In pre-trial discovery, if a business does not produce incriminating e-mails the court can instruct the jury that it can make negative inferences from the lost documents.

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In litigation, indirect non-legal costs are roughly the same amount as direct legal costs.

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All of the following are ways to lower business risk except:

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Issuing a public apology for corporate wrongdoing will always result in increased litigation.

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When answering a complaint the defendant can do all of the following except:

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All of the following are methods of alternative dispute resolution except for:

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The monetary damage award set out by the court is the amount the prevailing party is guaranteed to receive from the losing party.

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Examples of antitrust activities include all of the following except for:

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The grant of a patent is a limited “monopoly” and can run counter to the antitrust principle encouraging free and open markets.

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All of the following are a type of contract except:

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Which of the following is not a form of business organization?

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Identify the correct statement about liability in business organizations

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The revenue from a Chapter C corporations is taxed twice.

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The test for mental capacity to enter into a contract is whether the person has reached the age of majority

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A partnership must prepare an income tax return but the partnership pays no income taxes itself.

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Using only the course materials, describe three differences between a limited liability company and a corporation. Cite your sources.

Using only the course materials, list and provide examples for five defenses to a breach of contract claim. Cite your sources.

List three types of contracts that must be in writing in order to be enforceable. What doctrine applies here? Use only the course materials and cite your sources.

Jim wants to sell his car to Marsha. Describe what elements would need to be present in order to have a valid contract. Would this contract fall under the UCC? Why or why not? Use only the course materials and cite your sources.

Question 20 of 20