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BLAW 342 Exam 3 Question and answers 100% correct What is Consideration? - correct answer Consideration is some value given in exchange for a promise or performance. •Consideration has two required elements: 1.Must have something of legal value or sufficiency; and 2.Must be a bargained-for exchange. What is a Legally Sufficient Value? - correct answer To matter, the consideration at issue must be something of legal value given in return for: 1. A promise to do something -Ex: p...

BA 342 Exam 1 Question and answers correctly solved Corporations succeed at their highest level by ensuring two major concepts are tightly linked. What are those two elements? - correct answer Trust and value Congratulations on joining the Smeal college of business. As part of Smeal you wish to hold yourself to the highest ethical standards. Which of the choices below IS NOT considered part of the Smeal Honor Code? A) We will not engage in improper actions B) We believe our past actio...

Exam (elaborations) LSTD 2106 Final Exam Question and answers rated A+ Exam (elaborations) LSTD 2106 Final Exam Question and answers already passed Exam (elaborations) LSTD 2106 Final Exam Question and answers 100% correct Exam (elaborations) LSTD 2106 Exam 4 Corrected Question and answers verified to pass Exam (elaborations) LSTD 2106 Exam

LSTD 2106 Final Exam Question and answers rated A+ Law - correct answer a body of rules of action or conduct prescribed by controlling authority and having legal binding force Purpose of law - correct answer to provide a system of order, to levy punishment/consequences for violation of rules, resolving disputes, promote equality and justice in society, give some degree of reliability in applying the law, and to serve as an important catalyst for commerce by promoting good faith dealing...

LSTD 2106 Final Exam Question and answers already passed With regard to the president's power over appointments in independent agencies that report directly to the president, the president has the power to - correct answer remove principal officers of agencies at any time with or without cause and without congressional approval. What is the last step in the agency rulemaking process? - correct answer Revision or final publication With regard to the relationship between courts an...

LSTD 2106 Final Exam Question and answers 100% correct Litigation - correct answer going to court (giving up control) ADR (Alternative Dispute Resolution) - correct answer settlement of civil disputes between parties using neutral mediators or arbitrators without going to court Motion - correct answer When of the parties request the judge do do something in the lawsuit 4 Stages of a Lawsuit - correct answer Pre-Lawsuit,Pleadings Stage,Discovery, Discovery Tols Standing - c...

LSTD 2106 Exam 4 Corrected Question and answers verified to pass private property - correct answer owned by a single owner Common Property - correct answer property that is owned by 2 or more individuals public property - correct answer property owned by the government Open-access property - correct answer property that is owned by no one personal property - correct answer any movable or tangible object that can be owned or leased (includes everything except real proper...

LSTD 2106 Exam 2 Question and answers verified to pass Contract - LSTD 2106 Exam 2set of promises enforceable by law Elements of a contract - LSTD 2106 Exam 2mutual assent, capacity to contract, consideration, legal purpose Mutal assent - LSTD 2106 Exam 2there must be an offer and an agreement between the parties capacity to contract - LSTD 2106 Exam 2proper age and mental competence consideration - LSTD 2106 Exam 2must be a bargained for exchange of goods and services; mutual exc...

LSTD 2106 Exam 2 Question and answers verified to pass Define offer - correct answer -a promise or commitment to do or refrain from doing a specified activity -the expression of a willingness to enter into a contract by the offeror's promising an offeree that she will perform certain obligations in exchange for the offeree's counterpromise to perform. mailbox rule - correct answer -provides that the acceptance of an offer is generally effective upon dispatch of the acceptance wh...

LSTD 2106 Exam 2 Question and answers rated A+ what is a contract - correct answer an agreement (or set of promises) enforceable at law what is an agreement - correct answer any meeting of the minds resulting in a mutual decision what is a promise - correct answer a guarantee that the speaker will do or refrain from doing something in the future what is a bilateral contract - correct answer one promise in exchange for another promise (offer in exchange for an offer) what i...