Business law basics Study guides, Class notes & Summaries

Why study law and business? Legal concepts, principles, and rules provide the foundation for the conduct of business 2 ways law and business intersect 1. Law controls the relationships between parties 2. Law provides mechanisms by which government regulates business behavior Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Law Merchant Medieval legal system prevalent in Europe that established practic...

SUS1501 Assignments 2-8. SUS1501 Sustainability And Greed Evaluate the act using Kant's categorical imperative. 1.State your proposed act as a maxim: I will take ZAR 620 000 000.00(A) when l've done a year's work (C) in order to get really rich. 2. Restate the maxim as a universal law: "All people (7 billion of them) will take ZAR 620 000 000.00 when they're done a year's work in order to get really rich. 3.If all 7 billion people earn ZAR 620 000 000.00 annually, then the financial ...

NM Broker Basics Unit 1 License Law Questions and Answers Graded A+ Members of National Association of Realtors (NAR) Voluntary trade organization that licensees may join and subscribe to a specific code of ethics, enforce the code, through local boards and associations. New Mexico Real Estate Commission has the following requirements Consists of 5 members, 4 of which are licensed real estate brokers, residents of the state for 3 consecutive years, no more than 2 appointees can be fro...

Nolo's Encyclopedia of Everyday Law - Answers to Your Most Frequently Asked Legal Questions, 10th Edition Table of Contents About Nolo’s Encyclopedia of Everyday Law...............................................1 1 Houses...........................................................................................................................................3 Buying a House.......................................................................................................................

Funding for Medicare Part B is partially provided by - user premiums Which of the following would evidence ownership in a participating health insurance contract? - Policy Ownership To protect information, systems, agents, brokers, and insurance companies must implement and maintain a(n) - cybersecurity policy An insurer is best described as - Any person, corporation, association, or society that writes insurance contracts Jennifer is required to pay a specific sum out of pocket befo...

Which of the following advertisements would violate housing law? correct answers Walk-in closet Topic: Fair Housing in Practice Because this is an example of discriminatory advertising directed toward those with a physical disability. A better choice of words would be "spacious closet" or "large closet". Phyllis, an employing broker misplaced a $1,000 offer deposit check for a client. Identity theft then occurred and ended up costing the client $5,000. What type of business insuranc...

Insurance: - ANSWER A contract in which the insurance company agrees to indemnify the insured party against loss, damage or liability arising from an unknown event. Insurance Transfers: - ANSWER The risk of loss from an individual or business entity to an insurance company, which in turn spreads costs of unexpected losses to many individuals. Direct response marketing: - ANSWER A direct response marketing system effectively bypasses the insurance agent. Business is conducted over the phone...

NM Broker Basics Unit 1 License Law Questions and Answers Members of National Association of Realtors (NAR) - Correct Answer ️️ -Voluntary trade organization that licensees may join and subscribe to a specific code of ethics, enforce the code, through local boards and associations. New Mexico Real Estate Commission has the following requirements - Correct Answer ️️ -Consists of 5 members, 4 of which are licensed real estate brokers, residents of the state for 3 consecutive years, ...

Steps to Establish a Privacy Program - Answer- 1- define scope & charter 2- develop thr privacy strategy 3 - structure the privacy team Mission and Vision - Answer- Objectives, scope, compliance challenges, personal information legal requirements, strategies to drive tactics, roles and responsibilities Mission and Vision objectives - Answer- Purpose and ideas, communicates to stakeholders, what we do (not who we are), what we stand for, why, value on privacy, organisational objectives, str...

Business Ethics, 8e Jennings UNIT THREE – BUSINESS, STAKEHOLDERS, SOCIAL RESPONSIBILITY, AND SUSTAINABILITY True/False Questions T 1. T 2. F 3. F 4. T 5. T 6. T 7. F 8. T 9. F 10. T 11. F 12. F 13. T 14. F 15. F 16. T 17. T 18. F 19. T 20. F 21. T 22. R. Edward Freeman is a proponent of the stakeholder theory of the corporation. Stakeholders include employees and customers. Suppliers are not stakeholders in the corporation. Robert Halfon is a proponent of stakeholder theory of th...