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, sale...
may a party request both legal and equitable remedies in the same action Correct Answer-
yes
action of law/equity initiation of lawsuit Correct Answer-filing complaint/ filing a petition
action of law/equity parties Correct Answer-(plaintiff, defendant)/(petitioner, respondent)
action of law/equity decision Correct Answer-by judge or jury/ by judge
action of law/equity result Correct Answer-judgement/decree
action of law/equity remedy Correct Answer-monetary damages/ injunction, specific
performance, or rescission
what amendment grants the right to a jury trial to actions at law Correct Answer-7th
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