Graded Homework

Saint MBA535 Module 1 Essay Exam 1 latest 2016 august

1. Question : What is the degree of liability for the common carriers and what exceptions, if any, exist? Question 2. Question : What is a bailment generally? How is a bailment created? Question 3. Question : How may personal property by acquired by accession? Define confusion of property. Question 4. Question : Set forth the distinctions between common carriers and private carriers. Question 5. Question : Define personal property. What distinguishes tangible personal property from intangible personal property? Question 6. Question : Must there always be a stated price under the UCC to have a contract? Question 7. Question : How are sales of goods and sales of services treated differently under the UCC?

Saint MBA535 Module 2 Essay Exam 2 latest 2016 august

1. Question :

What items
must be included in either type of deed?

Question 2. Question :

In what
manner does the tenancy by entirety differ from the tenancy in common?

Question 3. Question :

How does the
quitclaim deed differ from the general warranty deed?

Question 4. Question :

How does the
legal notion of tenancy in common function?

Question 5. Question :

How is real
property transferred?

Question 6. Question :

How does real
property differ from personal property and what distinguishes real property?

Question 7. Question :

How does a
deed of trust differ from a mortgage?

Saint MBA535 Module 3 Essay Exam 3 latest 2016 august

1. Question :

How does a
valid offer to contract differ from an invitation to make offers or enter into
a contract? What are the requirements of the legally sufficient offer?

Question 2. Question :

Describe in
detail the process of rule-making for agencies.

Question 3. Question :

The bilateral
contract consists of the exchange of mutually binding promises made by each of
the parties where BOTH parties become bound immediately upon the exchange of
the promises. How does the unilateral contract work and at what point are both
parties considered bound by the contract?

Question 4. Question :

In the United
States, most business regulation is governed directly by Federal and State
Agencies. Why is this the case? Why do agencies exist at all? What types of
activities are these agencies involved in and what powers of enforcement do
they have generally?

Question 5. Question :

Set forth the
five minimum requirements for the legally recognized business contract.

Question 6. Question :

Distinguish
the valid contract, void agreement and voidable contract. Next, clarify the
demarcation between the express and implied contract. Finally, in what manner
does the formal contract differ from the simple contract, and executory
contract from the executed contract?

Question 7. Question :

How long do
valid offers remain in effect and what are the options to the offeree?

Saint MBA535 Module 4 Essay Exam 4 latest 2016 august

Question 1. Question :

Define
promissory estoppel and explain how this may serve as an exception to the
normal consideration requirement imposed on each of the parties. Give an
example of promissory estoppel.

Question 2. Question :

How may
mental incompetence affect whether each of the parties to a contract are bound?

Question 3. Question :

What is the
legal theory of consideration in contracts? Is the issue of the adequacy of
consideration ever an issue in contract law? Must both parties provide
consideration for a contract to be formed?

Question 4. Question :

What is the
legal notion of the disaffirmance of a contract by a minor and how does this
work?

Question 5. Question :

If an adult
chooses to contract with a minor, are there any actions that the adult can
insist upon to make the contract more binding?

Question 6. Question :

Is a partial
payment of a debt on a prior contract considered consideration? What
constitutes invalid or insufficient consideration?

Question 7. Question :

May a minor
contract with an adult? If so, what type of contract will be formed and how
will it impact each of the parties? Do any exceptions exist?

Saint MBA535 Module 5 Essay Exam 5 latest 2016 august

Question 1. Question :

Explain the
Parole Evidence Rule and describe how it may be applied.

Question 2. Question :

What
contracts are specifically required to be in writing under the Statute of
Frauds?

Question 3. Question :

Define
“Unilateral Mistake” and “Mutual Mistake.” Compare and
contrast each. When may each justify invalidating a contract?

Question 4. Question :

What is Undue
Influence and how may it affect a contract?

Question 5. Question :

Distinguish
Fraud in the Inducement and Fraud in the Execution. Further, explain the
fundamental aspects of Active Fraud, Passive Fraud and Innocent
Misrepresentation.

Question 6. Question :

Define
Physical Duress, Emotional Duress and Economic duress. Describe when duress of
each type may be allowed to cause the contract to become voidable.

Saint MBA535 Module 6 Essay Exam 6 latest 2016 august

1. Question :

Distinguish
between the two primary types of negotiable instruments, the promissory note
and the draft.

Question 2. Question :

Do all
partnerships require a written partnership agreement? What duties and rights
belong to the individual partnership owners?

Question 3. Question :

What are the
primary forms of checks?

Question 4. Question :

What are the
fundamental distinctions of the general partnership and the limited liability partnerships?

Question 5. Question :

What are the
five primary forms of notes?

Question 6. Question :

How is the
sole proprietorship formed? What legal requirements, if any, must be met, such
as licensing, registration, etc. in order to initiate a sole proprietorship?
What are the primary advantages and disadvantages of the sole proprietorship?

Question 7. Question :

Describe the
differences between the corporate business entity and that of the partnerships
and sole proprietorship.

Saint MBA535 Module 7 Essay Exam 7 latest 2016 august

1. Question :

Define and
distinguish the public corporation, the private not-for-profit corporation and
the private for Profit Corporation

Question 2. Question :

What are the
articles of incorporation?

Question 3. Question :

What powers
of agency may a promoter have in the formation of the corporation and what
limitations of powers may exist? What is an agency relationship and who are the
parties to that relationship?

Question 4. Question :

What act or
actions could result in the automatic dissolution of a partnership? What was the
common law rule on partnerships’ dissolution and how has it been somewhat
modified by the Revised Uniform Partnership Act? Are all partnerships still
terminated automatically upon any act of refusing to be associated with a
partnership?

Question 5. Question :

If
dissolution occurs, how is the former partnership to proceed? What is the
winding up period?

Question 6. Question :

Under what
circumstances would partnership dissolution occur?

Question 7. Question :

How is the
private for-profit company formed?

Saint MBA535 Module 8 Essay Exam 8 latest 2016 august

Question 1. Question :

Distinguish
between common stock and preferred stock.

Question 2. Question :

Consider and
propose how this course may assist you in further applying the Saint Leo
University core values of Responsible Stewardship and Personal Development into
your personal life outside of your livelihood.

Question 3. Question :

Explain in
your own words how what you have learned in this course that will help you to
integrate the Saint Leo University core values of Responsible Stewardship and
Integrity into your professional business life.

Question 4. Question :

What is a
stock option and how does such an option operate?

Question 5. Question :

Explain the
notion of the Quorum and its impact upon the voting actions of the
shareholders.

Question 6. Question :

How is
ownership of for-profit corporations obtained and recognized by law?

Question 7. Question :

How is a
stockholder’s meeting conducted and what are the basic ground rules?