BUS LAW 27140

subject Type Homework Help
subject Pages 6
subject Words 880
subject Authors Frank B. Cross, Roger LeRoy Miller

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In a sole proprietorship, the proprietor shares the burden of any losses or liabilities
incurred by the business enterprise with the government.
Modern statutes permit the holder of an artisans lien to foreclose and sell the property
subject to the lien to satisfy the debt.
The Civil Rights Act of 1964 does not protect against reverse discrimination.
A pro rata clause in a fire insurance policy requires that any loss be shared
proportionately by all insurers covering the same risk.
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Certain employees are exempt from federal overtime provisions.
Biff went to Carrabas Market to pick up a few items for dinner. It was a rainy, windy
day, and the wind had blown water through the entrance to Carrabas each time the door
opened. As Biff entered, he slipped and fell in the rainwater that had accumulated on
the floor. Dorothea, the manager, knew of the weather conditions but had not posted any
sign to warn customers of the water hazard. Biff injured his back as a result of the fall
and sued Carrabas for damages, alleging negligence. Is Carrabas liable? Why or why
not?
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A contract is discharged when its specific subject matter is destroyed.
An employer is charged with the knowledge of any dangerous condition discovered by
an employee and pertinent to the employment situation.
An assumption of risk defense does not require that a risk be voluntarily assumed.
A lender can make a higher-priced mortgage loan based on the value of the consumers
home without verifying the consumers ability to repay the loan.
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An easement may arise by implication.
The expenses associated with an appeal are minor.
A contract comes to an end when both parties fulfill their respective duties by
performing the acts they have promised.
The owners of a limited liability company enjoy limited liability.
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A trademark must be registered to support a trademark infringement action.
Elin contracts to buy six cases of vintage Fertile Valley wine from Grapes & Vines
Winery for $1,200. The contract states that delivery is to be made at Elins residence "on
or before May 1, to be used for daughter's wedding reception on May 2." On May 1,
Grapes & Viness delivery van is involved in an accident, and no wine is delivered that
day. On the morning of May 2, Elin buys the wine from Happy Hill Winery. That
afternoon, just before the reception, Grapes & Vines tenders delivery of the wine at
Elins residence. Elin refuses tender. Grapes & Vines sues Elin for breach of contract.
How is the court most likely to rule?
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A motion for a new trial will be granted only if the trial judge feels that it is appropriate
to grant a judgment for the other side.
A "take-along right allows a corporate investor to participate in any sale of the
corporate shares to a third party.

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