Exam (elaborations)
BUS 302L BUSINESS LAW EXAM QUESTIONS WITH ANSWERS
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BUS 302L BUSINESS LAW EXAM QUESTIONS WITH ANSWERS...
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In the case of common law offers, an acceptance that differs materially from theterms of the offer is a rejection of the offer.
To prove assault, the plaintiff must show that - ANSWER the threatening
contact occurred.
Under section 402A of the "Restatement (second) of Torts" - ANSWER, the
plaintiff must prove a breach of duty on the defendant's behalf.
Civil law specifies public wrongs that are forbidden by a state or federal
authority.
ANSWER: Courts will not award compensatory damages if the plaintiff's loss is
theoretical.
Which of the accurate assertions concerning offers save - ANSWER The
offeror's death terminates the offer.
Knowing that X admires ice skaters. Amy tries to sell her automobile to X by
informing her that a professional ice skater once drove it. Using Amy's
representation, X purchases the automobiles. - Answer: Amy's statement to X
constituted significant fact.
Mrs. Howell was dismayed to learn that her darling Howell's placards offered
$500 to find his dog. Accept his wedding proposal. - ANSWER: Yes, Marry
will receive $500 when she brings his dog.
Karen offers to sell Grace five pairs of Jimmy Chu shoes that she has never
worn. Grace decides to consider the offer. However, before Grace gets a chance
to accept, Karen changes her mind and informs her that she has revoked her
offer. Grace becomes enraged and informs Karen that she (Karen) had no right
to cancel the offer until Grace had made a decision about the shoes. Is Grace
right? - ANSWER No, because Karen can withdraw her offer at any point
before Grace accepts.
, Doctors, attorneys, and accountants must normally exercise the knowledge,
competence, and care of those in profession.
During a televised title battle at a Las Vegas hotel, Oscar delivered a punch that
struck Mike in the face. As a result: Since Mike agreed to the fight, he has no
legal recourse against Oscar.
Randi had her brakes repaired at Independent Car Repair. Randi paid $400 for
the repair, but soon discovered that the brakes were not working. She continued
driving without complaining to Independent Car Repair. Randi collided with a
concrete wall the next day after his brakes failed. Randi was unhurt. However,
her $12,000 vehicle was entirely ruined. Under these conditions, ANSWER
Independent Car Repair broke the contract by failing to properly repair the
brakes. It owes Randi a $400 reimbursement for the violation. A court would
presumably rule that it did not owe Randi the $12,000 because Randi had a duty
to limit her contractual losses by reducing the danger of future harm, i.e.
returning the automobile for repair.
Catherine, a new property owner, was informed by the previous owner that the
home she acquired had no termites or termite damage. Catherine discovered
symptoms of termite infestation in her home one month after taking possession
of it. In addition, an exterminator informed her that the rodents had damaged the
wood framework. Catherine, on the other hand, cherished her home and
remained there for another ten years. When Catherine chose to relocate, she
sued the previous owner for fraud. As a result, Catherine will lose her lawsuit.
Regarding a statute of limitations, all of the following assertions are correct
with the exception of: - ANSWER The time limit for filing a specific type of
claim is consistent throughout all state jurisdictions.
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