Exam 2: The Court System and Dispute Resolution
Exam 1: The Nature and Sources of Law56 Questions
Exam 2: The Court System and Dispute Resolution57 Questions
Exam 3: Business Ethics, Social Forces, and the Law52 Questions
Exam 4: The Constitution As the Foundation of the Legal Environment55 Questions
Exam 5: Government Regulation of Competition and Prices48 Questions
Exam 6: Administrative Agencies58 Questions
Exam 7: The Legal Environment of International Trade57 Questions
Exam 8: Crimes57 Questions
Exam 9: Torts57 Questions
Exam 10: Intellectual Property Rights52 Questions
Exam 11: Cyberlaw52 Questions
Exam 12: Nature and Classes of Contracts: Contracting on the Internet53 Questions
Exam 13: Formation of Contracts: Offer and Acceptance53 Questions
Exam 14: Capacity and Genuine Assent44 Questions
Exam 15: Consideration49 Questions
Exam 16: Legality and Public Policy47 Questions
Exam 17: Writing, Electronic Forms, and Interpretation of Contracts59 Questions
Exam 18: Third Persons and Contracts51 Questions
Exam 19: Discharge of Contracts57 Questions
Exam 20: Breach of Contract and Remedies58 Questions
Exam 21: Personal Property and Bailments53 Questions
Exam 22: Legal Aspects of Supply Chain Management53 Questions
Exam 23: Nature and Form of Sales53 Questions
Exam 24: Title and Risk of Loss40 Questions
Exam 25: Product Liability: Warranties and Torts53 Questions
Exam 26: Obligations and Performance41 Questions
Exam 27: Remedies for Breach of Sales Contracts52 Questions
Exam 28: Kinds of Instruments, Parties, and Negotiability52 Questions
Exam 29: Transfers of Negotiable Instruments and Warranties of Parties52 Questions
Exam 30: Liability of the Parties Under Negotiable Instruments53 Questions
Exam 31: Checks and Funds Transfers53 Questions
Exam 32: Nature of the Debtor-Creditor Relationship53 Questions
Exam 33: Consumer Protection52 Questions
Exam 34: Secured Transactions in Personal Property52 Questions
Exam 35: Bankruptcy52 Questions
Exam 36: Insurance51 Questions
Exam 37: Agency53 Questions
Exam 38: Third Persons in Agency51 Questions
Exam 39: Regulation of Employment53 Questions
Exam 40: Equal Employment Opportunity Law53 Questions
Exam 41: Types of Business Organizations56 Questions
Exam 42: Partnerships59 Questions
Exam 43: LPS, LlCS, and LlPS44 Questions
Exam 44: Corporate Formation50 Questions
Exam 46: Securities Regulation56 Questions
Exam 47: Accountants Liability and Malpractice51 Questions
Exam 48: Management of Corporations53 Questions
Exam 49: Real Property53 Questions
Exam 50: Environmental Law and Land Use Controls54 Questions
Exam 51: Leases51 Questions
Exam 52: Decedents Estates and Trusts53 Questions
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The _____ rule(s) on the admissibility of evidence.
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(Multiple Choice)
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Correct Answer:
A
Costs generally are awarded to the prevailing party in litigation. Those costs usually include:
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(Multiple Choice)
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Correct Answer:
D
Billy has a dispute with Sleepdigit Bedspring Company over a number of beds Billy recently purchased from Sleepdigit for use in his hotel. Billy needs to decide whether to pursue litigation or employ an alternative means of dispute resolution. What advantages are most often associated with alternative dispute resolution? Which choice would be most appropriate in this case?
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(Essay)
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The most frequently cited advantages of alternative dispute resolution, compared to litigation, are a) cost savings and b) time savings. As far as a specific method of alternative dispute resolution, arbitration might be the best approach for Billy in his commercial dispute with Sleepdigit; in addition to the cost-saving and time-saving advantages of alternative dispute resolution, arbitration has a long history of success in the area of commercial contracts.
To begin a lawsuit, both parties must appear in person and state their claims and defenses in court.
(True/False)
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Documents filed by both parties at the beginning of a lawsuit are called the pleadings.
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When arbitration is mandatory under a statute, the losing party generally can appeal from such arbitration to a court.
(True/False)
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The United States Supreme Court can never function as a court of original jurisdiction.
(True/False)
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Chandra sues Martin for breach of contract. Both parties have completed discovery. Chandra now wants her attorney to file a motion to have the judge rule in her favor without having to proceed further. Chandra does not know whether the motion to dismiss or the motion for a summary judgment is proper. Which motion is proper and why?
(Essay)
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If there is a reference to a third party to determine a dispute, most often the loser is not allowed to appeal the third party's decision.
(True/False)
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The Uniform Arbitration Act requires a written agreement to arbitrate an issue.
(True/False)
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