BUL 3310 EXAM PACKAGE DEAL 2024,2025

classification of law that creates, defines, and regulates parties' rights, duties, and powers - AnswerSubstantive Law classification of law that prescribes the steps, or processes, for enforcing the rights and duties defined by substantive law - Answer-Procedural Law applies to acts that societ...

Law - Answer-enforceable rules governing relationships among individuals and between individuals and their society Three types of Law - Answer-Legislative laws, judicial pronouncements, procedural law Legislative Law - Answer-laws, including federal and state constitutions, that have been passed ...

Substantive Law - defines and creates legal rights and obligations Procedural Law - rules of evidence and legal/court processes Common Law - Law that comes from court desicions Civil Law - Code of written laws that apply to all legal matters (louisana is only state which practices civil law) Hi...

In contributory fault states, if the plaintiff was responsible for 20 percent of his own injuries, he will still be able to collect the other 80 percent from the negligent defendant T/F - Answer-False A tort can be a wrongful act against a person, a person's property, or both. T/F - Answer-True...

A master can normally avoid liability for damages caused by a servant if he can show that the servant misunderstood his instructions T or F? - Answer-True In contracts negotiated by an agent who is acting within the scope of his authority for a disclosed principal, the agent, the principal, and ...

Partnerships typically buy life insurance policies on each partner in order to fund the required purchase of the partner's interest in the partnership when the partner dies T/F - Answer-True Subchapter S corporation will avoid double taxation if which of the following applies? A. All the shareh...

Tort law is a subset of private law that seeks to compensate the injured party for the loss caused by the actions of another. True False - Answer-True Res judicata is best defined as - Answer-A controversy that has been litigated and forever settled between the parties Today, scholars argue th...