Extra business law practice

Which is a contractual situation in which consideration does not apply

A charitable pledge

This contract involves a set of competitors agreeing to sell their product at a certain price

Agreement involving price fixing

The legal doctrine stating that the master is responsible for the torts of his or her

Respondeat superior

Notice given directly to a 3rd party, usually by certified mail, is called

Actual notice

If a principal does not blank to the duties set fourth, he or she may be liable to the agent or third party

Adhere

A yellow dog contract is

An illegal contest that forces workers to agree not to join a union as a condition of employment

An agency can end by acts of the parties, including

Completion of performance

If the principal interferes with the agents performance, the principal has breached the duty of blank

Cooperation

An blank agency means the agency can't be revoked until the agent is paid fully

Irrevocable

If an agent had an interest in the subject matter of an agency, the agency is

Irrevocable

What are the values that govern a group's ideas about right and wrong

Morality

In juvenile courts, hearing are informal, which means they are

More casual and less formal

An agency relationship can be ended by blank consent

Mutual

An agency can end by operation of law, which includes all of the following except

Mutual consent or agreement

Which of the following is not a type of agent special agent, general agent, agents agent, or new agent

New agent

What are the moral rules that most people know without thinking about them

Real-world ethics

The assumption that a person has the capacity to enter into a contract is called

Rebuttable presumption

In this contract, an offer is made on Saturday and accepted on Sunday

Sunday statute

This agreement involves a lender charging more than the maximum legal interest rate

Usury statute

The blank requires employers to negotiate wages, hours, and conditions of employment with unions

Wagner act

T or f An agency relationship can be terminated by operation of law or by the acts of the parties

True

T or f an agency relationship can be terminated if the agent or principal becomes incapacitated or ill

True

T or f an agency relationship will end through impossibility of performance if the subject matter of the contract is destroyed

True

When apparent authority is based on previous dealings what is it known as

Customary authority

Which of the following is a type of a power of attorney a super power of attorney, a limited power of attorney, an apprehensive power of attorney

A limited power of attorney

What is conciliation

A negotiation where the intermediary meets separately with the parties involved

This violation involves a government official using their position for private gain

Agreement inducing breach of duty or fraud

This agreement requires one party to refrain from contacting family members

Agreement interfering with marriage

This agreement involves firms agreeing not to bid lower than a certain price on government projects

Agreement that defeats competitive bidding

This agreement limits the ability of one party to bring a lawsuit against the other

Agreement to give up the right to litigate or arbitrate

This agreement involves offering to pay a juror to find a defendant not guilty

Agreement to obstruct justice

Who appoints an agents agent

Another agent

Bankruptcy gives a trustee title to the principal's property for the blank of creditors

Benefit

This agreement requires one party to commit a tort or a crime

Civil and criminal statutes

A liable partner is one of the 5 types of partners recognized by law

False

Sole Proprietorship must pay taxes as a business

False

T or f Notice by publication is usually sent through the mail

False

T or f bankruptcy gives a trustee title to the principal's property for the benefit of debtors

False

T or f when the parties have fully carried out their duties, the agency relationship is said to be ended by operation of law

False

T or f when the principal goes bankrupt, the agency relationship is said to end by the acts of the parties

False

T or fIrrevocable agency means the agent may withdraw from the relationship at any time

False

This contract involves one party attempting to collect a gambling debt from another

Gambling statute

Usury is an example of an activity that

Has the hidden dimension of illegality

Which act prohibits discrimination in employment based on race, color, religion, sex, or national origin

The civil rights act of 1964

Which acts regulates the employment of minors

The fair labor standards act

Which of the following is not a special agent counterperson at a video store, a pizza delivery person, a car salesperson, the owner of a company

The owner of a company

Juvenile courts are not apart of the federal court system

True

Partnerships may be formed by agreement or by proof of existence

True

Empathy means

To put yourself in another persons position

A mediator

Tried to persuade the parties to a compromise

A joint venture is a business enterprise in which two or more participants combine in order to complete a single task

True

Which of the following is not a type of consideration money property writing a fair contract or a promise not to sue

Writing a fair contract