| Read 'Chapter 1: Introduction To Law' & answer the following question(s): |
| 1. | __________________ is not one of basic concepts of law |
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| 2. | Federal court systems do not include |
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| 3. | Beth, an employee of City Bank, is charged with embezzlement, which requires |
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| 4. | A breach of societal duty is known as |
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| 5. | Elements necessary for a recovery of damages based on deceit include all except |
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| 6. | Delta Services (DS) is an Internet service provider. On a DS online bulletin board, Ben, a DS customer, posts a defamatory remark about Beta Company. Beta could successfully file a suit against |
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| 7. | Contracts may not be |
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| 8. | Offers may be terminated in all except |
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| 9. | Kay and Lucy enter into a contract that falls within the provisions of the UETA. Under the UETA, “an electronic sound, symbol, or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record” is |
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| 10. | On September 27, Summers sent Fox a letter offering to sell Fox a vacation home for $150,000. On October 2, Fox replied by mail agreeing to buy the home for $145,000. Summers did not reply to Fox. Do Fox and Summers have a binding contract? |
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| 11. | If an acceptance by mail was authorized, it becomes effective when it is deposited in the mail. T F |
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| 12. | Fraud is a(n) ______________ misrepresentation of a material fact made with the intent to induce another to rely on it. |
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| 13. | Reality of consent does not cover |
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| 14. | For a promise to be enforceable by court action it must be |
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| 15. | Capacity is the ability |
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| 16. | Situations that produce illegal contracts include all of the following except |
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| 17. | Illegal contracts are generally void. T F |
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| 18. | In collateral contracts the party’s performance is required only |
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| 19. | Assignor’s liability to assignee implies warranties are all except |
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| 20. | Performance of a contract becomes impossible in all except |
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| 21. | Types of damages do not include |
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| 22. | The relinquishing of rights under a contract is known as a “waiver”. T F |
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| 23. | Forming an agency relationship requires that |
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| 24. | Major classifications of agency do not include |
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| 25. | A minor may not appoint and act through an agent. TF |
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| 26. | The agent is under a duty not to |
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| 27. | Generally, an agency relationship is terminated by operation of law in all of the following situations except the |
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| 28. | Which one of the following is not a characteristic of partnerships |
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| 29. | A partner may not sue another partner or the partnership. T F |
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| 30. | Corporations may not include |
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| 31. | The corporation has a legal existence separate from that of its owners. T F |
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| 32. | Under the Model Act a corporation must have |
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| 33. | A corporation may be held guilty of committing crimes. T F |
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| 34. | “Blue sky” laws seek to protect investors from |
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| 35. | _______________ is not one of the factors that determine shareholder’s voting rights. |
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| 36. | The officers of the corporation are entitled to vote all un-issued stock. T F |
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| 37. | Which of the following does not acquire ownership of personal property? |
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| 38. | A house built on a plot of land is considered a fixture. T F |
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| 39. | Co-ownership of real property doe not includes |
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| 40. | Formation applies only to contracts for: |
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| 41. | Normally, buyers of stolen goods get good title to them as they buy them in good faith and give value for them. T F |
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| 42. | Liability for negligence does not include: |
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| 43. | Unless the parties agree otherwise, the buyer has the right to inspect the goods before accepting or paying for them. T F |
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| 44. | The statute of limitations on the sale of goods under the U.C.C. is limited to |
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| 45. | To be negotiable an instrument must be all except |
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| 46. | Types of endorsements do not include |
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| 47. | A person cannot be held liable on a negotiable instrument unless his/her |
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| 48. | Security interests in real property do not include |
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| 49. | Bankruptcy may be |
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| 50. | Law seeks to protect economic relations from unreasonable interference through federal and state statutes and common law against all except |
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| 51. | Antitrust laws do not include |
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| 52. | The Clayton Act specifically prohibits |
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| 53. | The F.T.C. enforces antitrust laws by |
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| 54. | The Sherman Act specifically prohibits |
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| 55. | The purposes of employment law include all except |
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| 56. | FICA contributions are used to pay for a fund maintained under the Americans with Disabilities Act. T F |
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| 57. | The primary purpose for enacting workers' compensation statutes was to |
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| 58. | Workers' compensation laws provide for all of the following benefits except |
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| 59. | Which of the following statements is correct regarding the scope and provisions of the Occupational Safety and Health Act (OSHA)? |
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| 60. | Under Title VII of the Civil Rights Act of 1964, a covered entity is prohibited from engaging in employment discrimination on the basis of race, color, religion, national origin, or sex. The practices subject to the act include |
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| Read 'Chapter 2: Crimes And Torts' & answer the following question(s): |
| Read 'Chapter 3: Contracts And Offer' & answer the following question(s): |
| Read 'Chapter 4: Consideration' & answer the following question(s): |
| Read 'Chapter 5: Performance And Remedies' & answer the following question(s): |
| Read 'Chapter 6: Agency' & answer the following question(s): |
| Read 'Chapter 7: Partnerships' & answer the following question(s): |
| Read 'Chapter 8: Incorporation' & answer the following question(s): |
| Read 'Chapter 9: Real Property' & answer the following question(s): |
| Read 'Chapter 10: Product Liability' & answer the following question(s): |
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