What is the difference between a merger and a consolidation?
> Which interests in land do not include any rights to possess the property?
> Which rights, privileges, and powers are held by an owner in fee simple?
> What is a fixture?
> Before a party can bring a lawsuit, what must he or she have?
> What are subsurface rights?
> What is the idea behind equitable redemption?
> What is the difference between a judicial foreclosure and a power of sale foreclosure?
> How can a bailor overcome a limit that a warehouse company places on its liability?
> On what does the degree of reasonable care required in a bailment situation depend?
> By what means can a bailee enforce his or her right to compensation?
> How can a bailment occur if the bailor does not voluntarily deliver the property to the bailee?
> Which type of property does a bailment involve?
> What is an estray statute?
> Who can claim title to lost property against the whole world, except the true owner?
> When do both federal and state courts have the power to hear a case?
> Who owns property after an accession?
> How can a gift be delivered when physical delivery is impossible?
> What types of owners share ownership rights simultaneously in particular property?
> If an insurance company does not act in good faith, what can the insured do?
> What does an incontestability clause provide?
> What general principles of law govern an insurance contract?
> How is insurance classified?
> When a broker deals with an applicant for insurance, the broker acts as an agent for whom?
> What is the primary effect of a discharge in bankruptcy?
> Who can be a debtor in a Chapter 7 proceeding?
> What is the principal difference between trial and appellate courts?
> Contrast international and national law.
> Why might a bankruptcy petition be dismissed?
> Where are bankruptcy proceedings held?
> What is an automatic stay?
> Why do lenders and borrowers often try to avoid foreclosure?
> When does a lender have the right to foreclose on mortgaged property?
> What important provisions should mortgage documents contain?
> What is the possible consequence to a lender of failing to record a mortgage?
> How does mortgage insurance protect a lender?
> What does a receiver do?
> What is a co-surety?
> Over what must a court have jurisdiction before it can hear a case?
> What is garnishment?
> What are a secured party’s basic remedies on a debtor’s default?
> In terms of a security agreement, what constitutes default?
> What is the floating lien concept?
> Discuss the scope of a security interest.
> When a corporation is dissolved, what are its creditors entitled to?
> What is a corporate takeover?
> Who must authorize corporate actions on extraordinary matters?
> When is a shareholder’s appraisal right available?
> What is a share exchange?
> What is the concept of corporate social responsibility?
> Whom can a debt-collection agency legitimately contact in an attempt to collect a debt?
> What are some fiduciary duties of directors and officers?
> What is the role of corporate officers?
> Why does a director have a right of inspection?
> Can a board delegate its responsibilities?
> How many directors constitute a quorum?
> How can a director be removed from his or her position?
> What is the principal advantage of a limited liability company?
> How does federal law protect investors in securities?
> What are the two fundamental approaches by which ethical business reasoning has traditionally been characterized?
> What does a business usually exchange for venture capital?
> What are securities?
> What are the consequences if the procedures for incorporation are not followed precisely?
> Why is a sole proprietorship the simplest form of business?
> How does a limited liability partnership differ from a limited partnership?
> What is the difference between a general partnership and a limited partnership?
> What are the effects of a partner’s dissociation from a partnership?
> What are some of the partnership rights of partners?
> What process is at the heart of the federal labor laws?
> To prevail on a disability claim, what must a plaintiff show?
> How should business decision makers proceed when the legality of a particular action is not clear?
> Under the ADA, what is a disability?
> What are some protections afforded by the federal age-discrimination law?
> What are the elements of a prima facie case under Title VII of the Civil Rights Act?
> Who does Title VII of the Civil Rights Act protect?
> When can an employer legally hire someone not authorized to work in this country?
> When are employers allowed to monitor employees’ use of electronic devices?
> Which federal law is concerned with child labor, minimum wages, and overtime?
> How much unpaid family or medical leave must an employer with fifty or more employees provide?
> What are the eligibility requirements for unemployment compensation?
> Once the relationship between a principal and agent ends, does the agent have the right to bind the principal?
> How does the Sarbanes-Oxley Act help to prevent unethical management decisions?
> When is a principal not liable to a third party on a contract entered into by an agent?
> Under what circumstances is a principal liable to a third party on a contract entered into by an agent?
> What is involved in an agent’s duty of loyalty?
> How does an employer-employee relationship differ from an employer-independent contractor relationship?
> What is an agency relationship?
> What federal act was passed to combat identity theft?
> What constitutes an unauthorized transfer under the Electronic Funds Transfer Act?
> If a customer loses a debit card and others use it to make unauthorized purchases, how much is the customer required to pay?
> What is a substitute check?
> Who suffers the loss when a bank pays a check bearing a forged indorsement?
> How can businesspersons encourage ethical conduct in their workplaces?
> What is the difference between a cashier’s check and a certified check?
> When an indorsement is forged or unauthorized, who bears the burden of loss?
> What are two situations in which unauthorized signatures arise?
> What is the key to liability on a negotiable instrument?
> In what circumstances will a holder be considered to have notice that an instrument is defective?
> What does it mean to take an instrument in good faith?
> What is the effect of a blank indorsement?
> When is an indorsement required?
