Busi 2001 - Study guides, Class notes & Summaries
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BUSI 2001 Week 6: Negotiable Instruments and Government Regulation - Final Exam
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BUSI 2001 Week 6: Negotiable Instruments and Government Regulation - Final Exam
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BUSI 2001 Week 6: Negotiable Instruments and Government Regulation - Final Exam
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BUSI 2001 Week 6: Negotiable Instruments and Government Regulation - Final Exam	 Help 
 
 
 
Time Remaining: 
 
1.	Except as provided by statute, oral contracts are just as enforceable as written contracts. (Points: 5) 
True False 
 
2.	Full performance is the most common method by which contracts are discharged. (Points: 5) 
True False 
 
3.	One of the elements necessary to establish fraud is a false statement or concealment of a material fact. (Points: 5) 
True False 
 
4.	The UCC requires all...
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BUSI 2001 FINAL EXAM - QUESTION AND ANSWERS
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BUSI 2001 FINAL EXAM - 
QUESTION AND ANSWERS 
Question 1 
5 out of 5 points 
Except as provided by statute, oral contracts are just as enforceable as written contracts. 
Selected Answer: True 
Correct Answer: True 
Question 2 
5 out of 5 points 
Full performance is the most common method by which contracts are discharged. 
Selected Answer: True 
Correct Answer: True 
Question 3 
5 out of 5 points 
One of the elements necessary to establish fraud is a false statement or concealment of a ma...
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BUSI 2001 FINAL EXAM - QUESTION AND ANSWERS
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BUSI 2001 FINAL EXAM - 
QUESTION AND ANSWERS 
Question 1 
 
5 out of 5 points 
 
 
 
Except as provided by statute, oral contracts are just as enforceable as written contracts. 
 
Selected Answer:	 True 
Correct Answer:	 True 
 
Question 2 
 
5 out of 5 points 
 
 
 
Full performance is the most common method by which contracts are discharged. 
 
Selected Answer:	 True 
Correct Answer:	 True 
 
Question 3 
 
5 out of 5 points 
 
 
 
One of the elements necessary to establish fraud is a false sta...
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BUSI 2001 FINAL EXAM WEEK 6 WITH ANSWERS
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BUSI 2001 FINAL EXAM 
WEEK 6 WITH ANSWERS 
1 
Week 6: Negotiable Instruments and Government Regulation - Final Exam Help 
Time Remaining: 
1. Except as provided by statute, oral contracts are just as enforceable as written 
contracts. (Points: 5) 
 True 
 False 
2. Full performance is the most common method by which contracts are discharged. 
(Points: 5) 
 True 
 False 
3. One of the elements necessary to establish fraud is a false statement or concealment of 
a material fact. (Points: 5) 
...
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BUSI 2001 WEEK 4 QUIZ - QUESTION AND ANSWERS
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Week 4: Legal Purpose and Written Contracts - Tutorial Quiz	 Help 
 
 
 
1.	Abbot accepted Milligan's oral offer to sell a small parcel of real property. This agreement is (Points: 2) 
Illegal because it should have been in writing 
Illegal because the sale was not arranged by a licensed real estate salesperson Legal but unenforceable by either party 
Legal but enforceable only by the offerer 
 
 
2.	Usury laws provide protection in a contract that is (Points: 2) For the loan of money 
For the ...
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BUSI 2001 WEEK 2 QUIZ WITH ANSWERS
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BUSI 2001 WEEK 2 QUIZ WITH 
ANSWERS 
• Question 1 
2 out of 2 points 
A tort is 
Selected Answer: 
A private wrong 
Correct Answer: 
A private wrong 
• Question 2 
2 out of 2 points 
Lovell threatened to hit Farrin. If Lovell did hit Farrin and Farrin suffered injury or damages, 
she could sue Lovell for 
Selected Answer: 
Assault and battery 
Correct Answer: 
Assault and battery 
• Question 3 
2 out of 2 points 
To determine negligence, the court compares the conduct of the defendant wi...
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BUSI 2001 WEEK 4 QUIZ - QUESTION AND ANSWERS
- Exam (elaborations) • 3 pages • 2024
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BUSI 2001 WEEK 4 QUIZ - 
QUESTION AND ANSWERS 
Week 4: Legal Purpose and Written Contracts - Tutorial Quiz Help 
1. Abbot accepted Milligan's oral offer to sell a small parcel of real property. This 
agreement is (Points: 2) 
 Illegal because it should have been in writing 
 Illegal because the sale was not arranged by a licensed real estate salesperson 
 Legal but unenforceable by either party 
 Legal but enforceable only by the offerer 
2. Usury laws provide protection in a contract that...
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BUSI 2001 FINAL EXAM WEEK 6 WITH ANSWERS
- Exam (elaborations) • 7 pages • 2024
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Week 6: Negotiable Instruments and Government Regulation - Final Exam	 Help 
 
 
 
 
Time Remaining: 
 
1.	Except as provided by statute, oral contracts are just as enforceable as written contracts. (Points: 5) 
True False 
 
2.	Full performance is the most common method by which contracts are discharged. (Points: 5) 
True False 
 
3.	One of the elements necessary to establish fraud is a false statement or concealment of a material fact. (Points: 5) 
True False 
 
4.	The UCC requires all parties...
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BUSI 2001 Final Exam Week 6 - Business Law
- Exam (elaborations) • 10 pages • 2022
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BUSI-2001-3,Business Law Final Exam Week 6 
Final Exam Week 6 
1. Except as provided by statute, oral contracts are just as enforceable as written contracts.	 
2. Full performance is the most common method by which contracts are discharged.	 
3. One of the elements necessary to establish fraud is a false statement or concealment of a material fact. 
4. The UCC requires all parties entering a sales contract to perform their obligations in good faith. 
5. The term goods includes intangible persona...
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