Bmgt380 - Study guides, Class notes & Summaries

Bmgt380 Umd Exam 1 Questions And Answers Latest Update

executed contracts - ️️when all of the parties have fully performed their contractual duties until such duties have been fully performed Relationship of the UCC and the Common Law of Contracts - ️️code does not change all of the traditional contract rules. courts have demonstrated a signifigant tendency to apply code contract concepts by analogy to some contracts that are not technically governed by article 2 express contracts - ️️parties have directly stated in terms of their ...

Trial courts - ️️Where most cases get started in the state court system. Differ from courts of limited jurisdiction in 2 important ways: -No limit to what they can hear -Is a court of record. Typically every county in each state has one of these courts, and may be called circuit, county or superior courts. May have criminal vs. civil distinctions however. In Personam - ️️Against a person. A legal proceeding instituted to obtain decrees or judgments against a defendant, either a pe...

Ancillary Covenant Not to Compete - ️️a promise that is ancillary to (part of) a valid contract whereby one party to a contract agrees not to compete with the other party for a specified time and within a specified location. aka, non-competition clause Public Policy - ️️widely shared view about ideas, interests, institutions, or freedoms to promote pubic welfare *changes over time, rarely absolute* Illegal Agreement - ️️i. violates statutes ii. violate public policy determined...

Bmgt380: Exam ii Questions With Verified Answers Chapter 6 - intentional torts (invasion of privacy torts) - answer 4 Invasion of Privacy Torts - answer- Intrusion on Solitude or Seclusion - Public Disclosure of Private Facts - False Light Publicity - Commercial Appropriation of Name or Likeness Intrusion on Solitude or Seclusion - answerany intentional intrusion on the solitude or seclusion of someone else if that intrusion would be highly offensive to a reasonable individual example o...

©BRIGHTSTARS EXAM SOLUTIONS 11/14/2024 12:19 PM 1 | P a g e Bmgt380 final study guide Questions With Verified Answers What does it mean when contractual obligations are unconditional? - answeryou have to perform no matter what what are the conditions that may attach to performances - answer1. condition precedent 2. condition subsequent 3. expressed conditions 4. implied conditions condition precedent - answer-when a future uncertain event creates duty to perform. -if that future unc...

BMGT380 Midterm 2 Exam Questions With Verified Answers Elements of a Contract - answerOffer Acceptance Consideration Capacity Legality Bodies of Contract Law - answerCommon law Uniform Commercial Code (UCC) Contract - answerA legally enforceable promise or set of promises Non-Contract Obligations - answerQuasi Contract (Unjust Enrichment) Promissory Estoppel Requirements for Unjust Enrichment - answerOne party confers a benefit on another The other party knowingly accepts it and ret...

BMGT380- Exam 3 Questions With Verified Answers Consideration - answeranything of value that one side gives to the other side in a contract; must be going both ways voluntary agreement, consideration, capacity to contract, objective and performance have to be legal - answerwhat are the four elements of contract? unilateral contract - answeronly one party is making a promise bilateral - answerboth parties make a promise statute to fraud - answera law that requires particular contracts mus...

BMGT380 Final Exam Review Questions With Complete Solutions...