Top Business Law Flashcards

What Are The Effects Of Mistake In Contracts In Business Law Flashcards

Cards: 39| Attempts: 37| Last updated: Mar 31, 2021

Some Mistakes Make Contracts

Defective. .

Mistakes Are Classified As

Unilateral Or Mutual

Some Courts Classify A Mutual-mistake Contrac...

Void And Some Classify Such Contracts As Void...

Generally, A Unilateral Mistake Has No Effect...

The Non-mistaken Party Had Cause To Know Or K...

Business Law Of Jurisdiction Flashcards

Cards: 5| Attempts: 34| Last updated: Mar 31, 2021

True/False The U.S. Supreme Court Ahs Appella...

False: The Case Has To Involve Federal ...

Judicial Review

-Acts As A Check On Other Two Branches (deter...

Basic Judicial Requirements

-Jurisdiction Over The Person (Or Property) -...

Snidely Whiplash Sells Products That Are Poor...

B. Standing

Business Law Chapter Two

Cards: 38| Attempts: 25| Last updated: Apr 6, 2017

Original Jurisdiction

The Power To Hear And Decide Cases When They ...

Trial Court

Have The Power To Hear And Decide Cases When ...

Appellate Jurisdiction

The Power To Review Previous Judicial Decisio...

Appellate Court

Don't Hold Trials; Appellate Court Judges Rev...

Various Clauses For A Contract Flashcards

Cards: 166| Attempts: 22| Last updated: Aug 25, 2020

1. &...

B. &...

2. &...

A. &...

3. &...

A. &...

4. &...

B. &...

Dynamic Business Law: The Essentials CH1-2

Cards: 61| Attempts: 9| Last updated: Sep 22, 2015

Business Law

The Enforceable Rules ...

Law

Rules That Are enforceable by The C...

Private Law

Laws Between Private I...

Public Law

Laws Between Priva...

Trade Mark In Business Law Flashcards

Cards: 5| Attempts: 9| Last updated: Mar 31, 2021

U.S. Constitution

Article 1, "To Promote The Progress Of S...

Why Has Intellectual Property Become So Impor...

The Value Of Many Corporations Is Based Prima...

Original, Inc. Sells Its Product Under The Na...

D. Trademark Infringement

Trademark

Any Distinctive Word, Name, Symbol, Or Device...

Basic Business Guidelines And Law Flashcards

Cards: 84| Attempts: 7| Last updated: Mar 31, 2021

Business Tort

Any Wrongful Interfences With The Business Ri...

Tortfeasor

The One Commiting The Tort

Assault

Any Intentional, Unexcused Act That Creates I...

Battery

The Completion Of The Act That Caused Apprehe...

BUS LAW TEST

Cards: 39| Attempts: 6| Last updated: Sep 18, 2015

Once A Mentally Impaired Person Regains His...

TRUE

One Of The Primary Reasons For Not Enforcin...

TRUE

A Court Will Not Enforce Illegal Agreements...

TRUE

A Person Who Claims To Have Been Victimized...

TRUE

Business Law: Chapter 4

Cards: 5| Attempts: 6| Last updated: Sep 22, 2015

Articles Of Confederation And Perpetual Union

-Before The Revolutionary War, STATES Wanted ...

Articles Of Confederation: Problems

-Laws Passed By The Various States Hampered C...

U.S. Constitution

-On March 4, 1789, The Government Under The C...

U.S. Constitution: Supremacy Clause

-Article VI -"This Constitution, And The...

Business Law Exam 1 Flashcards

Cards: 42| Attempts: 5| Last updated: Aug 25, 2020

One Purpose Of The Law

To Settle Disputes In A Civil Matter

How Does Stability And Predictability Affect ...

Ensures Success In Business

2 Types Of Common Law Courts

Court Of Law- Awards Money Courts Of Equity-...

Substantive Laws

Creates Laws And Duties

Business Law Exam 3

Cards: 40| Attempts: 5| Last updated: Sep 22, 2015

Bible Did Legal Work For Jones And Billed $...

False – This Is An Unliquidated Debt Beca...

X University Sent Smith An Offer To Be Acce...

False – Unless There Is A History Of Deal...

. X University Sent Smith An Offer To Be Ac...

False – Smith’s June 5 Letter Was A Cou...

Abel’s Car Hit Baker’s. Baker Sued For ...

The Answer Was Meant To Be False – Per Th...

Business Law Chapter 1

Cards: 23| Attempts: 5| Last updated: Sep 22, 2015

The Belief That Government And The Legal Syst...

Defined By Legislation. Example: Gambling

Possitivous Law

Advocated A Less Abstract And More Pragmatic ...

Legal Realism

How Judges Apply The Law To Cases Depend On T...

Schools Of Jurisprudential Thought

Business Law Chapter 23

Cards: 7| Attempts: 4| Last updated: Sep 18, 2015

Sellers And Lessors Are Obligated To _______ ...

Transfer And Deliveraccept And Pay(good Faith...

Good Faith

Honesty In Factin Transaction Between Merchan...

Perfect Tender Rule

States That If Goods Or Tender Of Delivery Fa...

Tender Of Delivery

Requires That The Seller/lessor Have And Hold...

Chapter 1 Business Law

Cards: 11| Attempts: 4| Last updated: Sep 22, 2015

Federal Administrative Agencies Specify The P...

False

Common Law Is A Term For The Law That Is Deve...

True

Judges Use Precedent When Deciding A Case In ...

True

Money Is A Remedy At Law

True

Business Law - Contracts (Offer And Acceptance)

Cards: 24| Attempts: 4| Last updated: Sep 18, 2015

What Is A Contract?

A Contract Is An Agreement That Courts Will E...

What Is The First Element Of A Contract?

The First Element Is Offer.

What Is Offer?

An offer Is A proposal.

Who Are The Two Parties Involved In A Contrac...

The Two Parties Are The Offeror And The Offer...

Business Law GBA 231 Module 2 Flashcards

Cards: 111| Attempts: 4| Last updated: Aug 25, 2020

Federal System

The System Of Government In Which A Central G...

Constitution

A Body Of Principles That Establishes The Str...

Tripartite

Thre-part Division Of Government.

Legislative Branch

The Branch Of Government (e.g., The Congress)...

Define These Business Contract Terms Flashcards

Cards: 41| Attempts: 4| Last updated: May 13, 2020

Bilateral Contract

Promise Given In Exchange For Another Promise

Unilateral Contract

Promise Given In Exchange For An Action Or Re...

Requirements For Valid Consideration

Bargained For; Legal Sufficiency; Mutuality

Illusory Promises

Imposes No Contractual Obligation On Promisor...