Subject: BUG, Inc. Details: Scenario: BUG, Inc., a company based in Any State, U.S.A., designs, manufactures, and sells electronic recording devises. These devices are used by law enforcement agencies (police, FBI, etc.) to intercept and record sounds and voices. The equipment taps into telephone wires, cell phone transmission
List five clauses that should be included in an international sales contract and explain why they should be included.
When the promoters fail to comply with some of the mandatory conditions precedent to incorporation, but substantially comply with the provisions taken as a whole, what kind of corporation is created? a. a de facto corporation b. a corporation by estoppel c. a corporation quo warranto d. a de jure corporation The answ
The time period within which a customer must report unauthorized customer signatures to the bank to get his account redirected is: a. fourteen days b. six months c. one year d. three years The answer is not a.
Which of the following actions constitute operations of economic concentration? (a) the merger of two or more unrelated actors covered by this law; (b) formation of a common corporation by two or more unrelated actors covered by this law, when the operation has as its result economic concentration and the resulting company
In general, when are offerees bound by "fine-print" terms stated in offers? Focus only on the rules regarding offers and do not consider unconscionability. a) Always. b) Only when they actually read the term. c) Only when they had actual or reasonable notice of the term. d) Never.
Bobbitco, Inc., a Tennessee-based firm, produces small household appliances and distributes them on a nationwide basis. By far its best-known product is a kitchen appliance known as the SLICE-O-MATIC. According to Bobbitco's frequent TV commercials, the electric-powered machine "slices, dices, slashes, and even mutilates, what
State X has a "Sunday Closing Law" making it a crime to operate a retail business on Sundays. The law's legislative history reveals that it was enacted to promote respect for the Sabbath by all the people of the state, and thus to promote public decency and morality. One Sunday, Judy Smith slips on a puddle of spilled soft drink
Which of the following is slander rather than libel? a) A defamatory statue. b) A defamatory TV broadcast. c) A defamatory magazine article. d) All of the above are libel rather than slander.
Assume that a state, acting through the appropriate county prosecutor, plans to initiate a felony prosecution against Phil Anderer. Further assume that the state is among those in which felony defendants may be charged by either of the two methods discussed in the text. Which of the following is an accurate statement? a) If a
Lucy, a human resources manager, tells employee Ed that he cannot have the day off to be with his girlfriend who has the flu because "if we gave you the day off, we would have to give anyone the day off if they had a friend who was sick." Lucy is engaging in: a) Bandwagon fallacy. c) argumentum ad hominem. b) argumentum ad
Which of the following trusts is most likely to require a writing? a. a charitable trust b. a spendthrift trust c. a trust involving the conveyance of real property to the trust d. a constructive trust.
One way a buyer might breach a contract for the sale of goods is by wrongfully refusing to accept them. a. true b. false
By accepting nonconforming goods, a buyer normally a. waives all remedies against the seller for the nonconformity b. is obligated to pay for the goods c. gives up any possibility of later revoking acceptance d. all of the above
Which of the following is most likely to be considered a sale of goods to which the UCC applies? a. a dentist places a crown over a patient's tooth b. a gas station sells and installs a new battery in a car c. a hairstylist uses a creme rinse in styling a client's hair d. a contractor builds a house for a landowner
The Code's statute of frauds requirement applies to all contracts for the sale of goods in an amount of $500 or more. a. True b. False
In most states today, leases of goods are handled by Article 2A of the UCC. a. true b. false
A failure to give substantial performance where substantial performance is normally required is a material breach of the contract. a. true b. false
Behavior that strongly suggests that a party will not perform his obligations under a contract cannot ever be a material breach, because this would unfairly penalize a party who, after all, may later be able to perform. a. True b. False
With regard to a completely integrated contract, parole evidence can be used to: a. contradict the terms of the contract b. explain ambiguities on the contract c. supplement the terms of the contract d. modify the terms of the contract
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
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.
Please provide answers in the spaced provided. The Eminem Co. has obtained a contract to build a music center at Seaport Village. The center will take three years to construct and will require of Eminem cash outflows of $1.0 million, $0.5 million, and $0.5 million in years 1, 2, and 3, respectively. Eminem will receive the
Business Law Author, Mallor 11th Edition 1. 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 decision in common law cases c. State Supreme Courts can overrule their own decisions
Please provide correct reasons for your choice: 1. As a small business owner, Brittany has found that the Internet has: a. reduced her market opportunities b. increased the competition in her industry c. given her more control in the buyer-seller relationship d. reduced the impact of change in her business 2. Pam is a