BUSA303 Fall 2018 Section 02 Module 2 Test Review Response This question is

Busa303 fall 2018 section 02 module 2 test review

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BUSA303 – Fall 2018 Section 02 – Module 2 Test Review Response: This question is correct as it is. The reason that it was missed was that many of you selected “C” which is not correct. We talked about this specifically in class. The company owns the assets and the shareholders own shares in the corporation. If a company were liquidated, the assets would be sold, the debts paid and, if there was anything left, they would get a share of what remained but, in a corporation, the shareholders do not own the assets as they do in a partnership (which is what answer “C” was testing).
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BUSA303 – Fall 2018 Section 02 – Module 2 Test Review Response: This question is incorrect in Sakai. “B” is a correct answer and I have given credit to everyone who missed this question.
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BUSA303 – Fall 2018 Section 02 – Module 2 Test Review Response: This question is correct as is. There is a chart on Sakai. Future interests are not possessory because they exist only in the future.
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BUSA303 – Fall 2018 Section 02 – Module 2 Test Review Response: This question is not as clear as it could be. It should say “How is real estate ownership transferred from one person to another?” Real estate ownership can only be transferred by the recording of a deed or by adverse possession. I gave everyone credit for this question.
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BUSA303 – Fall 2018 Section 02 – Module 2 Test Review Response: This question is correct as is. Remember that in order to be patentable an invention must be new or novel. In this case, there were others who created the invention before her so her invention is not new or novel.
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  • Spring '14
  • DianeMacDonald
  • Business Law, Corporation

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