Business Law Questions and Answers

Business Law

Owners of different types of property (physical, intellectual, etc) all have different provisions under the law. Due to the different nature of these types of property, there are differences in...

Latest answer posted September 11, 2019 2:52 pm UTC

2 educator answers

Business Law

According to the question, we are supposed to determine reasons why what happened with a case in one state might not apply in a different state. The most important takeaway here is that each of the...

Latest answer posted September 25, 2019 10:21 pm UTC

1 educator answer

Business Law

It is private or confidential information that confers an advantage in insider training, and the person who sells or buys stocks on the basis of that private information makes money he or she...

Latest answer posted December 28, 2015 8:58 pm UTC

1 educator answer

Business Law

One can argue both for and against the protections offered by the various categories of corporation for which one can register. All three--Limited Liability Corporations (LLCs), C-Corporations, and...

Latest answer posted March 28, 2017 9:59 pm UTC

1 educator answer

Business Law

The court's analysis in the case of Lucy v. Zehmer is fairly compelling. Judge Buchanan's analysis to this point, quoting from the Restatements of Contracts, is convincing: The mental assent of...

Latest answer posted July 19, 2013 4:52 am UTC

1 educator answer

Business Law

Private law concerns legal interactions between individuals, whereas public law concerns interactions in which the state is involved. If one person sells a house, a company, or a can of soda to...

Latest answer posted May 20, 2021 9:10 pm UTC

1 educator answer

Business Law

A Section 302 certification and Section 404 compliance both fall under the Sarbanes-Oxley Act of 2002 (SOX). The purpose of SOX is to regulate publicly traded companies and accounting firms,...

Latest answer posted August 27, 2020 4:17 am UTC

1 educator answer

Business Law

Because the question was originally categorized as “business,” but seems to be inquiring about the civil justice system, it has been recategorized as “business law.” There are multiple phases of a...

Latest answer posted September 17, 2013 2:29 pm UTC

1 educator answer

Business Law

Product liability law is complicated, and when international interests are added to the mix it becomes a quagmire. Suppose, for instance, that you buy a product in the US that was also...

Latest answer posted September 7, 2012 6:47 pm UTC

1 educator answer

Business Law

The law at issue in this court case is a Baltimore City municipal ordinance which prohibits certain types of advertisements for alcohol in certain areas of the city. This ordinance was passed at...

Latest answer posted November 6, 2019 10:03 pm UTC

1 educator answer

Business Law

The Sarbanes-Oxley Act, often referred to as the SOX Act, was signed into law in 2002. It is named for its sponsors in the US Congress, Senator Paul Sarbanes of Maryland and Representative Michael...

Latest answer posted August 26, 2020 9:57 pm UTC

1 educator answer