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Advise on LEGAL IMPLICATIONS which would personally affect two people forming a business partnership or ltd company.

Two friends have been made redundant from the retail trade and they want to form a company or partnership importing wine. I need to structure this essay with a points. This is my first time to do Business Law. they are not sure whether to do a partnership or ltd co and become directors.

Business Law question

Which of the following is false about the power of courts? a. courts are not absolutely bound to favor one technique of statutory interpretation over another. b. courts can distinguish prior decisions in common law cases. c. State Supreme Courts can overrule their own prior decisions. d. Trial courts can decide abstract ...continues

Business Law question: defamation

In which of the following cases is it most likely that the plaintiff will only have to prove negligence on the defendant's part to recover from defamation? a. Statements that a U.S. Senator had someone killed b. Statements that Madaonna had someone killed c. A statement that you or I negligently killed someone during a hur ...continues

Business Law question

which of the following is a valid criticism of strict deontological views? a. such views pay too much attention to consequences b. such views encourage the satisfaction of perverse desires c. such views pay too little attention to consequences d. such views emphasize total satisfaction rather than average satisfaction

Business Law question

which of the following personal traits or conditions will not change the normal reasonable person standard to which defendants are subject? a. blindness b. deafness c. voluntary intoxication d. childhood

Express warranty Vs Implied warranty

What is the difference between express warranty and implied warranty?

A sales of goods question is posed.

If no code rule applies to an issue regarding a sales of goods contract, the common law rules apply. a. true b. false

Business Law question

In general, when are offerees bound by 'fine-print' terms stated in offers? Focus only on the rules regarding offers and do not consider uncomsiability. a. always b. only when they actually read the term c. only when they had actual or reasonable notice of the term d. never

Business Law question

Silence in response to an offer: a. is never an acceptance? b. is always an acceptance if the offer says so c. usually is not an acceptance d. usually is an acceptance

Contracts are discussed briefly.

X and Y have a contract which obligated X to sell Y 100 boxes of screws for $100. The parties orally midify the contract so that X will sell Y the same 100 boxes for $125. The 2nd agreement: a. is not binding because it is oral b. is not binding because x has only promised to perform a preexisting legal obligation c. is ...continues

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