The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 363 Weeks Ago, 1 Day Ago |
| Questions Answered: | 20103 |
| Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Hi Olivia,
can you answer to these questions please
Which of the following is a false statement?
|  A limited liability company in the U.S. offers the limited liability of a corporation. |
| A limited liability company must be formed in accordance with uniform federal law in the United States. |
| In some states in the U.S., one-member limited liability companies are permissible. |
| Unless otherwise agreed, the members of a joint venture share profits and losses equally |
Â
1-Which of the following is a true statement?
| A. | Contractual capacity is not needed for the principal in a principal-agent relationship. |
| B. | One characteristic of independent contractors is that they can never also be agents and thus enter into contracts on behalf of a principal. |
| C. | Even when an employee is an employee at-will, statements made in the employer's policy and procedure manual may give employees implied-in-fact contracts right that limit the circumstances under which the employer can discharge the employee. |
| D. | A power of attorney requires that the agent with the power be an attorney licensed by at least one state bar association as well as the federal bar association |
2-Which of the following are required elements to the common law tort of negligence?
| a. | Duty and breach of duty |
| b. | Factual and proximate (also called legal) causation |
| c. | Damages |
| d. | All of the above. |
Â
3-Under Article II of the UCC a seller may not
| Withhold delivery |
| Seize the good back on his or her own |
| Stop delivery in transit |
| Sell the goods |
4-Which of the following is a true statement?
| A. | A promise that contains a condition that must be met before the promise is binding is known as a covenant-not-to-compete. |
| B. | In a condition subsequent, the duty of performance is discharged upon the failure to meet a condition after the duty to perform has already arisen. |
| C. | An accord and satisfaction cannot discharge a contract. |
| D. | The doctrine of commercial impracticality allows the discharge of a contract only if it is actually impossible to perform the contract. |
| a. | Mutual agreement and consideration |
| b. | Capacity and legality |
| c. | A writing if the Statute of Frauds applies |
| d. | All of the above. |
|               A contract to be performed in less than one year.            |
|               A contract involving the sale of land.            |
|               A contract for the sale of goods over $500.            |
| A guaranty contract to pay someone else's debt if they fail to. |
7-A law passed by a state to give its courts jurisdiction over persons and businesses located in other states in known as:
| Total jurisdiction statute. |
| Venue statute. |
| Long-arm statute. |
|
In personam statute. |
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l