Questions from Business Law


Q: When does an implied warranty of merchantability arise?

When does an implied warranty of merchantability arise?

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Q: How is the power of eminent domain invoked?

How is the power of eminent domain invoked?

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Q: What is product liability?

What is product liability?

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Q: How does negligence-based product liability differ from strict product liability

How does negligence-based product liability differ from strict product liability?

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Q: What types of defects are recognized in product liability law?

What types of defects are recognized in product liability law?

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Q: What are four defenses to product liability?

What are four defenses to product liability?

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Q: Which federal agency is empowered to prevent unfair and deceptive trade practices

Which federal agency is empowered to prevent unfair and deceptive trade practices?

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Q: What are three forms of deceptive advertising?

What are three forms of deceptive advertising?

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Q: Which federal rule protects consumers who buy goods over the phone,

Which federal rule protects consumers who buy goods over the phone, through the mail, or online?

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Q: Which federal agency oversees the practices of banks, mortgage lenders,

Which federal agency oversees the practices of banks, mortgage lenders, and credit-card companies?

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