Blaw 3391 ttu Study guides, Class notes & Summaries
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BLAW 3391 TTU Exam 2 Questions With 100% Correct Answers.
- Exam (elaborations) • 20 pages • 2024
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Sole Proprietorship - Answer-Simplest business form; owner is the business. Owner reports business 
income on personal income tax return and is legally responsible for all debts and obligations incurred by 
the business. 2/3 of all U.S. businesses are formed in this way. 
Sole Proprietorship Advantages - Answer-•Owner receives all profits; pays only personal taxes 
•Easy to create; less costly 
•Flexible decision making 
Sole Proprietorship Disadvantages - Answer-•Owner responsible for a...
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BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated)
- Exam (elaborations) • 16 pages • 2024
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BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated) 
Sole Proprietorship 
Simplest business form; owner is the business. Owner reports business income on personal income tax return and is legally responsible for all debts and obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. 
 
 
Sole Proprietorship Advantages 
•Owner receives all profits; pays only personal taxes 
•Easy to create; less costly 
•Flexible decision making 
 
 
Sole Proprie...
-
BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated)
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $12.49
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BLAW 3391 TTU Exam 2 Questions 
And Answers (Verified And Updated) 
Sole Proprietorship - answerSimplest business form; owner is the business. Owner reports 
business income on personal income tax return and is legally responsible for all debts and 
obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. 
Sole Proprietorship Advantages - answer•Owner receives all profits; pays only personal 
taxes 
•Easy to create; less costly 
•Flexible decision making 
So...
-
BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated)
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
BLAW 3391 TTU Exam 2 Questions 
And Answers (Verified And Updated) 
Sole Proprietorship - answerSimplest business form; owner is the business. Owner reports 
business income on personal income tax return and is legally responsible for all debts and 
obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. 
Sole Proprietorship Advantages - answer•Owner receives all profits; pays only personal 
taxes 
•Easy to create; less costly 
•Flexible decision making 
So...
-
BLAW 3391 TTU Exam 1 Questions With Verified Answers
- Exam (elaborations) • 7 pages • 2024
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- $11.09
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BLAW 3391 TTU Exam 1 Questions With Verified Answers 
Laws 
rules governing relationships among individuals and between individuals and their society. 
 
 
Priorities of Law? (Highest to lowest) 
Federal Constitution 
Federal Statutes 
State Constitution 
State Statutes 
Local Ordinances 
Conflict 
Order of precedence 
 
 
Agencies 
created by legislatures and make their own rules which have the legal force of statutory law. (ex: IRS). Carry out all functions of the federal government (legislati...
Make study stress less painful
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BLAW 3391 TTU Exam 1 Questions With Verified Answers
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
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- $10.49
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BLAW 3391 TTU Exam 1 Questions With 
Verified Answers 
Laws - answerrules governing relationships among individuals and between individuals and 
their society. 
Priorities of Law? (Highest to lowest) - answerFederal Constitution 
Federal Statutes 
State Constitution 
State Statutes 
Local Ordinances 
Conflict 
Order of precedence 
Agencies - answercreated by legislatures and make their own rules which have the legal 
force of statutory law. (ex: IRS) 
Common Law - answer- The earliest version of...
-
BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated)
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
BLAW 3391 TTU Exam 2 Questions 
And Answers (Verified And Updated) 
Sole Proprietorship - answerSimplest business form; owner is the business. Owner reports 
business income on personal income tax return and is legally responsible for all debts and 
obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. 
Sole Proprietorship Advantages - answer•Owner receives all profits; pays only personal 
taxes 
•Easy to create; less costly 
•Flexible decision making 
So...
-
BLAW 3391 TTU Exam 1 (Mcinturff) Questions And Answers Rated A+ New Update Assured Satisfaction
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
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- $7.99
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Laws - Answer-rules governing relationships among individuals and between individuals and their 
society. 
Priorities of Law? (Highest to lowest) - Answer-Federal Constitution 
Federal Statutes 
State Constitution 
State Statutes 
Local Ordinances 
Conflict 
Order of precedence 
Agencies - Answer-created by legislatures and make their own rules which have the legal force of 
statutory law. (ex: IRS) 
Common Law - Answer-- The earliest version of law 
- Laws adopted when US was a part of Britain ...
-
BLAW 3391 TTU Exam 1 Questions With Verified Answers
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
-
- $10.49
- + learn more
BLAW 3391 TTU Exam 1 Questions With 
Verified Answers 
Laws - answerrules governing relationships among individuals and between individuals and 
their society. 
Priorities of Law? (Highest to lowest) - answerFederal Constitution 
Federal Statutes 
State Constitution 
State Statutes 
Local Ordinances 
Conflict 
Order of precedence 
Agencies - answercreated by legislatures and make their own rules which have the legal 
force of statutory law. (ex: IRS) 
Common Law - answer- The earliest version of...
-
BLAW 3391 TTU Exam 1 Questions With Verified Answers
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
BLAW 3391 TTU Exam 1 Questions With 
Verified Answers 
Laws - answerrules governing relationships among individuals and between individuals and 
their society. 
Priorities of Law? (Highest to lowest) - answerFederal Constitution 
Federal Statutes 
State Constitution 
State Statutes 
Local Ordinances 
Conflict 
Order of precedence 
Agencies - answercreated by legislatures and make their own rules which have the legal 
force of statutory law. (ex: IRS) 
Common Law - answer- The earliest version of...
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