Stan is an investment manager. He has received money from various investors with a promise of very high returns on their investments. The invested money is not supplying enough capital in order to pay the returns promised so he has started using new investor’s money to pay older investors.
Applying the parole evidence rule
LLPs were created to
Stan is an investment manager. He has received money from various investors with a promise of very high returns on their investments. The invested money is not supplying enough capital in order to pay the returns promised so he has started using new investor’s money to pay older investors. By advertising and by word of mouth, people are anxious to invest with Stan because of the money being paid and with the influx of new investors he is able to continue operating. Stan is
There are several reasons why whistle blowing may not be protected on an international level. These include
Judicial review
In Lucy v. Zehmer, the two parties were drinking in a bar when Lucy offers to buy Zehmer’s farm. After some negotiation a written contract was executed. Zehmer claimed that the whole episode was only a joke and he never intended to sell the farm. The court determined that
What must Congress do first to establish an administrative agency?
Which of the following will be a valid defense in a strict products liability case?
Modern Corporation operates a steel mill. They have never contributed anything to the local community and they knowingly pollute both the air and river that runs by their mill. Their reasoning is that the cost to install pollution control devices would diminish their profits and they don’t support the community because they provide jobs and don’t think they owe anything else to the citizens in their area. Donating to the community would also diminish profits. Which theory of corporate social responsibility are they exhibiting?
Where a promise can only be accepted by the performance of the person to whom it is offered is an example of a/an
In which of the following scenarios would enforcement of specific performance be appropriate?
Assuming a business ethical dilemma, which statement best illustrates Gilligan approach suggested in her theory of “The Ethics of Care”?
With regard to the court, adequacy of consideration means
The three stripes on Adidas clothing represents a
Which of the following is not a general category of torts?
Which of the following promises ordinarily need not be in writing to be enforceable?
Which of these is not an administrative agency function?
Which of the following does not occur in appellate court trials?
KAM Corp has separate Codes of Ethics and Conduct. Each of the following would likely be included in their Code of Ethics except
Maria is the CFO of a company being investigated by the SEC for various alleged violations. Each of the following would constitute an obstruction of justice except
A trademark can be any of the following except a
Which of the following is not true of ADR proceedings?
Which of the following is rarely awarded in contracts cases?
Which of the following is categorized as informal ADR?
The FTC publishes a rule regulating TVs and Blu-Ray DVD players for public comment but revises it to include traditional DVD players also. Should the FTC republish the revision?
Assumption of risk is a defense to
Black’s Law Dictionary, as cited in the book defining the term law, includes each of the following except
Jurisprudence is defined as:
Jonathan has graduated and wants to start a business. Which business entity gives him the most complete and exclusive control over the business and any business decisions?
The moderate view of assessing corporate citizenship believes that
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