Blaw final 2 - Study guides, Class notes & Summaries

BLAW 212 Final Exam Questions and Answers Graded A What is a tort and how is it different from a contract? - Answer-A tort is civil wrong, where the conduct of one person causes harm or invades the interests of another, other than a breach of contract or breach of trust, that for which a court will give a remedy How is a tort different from a crime? - Answer-Crimes are brought to the State to punish wrongdoing, torts involve the victim of wrongful conduct seeking compensation Who is a dut...

BLAW 3310-Final Exam Questions And Answers With Complete solution 1. administrative agencies, at both the federal and state levels are created A. Enabling Statues 2. The decisions of administrative agencies may be appealed into court under a principle known as A. (judicial review 3. The securities act of 1933 is primarily concerned with disclosure of essential information about a securities offering B. Before it is offered to the public 4. The securities exchange act of 1934 is primaril...

BLAW 3391 TTU Final Questions With Verified Answers Requirements of a valid contract 1. Agreement 2. Consideration 3. Contractual Capacity 4. Legality Bilateral Contract 2 Promises (promise for a promise) Unilateral Contract Can only accept if the job happens Requirements for implied contracts 1. The plaintiff furnished some service or property 2. The plaintiff expected to be paid for that service or property, and the defendant knew or expected 3. The defendant had a chance to reje...

BLAW final #2.

BLAW 3391 Final Exam Questions And Answers (Verified And Updated) Four requirements for a valid contract - answeragreement, consideration, capacity, and legality Agreement - answeroffer and acceptance, meeting of minds Consideration - answermoney, something of value or a promise Contractual Capacity - answerBoth parties entering into the contract must have the contractual capacity to do so. The law must recognize them as possessing characteristics that qualify them as competent parties. ...

BLAW 301 Final Exam Study Guide Solutions There are no legally recognized defenses in a tort lawsuit. A. True B. False - ANSWER-B. False (There are several defenses that could apply in a tort case, such as consent, comparative negligence, or the statute of limitations.) Tort law provides legal remedies for property damage. A. True B. False - ANSWER-A. True (Tort law is designed to compensate those who have suffered a loss or injury due to another person's wrongful act.) ©EMILLECT...

BLAW 300 Final Exam Questions and Answers Types of Business Entities 1. Sole Proprietorship 2. Partnership 3. Limited Partnership 4. Corporation Sole Proprietorship The simplest form of business organization, in which the owner of the is the main operator and is liable for the business's debts Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More Partnership An agreement between two or more persons whi...

BLAW Final Exam Study Guide Solutions Offer and Acceptance - ANSWER-1. the acceptance of unilateral offers can be made by a promise to ship or by shipment itself. 2. not all terms have to be included for a contract to result. 3. particulars of performance can be left open. 4. Firm written offers made by a MERCHANT, the duration of which is 3 months or less, cannot be revoked. 5. Acceptance by performance requires notice within a reasonable time; otherwise, the offer can be treated as lap...

BLAW final #2

BLAW 301 Midterm 1 Review Study Guide Solutions Characteristics of a sophisticated client - ANSWER-Knowledgeable, Confident in dealings, able to research the law, provides complete and accurate info, able to understand lawyers advice The need for a lawyer when starting a business - ANSWER-Type of business, Buying a business, understanding and complying with laws about business, physical location (buying/selling property), Finances, Contracts, Intellectual Property, Taxes Role of the Lawye...