Bus 302L Business Law Exam Study Guide with Complete Solutions
3 views 0 purchase
Course
BUS 302L
Institution
BUS 302L
Bus 302L Business Law Exam Study
Guide with Complete Solutions
As to common law offers, an acceptance that is materially different from the term of the offer is -
Answer-a rejection of the offer
to prove assault, the plaintiff must establish that - Answer-the threatened contact took place
unde...
she revokes her offer. Grace becomes angry and tells Karen that she (Karen) had no right to revoke the
offer before Grace had made a decision about the shoes. Is Grace correct? - Answer✔✔-No, because
Karen can revoke her offer any time before Grace accepts.
While performing their professional duties, doctors, lawyers, and accountants must generally exercise
the knowledge, skill, and care of: - Answer✔✔-those in profession
During a televised, title prize fight at a Las Vegas hotel, Oscar threw a punch which hit Mike in the face.
As a result: - Answer✔✔-Since Mike consented to the fight, he has no legal action against Oscar.
Randi had her brakes fixed by Independent Car Repair. Randi paid $400 for the repair, but immediately
noticed that the brakes were not functioning. She continued to drive the car without complaining to
Independent Car Repair. The next day, Randi collided into a concrete wall when the brakes failed. Randi
was uninjured. However, her $12,000 car was completely destroyed. Under these circumstances: -
Answer✔✔-Independent Car Repair breached the contract by failing to correctly fix the brakes. It owes
Randi a refund of $400 for that breach. A court would probably find that it did not owe Randi the
$12,000 since Randi had a duty to mitigate her contractual damages by reducing the risk of further
damage; i.e.returning the car for repair.
Catherine, a new property owner, was told by the previous owner that the home she purchased had no
termites and no termite damage. One month after taking possession of the property, Catherine knew
that her home was infested with termites because she saw evidence of their presence. In addition, an
exterminator told her that the pests had caused damage to the wood structure. However, Catherine
loved her home and lived in the home for ten more years. When Catherine decided to relocate, she filed
a lawsuit against the previous owner based on fraud. As a result, Catherine will: - Answer✔✔-lose her
lawsuit.
Page 2/12
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EmillyCharlotte. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
