Business Law 57213

subject Type Homework Help
subject Pages 6
subject Words 678
subject Authors Roger LeRoy Miller

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Life tenants are persons who share ownership rights simultaneously.
A copyright owner must place a © or an ® on the work to have the work protected from
copyright infringement.
There are three categories of property.
A partnership ends if one partner dissociates from the firm.
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The federal government and the states have the same constitution.
If no children or grandchildren survive a decedent who dies without a will, a surviving
spouse is entitled to the entire estate.
A course of performance is the conduct that occurs under the terms of a particular
agreement.
A collateral promise is one made by a third party to assume the debts or obligation of a
primary party to a contract if the primary party does not perform.
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Under their police powers, states can regulate only public activities, such as political
demonstrations.
An employer may defend against a claim of unintentional discrimination by asserting
that a practice that has a discriminatory effect is a business necessity.
Browse-wrap terms require a user to affirmatively indicate his or her consent.
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An oral stop payment order is valid for fourteen days.
Land includes the artificial structures attached to it.
Cutter Company makes and sells table saws, which are designed to be safe if used
properly. Erin buys a Cutter saw and lends it to her neighbor Frank. To reach a toolbox
on a high shelf in his garage, Frank props the saw at an angle against a cabinet and
climbs onto the saw. Frank loses his footing, slips off the saw, falls on the blade, and is
injured. He files a product liability suit against Cutter, on the ground of negligence. On
what basis could the maker prevail?
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A floating lien cannot apply to the proceeds of a sale of after-acquired property.
The relationship between a principal and an independent contractor always involves an
agency relationship.
A transfer of contract duties to a third party is an assignment.
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Cumulative voting refers to the accumulation of proposals presented annually for a
shareholder' vote.
A small business owner is likely to face legal questions when determining ways to
reduce his small business's taxes.

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