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COB 218 Final Test Questions with Correct Answers

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COB 218 Final Test Questions with Correct Answers beatrix defaults on a debt to CLC. as a creditor, CLC can place lines on all of Beatrix's property, - Answer-except motor vehicles used to commute to workd cal owes devin 100$ on their roof repair contract, but refuses to pay. to collect, Devin files a mechanic's lien. under the mechanic lien, security for the debt is represented by - Answer-Cal's real estate michael contracts with jill to fix her car brakes. jill will not pay after t...

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COB 218 Study Questions with Correct Answers

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COB 218 Study Questions with Correct Answers Jurisdiction - Answer-to the power of a court to hear a particular case Original Jurisdiction - Answer-the power to hear and decide a case when it first enters the legal system appellate jurisdiction - Answer-the power to review a lower court decision to determine whether the lower court erred in rendering its verdict In personam - Answer-a court can exercise personal jurisdiction over any person or business that resides in a certain geograp...

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COB218 Chapter 13 Test Questions and Answers All Correct

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COB218 Chapter 13 Test Questions and Answers All Correct Nora enters into a contract with Oceanic Transport, Inc., to insure and ship a painting from France to the United States for a certain price. But Oceanic makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would - Answer-allow the parties to rescind the contract. Garth owns two all-terrain vehicles (ATVs), worth $1,000 and $500, re-spec-tively. Helen a...

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COB218 Chapter14 Test Questions and Answers All Correct

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COB218 Chapter14 Test Questions and Answers All Correct Over the course of a year, Discount Market Company sells goods from its inventory and also sells one of its warehouses. In exchange, Discount receives checks, which Discount uses to repay a loan from Evermore Credit Inc. Article 2 of the UCC governs - Answer-the sale of the goods. Canyon Creek Corporation is a Delaware-based firm that does business throughout the United States. With respect to this circumstance, the UCC has been ad...

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COB 218 Test 1 Questions with Correct Answers

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COB 218 Test 1 Questions with Correct Answers 1-2 In this lawsuit, who is the plaintiff, and who is the defendant? - Answer-Arthur Rabe is the plaintiff. Xavier Sanchez is the defendant. Defendant - Answer-one against whom the lawsuit is brought Plaintiff - Answer-initiator of the lawsuit 1-2 If Rabe wants Sanchez to perform the contract as promised, what remedy should Rabe seek? - Answer-injuction, specific performance, rescission (remedy at equity) Injunction - Answer-directing a pa...

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COB 218 Chp 17 Test Questions with Correct Answers

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COB 218 Chp 17 Test Questions with Correct Answers Title VII - Answer-prohibits discrimination against employees, applicants, and union members on the basis of race, color, national origin, religion, or gender, pregnancy, sexual harassment at any stage of employment. applies to 15+ employees/ union members, labor unions that operate hiring halls, employment agencies, state/local governing units What kind of conduct is prohibited by Title VII of the Civil Rights Act? - AnswerDiscriminati...

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COB 218 Final Exam Questions with Correct Answers

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COB 218 Final Exam Questions with Correct Answers Public Disclosure Test - Answer-The television test; requires you to act as if your actions were being broadcasted Universalization Test - Answer-The ethical guideline that urges us to consider before we act, what the world would be like if everyone acted in this way Original Jurisdiction - Answer-The power to hear and decide cases when they first enter the legal system Appellate Jurisdiction - Answer-The power to review previous judici...

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COB 218 Chapter 8 Test Questions and Answers All Correct

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COB 218 Chapter 8 Test Questions and Answers All Correct Trademark - Answer-A distinctive word, symbol or design that identifies the manufacturer as the source of the goods and distinguishes it's products from those made/sold by others trademarks and related property - Answer-Lanham Act of 1946 and the Federal Trademark Dilution Act of 1995 are major federal statutes that protect trademark infringement - Answer-when one uses a mark that is the same as, or confusingly similar to, the p...

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COB 218 Chapter 11 Study Questions with Correct Answers

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COB 218 Chapter 11 Study Questions with Correct Answers Major obstacles to genuine assent - Answer-- Mistake - Misrepresentation - Undue Influence - Duress Mistake - Answer-An erroneous belief about the facts of a contract at the time the contract is concluded. When a mistake occurs, legal assent is absent. Mistakes in contract law do NOT result from the untrue statements of the other party to the contract Unilateral Mistake - Answer--The result of error by ONE party about a material...

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COB 218 Chapter 2 Test Questions with Answers

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COB 218 Chapter 2 Test Questions with Answers The doctrine of judicial review allows - Answer-the judicial branch to decide whether laws or actions of the other two branches are constitutional The power of judicial review has remained unchallenged since which Supreme Court decision? - Answer-Marbury v. Madison When a state exercises jurisdiction over property within that state, this type of jurisdiction is called in personam. - Answer-False (in rem jurisdiction - jurisdiction over the ...

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