Liberty university busi Study guides, Class notes & Summaries

BUSI 301 Liberty University -BUSI 301 Chapter 21 correctly answeredExpress warranty - correct answer The seller makes a representation of fact about a product Many arise in the context of advertising Implied warranty - correct answer The seller has not made a specific representation about the product, the buyer is still protected by the UCC Implied warranties - correct answer 1. Merchantability: every sale of a product from a merchant to a buyer. Fit for ordinary use 2. Fitness for a...

Liberty University BUSI 520 Quiz 2. Questions & Answers (Graded A)

BUSI 301 Liberty University -BUSI 301 Exam #1 with correct answersan employee hired or appointed within an organization to settle disputes is called an - correct answer ombudsperson Violetta voluntarily goes for a ride with alfredo, who is drunk. a court would regard this as: - correct answer the assumption of the risk the tort of false imprisonment protects - correct answer mental and physical interests stare decisis - correct answer lends predictability to decisional law by relying on...

BUSI 611 Quiz 2 questions and answers Liberty University 2024

BUSI 301 - Week 2 Liberty University - Question and answers already passed BUSI 301 - Week 2 Civil Litigation - correct answer a dispute resolution process of civil (noncriminal) cases in public courts of law. Dispute Resolution - correct answer A method of handling complaints outside the judicial process through a mediator appointed by the court Arbitration - correct answer settling a dispute by agreeing to accept the decision of an impartial outsider informal settlements/consent ...

Liberty University-BUSI 301-BUSI LAW- FINAL CH. 14-17 STUDY GUIDE EXAM 2024. Principals - CORRECT ANSWER Owners Busi Entity When choosing a business entity, what 5 things should be considered? What starts a business - CORRECT ANSWER Formation Liability Cap Tax Mangagment/ Operation Sole Proprietorship - CORRECT ANSWER Easy formation Minimal fee No annual fillings straight forward filing CAP- loan secured by personal assets trade name vs. individual names con- lack of prot...

LU BUSI 301 Chapter 10 Liberty University - Questions with complete solution LU BUSI 301 Chapter 10 Tort - correct answer Civil wrong where one party has acted/failed to act, leading to a loss suffered by another party. Tort Law - correct answer Intended to compensate injured parties for losses resulting harm for some unreasonable conduct by another. Torfeasor - correct answer One who commits a tort Tortious conduct - correct answer Tortfeasor's wrongful conduct Restatements of...

BUSI 301 Chapter 21 Liberty University - Question and answers verified to pass BUSI 301 Chapter 21 Express warranty - correct answer The seller makes a representation of fact about a product Many arise in the context of advertising Implied warranty - correct answer The seller has not made a specific representation about the product, the buyer is still protected by the UCC Implied warranties - correct answer 1. Merchantability: every sale of a product from a merchant to a buyer. Fit...

BUSI 301 Week 5 Ch. 15 Liberty University - Question and answers correctly solved BUSI 301 Week 5: Ch. 15 Business corporation law - correct answer Often the title for a specific state law that covers such matters as the structure of the corporation, oversight of the activity of the corporation's managers, rights of the principals in the case of the sale of assets or ownership interests, annual reporting requirements, and other issues that affect the internal rules of the business venture....

BUSI 301 Exam #1 Liberty University - Question and answers already passed BUSI 301 Exam #1 an employee hired or appointed within an organization to settle disputes is called an - correct answer ombudsperson Violetta voluntarily goes for a ride with alfredo, who is drunk. a court would regard this as: - correct answer the assumption of the risk the tort of false imprisonment protects - correct answer mental and physical interests stare decisis - correct answer lends predictability ...