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A bailment is the transfer of possession and control of pers…

A bailment is the transfer of possession and control of personal property to another with the intent that the same property will be returned later. 

Published August 25, 2021
Categorized as Uncategorized

Henrietta offers a $500 reward for the return of Fifi, her l…

Henrietta offers a $500 reward for the return of Fifi, her lost dog. Silas learns of the reward and finds and returns the dog. This is an example of a(n) ______________.: 

Published August 25, 2021
Categorized as Uncategorized

An express contract does not require any written or spoken i…

An express contract does not require any written or spoken indication of intent to enter into a contractual relationship.

Published August 25, 2021
Categorized as Uncategorized

Most contracts are discharged by performance.

Most contracts are discharged by performance.

Published August 25, 2021
Categorized as Uncategorized

Which of the following beneficiaries has no enforceable lega…

Which of the following beneficiaries has no enforceable legal rights? 

Published August 25, 2021
Categorized as Uncategorized

Under the RUPA, partner can sue another partner or the partn…

Under the RUPA, partner can sue another partner or the partnership itself to enforce his or her partnership rights as expressed in the RUPA or granted by the partnership agreement.  

Published August 25, 2021
Categorized as Uncategorized

My phone is sufficient for this class.  Although every campu…

My phone is sufficient for this class.  Although every campus has a computer lab available for all students to use, my phone is all I need.

Published August 25, 2021
Categorized as Uncategorized

Under the UPA, a _____ takes place whenever a partner leaves…

Under the UPA, a _____ takes place whenever a partner leaves the firm.

Published August 25, 2021
Categorized as Uncategorized

Jan signs the articles of incorporation for a corporation be…

Jan signs the articles of incorporation for a corporation being formed, and Tom wants to locate possible investors in the new corporation. Tom is a(n): 

Published August 25, 2021
Categorized as Uncategorized

ΔG represents the difference between the energy produced by…

ΔG represents the difference between the energy produced by the process, ΔH, and the energy lost to the surroundings, TΔS. This energy is available to do useful work by the process.  Hence it is called _______ energy.

Published August 25, 2021
Categorized as Uncategorized

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