Business Law Question

Please select two of the following questions and compose an essay of at least 1200 words for each question. Please compose a essay. Outlines or bullet points, however detailed, will not be accepted. 

You may organize and present your answer in whatever fashion you believe would be most effective. You do not have to present your answer to mirror the question. Just say what needs to be said. We will discuss the questions in class, and I will be pleased to help in any way that I can before the exam is due. Just contact me and I will try to help.

1. Discuss the law of intellectual property. What are the major categories of the law?

How do they operate to protect intellectual property? Are there significant problems with this category of the law that you can identify?

2. Two of the basic forms or structures by which businesses are organized are the partnership and the corporation. Both may share some similarities, but the differences have been our focus. Select what you consider to be the most important criteria of comparison and compare and contrast these two forms of organizations. In addition, please comment on the advantages and disadvantages of each form. Are there any significant reforms that you believe should be made in the law concerning these two forms?

3. Contract law is obviously a basic component of the law regulating the conduct of business. What are the required elements of a valid contract? What purposes are served by these requirements? How are breaches of contract treated by the law?

Select some relevant examples and illustrate some of the ways in which contract law regulates property relationships and business organizations.

4. Tort law constitutes a basic component of the law regulating business. Explain the legal grounds for tort liability. What kinds of behavior create tort liability? How is tort liability ascertained and processed by courts? What purposes are served by defining these categories of liability? Select some relevant examples and illustrate some of the ways in which tort law regulates property relationships and business organizations.

5. Individuals own real property according to various legal classifications or categories.

We distinguish between possessory and non-possessory interests. Please describe the various categories of possessory and non-possessory interests. How are they similar?

How are they different? How are they related to each other? Explain possessory and non-possessory interests.

6. Real property can be transferred in a variety of ways. These include:

contract of sale deeds

secured transactions adverse possession

public and private controls decedents’ estates

Discuss these methods of transferring property. What are their features? How are they similar? How are they different?

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