Lote
Business Law FINAL EXAM BUNDLE
Business Law FINAL EXAM BUNDLE
[Mostrar más]Business Law FINAL EXAM BUNDLE
[Mostrar más]law - A body of enforceable rules governing relationships among individuals and between individuals and their society. 
 
Primary sources of law - 1. The U.S. Constitution and the constitutions of the various states. 
2. Statutory law—including laws passed by Congress, state legislatures, or...
Vista previa 2 fuera de 5 páginas
Añadir al carritolaw - A body of enforceable rules governing relationships among individuals and between individuals and their society. 
 
Primary sources of law - 1. The U.S. Constitution and the constitutions of the various states. 
2. Statutory law—including laws passed by Congress, state legislatures, or...
The department may refuse to issue a license or certificate to an applicant who has done which of the following? - Has submitted false or misleading information 
-has had a license denied 
-has failed to meet the minimum qualifications 
-any of these listed 
 
Form I-9 must be kept for at least _...
Vista previa 2 fuera de 12 páginas
Añadir al carritoThe department may refuse to issue a license or certificate to an applicant who has done which of the following? - Has submitted false or misleading information 
-has had a license denied 
-has failed to meet the minimum qualifications 
-any of these listed 
 
Form I-9 must be kept for at least _...
law - A body of enforceable rules governing relationships among individuals and between individuals and their society. 
 
Primary sources of law - 1. The U.S. Constitution and the constitutions of the various states. 
2. Statutory law—including laws passed by Congress, state legislatures, or...
Vista previa 2 fuera de 5 páginas
Añadir al carritolaw - A body of enforceable rules governing relationships among individuals and between individuals and their society. 
 
Primary sources of law - 1. The U.S. Constitution and the constitutions of the various states. 
2. Statutory law—including laws passed by Congress, state legislatures, or...
why do legal systems evolve? - to encourage and promote stability and order 
 
define law - a body of enforceable rules which govern relationships among and between individuals and society 
 
defin substantive law - create rights, duties, and privileges consistent with public policy at the ...
Vista previa 2 fuera de 10 páginas
Añadir al carritowhy do legal systems evolve? - to encourage and promote stability and order 
 
define law - a body of enforceable rules which govern relationships among and between individuals and society 
 
defin substantive law - create rights, duties, and privileges consistent with public policy at the ...
Natural Law - School of Jurisprudential Thought: Postulates that law is based on what is "correct". It emphasizes a moral theory of law-- that is, law should be based on morality and ethics. 
 
Historical - School of Jurisprudential Thought: Believes that law is an aggregate of social tradit...
Vista previa 2 fuera de 9 páginas
Añadir al carritoNatural Law - School of Jurisprudential Thought: Postulates that law is based on what is "correct". It emphasizes a moral theory of law-- that is, law should be based on morality and ethics. 
 
Historical - School of Jurisprudential Thought: Believes that law is an aggregate of social tradit...
constitution - The document that sets forth the framework of a government and its relationship to the people it governs. 
 
Common law - based upon the current standards or customs of the people. 
 
positive law - Law that is dictated from above by a sovereign or other central authority 
 
...
Vista previa 2 fuera de 5 páginas
Añadir al carritoconstitution - The document that sets forth the framework of a government and its relationship to the people it governs. 
 
Common law - based upon the current standards or customs of the people. 
 
positive law - Law that is dictated from above by a sovereign or other central authority 
 
...
What is law? - consists of enforceable rules governing relationships among individuals and between individuals and their society 
 
What feature do all laws have in common? - they establish rights, duties, and privileges that are consistent with the values and beliefs of a society or ruling gr...
Vista previa 4 fuera de 39 páginas
Añadir al carritoWhat is law? - consists of enforceable rules governing relationships among individuals and between individuals and their society 
 
What feature do all laws have in common? - they establish rights, duties, and privileges that are consistent with the values and beliefs of a society or ruling gr...
administrative agency - a federal, state, or local government agency established to perform a specific function; administrative agencies are authorized by legislative acts to make and enforce rules to administer and enforce the acts. 
 
administrative law - the body of law created by administr...
Vista previa 2 fuera de 13 páginas
Añadir al carritoadministrative agency - a federal, state, or local government agency established to perform a specific function; administrative agencies are authorized by legislative acts to make and enforce rules to administer and enforce the acts. 
 
administrative law - the body of law created by administr...
Laws and regulations affect virtually ____ - all business activities 
 
Business Decisions are affected by: - Torts, Agency Law, Product Liability, Intellectual Property Rights, Negotiable Instruments, Creditors' Rights, Sales Law, Contracts, Procedural Law, Courts, Environmental Law, Busines...
Vista previa 3 fuera de 29 páginas
Añadir al carritoLaws and regulations affect virtually ____ - all business activities 
 
Business Decisions are affected by: - Torts, Agency Law, Product Liability, Intellectual Property Rights, Negotiable Instruments, Creditors' Rights, Sales Law, Contracts, Procedural Law, Courts, Environmental Law, Busines...
Definition of law - Enforceable rules governing relationships among individuals and between individuals and their society 
 
Function of law - Provide stability predictability and continuity 
 
Sources of American Law - Constitution statutory administrative common law 
 
Common Law started ...
Vista previa 2 fuera de 7 páginas
Añadir al carritoDefinition of law - Enforceable rules governing relationships among individuals and between individuals and their society 
 
Function of law - Provide stability predictability and continuity 
 
Sources of American Law - Constitution statutory administrative common law 
 
Common Law started ...
Rule of Law - general and equal application of laws, even to lawmakers 
 
Supreme Law of the Land vs. Highest Court - Supreme Law of the Land- U.S. Constitution 
Highest Court- U.S. Supreme Court 
 
Civil vs. Criminal Law - Civil Law- law governing the rights and duties between private par...
Vista previa 1 fuera de 4 páginas
Añadir al carritoRule of Law - general and equal application of laws, even to lawmakers 
 
Supreme Law of the Land vs. Highest Court - Supreme Law of the Land- U.S. Constitution 
Highest Court- U.S. Supreme Court 
 
Civil vs. Criminal Law - Civil Law- law governing the rights and duties between private par...
Common Law - Rules are not written down. The Law used by the United States. 
 
Civil Law - The most common out of the System of Laws. Has specific rules and regulations and is more strucured. Used by 150 countries. 
 
Criminal Law (plaintiff v. defendant) - Where the plaintiff is the govern...
Vista previa 4 fuera de 54 páginas
Añadir al carritoCommon Law - Rules are not written down. The Law used by the United States. 
 
Civil Law - The most common out of the System of Laws. Has specific rules and regulations and is more strucured. Used by 150 countries. 
 
Criminal Law (plaintiff v. defendant) - Where the plaintiff is the govern...
The court may grant a ______ if after reviewing the pleadings, the judge determines that the only reasonable decision is in favor of the moving party - motion for judgement on the pleadings 
 
The group that urges states to enact model laws to provide greater uniformity of law is called the _____...
Vista previa 3 fuera de 25 páginas
Añadir al carritoThe court may grant a ______ if after reviewing the pleadings, the judge determines that the only reasonable decision is in favor of the moving party - motion for judgement on the pleadings 
 
The group that urges states to enact model laws to provide greater uniformity of law is called the _____...
Success Factors in Your Business - organized, consistent approach 
 
Factors in Business Failure - poor planning and inadequate management 
 
Entrepreneur - a person engaged in strategic activities that involve initiation and development of a new business 
 
Calculated Risk - something t...
Vista previa 3 fuera de 22 páginas
Añadir al carritoSuccess Factors in Your Business - organized, consistent approach 
 
Factors in Business Failure - poor planning and inadequate management 
 
Entrepreneur - a person engaged in strategic activities that involve initiation and development of a new business 
 
Calculated Risk - something t...
Bilateral Contract - A contract entered into by way of exchange of promises of the parties; "a promise for a promise". 
 
Unilateral Contract - A contract in which the offeror's offer can be accepted only by the performance of an act by the offeree; a "promise for an act". 
 
Quasi Contra...
Vista previa 2 fuera de 5 páginas
Añadir al carritoBilateral Contract - A contract entered into by way of exchange of promises of the parties; "a promise for a promise". 
 
Unilateral Contract - A contract in which the offeror's offer can be accepted only by the performance of an act by the offeree; a "promise for an act". 
 
Quasi Contra...
3 Branches of Government - Legislative, Executive, Judicial 
 
What does the Legislative branch do? - Writes the Law 
 
What does the Executive branch do? - Enforces the law 
 
What does the Judicial branch do? - Interprets the law 
 
4 sources of law - US Constitution, 
Statutes, 
Ru...
Vista previa 2 fuera de 6 páginas
Añadir al carrito3 Branches of Government - Legislative, Executive, Judicial 
 
What does the Legislative branch do? - Writes the Law 
 
What does the Executive branch do? - Enforces the law 
 
What does the Judicial branch do? - Interprets the law 
 
4 sources of law - US Constitution, 
Statutes, 
Ru...
negligence - failure to exercise the standard of care that a reasonable person would exercise in similar circumstances (also known as the "reasonable person" standard) 
 
proximate cause - legal determination that the connection between an act or omission and a resulting injury (causation in...
Vista previa 4 fuera de 38 páginas
Añadir al carritonegligence - failure to exercise the standard of care that a reasonable person would exercise in similar circumstances (also known as the "reasonable person" standard) 
 
proximate cause - legal determination that the connection between an act or omission and a resulting injury (causation in...
Business Trust - an unincorporated association run by trustees for the benefit of investors 
(this are called "beneficiaries") 
 
Grand Trust- will benefit myself and my children and is subject to lower taxes 
Irrevocable trust- you can put money into it, but you cannot get money out of it 
...
Vista previa 3 fuera de 18 páginas
Añadir al carritoBusiness Trust - an unincorporated association run by trustees for the benefit of investors 
(this are called "beneficiaries") 
 
Grand Trust- will benefit myself and my children and is subject to lower taxes 
Irrevocable trust- you can put money into it, but you cannot get money out of it 
...
What is the most important function of the law to business? - facilitating planning 
 
The example of protecting the $1 Billion investment that car companies make per model is an example of the law doing what? - Facilitating Planning 
 
What did the UN decide is the reason underdeveloped count...
Vista previa 2 fuera de 11 páginas
Añadir al carritoWhat is the most important function of the law to business? - facilitating planning 
 
The example of protecting the $1 Billion investment that car companies make per model is an example of the law doing what? - Facilitating Planning 
 
What did the UN decide is the reason underdeveloped count...
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Stuvia is a marketplace, so you are not buying this document from us, but from seller TeeGrades. Stuvia facilitates payment to the seller.
No, you only buy this summary for $37.29. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now