Questions from Business Law

Q: Using examples, describe the operation of a typical administrative agency.

Using examples, describe the operation of a typical administrative agency.

Q: Discuss criticism of administrative agencies.

Discuss criticism of administrative agencies.

Q: The law requires that the parties be competent to enter into a

The law requires that the parties be competent to enter into a contract. Give an example of a party who lacks competence.

Q: The law requires that the purpose of a contract must be legal

The law requires that the purpose of a contract must be legal. Provide an example of a contract that would not be enforceable because it lacks legality of purpose.

Q: Provide an example of an agreement that would need to be in

Provide an example of an agreement that would need to be in writing to be enforceable.

Q: What are some circumstances that can lead to uncertainty in offers and

What are some circumstances that can lead to uncertainty in offers and acceptances, and how can they be avoided?

Q: What are some advantages of written offers and acceptances over spoken ones

What are some advantages of written offers and acceptances over spoken ones?

Q: Under what circumstances might a specific time be crucial to a transaction

Under what circumstances might a specific time be crucial to a transaction that would justify limiting the time for an offer or acceptance?

Q: When a definite time for acceptance has not been set, when

When a definite time for acceptance has not been set, when does the acceptance time terminate?

Q: Quinly and her husband, customers at Greenway Supermarkets, purchased several

Quinly and her husband, customers at Greenway Supermarkets, purchased several pounds of filet mignon and checked out their purchases at the newly installed self-scanners. The price listed on the packa...