Questions from Business Law

Q: Explain the similarities and differences between administrative agencies and governments.

Explain the similarities and differences between administrative agencies and governments.

Q: Discuss criticism of administrative agencies.

Discuss criticism of administrative agencies.

Q: Explain the status of contracts and differentiate between executory and executed contracts

Explain the status of contracts and differentiate between executory and executed contracts.

Q: Explain and provide examples of the three requirements for a valid offer

Explain and provide examples of the three requirements for a valid offer.

Q: Distinguish between bids, advertisements, and public offers, and describe

Distinguish between bids, advertisements, and public offers, and describe how each relates to offer and acceptance.

Q: Identify the elements of fraud.

Identify the elements of fraud.

Q: Describe the purpose of administrative agencies.

Describe the purpose of administrative agencies.

Q: Describe duress and the forms that such may take.

Describe duress and the forms that such may take.

Q: Define contracts of adhesion and describe the conditions under which these contracts

Define contracts of adhesion and describe the conditions under which these contracts are voidable.

Q: Explain consideration and define forbearance.

Explain consideration and define forbearance.