Bul 5810 exam - Study guides, Class notes & Summaries

BUL5810 EXAM WITH ALL QUESTIONS AND ANSWERS....

BUL 5810 – CORPORATIONS EXAM with Questions and 100% Correct Answers

©THEBRIGHTSTARS 2024 BUL 5810 FSU Woodyard Midterm Multiple Choice Exam Questions With Correct Answers In the common law system of the United States, a crime is defined as: (A) a private wrong that necessitates litigation between the victim and the perpetrator. (B) any act or omission prohibited by the government and made punishable in a judicial proceeding brought by the government. (C) litigation where the injured party sues to recover compensation for the damages and injury sustaine...

BUL 5810 – CONTRACTS Exam Questions With Correct Answers Which of the following contracts is covered by Article 2 of the Uniform Commercial Code? - sale of a building -sale of furniture -an agreement to have a sidewalk shoveled -a sale of stock in ABC, Inc - answerThe sale of new furniture Any property other than an interest in real property, is/are: - answerpersonal property Which of the following is NOT always necessary in order for a valid contract to be formed? -mutual assent -le...

Reverse/Remand/Affirm - Answer A court of appeals hears cases that have first appeared in a state or federal trial court. All three terms are decisions made by reviewing courts of appeals. Remand = sending a case down to a lower court with a command on how to act upon it Confirmation of Supreme Court Justices - Answer Nominated by President -> Recommended by 50% or more of Sen. Judiciary Committee -> Confirmed by majority of Senate, with VP as tiebreaker

Wyatt, the sole stockholder of International Travel Corporation, wrongfully used the corporation to avoid a personal liability. A court's disregarding the corporate entity and holding Wyatt personally liable is called: - Answer piercing the corporate veil Claire opened Claire's Beauty Parlor in her home. She solicited funds to begin the business from Jack, who believed that the business was incorporated. Claire had, in fact, never filed the papers. One day, Claire fell asleep while giving...

BUL5810 CHAPTER 2 EXAM QUESTIONS AND ANSWERS...

BUL 5810 MIDTERM EXAM TEST QUESTIONS WITH UPDATED AND REVISED ANSWERS Brown vs. Board of Education (1954) - Answer-Supreme Court declared it unconstitutional for states to make laws separating public schools for black and white students Marbury vs. Madison - Answer-Established judicial review - the power of the federal courts to declare legislative and executive acts unconstitutional FOIA (Freedom of Information Act) of 1966 - Answer-Requires federal agencies to release files to the publi...

BUL 5810 – CORPORATIONS Exam Questions With Correct Answers Which of the following is NOT a characteristic of the corporate form of doing business? - answerInformal organization All of the following are characteristics of a corporation EXCEPT: a. it has perpetual existence. b. it is a legal entity of its own. c. it is able to be sued and to sue. d. it is usually managed by its owners. - answerIt is usually managed by its owners A corporation is considered a citizen: - answerof the sta...