Business law ch 1 4 Study guides, Class notes & Summaries

Real Estate Brokerage (Ch. 1) A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing (Ch. 1) areas of expert knowledge that are required for all real estate licensees Residential Transaction (Ch. 1) F.S 475 The sale of any improved residential property of 4 units or f...

Test Bank For Law for Business 14th Edition by A. James Barnes, Eric Richards, Tim Lemper CONTENTS PART ONE: Introduction to the Law Ch. 1 Law and Legal Reasoning Ch. 2 Dispute Settlement Ch. 3 Business Ethics and Corporate Social Responsibility Ch. 4 Business and the Constitution Ch. 5 Crimes Ch. 6 Intentional Torts Ch. 7 Negligence and Strict Liability Ch. 8 Licensing and Intellectual Property PART TWO: Contracts Ch. 9 The Nature and Origins of Contracts Ch. 10 Creating a Contract: Offers Ch...

business law Collin College -Business Law CH 1-4 questions with complete solutionsWhat is the importance of a Business Law course in a business/management curriculum or a business person? - correct answer Legal concepts, principles, and rules provide the foundation for the conduct of business. The law determines who may conduct business, how it can be conducted, and what to do if the requirements are not met. Law controls the relationship between parties. The law also provides a way for the gove...

What is the name given to the collection of written decisions? - Answer- Case Law Explain the concept of the Rule of Precedent. - Answer- Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". - Answer- Compensation in money for the loss or damage suffered. Compensatory damages for bodily injury are ...

Business Law Exam 1 (ch. 1-4) Questions and Answers

Business Law Exam 1 (ch. 1-4) with 100% correct answers rated A+administrative agency - correct answer a federal, state, or local government agency established to perform a specific function; administrative agencies are authorized by legislative acts to make and enforce rules to administer and enforce the acts. administrative law - correct answer the body of law created by administrative agencies (in the form of rules, regulations, orders, and decisions) in order to carry out their duties and...

Business Law Collin College -Business Law CH 1-4 What is the importance of a Business Law course in a business/management curriculum or a business person? - correct answer Legal concepts, principles, and rules provide the foundation for the conduct of business. The law determines who may conduct business, how it can be conducted, and what to do if the requirements are not met. Law controls the relationship between parties. The law also provides a way for the government to regulate business beha...

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Business Law Exam 1 (ch. 1-4) Questions and answers latest update

BLAW 2301 Betanzos Exam 1 (Ch. 1, 2 & 4-9) Key Terms (Part 3), Business Law 2301 Test 1 (Part 2), Business Law 2301 Test 1