The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
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Question
Chapter 18, Problem 1CT
Summary Introduction
Case s ummary : Company DM entered into a contract with company P to sell certain products. Company DM promised to ship the goods to the place of business of company P. Company P refused to make the payment for some of the goods. Company DM filed a suit against P for the breach of contract. The company claimed that DM didn’t obtain a certificate of authority. P claimed that DM had no right to sue in the state court.
To find: The reason for which company P can be permitted to go away without paying the debt of company DM.
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5.
The role of the judicial authority is to
A) Set the law
B) Execute the law
C) Apply the law to settle disputes
D) Amend the law
A sale contract organized by the notary public is considered a(n)
A) Unilateral
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B) Simple
C) Formal
D) One-sided
Law of contract is about
A) Enforcement of promises
B) Underestimating juristic persons
C) Imposing finesuolinninrézá
D) Calculating profits
contract.
Differentiate devisee and legatee.
The sale or transfer of a partner's transferable interest is a(n)
act of the partner.
Multiple Choice
involuntary
state-mandated
voluntary
federally mandated
Chapter 18 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
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