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BUSN 420 Entire Course Business Law

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BUSN 420 Week 1 Assignment

This paper is about providing employee training for members of our department who have
interactions with the legal department. Ill try to keep this paper as informal and understandable
as it gets. Nevertheless, concerning the topics discussed, it is expected for you to have questions
after reading this paper. I strongly recommend looking at references section at the end of the
paper. Feel free to contact me. Ill be glad if I can clarify these terms in more detail if I can.
As a start to this series of training document primers, Ill try to answer the following questions in
short:
1. What is common law
2. What are the sources of American law?
3. What is the importance of precedent to the judicial decision-making process?
4. What are equitable and legal remedies?

BUSN 420 Week 2 Assignment

This paper is aboutoutlining Marylands court system in short. Well have the chance to be
familiar with basic concepts of state justice system and get to know more about the following
issues:

1. Basic structure of court system


2. Trial courts
3. Appellate courts
4. Other bodies

BUSN 420 Week 3 Assignment

Introduction
During the first two papers of our training series about laws and legislations, we had the chance
to familiarize ourselves with basic terms of law and Marylands court system. In this paper is
well try to get a more practical idea about what are the obligations and related issues coming
from a contract. I hope you all find this paper quite useful in your everyday working life since
the following issues are going to be explained in short:
1. Contracts elements and remedies in case of a breach
2. Valid offer requirements
3. Offer acceptance
4. Consideration and forms
5. When a contract is enforceable?
6. Remedies for non-breaching parties under Marylands state law

BUSN 420 Week 4 Assignment

Introduction
In this fourth paper of our training series, well have the chance to get a better knowledge and
understanding of advanced principles about contracts.

BUSN 420 Week 5 Assignment

Introduction
In this fifth paper of our training series, well have the chance to get ourselves familiarized with
Uniform Commercial Code (UCC).

BUSN 420 Business Law Week 6 Assignment

Introduction
In this paper well discuss some issues regarding cyber-crimes that affect business world.

BUSN 420 Week 7 Assignment

Introduction
In this paper well discuss about my working background and what are my intentions for the
future. Moreover, well focus on how this course affected my way of thinking concerning my
career path. Through the following lines it will be obvious how useful this courses concepts
proved for me and my working prospective.

BUSN 420 Week 1 Quiz

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(TCO 1) Crater Tools Company may be subject to regulations


issued by the Occupational Safety and Health Administration
(OSHA). Like other administrative agencies, the OSHA affects
almost every aspect of a businesss operations.
almost no aspect of a businesss operations.
a firms capital structure and financing, but nothing else.
a firms hiring and firing procedures, but nothing else.
Page 6
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(TCO 1) In a suit against Owen, Phil obtains specific performance.


This is
an order to do or to refrain from doing a particular act.
an order to perform what was promised.
a payment of money or property as compensation.
the cancellation of a contract.
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(TCO 1) As a judge, Potter applies common law rules. These rules


develop from
administrative regulations.
court decisions.
federal and state statutes.
proposed uniform laws.
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(TCO 1) In Export Co. v. Imports, Inc., there is no precedent on


which the court can base a decision. The court can consider
neither public policy nor social customs and values.
public policy only.
public policy or social customs and values.
social customs and values only.
Page 8
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(TCO 1) In Nebraska, the highest-ranking (superior) law is


a case decided by the Nebraska Supreme Court.
a provision in the Nebraska Constitution.
a rule created by a Nebraska state administrative agency.
a statute enacted by the Nebraska legislature.
Page 5
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(TCO 2) Orin claims that a Pennsylvania state statute infringes on


his substantive due process rights. This claim focuses on
procedures used to make decisions to take life, liberty, or property.
the content of the statute.
the similarity of the treatment of similarly situated individuals.
the steps to be taken to protect Orins privacy.
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(TCO 2) Machismo Motor Sales Corporation regularly advertises


its off-the-road and all-terrain vehicles and other products. Under
the First Amendment, these ads and other commercial speech are
given
less protection than noncommercial speech.
more protection than symbolic speech.
no protection.
the same protection as defamatory speech.
Page 39
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(TCO 2) Serene City enacts an ordinance that bans the use of


sound amplifying systems on public streets. Tyler wants to
campaign for a seat on the city council by broadcasting his
message through speakers mounted on a truck. In Tylers suit
against the city, a court would likely hold the ordinance to be
an unconstitutional restriction of speech.
constitutional under the First Amendment.
justified by the need to protect individual rights.
necessary to protect national interests.
Page 38
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(TCO 2) Savers Mart, Inc., distributes its merchandise to retail


outlets on an interstate basis. Under the commerce clause,
Congress has the power to regulate
any commercial activity in the United States.
only activities that are in intrastate commerce.
only activities that are in local commerce.
only activities that are not in commerce.

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Page 33
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(TCO 2) Expendable Energy Corporation regularly expresses


opinions on political issues. Under the First Amendment, corporate
political speech is given
little protection.
no protection.
significant protection.
total protection.
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* Times are displayed in (GMT-07:00) Mountain Time (US & Canada)

BUSN 420 Week 2 Quiz

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(TCO 3) Sam, a citizen of New Mexico, wants to file a suit against


Tanya, a citizen of Texas. Their diversity of citizenship may be a
basis for
any court to exercise in rem jurisdiction.
a federal district court to exercise original jurisdiction.
a U.S. court of appeals to exercise appellate jurisdiction.
the United States Supreme Court to issue a writ of certiorari.
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(TCO 3) In Fancy Frills Corporations suit against Glamour


Stores, Inc., the jury returns a verdict in Fancys favor. Glamour
files a motion asking the judge to set aside the verdict and begin
new proceedings. This is a motion for
a judgment in accordance with the verdict.
a judgment on the pleadings.
a new trial.
judgment n.o.v.
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(TCO 3) Jo files a suit against Lara in a Missouri state court.


Laras only connection to Missouri is an ad on the Web originating
in Nebraska. For Missouri to exercise jurisdiction, the issue is
whether Lara, through her ad, has
a commercial cyber presence in Missouri.
conducted substantial business with Missouri residents.
general maximum contact with Missouri.
solicited virtual business in Missouri.
Page 58
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(TCO 3) Hua, a resident of Illinois, owns a warehouse in Indiana.


A dispute arises over the ownership of the warehouse with Jac, a
resident of Kentucky. Jac files a suit against Hua in Indiana.
Regarding this suit, Indiana has
federal question jurisdiction.
in personam jurisdiction.

in rem jurisdiction.
no jurisdiction.
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Page 54
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(TCO 3) Sam, a citizen of Tennessee, files a suit in a Tennessee


state court against United Sales Corporation, a Wyoming company
that does business in Tennessee. The court has original
jurisdiction, which means that
the case is being heard for the first time.
the court does not have concurrent jurisdiction.
the court has standing.
the court has venue.
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(TCO 1) Reaching for a bottle of soda from a display in a Bargain


Mart store, Cody slips in a puddle of spilled soda and falls,
suffering an injury. Bargain Marts employees are not aware of the
spilled soda until Cody falls. In a suit against Bargain Mart, Cody
will most likely
lose, because Bargain Marts employees were not aware of the
spill.
lose, because Cody should have exercised more care.
win, because Bargain Mart can recover from the soda bottler.
win, because the spilled soda was foreseeable.
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(TCO 1) Rex, an accountant, enters into a contract to provide


services to Sofi. Rex does not finish the work within the contracts
deadline. Sofi pays a penalty as a result of the missed deadline and
hires Trey to complete the job. Rex is most likely liable for
nothing.
Sofis penalty and the cost to hire Trey.
Sofis penalty only.
the cost to hire Trey only.
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(TCO 1) Travis, an accountant, is subject to the accounting


conventions, rules, and procedures that constitute generally
accepted accounting principles (GAAP). GAAP are determined by
state courts.
the American Bar Association.
the American Institute of Certified Public Accountants.
the Financial Accounting Standards Board.
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(TCO 1) Drake pushes Evon into the path of an oncoming car


driven by Flip. Gina tries to rescue Evon. Drake is liable for any
injuries to
Evon and Flip but not Gina.
Evon and Gina but not Flip.
Evon, Flip, and Gina.
none of the parties.
Page 107

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2 of 2

(TCO 1) Estes, an accountant, contracts to perform services for


Frasier. In performing those services, Estes uncovers a suspicious
financial transaction. Estes is most likely not liable if he
acted negligently in failing to discover the transaction sooner.
conceals the discovery and otherwise finishes the work.
investigates and reports the discovery to Frasier.
obtains restitution from the perpetrator without Frasiers
knowledge.
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BUSN 420 Week 3 Quiz

rading Summary
These are the automatically computed
Date Taken:
results of your exam. Grades for
essay questions, and comments from Time Spent:
your instructor, are in the Details Points Received:
section below.
Question Type:
# Of Questions:
Multiple Choice
10

Grade Details All Questions

3/20/2015
41 min , 57 secs
20 / 20 (100%)
# Correct:
10

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(TCO 4) Employment Sources, Inc., enters into a contract with


Fred. If Fred is a minor, this contract is most likely
enforceable.
unenforceable.
void.
voidable.
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(TCO 4) Under a contract with Bucolic Farms, Agro Excavation,


Inc., begins digging an agricultural pond. In mid-project, Agro
asks for $15,000 over the contract price, claiming an increase in
the cost of doing business. Bucolic agrees but later refuses to
pay. Their agreement is
unenforceable because Agros performance was a preexisting duty.
unenforceable because Bucolics promise was illusory.
enforceable.
unenforceable because its performance is unforeseeably difficult.
Page 251
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(TCO 4) Shelby offers to make digital copies of Relay Companys


business conference videotapes, CDs, DVDs, and other media for
$500. Under the mailbox rule and the Uniform Electronic
Transactions Act (UETA), Relays acceptance by e-mail will be
considered effective when
received.
sent.
followed up by a confirmation letter sent by regular mail.
composed on a Relay computer.
Page 234

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2 of 2

(TCO 4) Opie offers to sell his guitar to Pinky for $100. Pinky
agrees. They complete and sign a printed form that includes, near
the blanks for their signatures, the word seal. This is
a formal contract.
an informal contract.
a social contract.
no contract.
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(TCO 4) Braxton questions whether there is consideration for his


contract with Tawny to exchange his accounting services for her
payment of a certain amount. To constitute consideration, there
must be
a payment of money.
a performance of services.
a bargained-for exchange.
detrimental reliance.
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(TCO 4) Lou claims that he and Myra entered into an implied-infact contract. To establish this contract, it is not necessary to show
that
a court imposed a promise in the interest of fairness.
Lou expected to be paid for providing services or property.

Lou provided Myra with services or property.


Myra failed to reject services or property provided by Lou.
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(TCO 4) Flo tells Gregor that she will buy his textbook from last
semester for $65. Gregor agrees. Flo and Gregor have
an executed contract.
an express contract.
an implied-in-fact contract.
a quasi-contract.
Page 211
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(TCO 4) Grant offers to sell his Honda Civic for $10,000 to Ivy.
Referring to the prices for similar Hondas, Ivy says, Ill pay no
more than $5,000. Grant says, Forget it. Grants offer was
terminated by
Grant.
Honda.
Ivy.
no one, Grants offer is still open.
Page 231
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(TCO 4) Leif offers Miley $1,000 for her three-year-old laptop


computer. Miley accepts. If a dispute arises, a court would likely

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enforce the deal after questioning the adequacy of consideration.


not question the adequacy of the consideration.
rewrite the deal after questioning the adequacy of consideration.
set aside the deal after questioning the adequacy of consideration.
Page 249
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(TCO 4) Expert Pavers, Inc., contracts with Fabricated Building


Corporation to repave Fabricateds parking lot for which
Fabricated agrees to pay. The requirements of this, and any other,
contract do not include
consideration.
capacity.
legality.
practicality.
Page 208
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BUSN 420 Week 4 Quiz

These are the automatically computed


Date Taken:
results of your exam. Grades for
essay questions, and comments from Time Spent:
your instructor, are in the Details Points Received:
section below.
Question Type:
# Of Questions:
Multiple Choice
10

Grade Details All Questions

3/27/2015
47 min , 01 secs
20 / 20 (100%)
# Correct:
10

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(TCO 4) Mikayla enters into a contract with Logan to provide


surface material for Mikaylas tennis courts by April 1 for a
tournament to begin May 1. The contract specifies an amount to be
paid if the contract is breached. This is a liquidated damages
clause if the amount is
an excessive estimate of the loss on a breach.
a reasonable estimate of the loss on a breach.
designed to penalize the breaching party.
intended to quickly provide cash to the non-breaching party.
Page 327
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(TCO 4) Karson orally agrees to pay Jaime to plant and harvest a


quarter of Karsons farm acreage for four corn-planting seasons.
After Jaime prepares the land and plants the first crop, Karson says
that their deal is off. Jaime can most likely recover
in quasi contract.
in reformation.
in restitution.
on the parties existing contract.
Page 333
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(TCO 4) Reel Graphics, Inc. agrees to assume a debt of Suave


Marketing Company to Town Credit Union. This promise is for
Reels benefit. To be enforceable, the promise
must be in writing.
must be in writing only if the debt is valued at $500 or more.
must be in writing only if the debt will not be repaid within one
year.
need not be in writing.

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(TCO 4) Lark enters into a contract to mine gravel in Milenas


quarry, sell it, and share the profits on its sale with Milena. If the
duties under this contract are discharged like those under most
contracts, the duties will be _____.
repudiated
breached
performed
rescinded
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(TCO 4) Pure Oil Company enters into a contract with QuikBilt,


Inc., to construct an oil pipeline to withstand specific conditions. If
QuikBilt fails to meet this standard, which is construed as a breach
of contract and a breach of a duty of care, Pure might be awarded
punitive damages to
establish, as a matter of principle, that QuikBilt acted wrongfully.
provide Pure with funds for a foreseeable loss beyond the contract.
provide Pure with funds for its loss of the bargain.
punish QuikBilt and deter others from similar acts.
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(TCO 4) Lou and Mira want to rescind their contract under which

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Lou sold an MP3 player to Mira for $50. To rescind the contract
Lou must return the $50 and Mira must return the player.
Lou must return the $50 only.
Mira must return the player only.
the parties can keep the benefits of their bargain.
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(TCO 4) Pablo and Melia enter into an oral contract for Pablos
sale to Melia of a laptop computer for $400. Assuming the terms
can be proved, the contract is enforceable by
the seller or the buyer.
the manufacturer of the laptop.
any third party who overheard the parties making the agreement.
None of the above.
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(TCO 4) Timber, Inc., and Wood Corporation enter into an oral


contract for the sale of a lumber mill and the land on which it is
situated from Timber to Wood. Under the Statute of Frauds, this
contract is enforceable by
the seller.
the buyer.
any interested third party, such as the mortgagee or title company.
None of the above.
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BUSN 420 Week 6 Quiz

(TCO 4) Pete, the owner of Quality Orchards, contracts to sell


fruit to Ripe Produce, Inc. When Pete refuses to perform, Ripe
Produce files a suit to enforce the contract. To defend successfully
on the ground of unconscionability, Pete must show that
enforcement of the contract would be
economically meaningless.
legally worthless.
manifestly unfair or oppressive.
undeniably valuable.
Page 287
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(TCO 4) Sid induces Ty to enter into a contract for the sale of a


warehouse about which Sid fraudulently misrepresents a number
of material facts. Sid also tells Ty that his commission is 6 percent,
but their signed, written contract states 12 percent. The parol
evidence rule governs
contracts that are induced by fraud.
contracts that must be in writing to be enforceable.
the admissibility in court of oral evidence.
the reformation of oral and written statements into one contract.
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(TCO 7) The process behind the production of Fast Pace, a


racecar video game, is protected by _____.
copyright law
patent law
trademark law
trade secrets law
Page 130
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(TCO 7) RiteMade Machinery, Inc., designs, makes, and sells a


drill press. Steel Equipment Company copies the design without
RiteMades permission. Steels conduct is actionable provided
consumers are confused.
Steels conduct is intentional.
Steels conduct reduces the value of RiteMades design.
RiteMades design is patented.
Page 124
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(TCO 7) Joey reproduces Minas copyrighted work without paying


royalties. Joey is most likely excepted from liability for copyright
infringement under the fair use doctrine if
Joey copies the entire work.
Joey distributes the copies freely to the public.
Joeys use has no effect on the market for Minas work.
Joeys use is for a commercial purpose.
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(TCO 7) Diamond Financial Planners employs Ella, who is the


firms most productive performer. Ella, dissatisfied with the
commission structure, quits to work for Feldstar Investments, Inc.
She takes her list of Diamond clients to induce them to switch to
Feldstar. Trade secrets law covers
Diamonds list of clients.
Ellas performance.
Feldstars commission structure.
none of the choices.
Page 130
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(TCO 7) Delite Toys, Inc., makes EZ Goo, a famous childrens toy.


Without Delites consent, Fast Adhesives Company begins to use
ezgoo as part of the URL for Fasts website. Fast claims that no
consumer would confuse the website with the toy. Fast has
committed
copyright infringement.
patent infringement.
trademark infringement.
no actionable violation.
Page 121
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(TCO 8) Via the Internet, Rocky sabotages the computer system of


Quik Chikn Company, a food manufacturer, with the purpose of
altering the levels of ingredients of the companys products so that
consumers of the food become ill. Rocky is _____.
a cyberterrorist
a botnet

a virus
a worm
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Page 172
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(TCO 8) Via e-mail, Vern makes repeated credible threats to


Ursula that put her in reasonable fear for her safety. This is _____.
cyber stalking
employment fraud
phishing
vishing
Page 168
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(TCO 8) Nestor establishes a phony account in Meet+Greet, a


social network, and creates a fictitious persona to cyberbully
Leona. This is _____.
cyber stalking
employment fraud
phishing
vishing
Page 168
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(TCO 8) In Las Vegas, Nevada, Kurt places a bet on a football


game with a bookmaker via a website based in Las Vegas. In
Cleveland, Ohio, Dorothy places a bet on the same game with a

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bookmaker via a website based in Cleveland. Gambling is


regulated in _____.
all states
only a few states
no state
Ohio only
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(TCO 8) Boris programs software to prompt a computer to


continually crash and reboot. Boriss goal is to install this program
on various companies computer systems without the companies
knowledge. The program can reproduce itself, but must be
attached to a host file to travel from one computer network to
another. This program is _____.
a hacker
a bot
a virus
a worm
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BUSN 420 Week 8 Exam Answers

Question 1. 1. (TCO 1) As an assistant in the legal department of a major corporation, your


supervisor has asked you to do some research on how various laws may be applied in an
upcoming case. Your department needs to coordinate with outside counsel and wants to be up to
speed on how the law works. Explain the sources of law in the American legal system. Is our
civil law system more or less advantageous than the common law system? Why is it important to
understand all sources of law and where to find them? Explain your answer with examples in a
business context. (Points : 25)

Question 2. 2. (TCO 2) Given the current economic climate nationwide and locally, the state of
Delmarva would like to impose a higher tax on out-of-state companies doing business in the state
than it imposes on in-state companies. The reason behind the legislatures enactment of this law
is to protect the local firms from out-of-state competition because they are losing local business,
which is affecting the states economy. Is this law legal, or is it a violation of equal protection for
a state to impose? What legal standards could the court apply in evaluating the constitutionality
of a law and which would apply in this instance? Explain. (Points : 25)

Question 3. 3. (TCO 3) Create a brief scenario and walk it through the litigation process,
beginning with how to select the proper jurisdiction of a court, and progressing through the basic
steps leading to a resolution of the dispute through appeal. (Points : 25)

Question 4. 4. (TCO 4) Sandy mails a letter back to Andrea that she has signed; the letter makes
reference to a car Andrea has for sale and Andreas desired price. When Andrea later delivers the
car to Sandy, Sandy returns the car, claiming she does not want the car and that they did not have
a contract, so she is not bound to keep the car. Andrea, however, claims they do have a contract
and wants to enforce said contract for the price of the car. What standard would the court use to
determine whether there is a contract between the parties for the sale of the car? (Points : 25)

Question 5. 5. (TCO 5) There are several distinctions in contract law between the UCC and
common law as it relates to certain principles. As it relates to modification of a contract, how is
the UCCs treatment of this subject different from that of common law? What are the important
factors to be considered? Provide an example that demonstrates the difference. (Points : 25)

Page 2
Question 1. 1. (TCO 6) Explain your understanding of administrative law. How would you
classify administrative law from a categorical standpoint as it fits in the context of other areas of
law and what procedures are involved in the administrative process as it pertains to an agencys
function and purpose? (Points : 25)

Question 2. 2. (TCO 7) Smart Corporation began marketing phone in 2002 under the mark
Smart. In 2008, Smart.com, Inc., a different company selling different products, such as school
supplies and the like, begins using smart as part of its website URL and registers sMART as
its domain name. Can Smart Corporation stop this use of sMART? If so, what must the
company show? Use the scenario given to explain your answer in this context. (Points : 25)

Question 3. 3. (TCO 8) Your Company, Inc. wants to do business with My Company, LLC.
Because our companies are both savvy, they would like to conduct their business online. What
determines the effect (or lack thereof) of the electronic documents evidencing the parties deal
according to the Uniform Electronic Transactions Act (UETA)? Is a signature from one of the
companys a necessary part of the deal? Explain you answer by elaborating on the scenario with
the facts you think are necessary to support your position. (Points : 25)

Question 4. 4. (TCO 9) Agency law plays a big part in corporate responsibility (and liability).
Differentiate between an employee and an independent contractor. What is the difference and
what are the key factors that must be considered in determining ones status as an employee or
independent contractor? Once status is determined, what affect will it have on the responsibilities
of the agent? The principal? Is one status better than another? Why? Explain your answers using
a representative example involving a principal, an agent, and a situation that would call the
agents status into question. (Points : 25)

Question 5. 5. (TCO 10) Tim and Tom are twins. They live and work near the beach and are also
partners in TnT, Inc., a bicycle messenger service. When deliveries are few, especially in the
summer, Tom without telling Tim, rents the extra bicycles to tourists who want to explore the
resort area. Because the bicycles arent being used for deliveries, is it acceptable for Tom to keep
the proceeds he receives from renting leasing the unused bicycles? Explain your answer based on
the facts in the scenario in the context of partnership law. (Points : 25)

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