C713 business law - Study guides, Class notes & Summaries

Business Law C713 Exam 228 Questions with Verified Answers..

WGU C713 Business Law Version 3 Latest 2023 Graded A+ What purpose does the law serve in our society? To resolve conflicts in our society without the ise of volence. What are the three branches of government? Executive, Legislative, and Judicial What is Statutory Law? Law that is created by a legislative body, known as congress, at the federal Level. What is common Law? Is Judge-Made Law. It is law that comes from previous Judge rulings in similar cases. What is administrative Law? A branch ...

WGU C713 BUSINESS LAW EXAM 2024- 2025 COMPLETE 500 QUESTIONS WITH 100% CORRECT DETAILED AND VERIFIED ANSWERS BRAND NEW EXAM ALREADY GRADED A+

WGU C713 BUSINESS LAW EXAM 2024- 2025 COMPLETE 400 QUESTIONS WITH 100% CORRECT DETAILED AND VERIFIED ANSWERS BRAND NEW EXAM ALREADY GRADED A+

What is the principal source of stare decisis and precedent? A) Constitutional Law B) Administrative Law C) Statutory Law D) Common Law Common Law A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve the dispute. How w...

The legal system in the United States is comprised of 1) both state and federal constitutions 2) statutes and agency regulations 3) judicial decisions Local and state laws may not conflict with federal laws Primary sources of law constitutional law, statutory law, common law, and administrative law the law serves to 1) keep the peace 2) maintain the status quo 3) preserve individual rights 4) protect minorities against majorities 5) promote social justice 6) provi...

What purpose does the law serve in our society? To resolve conflicts in our society without the ise of volence. What are the three branches of government? Executive, Legislative, and Judicial What is Statutory Law? Law that is created by a legislative body, known as congress, at the federal Level. What is common Law? Is Judge-Made Law. It is law that comes from previous Judge rulings in similar cases. What is administrative Law? A branch of law that governs the c...

The legal system in the United States is comprised of 1) both state and federal constitutions 2) statutes and agency regulations 3) judicial decisions Local and state laws may not conflict with federal laws Primary sources of law constitutional law, statutory law, common law, and administrative law the law serves to 1) keep the peace 2) maintain the status quo 3) preserve individual rights 4) protect minorities against majorities 5) promote social justice 6) provi...

Absolute privilege A witness testifying a court or legislature may never be sued for defamation Acceptance Retention of the collateral by a secured party as full or partial satisfaction of a debt Accepts To sign a draft Accession Occurs when one person uses labor, materials or both to add value to personal property belonging to another person Accommodated Party Someone who receives a benefit from an accommodation party Accommodation Party Someone other th...

Acceptance. the expression of assent to the terms of an offer. Acceptance must generally be made in the manner specified by the offer. Actual cause (causation in fact). actual cause refers to a cause or factor without which the event could not have occurred. It is also termed as "but for cause" or "cause in fact" or "factual cause." Administrative agencies. governmental units, either state or federal, that have specialized expertise and authority over some area of the econ...