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Exam (elaborations)

Chapter 13- The Statute of Frauds Questions and Answers.
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December 2025

2025/2026

A+
Types of contracts that need to be in writing - Answer 1. Contracts involving interests in land 2. Contracts that cannot by their terms be performed within one year from the day after the date of formation 3. Collateral contracts, such as promises to answer for the debt or duty of another 4. Promises made in consideration of marriage 5. Under the uniform commercial code, contracts for the sale of goods prices at $500 or more Contracts involving land - Answer Ordinarily involve...
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Business law 3301-chapter 17 Questions and Answers 2025-2026.
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4

December 2025

2025/2026

A+
Did the trial court or the appellate court agree that Killen should be personally liable to the Hodges? a. Yes b. No - Answer b. No Because the plaintiffs in this case failed to render the defendant personally liable, what choices did they face? a. They could appeal the case to the Supreme Court because federal laws were involved. b. They could ask the judges of the appellate court to have the case retried. c. They could bring a lawsuit against Strong Built International, LLC. - An...
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Business law 3301-chapter 16-18 Test Questions and All Correct Answers 2025-2026 Updated.
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9

December 2025

2025/2026

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Did the Montana Supreme Court reverse the lower appellate court's ruling in favor of Daimler Trucks? a. Yes b. No - Answer b. No Suppose that Yellowstone County, Montana, experienced extreme drought for several growing seasons, causing numerous local farming businesses to go bankrupt or to reduce costs. Would such a scenario help or hinder S&P Brake Supply's argument that its franchise of new trucks should not be terminated? a. Probably help, because droughts typically cause fa...
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BLAW 3301: Hypotheticals 20.1 Study Guide Exam with Actual Answers 2025-2026 Updated.
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5

December 2025

2025/2026

A+
Erin works for a dry-cleaning company that has a contract with the U.S. government. To save on cleaning fluid, her boss orders her to wash some clothes that are supposed to be dry-cleaned in a washing machine. When the courier hired to pick up the cleaned garments arrives, Erin tells him about her boss' actions. Erin tells no one else about what is going on and is later fired. Erin: a. is protected by the whistleblower statute in her state because she spoke up about her employer's acti...
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Business Law: Brief Hypothetical 11.1 Study Guide Exam with Solved Solutions.
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5

December 2025

2025/2026

A+
Dilip has been asked to be part of the group that was responsible for drafting a uniform act relating to the sale and lease of goods, otherwise known as the: a. Global Conference of Commissioners on Uniform State Laws. b. International National Conference of Commissioners on Uniform State Laws. c. State Conference of Commissioners on Uniform State Laws. d. National Conference of Commissioners on Uniform State Laws. - Answer d. National Conference of Commissioners on Unif...
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Business law 3301-chapter 27 Test Questions All Answered Correct 2025-2026 Updated.
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5

December 2025

2025/2026

A+
Was the state intermediate appellate court in California in agreement with the lower court's decision? a. No b. Yes - Answer a. No Assume that Tinder had to use a separate, more costly computer program when it offered premium services to those users over age thirty compared to the program that it used for those under age thirty. Would Tinder have been able to argue in support of its differential pricing scheme more successfully? Why or why not? a. Perhaps, because differential pri...
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Business law 3301 EXAM 4 Test Questions 2025/2026 With Accurate Answers.
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December 2025

2025/2026

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Sole Proprietorship - Answer business owned and operated by one person; the owner is the business and the business is the owner Entrepreneur - Answer Someone who initiates and assumes the financial risk of a new enterprise Advantages of Sole Proprietorship - Answer sole owner low compliance right to all profits control only pays personal income taxes Disadvantages of Sole Proprietorship - Answer unlimited personal liability cannot be passed down after death ...
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Blaw Final Examination with Already Solved Solutions 2025-2026 Updated.
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13

December 2025

2025/2026

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Chapter 12 - Answer Reading (concepts and cases) - Answer Consideration - Answer The value given in return for a promise 2 Parts: 1. legally sufficient value given in exc for promise 2. must be a bargained-for exchange Legally Sufficient - Answer 1. promise with no prior legal duty to do 2.. performance tht otherwise not obligated 3. refraining from action legally allowed to FORBEARANCE Consideration in bilateral contract - Answer Promise in retur...
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BLAW 3301: Brief Hypotheticals 18.1 Final Exam Questions and All Correct Answers 2025-2026 Updated.
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11

December 2025

2025/2026

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Tammi purchases stock in Vivaldi Corporation. Vivaldi Corporation later encounters legal issues and faces significant legal claims. As a shareholder, Tammi's liability is: a. just like that of partners. b. unlimited. c. limited to a maximum of $50,000. d. limited to her investment in the stock. - Answer d. limited to her investment in the stock. The liability of shareholders is limited to the amount that they have invested in the corporation's stock. Tough TVs, a corpo...
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