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Exam (elaborations)

Bus 200 Final Exam Questions With Correct Answers

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BUS 200 FINAL EXAM QUESTIONS WITH CORRECT ANSWERS

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delta offers a legally justifiable reason for his or her conducts
delta did the conduct but has legally justifiable excuse or reason
ex: mistake of fact, insanity, intoxication involuntarily, infancy, consent, self defense,
castle doctrine--> defend our home, stand your ground laws, meet force w/ like force


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defense




Defamation- slander (said); libel (written)
-Falsehood published to a 3rd party


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, Midler (singer) v. Ford Motor




laws of a particular country


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national law




the methods of enforcing the rights established by substantive law ("how to")


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procedural law




companies need to train employees annually


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ethics




extensions of the individual partners (2+)
-unlimited personal liability
a partner's share of income or loss is passed thru to personal tax return


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, partnership




friend of the court


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amicus brief




separate legal "being"/existence
shareholders have limited liability
-separate tax code and rates


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corporation




hired by another to perform a task
the person hiring the IC does not control how the task get accomplished


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independent contractor (IC)




ex: Shoe Store A&B holds signs


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, predatory competitive practice




one nation will defer to the laws and decisions of another country as long as those
laws and decisions are consistent w/ those of the accommodating nation


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principle of comity




auditing committee
auditors report directly to audit committee
independent directors- not on payroll


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Board of Directors




President
-executive orders
-negotiating treaties (w/ advise of content of state)
-Lobbies for legislation he wants (solicits)
-appoints administrative agency heads


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executive

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