Blaw 3310 exam 2 - Study guides, Class notes & Summaries

BLAW 3310 Exam 2 With Properly Answered Questions

BLAW 3310 Exam 2

BLAW 3310 Exam 2 - Questions and Answers Inadequate warnings Is defective because of inadequate instructions or warnings when the foreseeable risks of harm posed by the product could have been reduced or avoided by the provision of reasonable instructions or warnings by the seller. 4 Key areas needed to establish liability 1. A defect in the product from manufacturing. 2. The defect created an unreasonably dangerous product. 3. The defect was the proximate cause of or a substantial factor in b...

BLAW 3310 Exam 2 (verified 2024)

BLAW 3310 Exam 2

Benefits of the law: -provides some predictability and uniformity to the boundaries of acceptable conduct in a society Key functions of the law: -1. Influence the behavior of the members of a society 2. Resolve disputes within society 3. Maintain important social values 4. Provide a method for assisting social change

BLAW 3310 EXAM 1 2024 WITH 100% ACCURATE ANSWERS Constitution - correct answer the fundamental law of a nation; written document (not always written) establishing the powers of government and its basic structure. Allocates powers between the states and federal government. State Constitution - correct answer a constitution, like our national one, that establishes different laws and rules on how their own government will run. Divided into legislative, judicial, and executive branches. U...

BLAW 3310 - Exam 3 Review Test Bank, Complete Solution Guide: Latest Guide - University of Texas, Arlington. Chapter 12 Negotiable Instruments, Credit, and Bankruptcy 1. Every year, creditors have to absorb in unpaid debt: a. about $100 million b. about $5 billion c. over $20 billion d. less than $5 million e. about $20 million ANSWER: c (page 331) National: AACSB Analytic; AICPA BB-Legal 2. Every year, creditors have to absorb in unpaid debt: a. about $10 million b. about $1 billio...