Test Bank

Business Law: Principles and Practices

EighthEdition

Arnold Goldman

Law Firm of Goldman & Goldman

William Sigismond

Monroe Community College

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© 2011, 2008South-Western, Cengage Learning
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. / ISBN-13: 978-1-4390-7977-5
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Contents

Chapter

Chapter 1 Foundations of Law and the Role of Ethics in Business...... 1

Chapter 2 The Legal System in the United States and Its Constitutional Foundation...... 9

Chapter 3 Personal, Business, and Cyber Crimes and Criminal Procedure...... 17

Chapter 4 Tort Law: Traditional Torts and Cyber Torts...... 25

Chapter 5 Litigation and Alternatives for Settling Civil Disputes...... 33

Chapter 6 Contract Law: A Beginning...... 41

Chapter 7 Agreement: Offer and Acceptance...... 49

Chapter 8 Consideration...... 57

Chapter 9 Capacity...... 65

Chapter 10Legality...... 73

Chapter 11 Formal Requirements—Statute of Frauds/E-Signatures...... 81

Chapter 12 Transfer of Contract Rights and Duties...... 89

Chapter 13 The Termination of Contracts: Discharge...... 97

Chapter 14 The Termination of Contracts: Breach of Contract...... 105

Chapter 15 Formation of Sales and Lease Contracts...... 113

Chapter 16 The Sales Contract: Transfer of Title and Risk of Loss...... 121

Chapter 17 The Sales Contract: Performance, Breach, and Remedies for Breach...... 129

Chapter 18 Product Liability Law...... 137

Chapter 19 Nature and Types of Negotiable Instruments...... 145

Chapter 20 Issue, Transfer, Indorsement, and Discharge of Negotiable Instruments...... 153

Chapter 21 Rights and Duties of Parties...... 161

Chapter 22 Checks and the Banking System in the Twenty-First Century...... 169

Chapter 23 Employer-Employee Relationship...... 177

Chapter 24 Principal-Agent Relationship...... 185

Chapter 25 Principal-Agent, Employer-Employee, and Third-Party Relationships...... 193

Chapter 26 Sole Proprietorships, Partnerships, and Limited Liability Organizations...... 201

Chapter 27 Corporations and Franchising...... 209

Chapter 28 Government Regulation of Business...... 217

Chapter 29 Basic Legal Concepts of Property...... 225

Chapter 30 Renting Real Property...... 233

Chapter 31 Buying and Selling Real Property...... 241

Chapter 32 Nature and Types of Bailments...... 249

Chapter 33 Special Bailments...... 257

Chapter 34 Wills, Intestacy, and Estate Planning...... 265

Chapter 35 Protecting the Consumer and the Taxpayer...... 273

Chapter 36 Protecting the Borrower...... 281

Chapter 37 Protecting the Creditor...... 289

Chapter 38 Property, Casualty and Automobile Insurance...... 297

Chapter 39 Personal Insurance...... 305