Questions from Business Law


Q: Cite some examples of how unethical behavior in our world has negatively

Cite some examples of how unethical behavior in our world has negatively affected business practices.

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Q: Describe the requirement of probable cause under the Fourth Amendment.

Describe the requirement of probable cause under the Fourth Amendment.

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Q: Name four advantages and two disadvantages of organizing as a sole proprietorship

Name four advantages and two disadvantages of organizing as a sole proprietorship.

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Q: Explain how an agency may be terminated.

Explain how an agency may be terminated.

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Q: Identify the four forms in which businesses are generally organized.

Identify the four forms in which businesses are generally organized.

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Q: Explain the differences between a limited partnership and other partnerships.

Explain the differences between a limited partnership and other partnerships.

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Q: List some examples of exempt property under Chapter 7 of the federal

List some examples of exempt property under Chapter 7 of the federal bankruptcy law.

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Q: List some examples of priority debts under a Chapter 13 bankruptcy.

List some examples of priority debts under a Chapter 13 bankruptcy.

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Q: Describe the process used in a Chapter 11 bankruptcy.

Describe the process used in a Chapter 11 bankruptcy.

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Q: Explain the two ways in which commercial paper differs from ordinary contracts

Explain the two ways in which commercial paper differs from ordinary contracts.

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