Questions from Business Law


Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. anticipatory breach b. impossibility of performance c. material alteration d. mitigation e. promissory note f. sp...

See Answer

Q: Laclede Gas Company purchased propane gas from Amoco Oil Company and sold

Laclede Gas Company purchased propane gas from Amoco Oil Company and sold it to various residential subdivisions. After the contract had been in operation for some time, Amoco refused to supply any mo...

See Answer

Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. conditional sales contract b. contract for labor and materials c. contract to sell d. insolvency e. reserve amoun...

See Answer

Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. disclaimer b. express warranty c. full warranty d. implied warranty e. limited warranty f. product liability g. c...

See Answer

Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. articles of incorporation b. corporation c. duty of care d. duty of loyalty e. partnership f. joint venture g. li...

See Answer

Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. assets b. bankruptcy c. creditor d. debtor e. default f. insolvency g. involuntary filing h. liabilities i. liqui...

See Answer

Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. bad check b. draft or bill of exchange c. cashier’s check d. certified check e. check f. drawee g. drawer h. hold...

See Answer

Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. arson b. bribery c. burglary d. extortion e. felony f. forgery g. misdemeanor h. perjury i. Ponzi scheme j. white...

See Answer

Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. bailee b. bailment c. bailor d. carrier’s lien e. common carrier f. consignee g. consignor h. constructive bailme...

See Answer

Q: Match each of the numbered definitions with the correct term in the

Match each of the numbered definitions with the correct term in the following list. a. beneficiary b. bequest c. codicil d. decedent e. devise f. executor g. holographic will h. inter vivos i. intesta...

See Answer