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Exam (elaborations)

Bus-115 Business Law Final Review Questions With Answers

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BUS-115 BUSINESS LAW FINAL REVIEW QUESTIONS WITH ANSWERS

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The individual to whom a W-2 tax form is provided is:


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the employee




At the federal level, the three types of courts are _____, _____, and _____.

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district, appellate, Supreme




The Americans with Disabilities Act defines disability as a(n) ________ that substantially
limits one or more of the major activities of life.


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impairment




The doctrine of ________ means an employee may choose to terminate his or her
employment at any time he or she wishes and an employer may terminate an
employee's employment at any time for a good reason, a bad reason, or no reason at
all.


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employment at will




If an agent commits any torts or crimes acting within the scope of his or her ________,
then both the principal and agent may be held liable.


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authority

,Any agreements to sell an interest in real property must be:


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in writing unless there has been partial performance.




A legal doctrine known as "respondeat superior" is a Latin term meaning:


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"let the master answer."




The warranty that goods sold by a merchant seller must be fit to be sold or resold is
an example of an implied warranty of:


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merchantability




Anyone who buys an article from someone who has found it must be prepared to
surrender the article to the:


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true owner

, A(n) ________ is the document in which the terms of an agreement between a landlord
and tenant are expressed.


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lease




A mere expression of a salesperson's opinion is called ________.


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puffing




An agreement made with an intention to defraud creditors or other persons is
referred to as a(n):


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agreement against public policy.




Anyone in possession of goods can create a bailment relationship and become a
______.


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