Question

An employee handbook should contain information related to the history of the company, including its mission and philosophy.

True

False

An employee handbook should contain information related to the history of the company, including its mission and philosophy.

True

False

Flag this Question

There are 50 federal circuit courts of appeal, one for each state.

True

False

Flag this Question

A distinction between law and ethics is that legal mandates are usually more:

precise.

obscure.

flexible.

flawed.

Flag this Question

The Uniform Commercial Code was ______.

Flag this Question

A court has appellate jurisdiction if it has the authority to hear appeals from other courts.

True

False

Flag this Question

All of the following are the influencing factors on both group values and individual values EXCEPT:

customs.

religion.

wealth.

Flag this Question

According to the doctrine of employment at will, only the employer, and not the employee, may choose to terminate the employment relationship at any time.

True

False

Flag this Question

Administrative agencies include federal agencies such as the National Labor Relations Board.

True

False

Flag this Question

A certified check is one that the bank has promised to pay when it is presented for payment.

True

False

Flag this Question

An incidental beneficiary is one who may benefit as a direct consequence of contract.

True

False

Flag this Question

An employer can safely disclose information about a current or former employee in the following areas EXCEPT for areas related to the employee’s

Flag this Question

An assignment must always be in writing.

True

False

Flag this Question

Sometimes, the driving force for reform may be the:

Flag this Question

The law concerned with the unenforceable obligations that people have to one another is known as ______

moral law

Flag this Question

Most legal scholars agree that today’s laws provide ¬adequate protection of the ______ of the individual.

rights

power

duties

Flag this Question

A kind of guarantee or promise made by a manufacturer or seller that the goods and services offered are really what they are claimed to be, or that the goods or services are what a reasonable person has a right to expect, is known as a(n):

warranty.

custom.

Flag this Question

Many legal obligations are based on moral obligations, but not all moral obligations are legally enforceable.

True

False

Flag this Question

The usual motivation behind whistleblowing is the outrage to a person’s sense of:

ethics.

Flag this Question

A person who reveals to a governmental authority, or to news media, confidential information regarding some wrong doing or conduct that he or she regards as unethical is called a(n):

Flag this Question

Decisions made by the U.S. Supreme Court must ______ by other courts.

Flag this Question

A whistleblower is one who calls attention to unpleasant conditions at the workplace.

True

False

Flag this Question

The person against whom a lawsuit is brought or who is charged with a violation of the law is called a ______.

defendant

plaintiff

Flag this Question

Today’s business professionals involved in global markets are sometimes faced with ethical predicaments because of different:

Flag this Question

Courts that are given the power to hear only certain kinds of cases have ______ jurisdiction.

pecuniary

special

appellate

original

Flag this Question

A __________ is a certified check issued in a denomination of $20 or more by certain banks, travel agencies, and financial services companies.

Flag this Question

All but one of the following organizational forms have limited liability. This exception is the:

Flag this Question

A barren promise is one that involves a promise:

Flag this Question

A transnational institution’s purpose is overseeing the implementation of all multinational trade agreements negotiated now or in the future.

True

False

Flag this Question

A conditional sales contract is one way of selling merchandise with the condition that title will remain with the buyer until the purchase price has been paid.

True

False

Flag this Question

An agency by operation of law is created when a court finds the need for an agency to achieve a desired social policy.

True

False

Flag this Question

A _________ can be liable for failing to inform a patient of the risks involved in a particular surgery.

nurse

physician

chemist

Flag this Question

Agents are usually classified according to the nature of their relationship with their principals.

True

False

Flag this Question

A category of illegal activity that includes embezzlement, stock swindles, fraud against insurance companies, credit card fraud, computer fraud, and theft of computer programs is known as business-related crime.

True

False

Flag this Question

According to the doctrine of frustration of purpose:

Flag this Question

A promise of an act by one party in exchange for the promise of an act by another is an example of:

Flag this Question

A written contract can be a handwritten note.

True

False

Flag this Question

A promise to give up something of value that a person has a legal right to keep or to agree to do something that a person is not legally required to do is known as consideration.

True

False

Flag this Question

A contract is enforceable even if:

Flag this Question

A minor who has appointed an agent may ________ the contract of agency in some states

reform

modify

avoid

estop

Flag this Question

All of the following EXCEPT a _____ who learns from a patient that he or she intends to do harm to another has the legal responsibility to inform the possible victim and the appropriate authorities.

physician

nurse

Flag this Question

An attorney is liable to a client if he or she fails to exercise due care in handling a client’s affairs.

True

False

Flag this Question

A bill of sale that is handwritten is:

voidable.

void

Flag this Question

A minor can be held liable if he or she makes damaging statements in writing for the act of:

slander.

nuisance.

libel.

Flag this Question

A contract for labor and materials to be enforceable, even though it involves $500 or more:

Flag this Question

A contract for sale with the right of return gives the buyer the opportunity to return them to the seller at a later time, but does not give the buyer title.

True

False

Flag this Question

A competent party is said to have contractual capacity, that is, the ability to:

Flag this Question

A certain action can either be a tort or a crime; it cannot be both.

True

False

Flag this Question

A negotiable warehouse receipt, like the negotiable order bill of lading, requires that the original copy be presented to the warehouser before the goods will be surrendered to someone claiming them.

True

False

Flag this Question

A contract in which title and risk of loss remain with the seller and that provides for the sale subject to the buyer’s final decision is a(n):

Flag this Question

A competent party is a person of legal age, but fails to take into account the mental state of the individual.

True

False

Flag this Question

There are 50 federal circuit courts of appeal, one for each state.

True

False

Flag this Question

A distinction between law and ethics is that legal mandates are usually more:

precise.

obscure.

flexible.

flawed.

Flag this Question

The Uniform Commercial Code was ______.

Flag this Question

A court has appellate jurisdiction if it has the authority to hear appeals from other courts.

True

False

Flag this Question

All of the following are the influencing factors on both group values and individual values EXCEPT:

customs.

religion.

wealth.

Flag this Question

According to the doctrine of employment at will, only the employer, and not the employee, may choose to terminate the employment relationship at any time.

True

False

Flag this Question

Administrative agencies include federal agencies such as the National Labor Relations Board.

True

False

Flag this Question

A certified check is one that the bank has promised to pay when it is presented for payment.

True

False

Flag this Question

An incidental beneficiary is one who may benefit as a direct consequence of contract.

True

False

Flag this Question

An employer can safely disclose information about a current or former employee in the following areas EXCEPT for areas related to the employee’s

Flag this Question

An assignment must always be in writing.

True

False

Flag this Question

Sometimes, the driving force for reform may be the:

Flag this Question

The law concerned with the unenforceable obligations that people have to one another is known as ______

moral law

Flag this Question

Most legal scholars agree that today’s laws provide ¬adequate protection of the ______ of the individual.

rights

power

duties

Flag this Question

A kind of guarantee or promise made by a manufacturer or seller that the goods and services offered are really what they are claimed to be, or that the goods or services are what a reasonable person has a right to expect, is known as a(n):

warranty.

custom.

Flag this Question

Many legal obligations are based on moral obligations, but not all moral obligations are legally enforceable.

True

False

Flag this Question

The usual motivation behind whistleblowing is the outrage to a person’s sense of:

ethics.

Flag this Question

A person who reveals to a governmental authority, or to news media, confidential information regarding some wrong doing or conduct that he or she regards as unethical is called a(n):

Flag this Question

Decisions made by the U.S. Supreme Court must ______ by other courts.

Flag this Question

A whistleblower is one who calls attention to unpleasant conditions at the workplace.

True

False

Flag this Question

The person against whom a lawsuit is brought or who is charged with a violation of the law is called a ______.

defendant

plaintiff

Flag this Question

Today’s business professionals involved in global markets are sometimes faced with ethical predicaments because of different:

Flag this Question

Courts that are given the power to hear only certain kinds of cases have ______ jurisdiction.

pecuniary

special

appellate

original

Flag this Question

A __________ is a certified check issued in a denomination of $20 or more by certain banks, travel agencies, and financial services companies.

Flag this Question

All but one of the following organizational forms have limited liability. This exception is the:

Flag this Question

A barren promise is one that involves a promise:

Flag this Question

A transnational institution’s purpose is overseeing the implementation of all multinational trade agreements negotiated now or in the future.

True

False

Flag this Question

A conditional sales contract is one way of selling merchandise with the condition that title will remain with the buyer until the purchase price has been paid.

True

False

Flag this Question

An agency by operation of law is created when a court finds the need for an agency to achieve a desired social policy.

True

False

Flag this Question

A _________ can be liable for failing to inform a patient of the risks involved in a particular surgery.

nurse

physician

chemist

Flag this Question

Agents are usually classified according to the nature of their relationship with their principals.

True

False

Flag this Question

A category of illegal activity that includes embezzlement, stock swindles, fraud against insurance companies, credit card fraud, computer fraud, and theft of computer programs is known as business-related crime.

True

False

Flag this Question

According to the doctrine of frustration of purpose:

Flag this Question

A promise of an act by one party in exchange for the promise of an act by another is an example of:

Flag this Question

A written contract can be a handwritten note.

True

False

Flag this Question

A promise to give up something of value that a person has a legal right to keep or to agree to do something that a person is not legally required to do is known as consideration.

True

False

Flag this Question

A contract is enforceable even if:

Flag this Question

A minor who has appointed an agent may ________ the contract of agency in some states

reform

modify

avoid

estop

Flag this Question

All of the following EXCEPT a _____ who learns from a patient that he or she intends to do harm to another has the legal responsibility to inform the possible victim and the appropriate authorities.

physician

nurse

Flag this Question

An attorney is liable to a client if he or she fails to exercise due care in handling a client’s affairs.

True

False

Flag this Question

A bill of sale that is handwritten is:

voidable.

void

Flag this Question

A minor can be held liable if he or she makes damaging statements in writing for the act of:

slander.

nuisance.

libel.

Flag this Question

A contract for labor and materials to be enforceable, even though it involves $500 or more:

Flag this Question

A contract for sale with the right of return gives the buyer the opportunity to return them to the seller at a later time, but does not give the buyer title.

True

False

Flag this Question

A competent party is said to have contractual capacity, that is, the ability to:

Flag this Question

A certain action can either be a tort or a crime; it cannot be both.

True

False

Flag this Question

A negotiable warehouse receipt, like the negotiable order bill of lading, requires that the original copy be presented to the warehouser before the goods will be surrendered to someone claiming them.

True

False

Flag this Question

A contract in which title and risk of loss remain with the seller and that provides for the sale subject to the buyer’s final decision is a(n):

Flag this Question

A competent party is a person of legal age, but fails to take into account the mental state of the individual.

True

False

Question 15 pts

An employee handbook should contain information related to the history of the company, including its mission and philosophy.

True

False

Answer 1

adopted by all 50 states in 1943

Answer 2

upheld by the Supreme Court as constitutional in 1971

Answer 3

enacted in 1962 by Congress

Answer 4

prepared in 1952 by the National Conference of Commissioners

Answer 5

traditions.

Answer 6

religious affiliation.

Answer 7

prior employment and educational history.

Answer 8

performance abilities.

Answer 9

character as it relates to the job.

Answer 10

whistleblower.

Answer 11

protagonist.

Answer 12

ethic guru.

Answer 13

quality assuror.

Answer 14

common law

Answer 15

country law

Answer 16

constitutional law

Answer 17

responsibility

Answer 18

guarantee.

Answer 19

patronage.

Answer 20

confidence.

Answer 21

knowledge.

Answer 22

self-esteem.

Answer 23

whistleblower.

Answer 24

protagonist.

Answer 25

quality assuror.

Answer 26

ethic guru.

Answer 27

be followed

Answer 28

be reviewed

Answer 29

not be followed

Answer 30

not be referred to

Answer 31

judgment debtor

Answer 32

decree holder

Answer 33

modes of transport.

Answer 34

values of money.

Answer 35

standards of ethics.

Answer 36

languages.

Answer 37

traveler’s check

Answer 38

promissory check

Answer 39

stale check

Answer 40

cashier’s check

Answer 41

subchapter S corporation.

Answer 42

corporation.

Answer 43

sole proprietorship.

Answer 44

limited partnership.

Answer 45

to do something one is already required to do.

Answer 46

to perform an act that involves an unreasonable period of time.

Answer 47

to perform an illegal act.

Answer 48

that cannot be performed.

Answer 49

pharmacist

Answer 50

in a contract for the sale of goods, one or more terms may be missing but the court can find a contract, nonetheless, where the parties have intended to make a contract.

Answer 51

complete performance is not achieved because of minor deviations from the agreed-upon performance.

Answer 52

the promisor is estopped from denying the existence of a contract where the promisee has detrimentally relied on that promise.

Answer 53

where both parties know the purpose of a contract and, through no fault of either party, the reason for the contract no longer exists, the contract is terminated.

Answer 54

a void contract.

Answer 55

valid consideration.

Answer 56

a voidable contract.

Answer 57

a valid offer and acceptance.

Answer 58

laws and regulations enacted after the contract is entered make performance illegal.

Answer 59

laws and regulations do not absolve the parties from their contractual obligations.

Answer 60

the contract calls for a special skill or talent possessed by a party to the contract that dies before timely performance can be rendered.

Answer 61

laws and regulations increase the cost of performance.

Answer 62

discologist

Answer 63

psychiatrist

Answer 64

rescindable. .

Answer 65

effective.

Answer 66

conversion.

Answer 67

should always be in writing.

Answer 68

need not always be in writing.

Answer 69

must be certified by notary.

Answer 70

must be entered by parties owning a business.

Answer 71

necessitate the contract.

Answer 72

impose undue influence.

Answer 73

make a valid contract.

Answer 74

disaffirm the contract.

Answer 75

contract to sell.

Answer 76

FOB contract.

Answer 77

sale on approval.

Answer 78

endorsement of contract.

Answer 79

a small percentage of appeals as it has no legal obligation to hear all appeals from lower courts

Answer 80

a large percentage of appeals from both the federal and state appellate courts

Answer 81

all appeals directly from the federal trial courts

Answer 82

all appeals directly from the state trial courts

Answer 83

unlimited powers exclusively to the federal government

Answer 84

unlimited powers to both the federal and state governments

Answer 85

reasonable powers to the federal government

Answer 86

reasonable powers exclusive to state governments

Answer 87

proprietor

Answer 88

observation.

Answer 89

state and federal legislatures

Answer 90

state courts

Answer 91

old English courts

Answer 92

the Supreme Court

Answer 93

apartheid.

Answer 94

discrimination.

Answer 95

governance.

Answer 96

Civil Rights Act.

Answer 97

Federal Sentencing Guidelines.

Answer 98

Foreign Corrupt Practices Act.

Answer 99

Federal Indictments Act.

Answer 100

U.S. Circuit Courts of Appeals

Answer 101

U.S. District Courts

Answer 102

U.S. Supreme Court

Answer 103

International Court of Justice

Answer 104

adopted by all 50 states in 1943

Answer 105

upheld by the Supreme Court as constitutional in 1971

Answer 106

prepared in 1952 by the National Conference of Commissioners

Answer 107

enacted in 1962 by Congress

Answer 108

confidence.

Answer 109

knowledge.

Answer 110

self-esteem.

Answer 111

whistleblower.

Answer 112

quality assuror.

Answer 113

protagonist.

Answer 114

ethic guru.

Answer 115

stare decisis

Answer 116

executive orders

Answer 117

traveler’s check.

Answer 118

stale check.

Answer 119

certified check.

Answer 120

cashier’s check.

Answer 121

specific defense.

Answer 122

special defense.

Answer 123

commercial defense.

Answer 124

personal defense.

Answer 125

blue-collar crime

Answer 126

civil wrong

Answer 127

limited partnership.

Answer 128

subchapter S corporation.

Answer 129

sole proprietorship.

Answer 130

corporation.

Answer 131

to do something one is already required to do.

Answer 132

to perform an illegal act.

Answer 133

to perform an act that involves an unreasonable period of time.

Answer 134

that cannot be performed.

Answer 135

a negotiated transaction.

Answer 136

a payment for goods.

Answer 137

the passing of title from the seller to the buyer for a price.

Answer 138

a void transaction.

Answer 139

limitation of pleadings

Answer 140

liability limitation

Answer 141

limitations of law

Answer 142

statute of limitations

Answer 143

restraining order.

Answer 144

redeeming power.

Answer 145

condition.

Answer 146

contracting party

Answer 147

competent party

Answer 148

contractor

Answer 149

valid participant

Answer 150

misrepresentation.

Answer 151

unsuitability.

Answer 152

provide a set of rules to ensure that there is no trade discrimination

Answer 153

maintain a stable environment for the economies and currencies

Answer 154

oversee the implementation of all multinational trade agreements

Answer 155

maintain legal and economic order in trade.

Answer 156

partnership.

Answer 157

corporation.

Answer 158

sole proprietorship.

Answer 159

subchapter S corporation.

Answer 160

discologist

Answer 161

psychiatrist

Answer 162

onerous contract.

Answer 163

gratuitous promise.

Answer 164

barren promise.

Answer 165

pledge or subscription.

Answer 166

discretions.

Answer 167

subculture.

Answer 168

cross-culture.

Answer 169

macro-culture.

Answer 170

para-culture.

Answer 171

special defense.

Answer 172

personal defense.

Answer 173

specific defense.

Answer 174

commercial defense.

Answer 175

any act that completes the negotiation of the instrument, such as payment.

Answer 176

the release of a prior party’s obligation or the release of the debtor

Answer 177

the intentional cancellation of the endorser’s signature by the holder

Answer 178

an invalid tender of payment by a prior party.

Answer 179

res judicata

Answer 180

stare decisis

Answer 181

obiter dicta

Answer 182

res sub-judice

Answer 183

whistleblower.

Answer 184

protagonist.

Answer 185

ethic guru.

Answer 186

quality assuror.

Answer 187

Federal Sentencing Guidelines.

Answer 188

Federal Indictments Act.

Answer 189

Civil Rights Act.

Answer 190

Foreign Corrupt Practices Act.

Answer 191

executive orders

Answer 192

stare decisis

Answer 193

statutory review

Answer 194

judicial review

Answer 195

decree holder

Answer 196

judgment debtor

Answer 197

enrolled in the Bar Council

Answer 198

licensed to practice

Answer 199

employed by federal institutions

Answer 200

immune from lawsuits

Answer 201

self-esteem.

Answer 202

knowledge.

Answer 203

confidence.

Answer 204

establish guidelines in dealing with suppliers.

Answer 205

establish rules for management to follow in dealing with employee grievances.

Answer 206

set down the principles to be followed in dealing with government agencies.

Answer 207

specify the principles of ethical behavior expected of its employees.

Answer 208

limited partnership.

Answer 209

sole proprietorship.

Answer 210

corporation.

Answer 211

subchapter S corporation.

Answer 212

discologist

Answer 213

psychiatrist

Answer 214

terms of an agreement usually are different from those of a contract.

Answer 215

certain agreements cannot be enforced by law.

Answer 216

agreements do not fall under any classification of contracts.

Answer 217

certain agreements cannot be licensed under law.

Answer 218

confiscation.

Answer 219

domestication.

Answer 220

localization.

Answer 221

barren promise.

Answer 222

gratuitous promise.

Answer 223

pledge or subscription.

Answer 224

onerous contract.

Answer 225

pharmacist

Answer 226

psychological duty.

Answer 227

duty of loyalty

Answer 228

legal responsibility.

Answer 229

mandatory duty.

Answer 230

constantly refuses to sign a proxy.

Answer 231

unintentionally violates the duty of care owed to the corporation.

26 A business that is formed as a separate legal entity is a(n):
A. partnership.
*B. corporation.
C. joint venture.
D. sole proprietorship.

Answer 232

participates regularly in the duty of loyalty and duty of care.

Answer 233

participates in the overall management of the business.

Answer 234

subchapter S corporation.

Answer 235

corporation.

Answer 236

sole proprietorship.

Answer 237

partnership.

Answer 238

provide a set of rules to ensure that there is no trade discrimination

Answer 239

maintain a stable environment for the economies and currencies

Answer 240

oversee the implementation of all multinational trade agreements

Answer 241

maintain legal and economic order in trade.

Answer 242

contractor

Answer 243

competent party

Answer 244

contracting party

Answer 245

valid participant

Answer 246

laws and regulations increase the cost of performance.

Answer 247

the contract calls for a special skill or talent possessed by a party to the contract that dies before timely performance can be rendered.

Answer 248

laws and regulations enacted after the contract is entered make performance illegal.

Answer 249

laws and regulations do not absolve the parties from their contractual obligations.

Answer 250

need not always be in writing.

Answer 251

must be entered by parties owning a business.

Answer 252

must be certified by notary.

Answer 253

should always be in writing.

Answer 254

sale on approval.

Answer 255

FOB contract.

Answer 256

contract to sell.

Answer 257

endorsement of contract.

Answer 258

consideration.

Answer 259

malafide intention.

Answer 260

offer and acceptance.

Answer 261

mutual agreement.

Answer 262

adopted by all 50 states in 1943

Answer 263

upheld by the Supreme Court as constitutional in 1971

Answer 264

enacted in 1962 by Congress

Answer 265

prepared in 1952 by the National Conference of Commissioners

Answer 266

traditions.

Answer 267

religious affiliation.

Answer 268

prior employment and educational history.

Answer 269

performance abilities.

Answer 270

character as it relates to the job.

Answer 271

whistleblower.

Answer 272

protagonist.

Answer 273

ethic guru.

Answer 274

quality assuror.

Answer 275

common law

Answer 276

country law

Answer 277

constitutional law

Answer 278

responsibility

Answer 279

guarantee.

Answer 280

patronage.

Answer 281

confidence.

Answer 282

knowledge.

Answer 283

self-esteem.

Answer 284

whistleblower.

Answer 285

protagonist.

Answer 286

quality assuror.

Answer 287

ethic guru.

Answer 288

be followed

Answer 289

be reviewed

Answer 290

not be followed

Answer 291

not be referred to

Answer 292

judgment debtor

Answer 293

decree holder

Answer 294

modes of transport.

Answer 295

values of money.

Answer 296

standards of ethics.

Answer 297

languages.

Answer 298

traveler’s check

Answer 299

promissory check

Answer 300

stale check

Answer 301

cashier’s check

Answer 302

subchapter S corporation.

Answer 303

corporation.

Answer 304

sole proprietorship.

Answer 305

limited partnership.

Answer 306

to do something one is already required to do.

Answer 307

to perform an act that involves an unreasonable period of time.

Answer 308

to perform an illegal act.

Answer 309

that cannot be performed.

Answer 310

pharmacist

Answer 311

in a contract for the sale of goods, one or more terms may be missing but the court can find a contract, nonetheless, where the parties have intended to make a contract.

Answer 312

complete performance is not achieved because of minor deviations from the agreed-upon performance.

Answer 313

the promisor is estopped from denying the existence of a contract where the promisee has detrimentally relied on that promise.

Answer 314

where both parties know the purpose of a contract and, through no fault of either party, the reason for the contract no longer exists, the contract is terminated.

Answer 315

a void contract.

Answer 316

valid consideration.

Answer 317

a voidable contract.

Answer 318

a valid offer and acceptance.

Answer 319

laws and regulations enacted after the contract is entered make performance illegal.

Answer 320

laws and regulations do not absolve the parties from their contractual obligations.

Answer 321

the contract calls for a special skill or talent possessed by a party to the contract that dies before timely performance can be rendered.

Answer 322

laws and regulations increase the cost of performance.

Answer 323

discologist

Answer 324

psychiatrist

Answer 325

rescindable. .

Answer 326

effective.

Answer 327

conversion.

Answer 328

should always be in writing.

Answer 329

need not always be in writing.

Answer 330

must be certified by notary.

Answer 331

must be entered by parties owning a business.

Answer 332

necessitate the contract.

Answer 333

impose undue influence.

Answer 334

make a valid contract.

Answer 335

disaffirm the contract.

Answer 336

contract to sell.

Answer 337

FOB contract.

Answer 338

sale on approval.

Answer 339

endorsement of contract.

Answer 340

adopted by all 50 states in 1943

Answer 341

upheld by the Supreme Court as constitutional in 1971

Answer 342

enacted in 1962 by Congress

Answer 343

prepared in 1952 by the National Conference of Commissioners

Answer 344

traditions.

Answer 345

religious affiliation.

Answer 346

prior employment and educational history.

Answer 347

performance abilities.

Answer 348

character as it relates to the job.

Answer 349

whistleblower.

Answer 350

protagonist.

Answer 351

ethic guru.

Answer 352

quality assuror.

Answer 353

common law

Answer 354

country law

Answer 355

constitutional law

Answer 356

responsibility

Answer 357

guarantee.

Answer 358

patronage.

Answer 359

confidence.

Answer 360

knowledge.

Answer 361

self-esteem.

Answer 362

whistleblower.

Answer 363

protagonist.

Answer 364

quality assuror.

Answer 365

ethic guru.

Answer 366

be followed

Answer 367

be reviewed

Answer 368

not be followed

Answer 369

not be referred to

Answer 370

judgment debtor

Answer 371

decree holder

Answer 372

modes of transport.

Answer 373

values of money.

Answer 374

standards of ethics.

Answer 375

languages.

Answer 376

traveler’s check

Answer 377

promissory check

Answer 378

stale check

Answer 379

cashier’s check

Answer 380

subchapter S corporation.

Answer 381

corporation.

Answer 382

sole proprietorship.

Answer 383

limited partnership.

Answer 384

to do something one is already required to do.

Answer 385

to perform an act that involves an unreasonable period of time.

Answer 386

to perform an illegal act.

Answer 387

that cannot be performed.

Answer 388

pharmacist

Answer 389

in a contract for the sale of goods, one or more terms may be missing but the court can find a contract, nonetheless, where the parties have intended to make a contract.

Answer 390

complete performance is not achieved because of minor deviations from the agreed-upon performance.

Answer 391

the promisor is estopped from denying the existence of a contract where the promisee has detrimentally relied on that promise.

Answer 392

where both parties know the purpose of a contract and, through no fault of either party, the reason for the contract no longer exists, the contract is terminated.

Answer 393

a void contract.

Answer 394

valid consideration.

Answer 395

a voidable contract.

Answer 396

a valid offer and acceptance.

Answer 397

laws and regulations enacted after the contract is entered make performance illegal.

Answer 398

laws and regulations do not absolve the parties from their contractual obligations.

Answer 399

the contract calls for a special skill or talent possessed by a party to the contract that dies before timely performance can be rendered.

Answer 400

laws and regulations increase the cost of performance.

Answer 401

discologist

Answer 402

psychiatrist

Answer 403

rescindable. .

Answer 404

effective.

Answer 405

conversion.

Answer 406

should always be in writing.

Answer 407

need not always be in writing.

Answer 408

must be certified by notary.

Answer 409

must be entered by parties owning a business.

Answer 410

necessitate the contract.

Answer 411

impose undue influence.

Answer 412

make a valid contract.

Answer 413

disaffirm the contract.

Answer 414

contract to sell.

Answer 415

FOB contract.

Answer 416

sale on approval.

Answer 417

endorsement of contract.

Business Law Final

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