Court-isy People
What is the highest court in California?
The tort that protects individuals from harm based on careless and unintentional conduct of others is called
What is negligence
A contract that arises from actions rather than expressions
What is an implied contract
Business organizations that allow people to invest in a business without placing all of their personal wealth at risk
What is an LLC, Corporation
This is created when a person or company agrees to act for, or in place of, another person or company who provides the agent with authority to do so
What is an Agency
The Second Amendment Of the U.S Constitution protects
What is the Right to Bear Arms
This power regulates the use of land to control, protect, or promote the "general welfare" of the public
What is Police Power
What is it called when when all parties agree that a contract should be terminated without performance
What is a rescission
Which type of business ends at the death of its owner
What is a sole proprietorship
This is when an agency is created because the actions of the principal may lead one to reasonable beleive that the presumed agent has the autority to act for the principal
What is an Agency by Estoppel
What document declares that a judge is absolutely immune from suit for damages for judicial Acts
What is the Doctrine of Judicial Immunity
The general rule is that the owner of the property has a duty to keep the premises reasonably safe under the circumstances
What is Premises Liability
If the performance provided by a party is substantially less than the requirements of the contract, then there is
What is a material Breach
FTC is short for....
Federal Trade Commission
Someone designated to do all acts that can be legally granted to an agent. The agent is usually given a general power of attorney to do all business transactions on behalf of the principal
Who is an Universal Agent
What are three state and federal shared regulatory responsibilities
What are security regulation, environmental law, taxation, employment law, consumer protection
The three groups that torts fall into are
What are negligence, intentional, and strict liability
What are the 5 Elements of a contract
Offer and Acceptance, Consideration, Contractual Capacity, Legality, Genuine Consent
What rule makes directors and manager immune from liability when problems result from honest reasonable mistakes
What is the Business Judgment Rule
The compensated agent, although acting beyond the authority granted by the principal, has authority to take reasonable action in emergencies through
What is an agency by operation of law
How many federal district courts are there
What is 94
These are limitations or requirements about the use of property. They attach to the estate or property itself and impose certain use limits on the owner of the property
What are servitudes
What is a contract where one party to the contract has the right to avoid a legal obligation
What is a voidable contract
In a limited partnership the _________ are investors who may not participate in managing the business
Who are Limited Partners
A principal can be bound by unauthorized acts of an agent who appears to have authority to act
What is apparent authority