Business Law 32101

subject Type Homework Help
subject Pages 5
subject Words 457
subject Authors David P. Twomey, Marianne M. Jennings

Unlock document.

This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
page-pf1
Funds from the Superfund are used to pay the cost of eliminating or containing
condemned waste sites.
Generally, the prevailing party in a lawsuit will be awarded the costs of the action,
including witness fees and jury fees.
A buyer may stop payment on a certified check issued to a seller if the goods are
defective when received.
Descriptive terms such as locations and colors are never subject to trademark
protections.
page-pf2
Several layers of law are enacted at different levels of government to provide the
framework for business and personal rights and duties. At the base of this framework of
laws is constitutional law.
A corporation is considered a person for purposes of the due process clause of the
United States Constitution.
A bona fide purchaser of stock is shielded from the claim that the transfer was made in
violation of a transfer restriction that was unknown to the purchaser and that was not
noted conspicuously on the certificate.
page-pf3
Partnership agreements allow individuals to conduct their business without the
requirement of a formal organizational structure.
The sale of corporate assets outside the regular course of a corporation's business is an
example of an extraordinary matter.
A client may recover tort damages from an accountant for fraud and gross negligence,
but not for ordinary negligence.
All current rights against governmental intrusion are expressly stated in the
Constitution.
page-pf4
An incidental beneficiary is the same thing as a third-party beneficiary.
If the negligence of the franchisee causes harm to a third person, the franchisor is not
liable because the franchisee is an independent contractor.
The right of privacy does not apply to intrusions into our privacy by means of new
technology.
page-pf5
A sublease and an assignment of a lease accomplish the same results.
Insurance is a contract by which one party for a stipulated consideration promises to
pay another party a sum of money on the destruction of, loss of, or injury to something
in which the other party has an interest, or to indemnify that party for any loss or
liability to which that party is subjected.

Trusted by Thousands of
Students

Here are what students say about us.

Copyright ©2022 All rights reserved. | CoursePaper is not sponsored or endorsed by any college or university.