Business law final exa - Study guides, Class notes & Summaries

Business Law Final Exam Questions With Complete Solutions

business law Collin College -Business Law Final Exam verified already passedOne type of punishment in a criminal case is that the defendant who is held liable must pay a fine to the government. - correct answer True All schools of jurisprudence assert that the law is one thing and morality is another, and that we should obey even bad laws. - correct answer False Business 201 is composed of two parts or components. These components are: - correct answer A Lecture taught by two different pro...

Business Law Final Exam | 920 Questions | With Complete Solutions

Business Law Final Exam questions with correct answersOne type of punishment in a criminal case is that the defendant who is held liable must pay a fine to the government. - correct answer True All schools of jurisprudence assert that the law is one thing and morality is another, and that we should obey even bad laws. - correct answer False Business 201 is composed of two parts or components. These components are: - correct answer A Lecture taught by two different professors and a Discussi...

The constitutional prohibition of ex post facto laws: Select one: a. applies to statutory law. b. aims to minimize the possibility of failure if the business has to go to court to enforce its rights. c. applies to common law. d. gives lawyers a great deal of discretion in selecting an appropriate strategy for handling a legal dispute. correct answersapplies to statutory law. In the private judging method of dispute resolution, _____. Select one: a. a hired judge renders a binding opini...

MGMT 200 (BGEN 218 A) Introduction to Business Law FINAL EXAM SPRING (Washington University)

Business Law Final Exam | Latest Update | 2024/2025 | 100% Verified What does the doctrine of consideration require in a contract? It requires that something of value be exchanged between parties for a contract to be valid. How does legal capacity affect the formation of contracts? Legal capacity ensures that parties must be competent and of legal age to be bound by the agreement. What does the parol evidence rule limit? It limits the use of outside oral or written stateme...

Business Law Final Exam Review [100% PASS] /verified/ The term "consideration" in relation to contracts involves parties acting in an ethical manner. *Ans* False The Restatement (Second) of the Law of Contracts is not actually the law itself. *Ans* True The response that the offeror expects from the offeree determines whether a contract is bilateral or unilateral. *Ans* True Quasi-contracts are actual contracts. *Ans* False If a quasi-contract is imposed, the amount of damages for a...

BUSINESS LAW FINAL EXAM WITH COMPLETE SOLUTIONS 100%BUSINESS LAW FINAL EXAM WITH COMPLETE SOLUTIONS 100%

Plaintiff - correct answer -a person who brings or files a lawsuit. Defendant - correct answer -the person against whom the lawsuit if brought. State Decisis - correct answer -the practice or relying on previous decisions in which similar disputes arose. (stand by the decision) Precedent - correct answer -the practice of utilizing or following a prior decision. Case Law - correct answer -published decisions of cases. Such decisions may be used by courts to rely on when considering ca...