Sue and be sued - Study guides, Class notes & Summaries

T/F You may be charged with a crime simply for serving a guest who appears to be intoxicated. - ANSWER True T/F It is illegal to serve alcohol to a pregnant woman. - ANSWER False T/F Dram shop laws protect the server from being sued in the event that an intoxicated guest injures another individual. - ANSWER False T/F The state liquor authority can suspend an establishment's liquor license for allowing a minor to enter the establishment with a fake ID. - ANSWER True T/F All guests mu...

A corporation is a legal entity that has the rights to do which of the following?enter into contracts sue or be sued borrow money Which of the following individuals or groups is responsible for appointing the top management of a corporation?The board of directors A disadvantage of a partnership isunlimited liability A business organization in which a single person owns the assets and is responsible for the debt is known as asole proprietorship Separation of ownership and control is a...

Name the two types of local units of government in NJ - 1. Municipalities 2. Counties A municipality & county are essentially: - - corporations created by the State's Constitution and statutes A municipal corporation is designed to: - - aid the municipality in carrying out specific activities A municipal corporation has the following powers: (5) - 1. to sue & be sued, to defend & be defended in all courts of law 2. to adopt a common seal 3. to acquire property 4. to acquire, lease, and...

LEGAL ENVIRONMENT OF BUSINESS EXAM QUESTIONS WITH ANSWERS 42. Neil has admired Allison all semester, but he has never talked to her. One day, Neil walks up to Allison after class and gives her a hug. Allison is angry and decides to sue Neil. Allison would sue Neil for the tort of __________. - Answer-battery 43. Brooke walks up to Kevin, a complete stranger, and demands that Kevin pay her $1,000 or she will hurt him. In this case, Brooke commits a(n) ______. - Answer-assault 45. Claude fi...

Dissociation Partnership correct answers (1) by notifying her partners that she wishes to withdraw, (2) due to an event specified in the partnership agreement, (3) by unanimous vote of the other partners under one or more of the circumstances set forth in UPA § 601, (4) by judicial (or arbitral) order, or (5) due to death, incapacity, bankruptcy, or assigning her partnership interest for the benefit of creditors. Wrongful Dissociation correct answers 1) the dissociation constitutes a bre...

T/F You may be charged with a crime simply for serving a guest who appears to be intoxicated. - ANSWER True T/F It is illegal to serve alcohol to a pregnant woman. - ANSWER False T/F Dram shop laws protect the server from being sued in the event that an intoxicated guest injures another individual. - ANSWER False T/F The state liquor authority can suspend an establishment's liquor license for allowing a minor to enter the establishment with a fake ID. - ANSWER True T/F All guests mu...

Most of the powers of the federal government enumerated in the Constitution are powers shared with the states. True False - ️️False Res judicata is best defined as A court enforced promise A controversy that has been litigated and forever settled between the parties The ruling of a court of equity The legal basis for dicta in court opinions. - ️️A controversy that has been litigated and forever settled between the parties Today, scholars argue the role of the corporation is to ...

15th Amendment (reconstructed amendment) - Citizens cannot be denied the right to vote because of race, color , or precious condition of servitude States may regulate solely: - Intrastate commerce What is the supreme law of the land in US? - U.S. Constitution The constitution establishes what - The framework of the government Article 1 - Legislative Branch Article 2 - Executive Branch Article 3 - Judicial Branch The constitution was ratified - 1789 Commerce Clause - Clause stating that ...

A cigarette sets an automobile seat on fire and causes $450 damage. The policy shows a $300 deductible under Specified Perils. What would the insurer pay? - $450 A claim under a liability policy may be triggered by which of the following? - A negligent act A Commercial Crime Insurance Policy: - Allows the selection of coverages from a menu A Commercial General Liability Policy covers which of the following? - All of the above A dwelling valued at $100,000 is owned and insured by three peopl...

T/F You may be charged with a crime simply for serving a guest who appears to be intoxicated. - Answer-True T/F It is illegal to serve alcohol to a pregnant woman. - Answer-False T/F Dram shop laws protect the server from being sued in the event that an intoxicated guest injures another individual. - Answer-False T/F The state liquor authority can suspend an establishment's liquor license for allowing a minor to enter the establishment with a fake ID. - Answer-True T/F All guests mu...