LWB 544 Midterm

subject Type Homework Help
subject Pages 3
subject Words 404
subject Authors Arnold J. Goldman, William D. Sigismond

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A written contract needs at least one witness to establish its existence and its terms.
What is identity theft? What can individuals do to make this crime more difficult for
criminals?
An "X" or a thumb print qualifies as a signature on a negotiable instrument.
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Criminal law includes rules that protect society.
A bank is absolutely liable to the drawer-depositor for paying any checks that have been
materially altered.
Parker was the sole proprietor of a toy store. The business had assets of $20,000 and
debts of $40,000. What rights do the creditors of the store have?
Marino and Cousins were partners in an auto rental agency. They leased from Shear a
vacant lot on which to store their automobiles. As rent, they gave Shear 15 percent of
their monthly profits. Is Shear a partner?

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