2.99 See Answer

Question: Are only unconditional promises or orders


Are only unconditional promises or orders negotiable? If yes, why? If no, why not?


> How many directors constitute a quorum?

> How can a director be removed from his or her position?

> What is the principal advantage of a limited liability company?

> How does federal law protect investors in securities?

> What are the two fundamental approaches by which ethical business reasoning has traditionally been characterized?

> What does a business usually exchange for venture capital?

> What are securities?

> What are the consequences if the procedures for incorporation are not followed precisely?

> Why is a sole proprietorship the simplest form of business?

> How does a limited liability partnership differ from a limited partnership?

> What is the difference between a general partnership and a limited partnership?

> What are the effects of a partner’s dissociation from a partnership?

> What are some of the partnership rights of partners?

> What process is at the heart of the federal labor laws?

> To prevail on a disability claim, what must a plaintiff show?

> How should business decision makers proceed when the legality of a particular action is not clear?

> Under the ADA, what is a disability?

> What are some protections afforded by the federal age-discrimination law?

> What are the elements of a prima facie case under Title VII of the Civil Rights Act?

> Who does Title VII of the Civil Rights Act protect?

> When can an employer legally hire someone not authorized to work in this country?

> When are employers allowed to monitor employees’ use of electronic devices?

> Which federal law is concerned with child labor, minimum wages, and overtime?

> How much unpaid family or medical leave must an employer with fifty or more employees provide?

> What are the eligibility requirements for unemployment compensation?

> Once the relationship between a principal and agent ends, does the agent have the right to bind the principal?

> How does the Sarbanes-Oxley Act help to prevent unethical management decisions?

> When is a principal not liable to a third party on a contract entered into by an agent?

> Under what circumstances is a principal liable to a third party on a contract entered into by an agent?

> What is involved in an agent’s duty of loyalty?

> How does an employer-employee relationship differ from an employer-independent contractor relationship?

> What is an agency relationship?

> What federal act was passed to combat identity theft?

> What constitutes an unauthorized transfer under the Electronic Funds Transfer Act?

> If a customer loses a debit card and others use it to make unauthorized purchases, how much is the customer required to pay?

> What is a substitute check?

> Who suffers the loss when a bank pays a check bearing a forged indorsement?

> How can businesspersons encourage ethical conduct in their workplaces?

> What is the difference between a cashier’s check and a certified check?

> When an indorsement is forged or unauthorized, who bears the burden of loss?

> What are two situations in which unauthorized signatures arise?

> What is the key to liability on a negotiable instrument?

> In what circumstances will a holder be considered to have notice that an instrument is defective?

> What does it mean to take an instrument in good faith?

> What is the effect of a blank indorsement?

> When is an indorsement required?

> What is the difference between assignment and negotiation?

> What indicates that an instrument is payable on demand?

> Why is the study of business ethics important?

> What is the extent of the liability of a credit cardholder for unauthorized charges?

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

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

> What are three forms of deceptive advertising?

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

> What are four defenses to product liability?

> What types of defects are recognized in product liability law?

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

> What is product liability?

> How is the power of eminent domain invoked?

> When does an implied warranty of merchantability arise?

> What is an express warranty?

> What is a title warranty and when does it arise?

> According to the parol evidence rule, can evidence be used to explain or supplement the terms of a contract?

> When can a buyer or lessee sue to recover damages from a seller or lessor?

> When can a seller or lessor bring an action to recover damages from a buyer or lessee?

> In what situations can a buyer or lessee revoke his or her acceptance of goods?

> When and how does a buyer or lessee pay for goods?

> What is the perfect tender rule?

> What does tender of delivery require?

> How does international and U.S. law protect property rights in outer space?

> Under the UCC, in the case of a merchant, what does “good faith” mean?

> What can a party to a sales or lease contract obtain to protect against a financial loss if goods are damaged, destroyed or lost?

> Who bears the risk of loss when a sales or lease contract is breached?

> What determines who suffers a financial loss if goods are damaged, destroyed, or lost?

> In a transaction for a sale of goods subject to a shipment contract, when does title pass?

> If a contract calls for a sale or lease of goods that are already in existence, when does identification take place?

> What is the difference between legal and ethical standards? How are legal standards affected by ethical standards?

> In what circumstances might a tying arrangement be considered procompetitive?

> What are the ethical values underpinning antitrust laws, and why are those laws applied to tying arrangements in particular?

> What is an exclusive dealing contract?

> When are price-fixing agreements lawful under the Sherman Act?

> What is the difference between a per se violation and a violation that is analyzed using a rule of reason?

> What is a horizontal restraint?

> What is price discrimination?

> Does the modification of an agreement subject to the UCC need new consideration to be binding?

> What factors contributed to the initial ineffectiveness of the Sherman Act when it was first enacted?

> How does the Sherman Act affect international business?

> What is a monopoly?

> Is it ethical for an administrative agency to reverse or otherwise alter its policy when the change increases the financial burden on the regulated parties?

> Identify and briefly describe laws that make agencies more accountable through public scrutiny.

> How do courts hold agency authority in check?

> Given that an administrative law judge is a member of the agency prosecuting a case, what safeguards promote fairness?

> What is a major advantage of agency rulemaking?

> Why are most disputes resolved at, or soon after, the investigatory stage of an agency action?

> How does an agency use its investigative powers?

> How may the acceptance of an offer to buy, sell, or lease goods be made?

> What is “the administrative process”?

> How might the Internet expedite formal rulemaking procedures?

> How is an administrative agency created?

> What is a constructive trust?

2.99

See Answer