Final exam bcor 2301 Study guides, Class notes & Summaries
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Final Exam (BCOR 2301) WITH 100% VERIFIED SOLUTIONS
- Exam (elaborations) • 24 pages • 2023
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Consideration 
The value given in return for a promise or performance in a contractual agreement. 
 
1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 
 
2. There must be a BARGAINED-FOR-EXCHANGE. 
 
 
 
Legal Sufficient Value 
Something of value in the eyes of the law; may be: 
 
- Promise [to do something] 
e.g. pay supplier upon receiving goods 
 
- Performance [of an action otherwise not obligated to] 
e.g. providing acct. services 
 
- Forbearance [refraini...
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BCOR 2301 final 2023 EXAM WITH 100% CORRECT ANSWERS
- Exam (elaborations) • 8 pages • 2023
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Intellectual property 
any property resulting from intellectual and creative purpose (books, computer files, mobile apps, movies, music) 
 
 
 
Trademark 
A distinctive word, symbol, or design that identifies the manufacturer as the source of particular goods and distinguishes its products from those made or sold by others. 
 
 
 
Lanham Act of 1946 
federal statute enacted in part to protect companies from losing business to rival companies that use confusingly similar trademarks 
 
 
 
Federal...
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BCOR 2301 Final Exam Chapters 7, 24, 35 WITH VERIFIED ANSWERS 2023
- Exam (elaborations) • 7 pages • 2023
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Intellectual property (IP) 
any property resulting from intellectual and creative purposes 
 
 
 
Trademark 
a distinctive word, symbol, sound, or design that identifies the manufacturer as the source of particular goods and distinguishes its products from those made or sold by other companies - Under common law, the person who used a symbol or mark to identify a business or product was protected in the use of that trademark 
 
 
 
 
Lanham Act of 1946 
federal statute enacted in part to protect...
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Final Exam (BCOR 2301) 2023 Questions and Answers
- Exam (elaborations) • 17 pages • 2024
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Final Exam (BCOR 2301) 2023 Questions and Answers 
 
Consideration 
The value given in return for a promise or performance in a contractual agreement. 
 
1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 
 
2. There must be a BARGAINED-FOR-EXCHANGE. 
Legal Sufficient Value 
Something of value in the eyes of the law; may be: 
 
- Promise [to do something] 
e.g. pay supplier upon receiving goods 
 
- Performance [of an action otherwise not obligated to] 
e.g. prov...
-
Final Exam (BCOR 2301) 2023 Questions and Answers
- Exam (elaborations) • 17 pages • 2024
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- $14.79
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Final Exam (BCOR 2301) 2023 Questions and Answers 
 
Consideration 
The value given in return for a promise or performance in a contractual agreement. 
 
1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 
 
2. There must be a BARGAINED-FOR-EXCHANGE. 
Legal Sufficient Value 
Something of value in the eyes of the law; may be: 
 
- Promise [to do something] 
e.g. pay supplier upon receiving goods 
 
- Performance [of an action otherwise not obligated to] 
e.g. prov...
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FINAL EXAM (BCOR 2301) VERIFIED SOLUTION GRADED A+
- Exam (elaborations) • 37 pages • 2023
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FINAL EXAM (BCOR 2301) VERIFIED SOLUTION GRADED A+
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Final Exam (BCOR 2301) 2023 Questions and Answers
- Exam (elaborations) • 37 pages • 2023
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Final Exam (BCOR 2301) 2023 Questions and Answers
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Final Exam (BCOR 2301) 2023 Questions and Answers
- Exam (elaborations) • 17 pages • 2023
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Final Exam (BCOR 2301) 2023 Questions and Answers 
 
Consideration 
The value given in return for a promise or performance in a contractual agreement. 
 
1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 
 
2. There must be a BARGAINED-FOR-EXCHANGE. 
Legal Sufficient Value 
Something of value in the eyes of the law; may be: 
 
- Promise [to do something] 
e.g. pay supplier upon receiving goods 
 
- Performance [of an action otherwise not obligated to] 
e.g. prov...
-
FINAL EXAM (BCOR 2301) QUESTION AND ANSWERS GRADED A+
- Exam (elaborations) • 37 pages • 2023
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- $11.99
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FINAL EXAM (BCOR 2301) QUESTION AND ANSWERS GRADED A+
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Final Exam (BCOR 2301) 2023 Questions and Answers
- Exam (elaborations) • 17 pages • 2023
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- $10.99
- + learn more
Final Exam (BCOR 2301) 2023 Questions and Answers 
 
Consideration 
The value given in return for a promise or performance in a contractual agreement. 
 
1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 
 
2. There must be a BARGAINED-FOR-EXCHANGE. 
Legal Sufficient Value 
Something of value in the eyes of the law; may be: 
 
- Promise [to do something] 
e.g. pay supplier upon receiving goods 
 
- Performance [of an action otherwise not obligated to] 
e.g. prov...
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