BUS LAW 12306

subject Type Homework Help
subject Pages 5
subject Words 597
subject Authors Richard A. Mann

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A person may employ deadly force to protect his property.
"Discharge" has to do with the termination of contractual duties.
Under all LLC statutes, a unanimous vote of the members must be obtained to approve
a merger.
A financial institution is liable to its customer if an electronic terminal has insufficient
cash for a withdrawal of up to $100.
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As a general rule, most contract rights are assignable.
Explain the concept of marketable title.
Confiscation of property by a foreign government for nonpublic purposes without
adequate payment violates generally observed principles of international law.
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The board of directors of Z & X Corporation declared cash dividends of $5 per share. If
these dividends are not paid, a shareholder can bring suit to require payment.
Matt sells bikes at a local discount store. To encourage Bob to buy a more expensive
model than he originally contemplated, Matt tells Bob, "This is the most awesome bike
money can buy at this price. You can expect lots of riding pleasure." Based on this
statement Bob buys the bike. A week later, before his bike is fully paid for, Bob sees a
far superior bike for a lower price at another store. Bob can avoid his contract with Matt
because of fraudulent misrepresentation.
A social guest is a public invitee.
Today most crimes are covered by statutory law rather than by the common law,
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although many of the crimes in statutory form had their origins in the common law.
Matt and Ron would like to form a corporation. Discuss what is required in most states
to form a corporation.
Equitable remedies result in money awards to the plaintiff.
The standard of conduct to which a child must conform to avoid being negligent is that
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of a reasonably careful person of the same age, intelligence, and experience under the
circumstances..
A wholesale manufacturer gets a retail outlet for its goods through a merger. This is a
horizontal merger.

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