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To recruit employees from other countries, an employer must first complete a
verification process.
An independent contractor's physical conduct is controlled, or subject to control, by his
or her employer.
A short-form merger is the legal combination of two or more corporations online.
A promise is an assertion that something will or will not happen in the future.
Any lawful contract can form the potential basis for an action based on wrongful in-
terference with a contractual relationship.
If a surety pays the debt owed to a creditor, then the surety acquires any rights that the
creditor had against the debtor.
All collateral promises must be in writing to be enforceable.
A public policy underlying the imposition of strict product liability is that consumers
should be protected against unsafe products.
Normally, if the numerical amount and the written amount on a check differ, the words
outweigh the figures.
Violations of the Securities Exchange Act of 1934 may be subject to criminal
prosecution.
Olaf, an executive with Pharma Product Distribution, Inc., has to decide whether to
market a product that might have undesirable side effects for a small percentage of
users. How should Olaf decide whether to sell the product? How does the standard of
ethics that is applied affect this answer?
Business ethics focuses on ethical behavior in the business world.
A contract that involves mechanical fitness is a contract in which performance must
personally satisfy the party to whom performance is owed.
Generally, a cash deposit is not available for withdrawal until the next business day.
Securities that are exempt from the registration requirement can generally be sold and
resold without being registered.
A corporation can recapture any profits realized by an insider on any purchase or sale of
the firm's stock within any twelve-month period.
A contract cannot be void if its purpose is legal.
A receipt issued by a warehouser for goods stored in a warehouse is a bill of lading.
