Questions from Business Law

Q: 1. A bill is vetoed by ___. A. the

1. A bill is vetoed by ___. A. the Speaker of the House B .a majority of the voting members of the Senate C. the President D. the Supreme Court 2. If a bill is vetoed, it may still become law if it is...

Q: When Steven was killed in an automobile accident, he left his

When Steven was killed in an automobile accident, he left his wife, Debra a life insurance policy for $60,000. She decided to move from Bunkie to Sulphur, Louisiana. Debra executed a document authoriz...

Q: 1. American Bakeries had a fleet of over 3,000

1. American Bakeries had a fleet of over 3,000 delivery trucks. Because of the increasing cost of gasoline, the company was interested in converting the trucks to propane fuel. It signed a requirement...

Q: 1. Guyan Machinery, a West Virginia manufacturing corporation, hired

1. Guyan Machinery, a West Virginia manufacturing corporation, hired Albert Voorhees as a salesman and required him to sign a contract stating that if he left Guyan he would not work for a competing c...

Q: Some laws give consumers the right to cancel certain contracts for any

Some laws give consumers the right to cancel certain contracts for any reason within a short period of time after entering into them. For example, consumers in the European Union can return anything p...

Q: Case law tells us that a course syllabus is not a binding

Case law tells us that a course syllabus is not a binding contract—but how about your school’s honor code? Under what conditions could an honor code be a contract?

Q: The day after Thanksgiving, known as Black Friday, is the

The day after Thanksgiving, known as Black Friday, is the biggest shopping day of the year. One major retailer advertised a “Black Friday only” laptop for $150. On Thanksgiving night, hundreds of peop...

Q: 1. Commercial Union Insurance Co. (CU) insured Redux

1. Commercial Union Insurance Co. (CU) insured Redux, Ltd. The contract made CU liable for fire damage, but stated that the insurer would not pay for harm caused by criminal acts of any Redux employee...

Q: 1. Lewis signed a contract for the rights to all timber

1. Lewis signed a contract for the rights to all timber located on Nine Mile Mine. He agreed to pay $70 per thousand board feet ($70/mbf). As he began work, Nine Mile became convinced that Lewis lacke...

Q: Ryan Leslie, a rapper, was distraught when someone stole his

Ryan Leslie, a rapper, was distraught when someone stole his computer and external hard drive because they contained some music he was writing. In an effort to retrieve his items, he created a series...