAM 3: LSB 3213 John Holden Oklahoma State; Questions and Answers All of the following are methods that a sole proprietorship can raise money except A) Private loans. B) Commercial loans. C) Sell ownership in the business. D) Line of credit Correct Answer-Sell ownership in the busine

EXAM 5: LSB 3213 Questions and Answers 100% Solved Suppose that Warren is sitting in his living room watching his favorite television show when a rock smashes through his roof, landing just next to him. He immediately heads outside his house to discover that the rock came from blasting being p...

EXAM 2: LSB 3213 Exam 2 – Holden; Questions with Solutions Illegal contracts are A) Void B) Voidable C) Unjust D) A violation of the Uniform Commercial Code Correct Answer-A

EXAM 4: LSB 3213; 84 Questions with Solutions A condition precedent must be met before a party's performance can be required. Correct Answer-True A party normally satisfies its duties under a contract by novation. Correct Answer-False Complete performance occurs when conditions in a contract ...