1 Business law consists of the enforceable rules of conduct
that govern commercial relationships.
2 Because of the law, we rely on the goodwill and
dependability of one another.
3 Public law controls disputes between private individuals or
1 Whether a contract is bilateral or unilateral depends upon
what response the offeror expects from the offeree.
2 A person who is intoxicated when signing a contract may
not avoid the contract based on being intoxicated because
being intoxicated is
1. In the case of the reckless deliveryman, Margoli's and all of its
employees are located in Michigan. When the manager, Carlos, was
making a delivery, he exceeded the speed limit and struck Carlene.
Carlene is now a paraplegic and must abandon her caree