FSE 2930 Professional Review Business Law Questions And Answers
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Course
FSE 2930
Institution
FSE 2930
FSE 2930 Professional Review Business Law Questions And Answers
agent is the removal service ANS yes, special agent
One who contracts to perform certain tasks for a set fee, but who is independent of the control of the contracting party as to a means by which the contract is executed, except f...
FSE 2930 Professional Review Business Law
Questions And Answers
Is a removal service an agent of a funeral home if contracted to make removals? If so, what type of
agent is the removal service ANS yes, special agent
One who contracts to perform certain tasks for a set fee, but who is independent of the control of the
contracting party as to a means by which the contract is executed, except for specifications
established in the contract ANS independent contractor
loyalty and good faith, obedience, reasonable skill and diligence, accounting, information ANS
List the duties owed by an agent to a principal -
Compensation, Reimbursement, Indemnification, Abidance by the terms of the contract ANS List
the duties owed by a principal to an agent
the definitive antitrust statute, prohibits monopolies or unreasonable combinations of companies to
restrict or in any way control interstate commerce. Specifically outlawed is two or more persons
engaging in monopolistic practices, such as price fixing, although it does not outlaw price-fixing per
se ANS sherman antitrust act
which outlaws interlocking directorates and deals with acquisitions that aim to restrain or eliminate
competition ANS clayton act
prohibits a seller of commodities from selling comparable goods to different buyers at different
prices, except in certain circumstances ANS robinson-patman act
any legal instrument in writing which passes, or affirms or confirms something which passes, an
interest, right, or property and that is signed, attested, delivered, and in some jurisdictions sealed
ANS deed
Name the 5 requirements of a valid contract ANS agreement, consideration, capacity to contract,
genuineness, lawful purpose, lawful form
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