Business law Study guides, Class notes & Summaries

Law and Business - Test #1 Exam 2023

CIPS - L4M3 Commercial Contracting - CHAPTER 1 fully solved 2024/2025 Difference between Estimate, Quote and Tender (1.1, p. 2) - correct answer Estimate = has no legal standing, simply a 'best guess' by the supplier. *NOT a firm offer*. should be avoided within a commercial contract Tender / Quotation = *both are firm offers* to do something at a quoted rate or price. Tenders are more comprehensive / detailed. Quotation (1.1, p.3) - correct answer - normally used when the only variable...

Florida Traffic School Exam Questions and Answers Latest Updated 2024/2025 (100% Verified Answers) California law requires those under _____ to wear a properly fitted and fastened bicycle helmet while operating a bicycle or riding on one as a passenger. 18 years of age Because children might be playing behind parked vehicles without a driver's knowledge, you should make a practice of: Walking behind and around your vehicle to check for them. At an uncontrolled four-way-top, if two or more v...

WGU D333 Pre- Assessment Version 2 (Latest 2023/ 2024 Update) Ethics in Technology Exam| Questions and Verified Answers| 100% Correct| Grade A Q: A new startup tech company plans to provide secure wireless access with- in its office for employees and other trusted visitors. The company has con- cerns about competitors eavesdropping or compromising the connections and obtaining unauthorized access to the company's intellectual property. The company is considering using Wireless Protected Acce...

Describe factors affecting the settlement of legal matters. - ANSWER-A settlement is a set of terms that the parties agree to fulfill within a certain timeframe after conclusion of the trial. Some factors are: Extent of Injury - how bad the damages are Potential Damages Caused by Trial - legal costs, etc. Publicity Concerns - unwanted media coverage, etc. Arbitration/Mediation - cheaper than formal litigation Describe the litigation process. - ANSWER-The litigation process describes h...

CSLB Law & Business QUESTION 2023

SDC Intro to Business Exam Questions and Answers All Correct 1. The amount that a company must pay to either borrow money or to owners as a return on their investment called: a. the vig b. cost of capital c. inflation rate d. discount rate - Answer-b. cost of capital 2. The process of coordinating people and other resources to achieve the goals of an organization is called: a. Strategic Planning b. Management c. Controlling d. Supervision - Answer-b. Management 3. involves cre...

Louisiana Life and Health Simulator Questions and Answers Already Passed A licensee just renewed his license. How much time will pass before he will have to renew it again? 2 years How many eligible employees must be included in a contributory plan? 75% All of the following are Nonforfeiture options EXCEPT Interest only Federal law makes it illegal for any individual convicted of a crime involving dishonesty or breach of trust to work in the business of insurance affecting interstate commerc...

Law of Damages (LPL4802) Exam Summary Notes. The law of damages is that part of the law which indicates how the existence and extent of damage, as well as the proper amount of damages or satisfaction, are to be determined in the case of delict, breach of contract or some other juristic fact providing for the payment of damages (for instance, legislation or insurance). This subject consists of four main parts the general principles regarding damage and compensation the measure of damages i...