Legl 2700 hackleman exam - Study guides, Class notes & Summaries

LEGL 2700 TEST 1 (HACKLEMAN) EXAM WITH 100% ACCURATE ANSWERS

LEGL 2700 Hackleman Final Exam Court Cases.

LEGL 2700 (chpt 8 Hackleman), Exam Review Questions and answers, rated A+ What are Contracts? - -promises that are enforceable with predictable consequences for performance failures What does Contract Law enable? - -private agreements to be legally enforceable Contracts - --enable buyers and sellers to account for future risks or have confidence in exchanging valuables -provides flexibility and precision in business dealings What are the 2 sources of contract law? - -legislation and c...

Closely Held Organizations - correct answer small group of people (like family owned) Publicly Held Organization - correct answer A corporation that may have thousands of stockholders and whose stock is regularly traded on a national securities exchange. basic forms of business organizations - correct answer 1. Sole Proprietorship 2. Partnership 3. Corporation hybrid forms of business organizations - correct answer -limited partnerships -s corporations -limited liability companies ...

LEGL 2700 Final Exam UGA (Hackleman) Questions and Answers 100% Pass Closely Held Organizations - small group of people (like family owned) Publicly Held Organization - A corporation that may have thousands of stockholders and whose stock is regularly traded on a national securities exchange. basic forms of business organizations - 1. Sole Proprietorship 2. Partnership 3. Corporation hybrid forms of business organizations - -limited partnerships -s corporations -limited liability comp...

LEGL 2700 Test 2 Hackleman Exam Questions and Answers 100% Pass property - legal right to exclude others from resources that are originally possessed or are acquired without force, theft, or fraud -absolute, not infinite -boundaries can be ambiguous -foundation of the free market how does property help society achieve prosperity? - promotes incentives, establishes conditions for capital formation, makes resources easily divisible real property - land and interests in land personal pr...

LEGL 2700 Test 2 Hackleman UGA Exam Questions with 100% Correct Answers property - right to exclude others from resources that are acquired legally Property and Prosperity - Promotes incentives, establishes capital formation, easily divisible capital formation - quality of resources that produces new or different resources divisions of property - real and personal Real Property - ownership of land and mineral rights Personal Property - movable resources, tangible and intangible air ri...

LEGL 2700 Hackleman Test 1 Exam Questions and Answers 100% Solved 3 concepts for functioning market - Law- most significant and formal rules established by the gov Rule of Law - laws generally and equally applicable to all Property -enables party that owns property to keep other from interfering 3 Types of Property - Public, Private, Common jurisprudence - philosophies that explain the origin of law and its justification ownership - the right to turn to public authorities like the polic...

Hackleman Test 3 Cases LEGL 2700 Exam/Questions & Answers

LEGL 2700 (Chapter 11 Hackleman) Exam Questions and Answers 100% Pass Chapter 11- Intellectual Property - Intellectual Property - importance, justification, competition Importance of Intellectual Property - -article 1 section 8 -promote the progress of science and useful arts TRUE OR FALSE - companies should have a plan for intellectual rights b/c you can't suck it back in after it's been taken Trade Secret - -knowledge or info -*kept secret (reasonable measures taken) -economic va...