Lsb 3213 exam 2 - Study guides, Class notes & Summaries
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EXAM 2: LSB 3213|50 Questions with Solutions 100% Verified
- Exam (elaborations) • 12 pages • 2024
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EXAM 2: LSB 3213|50 Questions with Solutions 100% 
Verified 
Retail Outlets, Inc., contracts with Smooth Paving Inc. to grade and pave a parking lot. Smooth 
assigns the contract to Tough Road Company, which has a poor record of completing projects. 
Retail could most successfully argue that the contract cannot be assigned because Correct 
Answer-the assignment will materially increase the risk of nonperformance.
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LSB 3213 Exam 3 Study Guide Graded A+
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LSB 3213 Exam 3 Study Guide Graded A+ 
Which of the following statements is incorrect? ️A corporation may not incur obligations separate 
from those of its principals. 
Raul wants a simple method to start-up a small marketing company. The marketing firm has relatively 
low revenue and expenses. Which type of business entity would you suggest? ️Sole proprietorship 
Which statement below is correct about a sole proprietorship? ️It has low start-up costs and minimal 
filing. 
Which of ...
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LSB 3213 Holden Exam 1 Study guide with Complete Solutions
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LSB 3213 Holden Exam 1 Study guide 
with Complete Solutions 
Blacks LAw Dictionary, as cited in the text book defines law as each of the 
following except: 
A. A body of rules 
B. Conduct Prescribed by a controlling authority 
C. A tool for regulationg personal ethics 
D. Having the power to bind persons - Answer️️ -C. A tool for 
regulationg personal ethics 
The U.S. Constitution created three branches in the federal government. 
Those three branches are: 
A. Administrative, legislative, ex...
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OKState LSB 3213 Final Exam Practice Questions and Answers
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OKState LSB 3213 Final Exam Practice 
Questions and Answers 
Tort - Answer️️ -A civil wrong, not arising from a breach of contract or 
other agreement or a breach of a legal duty, which causes another person 
harm or injury. 
False Imprisonment - Answer️️ -The intentional confinement of another 
person or restraint of another person's activities without justification. 
Fraud - Answer️️ -Intentional deceit, usually for personal gain. 
Reasonable Person Standard - Answer️️ -Courts...
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LSB 3213 Exam 1 Okstate Study Guide with Complete Solutions
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LSB 3213 Exam 1 Okstate Study Guide 
with Complete Solutions 
Constitutional Law - Answer️️ -Supreme law that is the trump card. 
Federal government and the states have separate written constitutions that 
set forth the general organization, powers, and limits of the respective 
governments. Law as expressed in these constitutions. If a law violates a 
provision of the constitution, it will be declared unconstitutional. 
Statutory Law - Answer️️ -created & passed by legislative bodies th...
Too much month left at the end of the money?
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LSB 3213 - Exam 5 Practice Questions and Answers
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LSB 3213 - Exam 5 Practice Questions and Answers 
Suppose that Warren is sitting in his living room watching his favorite 
television show when a rock smashes through his roof, landing just next to 
him. He immediately heads outside his house to discover that the rock 
came from blasting being performed by Wiley blasting company, Inc. On 
an adjacent lot. Warren suffer severe emotional distress because of the 
experience. What is his best theory of recovery against Wiley? - 
Answer️️ -Strict...
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LSB 3213 Raun, Exam 2 Practice Problems.docx
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Libel involves what type of communication of defamatory language. - correct answer Written (Libel=Letter) 
 
Liability for negligence will be established as long as there is a finding that the negligence conduct actually cause the resulting harm. - correct answer True - causation in fact, when the cause and effect relationship between act and injury is actual. Must be foreseeable. 
 
If a contract must be in writing under the statue of frauds, the rents authority to perform the same duty must al...
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