Questions from Business Law


Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 16. The law presumes that commercial paper was issued for value. 17. A subsequent holder of commercial paper can have no greater rig...

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Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 16. The writing a holder puts on the back of a negotiable instrument is known as a negotiation. 17. An endorsement of an instrument...

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Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 16. “Property” refers to both personal and real property. 17. Fixtures are additions to personal property. 18. Personal property can...

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Q: Explain the legal reasoning behind the concept of strict liability and weigh

Explain the legal reasoning behind the concept of strict liability and weigh its consequences for businesspeople and consumers.

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Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 11. A bailment requires that title pass at the time the bailment is created. 12. Bailments can be express or implied. 13. Anyone in...

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Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 16. A tenant can legally occupy a landlord’s property only with the consent of the landlord. 17. The tenant’s rights in rented prope...

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Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 16. The probate court is responsible for supervising the operation of a will and the settling of an estate. 17. When a person dies i...

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Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 6. A contract in which an employee agrees not to work for a competitor for a reasonable period of time is unenforceable. 7. A buyer...

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Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 6. Individuals making statements in chat rooms have an absolute right to privacy. 7. There are currently no laws prohibiting the use...

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Q: Indicate whether each of the following statements is true or false.

Indicate whether each of the following statements is true or false. 11. The purpose of criminal law is to compensate injured parties for their losses. 12. If a person’s reckless driving results in an...

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