Questions from Business Law


Q: (a) Explain the two basic divisions of property.

(a) Explain the two basic divisions of property. (b) Martin sold his house to Cheryl. Later, when he tried to take the beautiful chandelier in the dining room, which had belonged to his grandparents,...

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Q: (a) Why are legal sanctions important in a property-

(a) Why are legal sanctions important in a property-based legal system? (b) What is the difference between a sanction and a remedy?

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Q: (a) What are the sanctions for criminal conduct.

(a) What are the sanctions for criminal conduct. (b) Name three purposes of criminal sanctions.

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Q: (a) What is the purpose of compensatory damages?

(a) What is the purpose of compensatory damages? (b) What is specific performance of a contract?

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Q: (a) What are the two premises of tort liability?

(a) What are the two premises of tort liability? (b) When are punitive damages appropriate in a tort case?

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Q: (a) What types of sanctions are used for the violation

(a) What types of sanctions are used for the violation of statutes and regulations? (b) What is an injunction?

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Q: Mary lost her billfold, which contained credit cards and an ATM

Mary lost her billfold, which contained credit cards and an ATM access card. She had written her pin number on a piece of paper, which was also in the billfold. Al found the billfold. He used the cred...

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Q: Susan, a partner in a CPA firm, prepares a federal

Susan, a partner in a CPA firm, prepares a federal income tax return knowing that it contains false information. Because the client wants the return prepared in this manner, Susan obtains the taxpayer...

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Q: A pharmaceutical company tried to boost its sales by encouraging doctors to

A pharmaceutical company tried to boost its sales by encouraging doctors to use its new drug, LDL Control, to treat high cholesterol. An important part of their sales pitch included paying for lavish...

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Q: The U.S. sentencing guidelines apply a mathematical formula to

The U.S. sentencing guidelines apply a mathematical formula to sentencing. How do the guidelines operate?

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