Busi 301 Study guides, Class notes & Summaries
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BUSI 301 Liberty University -BUSI 301 Test 3 with verified answers graded A+
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BUSI 301 Liberty University -BUSI 301 Test 3 with verified answers graded A+Which of the following is NOT one of the six keys to running a successful meeting? - correct answer Making sure that each member is taking their own notes 
 
Symptoms of groupthink manifest in which three ways? - correct answer Overestimation of group's power, closed-mindedness, pressure toward uniformity 
 
A disadvantage of the rumor mill is - correct answer Both B and D 
 
Common tenants for developing and giving a s...
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BUSI 301 Unit 3 Test well answered to pass
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BUSI 301 Unit 3 Testagency law generally exists on the state statutory level and is based on the: - correct answer restatement (second) of agency 
 
indemnification - correct answer right of reimbursement from another for a loss suffered due to a third party's act or default 
 
vicarious liability - correct answer liability that a supervisory party (typically an employer) bears for the actionable conduct of a subordinate or associate (such as an employee) 
 
agency law - correct answer the body...
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BUSI 301 Liberty University -Business Law 301: Exam 3 with 100% correct answers
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BUSI 301 Liberty University -Business Law 301: Exam 3 with 100% correct answers Mediation - correct answer - satisfy mutual interests of the parties with the assistance of a mediator 
- mediator has no power 
- focus on needs rather than rights 
 
Typical Stages of Mediation - correct answer - Initial Contact 
- Beginning Mediation Session 
- Discuss Each Issue 
- Caucus may be necessary 
- final agreement in writing 
 
Initial Contact - correct answer - Educate Parties 
- Formal Agreement to me...
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BUSI 301 Exam #1 with complete solutions already passed
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BUSI 301 Exam #1 with complete solutions already passed 
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 to decisional law by relying on prior de...
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BUSI 301 Test 3 with verified answers
- Exam (elaborations) • 6 pages • 2024
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BUSI 301 Test 3 with verified answersWhich of the following is NOT one of the six keys to running a successful meeting? - correct answer Making sure that each member is taking their own notes 
 
Symptoms of groupthink manifest in which three ways? - correct answer Overestimation of group's power, closed-mindedness, pressure toward uniformity 
 
A disadvantage of the rumor mill is - correct answer Both B and D 
 
Common tenants for developing and giving a successful presentation include - correc...
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BUSI 301 Exam 2 Practice Questions 2024.
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BUSI 301 Exam 2 Practice Questions 2024. 
 
 
_____ is typically accomplished by attaching some event, known as a(n) ______ that must occur before a particular performance obligation is triggered. - CORRECT ANSWER Risk Allocation; Condition 
 
A(n) ______ means that an event that must occur before performance under a contract is due. - CORRECT ANSWER Condition Precedent 
 
If the elements of contract formation are satisfied, the contract must still:______. - CORRECT ANSWER be in writing under ce...
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BUSI 301 Liberty University -BUSI 301 (Business Law) Chapter 1 Concepts verified
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BUSI 301 Liberty University -BUSI 301 (Business Law) Chapter 1 Concepts verifiedLaw - correct answer A body of rules of action or conduct prescribed by controlling authority and having legal binding force 
 
In what type of terms should you think of law? - correct answer Broad terms 
 
What is the common characteristic of the current state of law? - correct answer It creates duties, obligations, and rights that reflect accepted views of a given society 
 
How is law classified? - correct answer ...
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BUSI 301 Exam 2 Advanced Questions & Answers 2024.
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BUSI 301 Exam 2 Advanced Questions & Answers 2024. 
 
 
_____ is typically accomplished by attaching some event, known as a(n) ______ that must occur before a particular performance obligation is triggered. - CORRECT ANSWER Risk Allocation; Condition 
 
A(n) ______ means that an event that must occur before performance under a contract is due. - CORRECT ANSWER Condition Precedent 
 
If the elements of contract formation are satisfied, the contract must still:______. - CORRECT ANSWER be in writin...
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BUSI 301 Week 5 Ch. 15 Liberty University - Question and answers correctly solved
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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....
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BUSI 301 - LAW Liberty University - Question and answers verified to pass
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BUSI 301 - LAW Liberty University - Question and answers verified to pass BUSI 301 - LAW 
 
 
A lack of genuine assent occurs in all of the following cases except:______. 
failure to reduce the contract to a writing. 
 
 
The signature of the ______ is the one element of contract formality that is uniformly required. 
party against whom enforcement is sought 
 
 
 
Brainpower 
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Imposing conditions to a contract helps the parties allocate or adjust _____ associated with performing a co...
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