Questions from Business Law

Q: (a) Why are conditions important in understanding how and when

(a) Why are conditions important in understanding how and when contracts are performed? (b) List the three types of conditions that are most common in contractual performance.

Q: Why is an employment contract usually viewed as being divisible while a

Why is an employment contract usually viewed as being divisible while a construction contract is not considered divisible?

Q: (a) In terms of a gift, explain delivery and

(a) In terms of a gift, explain delivery and constructive delivery. (b) What is a testamentary gift?

Q: (a) Name three types of security interests in land and

(a) Name three types of security interests in land and explain them. (b) Discuss why recording mortgages and deeds of trust is so important. Why is recording less important in the case of the land sal...

Q: (a) Real estate is no longer defined as extending from

(a) Real estate is no longer defined as extending from the center of the earth to the heavens. Explain how modern property law imposes more limits. (b) If David tosses a ball across Laura’s yard, but...

Q: This chapter discusses five reasons for having administrative agencies. Give an

This chapter discusses five reasons for having administrative agencies. Give an example for each reason.

Q: (a) Why is the position of general counsel of an

(a) Why is the position of general counsel of an administrative agency so important? (b) What is the purpose of the administrative law judges within administrative agencies?

Q: What was the primary way the Sarbanes-Oxley Act increased the

What was the primary way the Sarbanes-Oxley Act increased the authority and capabilities of the SEC?

Q: Some commentators state that the concept of independence is the most important

Some commentators state that the concept of independence is the most important aspect of Sarbanes-Oxley. How is independence required and why is it critical to corporate governance?

Q: Describe the Sarbanes-Oxley provisions that require certification of financial statements

Describe the Sarbanes-Oxley provisions that require certification of financial statements and internal financial controls.