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Business Law Practice Exam #3 flashcards | Quizlet -...

  • De Anza College
  • BUS BUS18
  • Test Prep
  • hannie
  • 17
  • 86% (14) 12 out of 14 people found this document helpful

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1/3/15 12:50 AMBusiness Law Practice Exam #3 flashcards | QuizletReady to study?Start with FlashcardsHeather applied for a promotion, but herBusiness Law Practice Exam #359 terms bytaryngabbert
Page 1 of 17house. Adam was interested in buying thehouse. If both Jolene and Adam agree, Lacy,a real estate agent, may represent bothparties.
manager promoted a co-worker because themanager knew Heather was seven monthspregnant. The manager did not want topromote someone who would probably betaking time off of work for childbirth andchild care. The manager has acted legally toprotect the company's interests.It is currently legal for a private employer to
use lie detector tests as part of its usualhiring process.Some courts have held that employee
handbooks create binding contract terms.Whistleblowers are employees who disclose
illegal behavior on the part of theiremployers.If an employee is an employee at will, the
traditional rule was the employer could firethe employee for a good reason, a badreason, or no reason at all.Rob agrees to act as an agent for Diane in
selling her car. Diane has a duty of loyalty toRob.Jolene hired Lacy to find a buyer for her
1/3/15 12:50 AMBusiness Law Practice Exam #3 flashcards | QuizletPage 2 of 17Victoria is the director of marketing for BigCorporation. Victoria needed to negotiate anout-of-town contract on behalf of Big. Bighas a legal duty to reimburse Victoria for thehotel expenses she incurs negotiating thecontract.Kaiya owes a fiduciary duty to TriColor.It does not create an agency relationshipbetween Minott Mills and Douthett Co. forMinott Mills to contract to sell 500 yards offabric to Douthett Co.Esday, Inc. hired Mark to be a financialanalyst. Because of the equal dignities rule,the employment contract between Esday andMark must be in writing.If ambiguity is present as to the principal'sintent, the court will look to the principal'ssubjective intent.If someone acts without authority, a"principal" can decide later to be bound bythe actions as long as the "agent" indicates tothe third party that he is acting for aprincipal, the "principal" knows all thematerial facts of the transaction, and the"principal" accepts the benefit of at least partof the transaction.

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Term
Fall
Professor
Gough
Tags
Business Law, Corporation, business law practice, Law Practice Exam

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