LWB 424 Midterm 1

subject Type Homework Help
subject Pages 2
subject Words 157
subject Authors David P. Twomey, Marianne M. Jennings

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As an owner of the corporation, a shareholder always has the right to inspect the books
of the corporation for any purpose, regardless of whether the inspection is related to the
shareholder's interest as a shareholder.
Commercial paper facilitates the transfer of funds and payment.
A common barrier to the free movement of goods across borders is the tariff barrier.
If the principal is not disclosed, the agent is necessarily the other contracting party and
is bound by the contract.
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An employee is hired to work under the control of the employer and the
employer-employee relationship requires the consent of both parties.
Appropriation involves taking an image, likeness, or name for purposes of commercial
advantage.

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