Bul 3310 bailey Study guides, Class notes & Summaries

BUL 3310 Exam 3 FSU Bailey - Questions and Answers (Complete Solutions) Employees are entitled to twelve weeks of medical leave during a twelve month period The Family and Medical Leave Act guarantees that an employee will be paid one-half his or her salary for up to six months of leave, so long as the leave was for "serious health condition" False Which of the following statements about unemployment compensation insurance is true? - The program is funded and administered by the individual s...

Partnerships typically buy life insurance policies on each partner in order to fund the required purchase of the partner's interest in the partnership when the partner dies T/F - Answer-True Subchapter S corporation will avoid double taxation if which of the following applies? A. All the shareholders agree to be taxed as in a partnership B. The corporation files Articles of Partnership in the state where it has its principal place of business C. The corporation has no retained earnings D...

A master can normally avoid liability for damages caused by a servant if he can show that the servant misunderstood his instructions T or F? - Answer-True In contracts negotiated by an agent who is acting within the scope of his authority for a disclosed principal, the agent, the principal, and the third party are equally liable on the contract T or F? - Answer-False The legal doctrine that holds the master liable for the torts committed by a servant while acting within the scope of this ...

BUL 3310 Exam 1 FSU Bailey Graded A+ Tort law is a subset of private law that seeks to compensate the injured party for the loss caused by the actions of another. True False True Res judicata is best defined as A court enforced promise A controversy that has been litigated and forever settled between the parties The ruling of a court of equity The legal basis for dicta in court opinions. A controversy that has been litigated and forever settled between the parties Today, sc...

BUL 3310 Exam 1 FSU Bailey Complete Guide Tort law is a subset of private law that seeks to compensate the injured party for the loss caused by the actions of another. True False ️True Res judicata is best defined as ️A controversy that has been litigated and forever settled between the parties Today, scholars argue the role of the corporation is to maximize the return on investment of shareholders. True False ️False Deductive reasoning requires one to ____. ️use ma...

BUL 3310 Exam 4- Bailey Graded A+ Partnerships typically buy life insurance policies on each partner in order to fund the required purchase of the partner's interest in the partnership when the partner dies T/F True Subchapter S corporation will avoid double taxation if which of the following applies? A. All the shareholders agree to be taxed as in a partnership B. The corporation files Articles of Partnership in the state where it has its principal place of business C. The corpor...

BUL 3310 Exam 3 Bailey Already Graded A+ A master can normally avoid liability for damages caused by a servant if he can show that the servant misunderstood his instructions T or F? ️True In contracts negotiated by an agent who is acting within the scope of his authority for a disclosed principal, the agent, the principal, and the third party are equally liable on the contract T or F? ️False The legal doctrine that holds the master liable for the torts committed by a servant wh...

BUL 3310 Exam 2 FSU Bailey Verified Solutions A person who uses a logo in an advertisement that is deceptively similar to that of another business commits the tort of false light. True False ️False What is the primary purpose of tort law? Punish wrongdoers Compensate victims for their losses Support society by fining wrongdoers Create precedents in the common law ️Compensate victims for their losses The publication requirement for libel is met if the falsehood is communic...

In contributory fault states, if the plaintiff was responsible for 20 percent of his own injuries, he will still be able to collect the other 80 percent from the negligent defendant T/F False A tort can be a wrongful act against a person, a person's property, or both. T/F True All of the following are economic losses except: Losses from pain and suffering The doctrine under which employers are liable for torts committed by employees while they are acting within the sco...

FLORIDA STATE UNIVERSITY BUL 3310 EXAM 2 FSU BAILEY 2024