Blaw 3391 ttu - Study guides, Class notes & Summaries

disparate impact discrimination - results from certain employer practices that have a discriminatory effect but are unintentional Diversity of Citizenship Jurisdiction - federal court jurisdiction over a lawsuit between citizens of different states (or even involving a U.S. citizen and a citizen of a different country) Actual Agent Authority - where the principal gives the agent legal permissions to act on the principal's behalf. Age that is protected from discrimination - 40 Agencies - ...

Laws - Answer-rules governing relationships among individuals and between individuals and their society. Priorities of Law? (Highest to lowest) - Answer-Federal Constitution Federal Statutes State Constitution State Statutes Local Ordinances Conflict Order of precedence Agencies - Answer-created by legislatures and make their own rules which have the legal force of statutory law. (ex: IRS) Common Law - Answer-- The earliest version of law - Laws adopted when US was a part of Britain ...

BLAW 3391 TTU Exam 1 Questions With Verified Answers Laws - answerrules governing relationships among individuals and between individuals and their society. Priorities of Law? (Highest to lowest) - answerFederal Constitution Federal Statutes State Constitution State Statutes Local Ordinances Conflict Order of precedence Agencies - answercreated by legislatures and make their own rules which have the legal force of statutory law. (ex: IRS) Common Law - answer- The earliest version of...

BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated) Sole Proprietorship - answerSimplest business form; owner is the business. Owner reports business income on personal income tax return and is legally responsible for all debts and obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. Sole Proprietorship Advantages - answer•Owner receives all profits; pays only personal taxes •Easy to create; less costly •Flexible decision making So...

BLAW 3391 TTU Exam 1 Questions and Answers

Laws are rules governing _____________. - correct answer relationships Civil law - correct answer laws governing relationships between individuals Criminal law - correct answer laws governing relationships between individuals and society Priorities of laws - correct answer (In Order) Federal Constitut...

blaw 3391 TTU exam 3 Questions With Verified Answers Sole Proprietorship is the simplest form of business organization. Anyone who does business without creating a separate business entity is a sole proprietor. The owner is the business. The owner pays personal income taxes on all profits and is personally liable for all business debts. Distributorships for example, automobile dealerships Chain-style business operations fast-food chains) Manufacturing or processing-plant arrangements ...

BLAW 3391 TTU Exam 1 Questions With Verified Answers Liability State of being legally responsible (liable) for something. (Ex. debt or an obligation) Primary source of law A document that establishes the law on a particular issue, such as a constitution, a statute, an administrative rule, or a court decision. (constitutions, statues, admin regulations and case law) Secondary source of law A publication that summarizes or interprets the law, such as a legal encyclopedia, a legal treatis...

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...