Questions from Business Law


Q: Identify the circumstances under which a contract would be terminated by operation

Identify the circumstances under which a contract would be terminated by operation of law.

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Q: William Storey Sr. promised his nephew, William Storey II,

William Storey Sr. promised his nephew, William Storey II, that he would pay him $5,000 if his nephew avoided drinking, using tobacco, swearing, and playing cards and billiards for money until he beca...

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Q: Discuss the remedies for breach of contract, and provide examples of

Discuss the remedies for breach of contract, and provide examples of situations that would be appropriate for each remedy.

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Q: Explain how title and certificates of title relate to the concept of

Explain how title and certificates of title relate to the concept of ownership.

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Q: Distinguish between the two main types of property, and indicate which

Distinguish between the two main types of property, and indicate which one is subject to the law of sales.

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Q: Explain when title to goods passes.

Explain when title to goods passes.

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Q: Define conditional sales and identify the two types of conditions found in

Define conditional sales and identify the two types of conditions found in contracts for conditional sales.

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Q: Discuss sales by persons with possession of, but not title to

Discuss sales by persons with possession of, but not title to, goods.

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Q: Describe the passage of title to fungible goods.

Describe the passage of title to fungible goods.

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Q: Discuss the concept of title in relation to the law of sales

Discuss the concept of title in relation to the law of sales.

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