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Overview
Week 1
Week 1 Continued
Week 2
100
These are the main objectives of this course.
What are preparing students to evaluate the legal risks associated with business activity and to manage an organization's legal exposure
100
This is the easy type of business entity to form.
What is sole proprietorship?
100
These are two reasons why an organization may wish to use ADR rather than traditional litigation.
What is [answers may vary, but should include faster and cheaper, as well as confidential]
100
A civil wrong.
What is a tort?
200
H.R. Cheeseman
Who is the author of the primary textbook for this course?
200
A general partnership requires two or more people engaged in business for _________.
What is profit?
200
In which type of ADR is the third party neutral's decision binding upon the parties?
What is arbitration?
200
The three main classifications of torts.
What are intentional, unintentional (negligence), and strict liability?
300
This is the minimum number of peer-reviewed, authoritative, cited sources that must be included as both in-text and reference page citations for Individual Papers for this course.
What is 2 (but well-researched papers will more than likely have many more)?
300
For business entities in Texas, there is no filing requirement with the Texas Secretary of State unless the entity chosen is one that ______________________.
What is offers some form of liability protection.
300
When dealing with companies based in foreign countries, businesses should consider having this provision in its contracts.
What is an international arbitration clause? (Answers may also include a forum selection and choice of law provisions)
300
In order for a jury to find that a tort occurred, each of these must be met; otherwise, the tort did not take place.
What are elements?
400
The faculty version of Turnitin checks against these, while the student version does not.
What are prior student papers?
400
Commingling business funds with personal funds, failing to keep adequate books and records, failing to hold required meetings, not adequately funding the company, engaging in fraudulent acts are all examples of actions or inactions that may lead to this harsh result.
What is piercing the corporate veil?
400
Parties are required to be represented by legal counsel at mediation and arbitration. TRUE OR FALSE
What is False, but depending upon the circumstances, it may be wise to be represented by counsel.
400
These are the elements of negligence.
What are duty, breach of duty, causation, and damages?
500
A paper with a Turnitin Similarity Index of _____ of higher is ineligible to be considered for credit.
What is 20%?
500
Generally speaking, this entity choice may be the best selection if one's goals are to avoid double taxation and to shield personal assets from liability. (Two possible answers)
What is an LLC or a Subchapter S Corporation?
500
As seen in the Hot Coffee (McDonald's) video last week, sometimes companies want to go to try. State the rationale for this.
What is "to send a clear message to would-be plaintiffs that the business will vigorously fight frivolous claims in an attempt to deter would-be claimants."
500
For this type of tort, the courts are not concerned with whether the defendant was negligent or whether the action was intentional. Instead, so long as there was an inherently dangerous activity and resulting damages, the defendant is liable.
What are strict liability torts?