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Business law questions?

Question by Ledo2131: Business law questions?
1) Consequential damages are compensation for losses that occur as a foreseeable result of the breach. T or F.

2) A ____ contract is a promise given in exchange for another promise.
Answer
Question 6 answers
a. unilateral
b. collateral
c. mutual
d. bilateral

3) The Uniform Computer Information Transactions Act is a federal law.

True
False

4) The implied warranty of fitness for a particular purpose may apply to merchants and nonmerchants alike.

True
False

5)

The Agreement for Import and Export governs most international sales.

True
False

6)

Which of the following statements best describes an offer under the UCC?

a. An offer is contained in the standard business forms.
b. An offer is not defined by the UCC.
c. An offer is any writing sufficient to describe the goods.
d. An offer is an invitation to buy or sell between merchants.

7) Under the UCC, the buyer may reject any or all of the goods if the goods fail to conform to the contract.

True
False

8) What must a plaintiff show to successfully sue for malicious prosecution?

a. That a prior proceeding was instituted against him or her maliciously and without probable cause or factual basis.
b. That a prior proceeding was instituted against him or her maliciously and without probable cause or factual basis, and that the earlier case was resolved in the plaintiff’s favor.
c. That a prior proceeding was instituted against him or her negligently and that the earlier case was resolved in the plaintiff’s favor.
d. None of the responses are correct

9) Trespass to personal property and conversion are different names for the same tort.

True
False

10)

Which of the following is true regarding assault?

a. Assault is an intentional, nonconsensual act that gives rise to the fear that a harmful or offensive contact is imminent.
b. Assault is a negligent, nonconsensual act that gives rise to the fear that a harmful or offensive contact is imminent.
c. Assault is an intentional, nonconsensual act that gives rise to the apprehension that a harmful or offensive contact is imminent.
d. Assault is a negligent, nonconsensual act that gives rise to the apprehension that a harmful or offensive contact is imminent.

11) An employer may not be held directly liable under tort law for failure to use care in issuing a reference.

True
False

12)

Under strict liability the defendant’s ____ is irrelevant.

a. due care
b. intent
c. fault
d. all of the responses are correct

Best answer:

Answer by michr
God i miss having to do homework…………

have you done the assigned reading?
do you take notes in class?
do you ask questions of your teacher when you don’t understand?

do you always wait to the last minute to complete an assignment?

do you really trust your grades to people you don’t know, who answer questions like these out of context, with no statement of jurisdiction and who have no way to prove their expertise?

Add your own answer in the comments!