- Study guides, Class notes & Summaries

1) Which of the following is true with regard to ending a contract by performance, agreement, or breach? A) A contract can be ended by breach if there was a either a breach of condition or a breach of warranty. B) A person has legally tendered performance if he pays a $500 debt in 25-cent coins. C) If a person properly tenders performance of a service that is rejected by the other party, he is required to try again and again. D) A contract ends by agreement when the parties include in the...

-

6 pages

Written in 2025/2026

Grade A+

TestSolver9

an idea for a copyright doesn’t need to base of an original idea (can be new too) - Answer Agent's function? Commercial transactions such as contracts are usually carried out by whom? Who must always have a agent representing them? - Answer To act on behalf of principal Agents Corporations since it's a separate "fictional" entity Ways of granting agency relationship? 4 ways Explain how criteria for Ratification - Answer Express or implied co...

-

29 pages

Written in 2025/2026

Grade A+

TestSolver9

Contract - Answer a binding agreement between two or more persons that is enforceable by law Elements of a Valid Contract - Answer consensus, consideration, capacity, legality, intention Consensus - Answer both parties' mutual agreement to commit themselves to a certain transaction, "agreement" Invitation to Treat - Answer an expression of willingness to do business Consideration - Answer price each is willing to pay to participate in the contra...

-

3 pages

Written in 2025/2026

Grade A+

TestSolver9

types of property - Answer 1) real property 2) personal property what is real property - Answer land + anything permanently affixed what is personal property - Answer 1) personal tangible property 2) personal intangible property personal intangible property - Answer a) intangible rights (right to sue) b) intangible personal property (IP) right to sue - Answer part of personal intangible property tangible personal property - Answer 1) chatte...

-

2 pages

Written in 2025/2026

Grade A+

TestSolver9

Which of the following statements is true? a. Detinue occurs when someone attacks the reputation of another person's product or their business. b. Micky sees Ari's expensive Mont Blanc pen lying underneath a stack of files. when Ari leaves the office for lunch, Micky decides to take the pen for himself. Micky's conduct constitutes the tort of conversion. c. Causing damage to someone else's bicycle unintentionally constitutes trespass to a chattel. d. Product defamation i...

-

4 pages

Written in 2025/2026

Grade A+

TestSolver9

Which law brought Canada into being as a Dominion? The Constitution Act, 1867 A.The Constitution Act, 1982 The Constitution Act, 1999 The Charter of Rights and Freedoms - Answer The Constitution Act, 1867 The Magna Carta is no longer part of the Canadian Constitution - Answer False The parliament in Victoria has power to pass any law unless contrary to the Charter of Rights - Answer False The Court can declare that a Federal law is invalid as being contrary to th...

-

24 pages

Written in 2025/2026

Grade A+

TestSolver9

Chapter 2 - Answer Introduction to the Legal System Which law brought Canada into being as a Dominion? The Constitution Act, 1867 A.The Constitution Act, 1982 The Constitution Act, 1999 The Charter of Rights and Freedoms - Answer The Constitution Act, 1867 Which statement with regard to a hierarchy of law is incorrect? Judge-made law trumps statute law Constitutional law trumps statute law Statute law trumps equity Statute law trumps common law. - Answer Judge...

-

32 pages

Written in 2025/2026

Grade A+

TestSolver9

Law - Answer Law is the body of rules that can be enforced by the courts or government agencies Law is... - Answer Law is a set of enforceable rules Broken rules are "legal wrongs" A legal wrong is not necessarily a moral wrong Morality - Answer Moral rules guide judgements about behavior Broken rules are moral wrongs A moral wrong is not necessarily a legal wrong ~But frequently they intersect: theft is both a moral and a legal wrong Classifications...

-

58 pages

Written in 2025/2026

Grade A+

TestSolver9

agency - Answer The agent's function is to represent and act on behalf of the principal The vast majority of commercial transactions (i.e. contracts) involving business enterprises are carried out by agents principal agent third party authority of agents- actual - Answer •Actual authority - agency agreement sets out limits of agent's authority •The agreement between P and A can be "express" or "implied. •Who am I an agent of? •Is my agreemen...

-

33 pages

Written in 2025/2026

Grade A+

TestSolver9

Criminal Court - Answer Government against someone who committed a crime. if the person accused is found guilty, they may go to jail or prison. Civil Court - Answer Person against another person who they have a problem or dispute with. A business organization or agency can also sue or be sued in civil court. if the person or organization sued is found guilty, they will not go to jail or prison but instead may be required to pay money or return property to the other side. Burden...

-

2 pages

Written in 2025/2026

Grade A+

TestSolver9

BCIT BLAW 3100 (Business Law) Midterm Exam Review Questions and Answers British Columbia Institute of Technology

-

10 pages

Written in 2023/2024

saraciousstuvia