Final Exam 2021.pdf - INTRO TO BUSINESS LAW LAWM 528-301...

INTRO TO BUSINESS LAW (LAWM 528-301)--FINAL EXAM--SUMMER 2021
Instructions: After you download this exam, you have 24 hours to complete it. My
expectation is that you should spend around 3 hours on it. In completing the exam, you
may use DBL, our supplemental readings on Canvas, power points, written hypotheticals,
and your not es, but please don’t do any outside research. The “Short Answer” question is
worth 20% of the grade for the exam, and the “Hypothetical Analysis” and “Policy
Question” are worth 40% each. Good luck!
A. SHORT ANSWER SECTION
1. Jane and John are two friends preparing to start their own business. The business will
provide information technology, computer support, and website design services to small and
medium sized businesses.
What are four (4) things that Jane and John can do to protect themselves from potential
liability, to customers and/or to each other?