Questions from Business Law

Q: (a) What are fungible goods? Give an example.

(a) What are fungible goods? Give an example. (b) Discuss why boundaries of use are sometimes difficult to determine.

Q: (a) What is the specific purpose of: (

(a) What is the specific purpose of: (1) the Clayton Act, (2) the Railway Labor Act, and (3) the Norris-LaGuardia Act? (b) Why did these laws not increase laborers’ bargaining power to the degree th...

Q: (a) Define law. Compare and contrast law and custom

(a) Define law. Compare and contrast law and custom. (b) What role do the courts and police play in the legal system?

Q: (a) Define the rule of law. How does the

(a) Define the rule of law. How does the rule of law differ from law as the commands of the state? (b) Explain why the rule of law is “an ideal rather than a complete fact.”

Q: (a) What is property? How does property differ from

(a) What is property? How does property differ from “resources”? (b) Why is property important to society? To private enterprise?

Q: (a) Explain why property can be thought of as the

(a) Explain why property can be thought of as the central concept underlying Western legal systems. (b) What does James Madison mean when he says we have property in our opinions “and free communicati...

Q: A group of environmentalists filed a lawsuit challenging commercial fishing in Glacier

A group of environmentalists filed a lawsuit challenging commercial fishing in Glacier Bay National Park and sued the secretary of the interior and the National Park Service in order to prevent more c...

Q: Smith, a resident of Michigan, was in Florida for a

Smith, a resident of Michigan, was in Florida for a business meeting where he was served with a divorce petition filed by his wife, who had moved to Florida recently. Smith objected to the Florida cou...

Q: Distinguish a public nuisance from a private nuisance. What does nuisance

Distinguish a public nuisance from a private nuisance. What does nuisance have to do with the common good? Discuss.

Q: What is the rule against perpetuities? What does it have to

What is the rule against perpetuities? What does it have to do with the common good?