Questions from Business Law

Q: Distinguish between a third-party beneficiary and an incidental beneficiary,

Distinguish between a third-party beneficiary and an incidental beneficiary, and outline the rights of each.

Q: Discuss novation and how it differs from assignment.

Discuss novation and how it differs from assignment.

Q: Discuss termination of a contract by agreement.

Discuss termination of a contract by agreement.

Q: Explain the three types of termination by performance.

Explain the three types of termination by performance.

Q: Provide examples of contracts terminated by breach.

Provide examples of contracts terminated by breach.

Q: Explain how contracts can be terminated to protect consumers.

Explain how contracts can be terminated to protect consumers.

Q: Describe how title passes and discuss how bills of sale, bills

Describe how title passes and discuss how bills of sale, bills of lading, and warehouse receipts are involved in the passing of title.

Q: Explain the law governing title to lost or stolen goods.

Explain the law governing title to lost or stolen goods.

Q: List and provide examples of the functions of administrative agencies.

List and provide examples of the functions of administrative agencies.

Q: Define the principle of estoppel and provide examples of how this principle

Define the principle of estoppel and provide examples of how this principle is applied in various situations.