STUDY GUIDE. for Final Exam. Business Law (1).docx - STUDY...

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STUDY GUIDE for FINAL EXAM,BUSINESS LAWContent:Approximately 70% of the material covered on the final exam will be onChapters 8 to 16, 30% will be on Chapters 1 to 7.Types of Questions:60% of the final exam will be multiple choice/short answer, and will be closedbook.40% will be the written part for which a 2 page (2 sided) cheat sheet will bepermitted.One of the cheat sheets can be the one you prepared for the Mid-Term.The written part will be case studies for you to explain the issues and theposition of each of the parties involved in the respective scenarios by applyingthe legal principles you have learned in this class.Material Review:Prepare firstly by reviewing the [a] PowerPoint slides as a framework for thetext;[b] the notes you’ve taken from the lectures; and[c] the chapter endquestions to ensure you are:1/able to explain the factors affecting the contractual relationship, availableremedies for breach of contract and the end of the contractual relationship;2/able to explain the advantages and disadvantages of the various forms ofbusiness organizations, including a review of the sole proprietorship,partnerships mid corporations and the advantages and disadvantagesassociated with each form of business organization;3/able to explain general principles of employment law, agency law andinsurance, including the differences between employees, agents andindependent contractors, legislation affecting the employer-employeerelationship, the duties and obligations of employees and agents;4/able to explain real, personal and intellectual property, including a thevarious interests in land, the law of bailment, principles of secured transactionsand forms of intellectual property; and5/

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Term
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