Cengage Advantage Books: Essentials of Business Law 5th Edition

ISBN 13
978-1285427003
ISBN 10
1285427009
Authors
Jeffrey F. Beatty, Susan S. Samuelson
has exam prep Exam Prep  has homework help Homework Help
145 documents found.
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978-1285427003 Chapter 1 Lecture Note Part 1
Chapter 1 INTRODUCTION TO LAW Suggested Additional Assignments Research Students should search a newspaper other online news source and find ten articles dealing with legal issues. The articles might refer to contract disputes, negligence suits, international trade agreements, statutory debates in Congress, environmental conflicts, employment issues, and so on. Make the search competitivetime how quickly students can
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978-1285427003 Chapter 1 Lecture Note Part 2
Chapter 1 INTRODUCTION TO LAW You Be the Judge: Soldano v. ODaniels1 Note: There are two reasons for using this case. First is to introduce students to the You Be the Judge feature. There is one such case in almost every chapter. The text provides the facts and issue and then, in place of
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978-1285427003 Chapter 10 Lecture Note Part 1
Suggested Additional Assignments Bob and Katrina: Lets Make a Deal The chapter opens with a page of dialogue. Bob, a movie director, and Katrina, an actress, believe they have formed a contractbut what are its terms? Divide students into two groups and have one group write a brief contract capturing the deal from Bobs
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978-1285427003 Chapter 10 Lecture Note Part 2
Acceptance The offeree must communicate acceptance for it to be valid. In order to accept, the offeree must do or say something that a reasonable person would understand to mean that the offeree definitely wants to take the offer. Usually, silence will constitute acceptance. Mirror Image Rule Under the common law, acceptance must be on precisely
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978-1285427003 Chapter 11 Lecture Note Part 1
Suggested Additional Assignments Research: Binding Promise Using the library or the Internet, students should find a current article that raises a dispute about a promise. Typically, someone made a statement that another person or company relied on, but the speaker now declares the promise was never meant to be binding. These issues are common
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978-1285427003 Chapter 11 Lecture Note Part 2
You Be the Judge: Citizens Trust Bank v. White1 Facts: Herbert White refinanced his home through Citizens Trust Bank. When he fell behind on his payments (he owed about $43,000) the Bank notified White that it intended to foreclose. The Bank sent White a formal notice that it would sell his
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978-1285427003 Chapter 12 Lecture Note Part 2
You Be The Judge: Ransburg v Richards1 Facts: Barbara Richards leased an apartment at Twin Lakes, a complex owned by Lenna Ransburg. The written lease declared that: Twin Lakes would gratuitously maintain the common areas. Richards use of the facilities would be at her own risk. Twin Lakes was not
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978-1285427003 Chapter 13 Lecture Note Part 1
Suggested Additional Assignments Drafting Exercise: Distinguishing Puery and Misrepresentation Students should write one page of dialogue or prose describing a sales pitch made to a consumer. The seller should tread the fine line between puffery and misrepresentation, and the student should be able to declare whether the conduct was lawful, and why. Research: Fine Art This
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978-1285427003 Chapter 13 Lecture Note Part 2
Case: Donovan v. RRL Corporation1 Facts: Brian Donovan, in the market for a used car, spotted a newspaper ad for a local Lexus dealer listing a sapphire blue Jaguar XJ6 Vanden Plas for $25,995. Jaguars of the same year and mileage cost about $8,000 to $10,000 more than the auto at
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978-1285427003 Chapter 14 Lecture Note Part 1
Suggested Additional Assignments Get it in Writing, and Then Read It A side benefit of the Statute of Frauds is that the parties end up with a written record of the agreement they made. However, the value of this memorial is reduced by the fact that many people never look at the writing, either
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978-1285427003 Chapter 14 Lecture Note Part 2
Case: Seton, Co. v. Lear Corp.1 Facts: General Motors hired Lear to supply all of the leather seats for its trucks and SUVs. In October, 1998, Lear and Seton agreed that Seton would provide Lear with cut-to-pattern leather, which Lear would then assemble. Seton agreed to give Lear rebates based on
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978-1285427003 Chapter 15 Lecture Note Part 2
Delegation of Duties A delegation transfers the delegators duties to the delegatee. The delegator is the party delegating duties. The delegatee is the party to whom the duties are delegated. What Duties are Delegable? Most duties are delegable. An obligor may delegate his duties unless (a) delegation would violate public policy; (b) the original contract prohibits
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978-1285427003 Chapter 16 Lecture Note Part 2
BREACH When one party fails to perform its obligations, the nonperforming party breaches a contract. The injured party may sue for damages resulting from the breach, and, if the breach is material, may be discharged from the contract. Material Breach Some breaches are minor deviations from contracted performance, and do not give rise to discharge.
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978-1285427003 Chapter 17 Lecture Note Part 1
Suggested Additional Assignments Research: Professional Sports and Contract Law Students should find news articles dealing with contract disputes between professional athletes and their teams. What are the facts of the dispute? What legal issues do the disputes raise? What remedies do the parties seek? Are they consistent or at odds with the remedies described
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978-1285427003 Chapter 18 Lecture Note Part 1
Suggested Additional Assignments Research: Lawyers and Public Opinion Students should conduct an informal survey of friends and associates to gather ideas on public perception of lawyers. They should categorize the comments and evaluate what types of people have a negative opinion of lawyers and what type have a positive opinion. Drafting: Contracts Students should draft a
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978-1285427003 Chapter 18 Lecture Note Part 2
Additional Case: Hadley v. Baxendale1, p. 407 Facts: The Hadleys operated a flour mill in Gloucester. The mills crankshaft broke, causing the mill to grind to a halt. The Hadleys employed Baxendale to cart the damaged part to a foundry in Greenwich, where a new one could be manufactured. Baxendale
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978-1285427003 Chapter 19 Lecture Note Part 1
Suggested Additional Assignments Good Faith Students should write a short description of realistic commercial behavior that skirts the border between lawful, aggressive business dealing, and bad faith. Students should know in their own mind whether or not the behavior is legitimate. Students will then exchange examples, read them out loud, and analyze each others cases. Drafting:
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978-1285427003 Chapter 19 Lecture Note Part 2
Case: Mathis v. Exxon Corporation1 Facts: Exxon marketed gasoline to retailers in three ways. Franchisees (who owned local gas stations) were required to purchase a minimum number of gallons per month at the dealer tank wagon price (DTW) set by Exxon. Jobbers (distributors who could resell to dealers) paid the "rack
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978-1285427003 Chapter 2 Lecture Note Part 1
Chapter 2 ETHICS AND CORPORATE SOCIAL RESPONSIBILITY Suggested Additional Assignments Research Ask students to bring to class a newspaper, magazine, or internet article that raises ethical issues regarding a US company doing business overseas. They should be prepared to identify the ethical issues and discuss them using the checklist in the chapter. Interview: Businesspeople on Ethics Each student (or
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978-1285427003 Chapter 2 Lecture Note Part 2
Chapter 2 ETHICS AND CORPORATE SOCIAL RESPONSIBILITY An Organizations Responsibility to Its Customers Customers are another group of essential stakeholders. A corporation must gain and retain loyal buyers if it is to stay in business for long. Treating customers well usually increases profits and helps shareholders. But when, if ever, does an organization go too far?
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978-1285427003 Chapter 20 Lecture Note Part 1
Suggested Additional Assignments Drafting Exercise: Consignment Students are the authors of a syndicated newspaper advice column. They must answer the following letter, which is based on many such instances: Dear Legal Advisor: I collect rare cars. I needed to raise money for some new purchases, so I consigned two beautiful Bugattis to Celebrity Rare Autos, a
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978-1285427003 Chapter 20 Lecture Note Part 2
Creditor's Rights Article 9 of the Uniform Commercial Code controls the rights of secured parties. We look closely at it in Chapter 23. Briefly stated, UCC 9-320 generally permits a buyer in the ordinary course of business to take goods free and clear of a security interest. Consignment If you assigned the consignment question at
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978-1285427003 Chapter 20 Lecture Note Part 3
Disclaimers and Defenses Sellers often include disclaimers and remedy limitations in the sales contract. A disclaimer is a statement that a particular warranty does not apply. The Code permits the seller to disclaim most warranties. Question: What is the difference between a warranty disclaimer and a remedy limitation? Answer: A disclaimer is a statement that
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978-1285427003 Chapter 21 Lecture Note Part 1
Suggested Additional Assignments Drafting and Role Play: Contract Warranties and Remedies The students will negotiate and draft a computer contract. Half of the students will represent Profit & Densom, a firm of ten accountants. The others will represent Ibex, a computer consulting firm. The parties have agreed that Ibex will create and install a
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978-1285427003 Chapter 21 Lecture Note Part 2
Case: Hessler v Crystal Lake Chrysler-Plymouth, Inc.1 Facts: The facts are provided in the chapter opening. The trial court awarded Hessler $29,853, representing the difference between his contract with Crystal Lake and the sum he ultimately spent purchasing a new Prowler. Crystal Lake appealed, arguing that Hessler covered unreasonably. Issue: Did Hessler
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978-1285427003 Chapter 22 Lecture Note Part 1
Suggested Additional Assignments Writing Exercise Ask students to write their own mystery story modeled on the vignette that opens the chapter. This exercise will help them consolidate their grasp of the material in the chapter. In class, ask them to break into groups and share their stories with the group. They will then select
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978-1285427003 Chapter 22 Lecture Note Part 2
Defenses against a Holder in Due Course Fundamental Rule Part (4): The issuer cannot claim any of a limited number of real defenses Real Defenses: valid against both a holder and a holder in due course Personal Defenses: valid only against a holder Forgery Bankruptcy Being Underage Alteration Duress Mental incapacity Illegality Fraud in the execution Breach of contract Lack of consideration Prior
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978-1285427003 Chapter 22 Lecture Note Part 3
Additional Case: Wachovia Bank v. Foster Bancshares1 Facts: MediaEdge wrote a check for $133,026 on its account at Wachovia, payable to CMP Media. Before CMP received the check, someone changed the name of the payee to Sunjin Choi Choi, and deposited the altered check into Chois account at Foster Bancshares. Foster
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978-1285427003 Chapter 23 Lecture Note Part 2
You Be The Judge: Conseco Finance Servicing Corp. v Lee1 Facts: Lila Williams purchased a new Roadtrek 200 motor home from New World R.V. Inc. She paid about $14,000 down and financed $63,000, giving a security interest to New World. The R.V. company assigned its security interest to Conseco Finance, which
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978-1285427003 Chapter 24 Lecture Note Part 1
Suggested Additional Assignments Research: Exempt Property Under the Code, individual debtors are permitted to keep certain exempt property. However, the Code allows state law to establish the amount and type of this exempt property. Ask students to determine your states law on exempt property. A list of state exemptions is available at http://www.bcsalliance.com/bankruptcy_stateexemptions.html. Chapter Overview Chapter Theme As
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978-1285427003 Chapter 24 Lecture Note Part 2
Chapter 11 Reorganization For a business, the goal of a Chapter 7 bankruptcy is euthanasiaputting it out of its misery by shutting it down and distributing its assets to creditors. Chapter 11 has a much more complicated and ambitious goalresuscitating a business so that it can ultimately emerge as a viable economic concern Keeping
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978-1285427003 Chapter 25 Lecture Note Part 1
Suggested Additional Assignments Personal Experiences: Agency Ask students to prepare a list of five instances in which they have acted as an agent for someone else, or someone else has acted as an agent for them. Sports Agents For many students, agency law will immediately conjure images of the Tom Cruise film Jerry Maguire and
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978-1285427003 Chapter 25 Lecture Note Part 2
Additional Case: Dickinson v. Charter Oaks1 Facts: Marlee and Richard Snowdon bought a house next door to Hal and Carol Dickinson. Carol had owned the house for 30 years; Hal had moved in 10 to 15 years later when he and Carol married. Hal had no ownership interest in the property. The
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978-1285427003 Chapter 26 Lecture Note Part 1
Suggested Additional Assignments Research: Airline Unions Students should find as much information as possible about an airline that recently filed for bankruptcy, or is on the verge of filing for bankruptcy. What role do unions play in the financial position of the airline? Are there on-going talks between the union and management? If so,
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978-1285427003 Chapter 26 Lecture Note Part 2
Additional Case: Progressive Electric, Inc. v. National Labor Relations Board1 Facts: Progressive Electric was a non-union electrical contractor. The International Brotherhood of Electrical Workers (IBEW) targeted the company for organizing. Progressive advertised in the local paper that it was accepting applications for electrician/technicians. Without revealing his IBEW membership, David Cousins responded to
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978-1285427003 Chapter 27 Lecture Note Part 1
Suggested Additional Assignments Research: Sexual Harassment Policies Ask students who are employed to find their companys sexual harassment policy. What type of behavior does it prohibit? What are the procedures for complaining about harassment? Do they think it is comprehensive? What, if any, changes would they make to the policy? Presentation: Employment Issues Ask students to
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978-1285427003 Chapter 27 Lecture Note Part 2
Discrimination on the Basis of Disability The Rehabilitation Act of 1973 The Rehabilitation Act of 1973 prohibits discrimination on the basis of disability by the executive branch of the federal government, federal contractors, and entities that receive federal funds. Americans with Disabilities Act Passed in 1990, The Americans with Disabilities Act (ADA) prohibits employers from
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978-1285427003 Chapter 28 Lecture Note Part 1
Suggested Additional Assignments Interview: Entrepreneur Student could interview an entrepreneur to ask why he or she chose a particular form of business. Did the entrepreneurs understand the legal issues involved? Did they simply rely on lawyers in making their selections? Or did they fall into a choice such as sole proprietorship or corporation without
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978-1285427003 Chapter 28 Lecture Note Part 2
General Partnerships Few people now affirmatively elect to form a partnership because so many other options are available. Even professionals such as lawyers and accountants now have other choices. As we will see in the next chapter, many partnerships are created accidentally by people unfamiliar with partnership law. In addition, entrepreneurs who unsuccessfully attempt
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978-1285427003 Chapter 29 Lecture Note Part 2
Additional Case: Northeast Harbor Golf Club, Inc. v. Harris1 Facts: Nancy Harris was the President of the Northeast Harbor Golf Club in Maine for nearly 20 years. The club's only major asset was a golf course in Mount Desert. Harris was definitely a generous President. She not only mowed the grass
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978-1285427003 Chapter 29 Lecture Note Part 3
You Be the Judge: eBay Domestic Holdings, Inc. v. Newmark1 Facts: Defendant, craigslist, Inc. owned the most popular website in the country for classified ads. It had just two shareholders Craig Newmark and Jim Buckmaster -- and only 34 employees. eBay, Inc. was a publicly traded company that operated online auction
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978-1285427003 Chapter 3 Lecture Note Part 1
Trial Adversary System Our system of justice assumes that the best way to bring out the truth is for both sides to go at the various witnesses, enabling a neutral factfinder (judge or jury) to detect the truth. Each side presents its witnesses and then the opponent has a chance to cross-examine. The judge
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978-1285427003 Chapter 3 Lecture Note Part 2
Chapter Overview Chapter Theme The process of litigation may influence the outcome of a dispute as strongly as the substantive law. That is all the more reason to use preventive law, and stay out of court. This chapter examines the structure of the United States court system, and introduces litigation and alternative dispute resolution
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978-1285427003 Chapter 30 Lecture Note Part 1
Suggested Additional Assignments Research: IPOs Ask students to obtain a preliminary or final prospectus from a company that has recently been through an initial public offering (IPO). To obtain this document, they can call a company directly, a brokerage firm, or an investment bank. In addition, all SEC filings are available on the Internet
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978-1285427003 Chapter 30 Lecture Note Part 2
Additional Case: SEC v. Zandford1 Facts: William Wood was an elderly man in poor health whose daughter was mentally disabled. He placed $419,255 in a brokerage account, instructing his broker, Charles Zandford, that his principal goal was the safety of principal and income. Relying on Zandfords promise to conservatively invest the money,
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978-1285427003 Chapter 30 Lecture Note Part 3
Landmark Case: United States v. Trenton Potteries Company1 Facts: This case involved dirty behavior in the bathroom fixture business. The federal government al - leged 23 of the corporations that manufactured these fixtures had agreed on the prices they would charge their customers. The defendants argued that they had not violated
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978-1285427003 Chapter 31 Lecture Note Part 1
Suggested Additional Assignments Research: Unfair or Deceptive Advertising Ask students to bring to class an ad that they think is deceptive or unfair. They could either clip an ad from a newspaper or magazine, or record one from television. Research: Credit Reports Ask students to order a credit report from one of the three national
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978-1285427003 Chapter 31 Lecture Note Part 2
Debt Collection You Be the Judge: Brown v. Card Service Center1 Facts: Card Service Center (CSC) sent Elizabeth Brown a collection letter demanding payment for a delinquent credit card balance of $1,874. The letter said: You are requested to contact the Recovery Unit of the Card Service Centerto discuss your account. Refusal to
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978-1285427003 Chapter 32 Lecture Note Part 1
Suggested Additional Assignments Field Work: Cookies and Internet Functionality Have students block their web browsers from accepting cookies and record how it changes their online experience. Research: Online Safety Ask students what steps they take to protect both their privacy online and the security of their computer. They should consider options such as providing incorrect personal
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978-1285427003 Chapter 32 Lecture Note Part 2
Additional Case: You Be The Judge: United States of America v. Cyberheat, Inc.1 Facts: Cyberheat, Inc., ran sexually explicit websites for consenting adults. It hired other companies, called affiliates, to drive potential subscribers to its sites. The affiliates were paid a fee for each subscriber they generated. The contract that Cyberheat
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978-1285427003 Chapter 33 Lecture Note Part 1
Suggested Additional Assignments Research: Patents Ask students to search the Patent and Trademark Office (PTO) database to locate two patented inventions, one worthwhile and one frivolous. Students should prepare a brief description of each item and explain why it is worthwhile or frivolous. The PTOs searchable patent database is located at http://www.uspto.gov/patft/index.html. Research: Trademarks Ask students to
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978-1285427003 Chapter 33 Lecture Note Part 2
Trademarks A trademark is any combination of words and symbols that a business uses to identify its products or services and distinguish them from others. Types of Marks There are four types of legally-protected marks: Trademarks are affixed to goods in interstate commerce, e.g. Coca-Cola, Nike. Service marks are used to identify services, e.g. Burger
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978-1285427003 Chapter 34 Lecture Note Part 2
Landlord's Duties Duty to Deliver Possession The landlords first important duty is to deliver possession of the premises at the beginning of the tenancy. Quiet Enjoyment All tenants are entitled to quiet enjoyment of the premises, meaning the right to use the property without the interference of the landlord. Courts can also find activities of
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978-1285427003 Chapter 34 Lecture Note Part 3
Additional Case: Mitchell v. Bank of America National Association1 Facts: Donna and Timothy Mitchell rented a safe deposit box from a Dallas branch of the Bank of America. The lease agreement stated that the bank had no possession or custody of, nor control over, the contents of the Box, and the
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978-1285427003 Chapter 4 Lecture Note Part 1
Suggested Additional Assignments Evolution of the Common Law Ask students to summarize the common law principles of the bystander cases in the text and then create their own bystander examples. First, students should write a two- or three-sentence summary of the law given in each of these cases: Union Pacific Railway Co. v. Cappier,
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978-1285427003 Chapter 4 Lecture Note Part 2
Additional Case: Leonard R. Friedman v. Board of Registration in Medicine1 Facts: The patient first saw Friedman, a board-certified forensic psychiatrist, at his office in 1980. She continued to visit him at least monthly until the summer of 1982. During a board hearing, the board found that during one or
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978-1285427003 Chapter 5 Lecture Note Part 1
Suggested Additional Assignments Interview: Civil Rights Students should interview three people to determine their views about two issues: flag burning and boy-girl wrestling. One person should be over 50 years old, one person should have been born and raised in a foreign country, and one person should be a member of a different political
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978-1285427003 Chapter 5 Lecture Note Part 2
Case: Salib v. City of Mesa1 Facts: Edward Salib owned a Winchells Donut House in Mesa, Arizona. Salib displayed large signs in his store window. The city ordered Salib to remove the signs as they violated the Sign Code, which prohibited covering more than 30% of stores windows with signs. Salib
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978-1285427003 Chapter 6 Lecture Note Part 1
Suggested Additional Assignments Research: Criticism by the Press Ask students to find a newspaper article, editorial, or column that harshly criticizes someone. Has the author or publisher made efforts to avoid a claim of libel? How? Research: Online Defamation Ask students to find an online posting either on a social networking site or celebrity gossip
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978-1285427003 Chapter 6 Lecture Note Part 2
Breach of Duty If a legal duty of care exists, then a plaintiff must show that the defendant did not meet it. Normally, the plaintiff proves this by showing that the defendant did not act as a reasonable person would have under the circumstances. When a legislature sets a minimum standard of care for
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978-1285427003 Chapter 7 Lecture Note Part 1
Suggested Additional Assignments Research: Corporate Crime Students should find a newspaper or magazine article involving crime committed by a business or corporate executive. What are the economic costs of the (alleged) crime? What penalties can the State impose for the crimes? Are the penalties too harsh or too weak when compared to penalties for
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978-1285427003 Chapter 7 Lecture Note Part 2
Crimes That Harm Business Businesses must deal with four major crimes: larceny, fraud, arson and embezzlement. Larceny is the trespassory taking of personal property with the intent to steal. Fraud refers to a variety of crimes, all of which involve the deception of another person for the purpose of obtaining money or
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978-1285427003 Chapter 8 Lecture Note Part 1
Suggested Additional Assignments Interview: An Importer Students should locate a local businessperson who imports goods or sells imported goods. Why does she choose to deal in imported goods? What advantages do the goods give her over domestic goods? What problems has she encountered? What advice would she have for an entrepreneur who plans to
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978-1285427003 Chapter 8 Lecture Note Part 2
International Sales Agreements What Law Governs? Students should note the differences in their treatment of contracts for the sale of goods between the Uniform Commercial Code (UCC) and the United Nations Convention on Contracts for International Sale of Goods (CISG). The CISG applies automatically to any contract for the sale of goods between two parties
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978-1285427003 Chapter 9 Lecture Note Part 1
Suggested Additional Assignments Research: The Contracts Around Us Students should locate and read one or more of the contracts they have entered into in the past yearan apartment lease, a university-housing residency agreement, a mobile phone service agreement, terms of use for a fee-based website, or a retail sales agreement for a personal computer.
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978-1285427003 Chapter 9 Lecture Note Part 2
Additional Case: Novak v. Credit Bureau Collection Service 1 Facts: David Novak suffered a brain aneurysm and was unconscious. An ambulance took him to Saint Regional Medical Center, where doctors successfully operated. Novak remained in the hospital for two months and then was discharged. Novak did not pay the Medical Centers bill,
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BLAW 17671
Alice signs a contract with Bob to buy Bob's house for $150,000, with the clause, "if I am able to obtain a mortgage loan for $125,000, at no more than 7% interest, payable over 15 years." Assume that Alice tries but is unable to obtain the described loan, and therefore
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BLAW 18893
Ruppart Manufacturing has a contract for the sale of 100 cases of teaching supplies to Teachers Co-op, Inc. Payment of the order is to be made in installments over the next year. Ruppart Manufacturing keeps a security interest in the cases sold to assure payment by Teachers Co-op, Inc. When
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BLAW 20888
Mercury Motors inadvertently mixes up a work order on Peter's car. Peter brought the car in to have the tires rotated. Mercury tuned up the motor by mistake, conferring a benefit on Peter. If Mercury Motors insists that Peter pay for the price of the tune-up, Mercury Motors: a. can recover
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BLAW 21554
Parol evidence refers to anything (other than the written contract itself) that was said, done, or written before or as the parties signed the contract. a. True b. False Answer: True Answer: True Answer: True Cameron, editor of the local newspaper, assigned to Jim the writing of a story about pollution of a nearby stream. Although
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BLAW 30966
Burns Medicine Shop developed a website where customers could ask the pharmacists questions and could refill prescriptions online. What statute requires Burns to have and disclose a privacy policy to anyone using the website? a. The FTC Act. b. The Electronic Communications Privacy Act. c. The Gramm-Leach-Bliley Privacy Act. d. No statutes presently require
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BLAW 31233
Ramona has received a discharge in bankruptcy, but wants to reaffirm a debt to her sister. To be valid, the reaffirmation: a. will be scrutinized by the court to make sure her sister has not unfairly pressured Ramona. b. will be automatically disallowed because allowing Ramona to promise to pay a discharged
Cengage Advantage Books: Essentials of Business Law 5th Edition
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BLAW 49494
An appeals court can rule that a trial court's ultimate ruling was correct even if the trial court made some minor errors during the trial. a. True b. False Answer: True Answer: True Answer: True Larry purchased a Leisure Lawnmower because the company salesperson intentionally misled him by assuring him that the mower was self-propelled, had
Cengage Advantage Books: Essentials of Business Law 5th Edition
436708
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BLAW 54428
Buddy was hired to play drums for a rock group scheduled to tour the Midwest. Part way through the tour, Buddy was tragically killed in a plane crash. The tour had to be discontinued until a new drummer could be found. The band lost money on the tour. Is Buddy's
Cengage Advantage Books: Essentials of Business Law 5th Edition
436750
Exam Prep
BLAW 59434
The "takings clause" prevents the government from taking private property for any reason. a. True b. False Answer: False Answer: False Answer: False Henry David Thoreau felt that war was unjust and therefore refused to pay his taxes when the United States declared war on Mexico. If Henry David Thoreau's neighbor agreed that war was unjust
Cengage Advantage Books: Essentials of Business Law 5th Edition
436712
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BLAW 61687
The largest source of new law is court decisions. a. True b. False Answer: False Answer: False Answer: False Tom receives an e-mail from someone alleging to be a Nigerian government official who has stolen money from the government. He needs some place safe to keep the money for a short time. The official promises that,
Cengage Advantage Books: Essentials of Business Law 5th Edition
436730
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BLAW 62415
Obscene speech is protected by the First Amendment. a. True b. False Answer: False Answer: False Answer: False Robert, a minor, buys a stereo from Jane for $200. State law allows a minor to disaffirm contracts within a reasonable time after turning 18. Robert disaffirms the contract the day after turning 18 and returns the stereo. a. This
Cengage Advantage Books: Essentials of Business Law 5th Edition
436723
Exam Prep
BLAW 65605
Tony raped Jane in the parking lot of Joe's Brew Pub. The District Attorney's office prosecuted Tony on rape charges. Subsequently, Jane filed a lawsuit against Tony for money damages. Classify each legal action. a. The District Attorney's case was a criminal case; Jane's lawsuit was a civil case. b. The District
Cengage Advantage Books: Essentials of Business Law 5th Edition
436732
Exam Prep
BLAW 67103
A rule that is not automatically discriminatory, but which may be discriminatory in practice because it excludes too many people in a protected group is considered a. disparate treatment. b. prima facie discrimination. c. unbalanced treatment. d. disparate impact. Answer: d Answer: d Answer: d Southern Bar-B-Q owns a special, secret recipe for sauce which it guards because
Cengage Advantage Books: Essentials of Business Law 5th Edition
436745
Exam Prep
BLAW 74298
Rayco Ski Shop purchased 500 pairs of skis from Skitron. Rayco is located in Colorado. Skitron's business is in Tennessee. The purchase order included the following term: "F.O.B. Colorado." The contract makes no mention of risk of loss or title. The contract can be described as a: a. shipment contract. b. destination contract. c.
Cengage Advantage Books: Essentials of Business Law 5th Edition
436729
Exam Prep
BLAW 78087
Shelly offers to sell Jane goods both parties know are stolen. Jane accepts the offer, and agrees to pay for the goods. Later, Jane refuses to accept or pay for the goods. If Shelly sues Jane for breach of contract, what is the probable result? a. The law would enforce this
Cengage Advantage Books: Essentials of Business Law 5th Edition
436721
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BLAW 93416
Drawers and indorsers are secondarily liable on negotiable instruments. a. True b. False Answer: True Answer: True Answer: True Walter enters a dentist office and points to a damaged tooth. The dentist, Matt, treats the tooth. If Walter refused to pay and Matt sued: a. Walter would win as there was no contract. b. Walter would win because of
Cengage Advantage Books: Essentials of Business Law 5th Edition
436740
Exam Prep
BUS LAW 12002
Under the UCC, the seller's right to correct a shipment of non-conforming goods is called: a. correction. b. cure. c. cover. d. retender. Answer: b Answer: b Answer: b Tess, a tenant, moves from her apartment in breach of the lease agreement. The landlord, Lenny, may not attempt to rent the apartment until the date of the lease
Cengage Advantage Books: Essentials of Business Law 5th Edition
436736
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BUS LAW 38156
Bagsby owns a business selling insects for organic gardening. Bagsby is seeking a loan from First Natural Bank. The loan officer is asking that the loan be secured by Bagsby's inventory of insects, now owned or hereafter acquired. In order to do this, a new security agreement will need to be
Cengage Advantage Books: Essentials of Business Law 5th Edition
436715
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BUS LAW 39418
Which statute prohibits discrimination on the basis of disability by the federal government, federal contractors, and all entities that receive federal funds? a. The Civil Rights Act of 1866 b. The Equal Pay Act of 1963 c. The Rehabilitation Act of 1973 d. The Family and Medical Leave Act of 1993 Answer: c Answer: c Answer: c Which
Cengage Advantage Books: Essentials of Business Law 5th Edition
436741
Exam Prep
BUS LAW 66528
Gateway sold a big-screen TV and entertainment center to Iris for $2000 on credit. Iris signed a promissory note and gave Gateway a security interest in the TV and entertainment center. Gateway filed a financing statement in the appropriate public office. When Iris defaulted on her monthly payments owing a
Cengage Advantage Books: Essentials of Business Law 5th Edition
436714
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BUS LAW 74975
Bill is injured while standing on the corner of Hollyhock and Vine when Mia's new Hog speeds out of control because of a defective part. In most jurisdictions, Bill: a. can sue the motorcycle manufacturer even though he does not have privity. b. cannot sue the motorcycle manufacturer because his injuries are personal
Cengage Advantage Books: Essentials of Business Law 5th Edition
436726
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BUS LAW 77433
In January, Alex promised to pay Y-K Inc. $5,000 if it would refrain from filing suit against him on a breach of contract action. Y-K agreed and accepted a $5,000 check from Alex. Which of the following statements is correct? a. Y-K's promise to refrain from suing Alex was not supported
Cengage Advantage Books: Essentials of Business Law 5th Edition
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BUS LAW 86564
Imogene takes her diamond solitaire ring to Sparkle Jewelry Shop to have the prongs holding the diamond retipped and have the ring cleaned. The clerk at Sparkle says she will have to leave the ring and that it should be ready in about a week. When Imogene returns in a
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Business Law 10744
A summons is a paper ordering a defendant to appear in court at a certain time. a. True b. False Answer: True Answer: True Answer: True The term "corporate manager" refers to: a. directors. b. corporate officers. c. Both of the above. d. None of the above. Answer: c Answer: c Answer: c Congress passed the federal OSHA establishing job safety standards. Illinois passed
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Business Law 10888
The power of federal agencies is limited by: a. statutory control in the enabling legislation and the Administrative Procedures Act. b. political control by Congress and the President. c. judicial review. d. All of these. Answer: d Answer: d Answer: d Which of the following is an example of an exculpatory clause? a. Creditor charges 38% interest on a
Cengage Advantage Books: Essentials of Business Law 5th Edition
436717
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Business Law 14875
In a strict liability case, the courts still consider if the defendant acted in a reasonable and prudent manner. a. True b. False Answer: False Answer: False Answer: False An agent must obey all instructions of the principal. a. True b. False Answer: False Answer: False Answer: False Larry has the largest pizza business in the city. He learns that Henry is
Cengage Advantage Books: Essentials of Business Law 5th Edition
436728
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Business Law 19059
A trademark lasts for: a. 20 years after the application is filed. b. 70 years after the death of the creator. c. 10 years, but it can be renewed for an unlimited number of terms as long as it is used. d. as long as it is kept confidential. Answer: c Answer: c Answer: c A jury decision
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Business Law 23749
Mayco has received goods from Wallace pursuant to a sale or return agreement. If Mayco subsequently declares bankruptcy, the goods will be: a. returned to Wallace because title did not pass to Mayco under this type of sale. b. belong to Mayco and will not be a part of the bankruptcy. c. subject
Cengage Advantage Books: Essentials of Business Law 5th Edition
436749
Exam Prep
Business Law 28493
Christy and Sylvester trade movies by downloading each others movie files. If the copyrighted material has a retail value greater than $1,000, Christy and Sylvester are subject to criminal penalties under the No Electronic Theft Act, even if they had no profit motive in reproducing the movies. a. True b. False Answer: True Answer:
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Business Law 50517
The most accurate statement regarding appellate courts is: a. appellate courts often hear new evidence and testimony. b. appellate courts generally accept the factual findings of the trial court. c. only the federal court system has appellate courts. d. appellate courts hear only criminal cases. Answer: b Answer: b Answer: b In a shipment contract, title and risk
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Business Law 57782
An S Corporation cannot have more than ____ shareholders. a. 100 b. 75 c. 50 d. 25 Answer: a Answer: a Answer: a Wholesome Bread, Inc. advertised that its honey wheat bread had 25% fewer calories than a competing brand, Valley Grains. In fact Wholesome's bread had the same amount of calories as Valley Grains' bread. Wholesome Bread's conduct: a.
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Business Law 60331
Under the federal Bankruptcy Code, the exemption amount for the debtor's personal residence is: a. $21,625. b. $37,100. c. $50,725 d. $80,300. Answer: a Answer: a Answer: a Ryan, a minor, contracted to sell his auto to Ed, a 28-year-old. Ryan later refused to complete the sale. If Ed sues to enforce the contract, Ed will: a. win because
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Business Law 65404
Judith is a CPA with an excellent reputation and client base. She sells her tax preparation business to Shawn, and the sales contract includes a noncompete clause restricting Judith from opening a similar business for two years within a 10-mile radius of her former office. If she opens a tax
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Exam Prep
Business Law 79384
Mark, a power tool salesman, promises Jill, a customer, that the Turbo Power Hedge Trimmer 1000 will easily cut through bamboo up to 3 inches thick. Mark's statement constitutes an express warranty if Jill purchases the hedge trimmer. a. True b. False Answer: True Answer: True Answer: True A director violates the corporate opportunity doctrine if
Cengage Advantage Books: Essentials of Business Law 5th Edition
436724
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Business Law 90621
Roxanne was injured when she fell in a hole while walking across her landlord's parking lot. She and her lawyer hope they can settle the claim. Which of the following statements about settlements is correct? a. A case can be settled provided it has not been filed with the court. b. A
Cengage Advantage Books: Essentials of Business Law 5th Edition
436739
Exam Prep
Business Law 97149
All states allow the remedy of rescinding a contract for the sale of goods while still allowing the remedy of suing for damages. a. True b. False Answer: True Answer: True Answer: True After Ashley was denied credit for a new car, she checked her credit report with Equifax. The report showed that several credit cards
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Business Law Chapter 1 In 1994, The Arizona Supreme Court Decided The Case Of Hernandez
Name: Class: Date: Ch 01 Introduction to Law Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Congress passed a law imposing penalties
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Business Law Chapter 10 Generally The Auctioneer Must Sell The Highest
Name: Class: Date: Ch 10 Agreement Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. When Olga asks Sven if he wishes to
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Business Law Chapter 11 Kathy And Promised Her 10000 She Postponed
Name: Class: Date: Ch 11 Consideration Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Courts enforce all promises in the interests
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Business Law Chapter 12 Xenon Loads Extensive Amounts Information The System But
Name: Class: Date: Ch 12 Legality Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. An agreement may violate public policy even if
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Business Law Chapter 13 Which The Following Statements Made Seller Who
Name: Class: Date: Ch 13 Capacity and Consent Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Spencer, age 18 and of sound
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Business Law Chapter 14 Petes For The Three Machines Ethels Exercise
Name: Class: Date: Ch 14 Written Contracts Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Hannah orally agrees to sell her house
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Business Law Chapter 15 Name Class Date Third Parties Assignment Effective But Not
Name: Class: Date: Ch 15 Third Parties Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. An assignment is effective but not necessarily
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Business Law Chapter 16 Seattle Watch The New Years Eve Festivities
Name: Class: Date: Ch 16 Performance and Discharge Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Alice signs a contract with Bob
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Business Law Chapter 17 The Amount Liquidated Damages Must Reasonable Estimation
Name: Class: Date: Ch 17 Remedies Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Injunctions are frequently used by courts to force
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Business Law Chapter 18 Jets Private Jet But This Was Not
Name: Class: Date: Ch 18 Practical Contracts Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. If you have an established relationship with
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Business Law Chapter 19 Bettys Bbq Orally Contracts With Dennys Design
Name: Class: Date: Ch 19 Introduction to Sales Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. The UCC has abolished the common
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Business Law Chapter 2 Legally They Are Not Independent Contractors Since
Name: Class: Date: Ch 02 Business Ethics and Social Responsibility Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Ethics is the study
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Business Law Chapter 20 Neither Ruppart Nor Teachers Has An Insurable Interest
Name: Class: Date: Ch 20 Ownership, Risk, and Warranties Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Only one party can have
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Business Law Chapter 21 Which The Following Statements Not True Regarding
Name: Class: Date: Ch 21 Performance and Remedies Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. A buyer has an absolute right
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Business Law Chapter 22 Francenie Is The Drawee, Corner Bank Is The Drawer,
Name: Class: Date: Ch 22 Negotiable Instruments Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Commercial paper is a contract to pay
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Business Law Chapter 23 Since The Machine Equipment Wedney Cannot Retain
Name: Class: Date: Ch 23 Secured Transactions Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Pharm-Ace holds a patent on a drug.
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Business Law Chapter 24 Which Of The Following Is A Primary Goal Of Bankruptcy
Name: Class: Date: Ch 24 Bankruptcy Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Under all chapters of the Bankruptcy Code, most
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Business Law Chapter 25 Since Jim Gratuitous Agent Strictly Liable For
Name: Class: Date: Ch 25 Agency Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Larry decided to relocate to Germany. Larry hired
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Business Law Chapter 26 Kelly Upset With Her Supervisor And Believes
Name: Class: Date: Ch 26 Employment and Labor Law Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. During the hiring interview, Supervisor
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Business Law Chapter 27 1 Which The Following Not Advantage Plaintiffs Alleging
Name: Class: Date: Ch 27 Employment Discrimination Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Under the Equal Pay Act of 1963
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Business Law Chapter 28 This Corporation Which Is Taxed Corporation Probably Corporation
Name: Class: Date: Ch 28 Starting a Business Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Corporations have perpetual existence. a.
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Business Law Chapter 29 Sec The Company Privately Held All The
Name: Class: Date: Ch 29 Corporations Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Zach decided to incorporate his business under the
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Business Law Chapter 3 He May File The Lawsuit In A Federal District Court In
Name: Class: Date: Ch 03 Dispute Resolution Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. If Lorenzo is seeking an injunction against
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Business Law Chapter 30 None The Above Answer A32 Such Agreement Isa
Name: Class: Date: Ch 30 Government Regulations: Securities and Antitrust Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. The Sherman Act was
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Business Law Chapter 31 George Money And They Sign Written Agreement
Name: Class: Date: Ch 31 Consumer Protection Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. The Consumer Trade Commission focuses mainly on
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Business Law Chapter 32 Which The Following Protects Email Messages From
Name: Class: Date: Ch 32 Cyberlaw Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. The Internet was started in the 1960s as
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Business Law Chapter 33 Jason And Stacey The Movie Theater
Name: Class: Date: Ch 33 Intellectual Property Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. A patent is available for an idea
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Business Law Chapter 34 Real And Personal Property Beth Has Not
Name: Class: Date: Ch 34 Real and Personal Property Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Landlord-tenant relationships are governed by
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Business Law Chapter 4 The President Has The Power To Remove The Chairperson Of The Consumer
Name: Class: Date: Ch 04 Common Law, Statutory Law, and Administrative Law Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. The doctrine
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Business Law Chapter 5 The Inalienable Rights Found At The Beginning Of The Constitution
Name: Class: Date: Ch 05 Constitutional Law Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. By creating three independent and equal
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Business Law Chapter 6  Jim Told His Manager, Lana, That A Co-worker, Diane, Had Been
Name: Class: Date: Ch 06 Torts and Product Liability Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Public officials and public figures
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Business Law Chapter 7 Jeff Was Moving The Pipe As Part Of His Work Responsibilities
Name: Class: Date: Ch 07 Crime Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. When measured in dollars, street crime costs society
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Business Law Chapter 8 The Contract Does Not Include A Choice Of Law Provision
Name: Class: Date: Ch 08 International Law Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. Multinational enterprises are companies doing business in
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Business Law Chapter 9 1 The Court Would Order Myrtle To Pay The Reasonable Value Of
Name: Class: Date: Ch 09 Introduction to Contracts Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 Cengage Learning Testing, Powered by Cognero Page 1 1. One purpose of contract law is
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Homework Help
Chapter 15 Schauer V Mandarin Gems Of California
Suggested Additional Assignments Drafting Exercise: Avoiding Third-Party Claims This hypothetical is based on a real suit between sports fans from the University of Wisconsin and the University of California at Los Angeles (UCLA). The students represent UCLA. This year's UCLA Bruins football team is on the verge of winning the PAC10 title, which will
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LGST 22919
When a negotiable instrument is transferred, the transferor warrants all EXCEPT: a. that the transferor is a holder in due course of the instrument. b. all signatures are authentic. c. as far as she knows the issuer is solvent. d. the instrument has not been altered. Answer: a Answer: a Answer: a To form an LLC, a charter
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LGST 34398
Which of the following statements is correct? a. Violent street crime results in a greater monetary loss to society than white-collar crime. b. White-collar crime results in a greater monetary loss to society than violent street crime. c. Studies are not able to calculate the estimated value of white-collar crime since most white-collar
Cengage Advantage Books: Essentials of Business Law 5th Edition
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LGST 36178
Unsolicited commercial e-mail (UCE) or unsolicited bulk e-mail (UBE) messages: a. are commonly known as "cookies." b. constitute about 90 percent of all e-mail. c. are estimated to be fraudulent either in content or packaging in approximately one-fourth of all cases. d. although annoying, do lower the cost of connecting to the Internet. Answer: b Answer:
Cengage Advantage Books: Essentials of Business Law 5th Edition
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LGST 37134
Taking a service without paying for it is a common type of larceny. a. True b. False Answer: False Answer: False Answer: False Jeff was a subcontractor, bidding on a contract for ACE Corp., the general contractor. When adding up the total of materials and labor, Jeff's secretary mistakenly moved the decimal point one place, ending
Cengage Advantage Books: Essentials of Business Law 5th Edition
436751
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LGST 59288
Pushy Pat, a persuasive salesman, talked Nice Nancy into purchasing something she didn't really need or want. Nice Nancy may rescind the contract because of undue influence. a. True b. False Answer: False Answer: False Answer: False The Australian government has opened a for-profit tourist information center in New York City. If a dispute arises over
Cengage Advantage Books: Essentials of Business Law 5th Edition
436738
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LGST 67411
If Lorenzo is seeking an injunction against Brenda to prevent her from selling materials that infringe his copyright, he is entitled to a jury trial if the value of the materials is over $100. a. True b. False Answer: False Answer: False Answer: False A defense to a civil action brought under Section 10(b) and Rule
Cengage Advantage Books: Essentials of Business Law 5th Edition
436735
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LGST 68797
Rich and Archie sign an agreement in which Archie agrees to deliver ten cases of champagne in 5 days. The parties negotiated and meant to say in the written agreement, delivery in 50 days. If the evidence is clear that the two parties intended to agree to 50 days, the
Cengage Advantage Books: Essentials of Business Law 5th Edition
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Exam Prep
LGST 69679
Travis had too many beers at the baseball game. Ed realized Travis was so intoxicated he wouldnt know what he was doing, so he got Travis to sign a promise to sell his motorcycle to Ed for $50. When Travis gets sober, he may void the contract. a. True b. False Answer: True Answer:
Cengage Advantage Books: Essentials of Business Law 5th Edition

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