Busi law - Study guides, Class notes & Summaries

BUSI 301 Liberty University -Busi 301 Week 1 with answers rated A+Laws passed by the federal or a state legislature and either approved or rejected by the executive branch are called - correct answer statutes Most American law derives from this country's legal doctrines - correct answer England Federal statutes are created by the United States _____ and approved or vetoed by the President. - correct answer Congress or legislature A typical business transaction may be impacted by many a...

BUSI 301 Liberty University -BUSI 301 Exam 2 correctly answered_____ is typically accomplished by attaching some event, known as a(n) ______ that must occur before a particular performance obligation is triggered. - correct answer Risk Allocation; Condition A(n) ______ means that an event that must occur before performance under a contract is due. - correct answer Condition Precedent If the elements of contract formation are satisfied, the contract must still:______. - correct answer be i...

Busi 301 Week 3 with complete solutionsAgency is a legal relationship in which the parties agree, in some form, that one party will act as an ----- for another party, called the -----, subject to the control of the principal - correct answer agent principal Agents can be classified into any of the following broad categories except: ______. - correct answer principal-agents The nonagent employee relationship is referred to as the ----- - correct answer master-servant relationship. In mo...

BUSI 301 - Connect Homework Liberty University - Question and answers correctly solved BUSI 301 - Connect Homework What type of litigation involves parties and their counsel arguing their respective positions on a business controversy in a court of law? - correct answer Civil In a business context, dispute resolution should be: - correct answer 1. a part of business strategy. 2. a part of business planning. How does a plaintiff initiate a civil lawsuit? - correct answer Filing a comp...

Busi 301 Week 1 Liberty University - Questions with complete solution Busi 301 Week 1 Laws passed by the federal or a state legislature and either approved or rejected by the executive branch are called - correct answer statutes Most American law derives from this country's legal doctrines - correct answer England Federal statutes are created by the United States _____ and approved or vetoed by the President. - correct answer Congress or legislature A typical business transaction ...

BUSI 301 Liberty University -Business Law 301: Exam 3 with 100% correct answers Mediation - correct answer - satisfy mutual interests of the parties with the assistance of a mediator - mediator has no power - focus on needs rather than rights Typical Stages of Mediation - correct answer - Initial Contact - Beginning Mediation Session - Discuss Each Issue - Caucus may be necessary - final agreement in writing Initial Contact - correct answer - Educate Parties - Formal Agreement to me...

BUSI 301 Liberty University -LU BUSI 301 Chapter 10 verified answers Tort - correct answer Civil wrong where one party has acted/failed to act, leading to a loss suffered by another party. Tort Law - correct answer Intended to compensate injured parties for losses resulting harm for some unreasonable conduct by another. Torfeasor - correct answer One who commits a tort Tortious conduct - correct answer Tortfeasor's wrongful conduct Restatements of Torts - correct answer Document th...

BUSI 301 TEST EXAM (LIBERTY UNIVERSITY) BUSI 301 TEST EXAM (LIBERTY UNIVERSITY) WITH GUARANTEED ACCURATE ANSWERS|VERIFIED Law - Accurate AnswerA body of rules of action or conduct prescribed by controlling authority and having legal binding force. Jurisprudence - Accurate AnswerThe science and philosophy of law that defines various approaches to the appropriate function of law and how legal doctrines should be developed and applied. The primary sources of law are: - Accurate Answer1...

overhead - ANSWER - The costs of running your business, including office expenses, etc. Stop notice - ANSWER - A document given for the purpose of stopping, intercepting, or freezing funds that have not yet been paid on a construction project in an attempt to ensure payment. What is required to for a stop notice to take effect? - ANSWER - 20-day preliminary notice must have been sent in order for a Stop Payment Notice to take effect. What is a Preliminary notice - ANSWER - A preliminary...

Busi 301 Week 1Laws passed by the federal or a state legislature and either approved or rejected by the executive branch are called - correct answer statutes Most American law derives from this country's legal doctrines - correct answer England Federal statutes are created by the United States _____ and approved or vetoed by the President. - correct answer Congress or legislature A typical business transaction may be impacted by many areas of the law: - correct answer before, during, a...