LWB 490 Homework

subject Type Homework Help
subject Pages 2
subject Words 186
subject Authors Arnold J. Goldman, William D. Sigismond

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The Supreme Court case of Marbury v. Madison established the basis for the concept of
judicial review in our legal system.
In a sale of goods, if the seller breaches the contract by delivering nonconforming
goods, risk of loss remains with the seller until the seller ____________________ the
defect.
The board of directors of a corporation is responsible for its day-to-day operations.
A(n) ____________________ corporation, one organized to make money, is the usual
form of organization for manufacturing, financial, and service businesses.
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The ____________________ must pay any expenses connected with the return of
goods to the seller in a sale or return.
While minors can generally disaffirm most contracts they make, they are generally
liable for their ____________________.
If, before maturity of a debt, the creditor accepts a lesser sum offered in full payment,
the entire debt will be ____________________.

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