Mgmt 311 exam 1 Study guides, Class notes & Summaries

MGMT 311 HONORS EXAM 1 Questions with Correct Answers Dormant Commerce Clause - Answer-state can't regulate interstate commerce - courts balance state interest against burden on interstate commerce Taxing Power - Answer-Congress can tax, but must be uniform across states Spending Power - Answer-Congress pays debts and provides defense and welfare - rarely challenged Commercial Speech (when do restrictions uphold?) - Answer-speech made by busn, protected but not as much as normal spee...

ITM 311 Exam 1 Questions & Answers 2024/2025 System environment - ANSWERSsomething external that interacts with the system system - ANSWERSa group of interrelated procedures used for a business function, with an identifiable boundary working together form some purpose system component - ANSWERSan irreducible part or aggregation of parts that make up a system system interface - ANSWERSpoint of contact where a system meets itse nvironment or where subsystems mee teach other system...

MGMT 311- Honors Exam 2 Questions with Answers Power of Attorney - Answer-special or general - gives an agent express authority (is the best evidence of express authority) - example: signing spouses name - general: lots of power - special: specific Implied Authority - Answer-is reasonably necessary to carry out express authority, and can be conferred by custom or inferred from the agent's position - details that go along with the written contract Apparent Authority - Answer-Authori...

MGMT 311 Hailey (non-honors) - Exam 3 Questions and Answers Privileges and Immunities Clause - Answer-prevents a state from treating citizens of other states in a discriminatory manner (as long as they are engaging in basic and essential activities like earning a living or access to housing) unless the foreign state has a substantial reason for treating nonresidents differently from its own residents Full Faith and Credit Clause - Answer-rights established under deeds, wills, and contract...

QUESTIONS AND ANSWERS

law consists of enforceable rules governing relationships among individuals and between individuals and their society. 4 sources of law constitutions, statutory law, administrative law, common law Brainpower Read More 0:08 / 0:15 constitutions establishes organization, powers, and limits of governments. SUPREME LAW OF THE LAND

Legal Remedies? 3 Types of Damages? Legal Remedies: fix problem with money 1. Compensatory Damages: restore party to way it was before legal issue - "Money Damages" 2. Punitive/Exemplary Damages: punish, in addition to compensatory 3. Nominal: small amount to recognize violation occured Remedies from King's Court Legal Remedies General vs. Special Damages Types of Compensatory Damages Special: quantifiable - time, money, property damages General: subjective - pain, reput...