Bmgt380 - Study guides, Class notes & Summaries

BMGT380 Exam 2 With Complete Solution...

chapter 6 - intentional torts (invasion of privacy torts) False Light Publicity - ️️publicity that places someone in a false light if a reasonable person would find that highly offensive would bring about liability - Liability would require an unreasonable and highly objectionable publicity - Attributing characteristics to a person that is not true - Truth IS a defense trespass example - ️️physically entering someone's land, causing someone else to enter the land, staying on th...

injunction (equitable remedy) - ️️-when a court orders someone to do something or to stop doing something. This can be invoked even when a breach has merely been threated and it has not yet occurred. Or it can be ordered or issues after breach has occurred. -Only available when the breach is likely to cause irreparable injury -Only available when the breach or threat of breach is likely to cause irreparable harm what does it mean when contractual obligations are unconditional? - ️️...

statute of limitations - ️️tells you how long you have to wait to sue, if you wait too long you can't sue (unenforceable contracts) article 2 - ️️source of law that deals with sale of goods, must be tangible movable personal property, and does not apply to real property, intangibles, service contracts consideration - ️️anything of value that one side gives to the other side in a contract; must be going both ways voluntary agreement, consideration, capacity to contract, objec...

Requirements for Promissory Estoppel - ️️There is a promise that the promisor should foresee is likely to induce reliance Actual reliance on the promise by the promisee Injustice occurs as a result of the reliance Offer Requirements - ️️Present intent Specificity of terms Communication of offer to offeree Elements of a Contract - ️️Offer Acceptance Consideration Capacity Legality Bodies of Contract Law - ️️Common law Uniform Commercial Code (UCC) Contract - ️️A ...

BMGT380 Exam -2 Questions And Answers Latest Update

lumber for 32 houses, the lumber mill which Good pine used to produce all its lumber and the lumber designated for Harry was struck by lightning and burned down. - ️️A. Good Pine may cease performing the contract on the basis of impossibly because the subject matter of the contract was destroyed. An agent may lawfully conceal the _____________ of the principal - ️️D. Both a and b: a. existence b. identity Turgeon and Durkin, impoverished employees of the University of Maryland, d...

Illusory Promises - ️️For a promise to serve as consideration in a bilateral contract, the promisee must have promised to do, or to refrain from doing, something a the promisor's request. Illusory if it does not bind the promisee to do or refrain from doing anything such a promise could not serve as consideration. What if a promisor did not ask for anything in exchange for making her promise or if the promisor asked for something that does not have legal value? Is the promise enfor...

First amendment rights for businesses - ️️The same basic first amendment rights that individuals do, so noncommercial speech gets the same protections. Complications begin with advertising. If the advertising is misleading, there is no protection and it can be banned by the federal government. Decided by the FTC. If it deals with unlawful activity, it gets no protections either. If it isn't either, can the Government still regulate it? Yes, three part test (must prove all 3) 1. The...