Go on the web and find out how to file a civil suit. Explain how the defendant is notified and
what action is required by the defendant.
Before filing a claim, you must offer the person you are suing the opportunity to settle the
debt. You can do this ver
UA 3 2
Describe the legal forms of business ownership?
Sole Proprietorship this type of ownership is owned and operated by individuals.
Partnership ownership consists of two or more persons who operate a business as coowners.
UA 4 1
List 3 types of bailments:
For the benefit of the bailee & bailor
For the sole benefit of the bailee
For the sole benefit of the bailor
Who are the parties in a bailment and what are their responsibilities?
Bailor - the
UNIT 1 - #1 (UA)
The 4 main sources of Law in the United States are:
Constitutions the U.S. Constitutions and constitution of the 50 states
Statutes laws enacted by Congress, state legislatures, and local governments
Court Decisions rules
1. Describe the legal forms of business ownership? sole proprietorship having one
owner; partnership having two or more owners; corporation having one or more
stockholders as owner(s).
2. What are the advantages of each legal form? sole pr
UA 3 1
List 3 types of implied warranties and explain what is meant by implied by law.
Implied warranty of merchantability; implied warranty of fitness for a particular purpose;
implied warranty of title.
Implied by law means that even
UA 2 1
List the 4 main elements (requirements) of a valid contract.
Mutual Agreement agreement between the parties arrived at through offer and
Consideration something of value exchanged by each party
Competent parties pa
Recensin #3 El Comercio electrnico
Como se menciona el comercio es la negociacin o actividad que busca la obtencin de
ganancias o lucro en la venta o compra de mercadera, que est regulada por el Derecho
Comercial, con lo cual las actividades se han venido
El Espiritu de la ley en cdigo de Trabajo
La justicia es la primera virutd de las instituciones sociales, segn Rawls, adicionalmente
establece que cada persona posee una inviolabilidad fundada en la justicia que incluso el
bienestar de la sociedad como un
ndices Financieros Empresa XYZ,
Razon de Liquidez Corriente
Rotacion de Inventarios
Duracion Promedio de Inventario
Perodo Promedio de Cobro
Perodo Promedio de Pago
Razn de Endeudameinto
Cobertura de I
UA 2-1 Answers
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1. What are the elements (requirements) of a valid (legal or binding) contract?
agreement (offer and acceptance), competent parties, promise of exchange of value
between the parties consideration), does not vi
STUDY GUIDE ANSWERS
Express Contract contract in which the agreement is specifically stated
Valid Contract contract containing all the essential elements
Agreement agreement between the parties arrived at through offer and acceptance
1. List 3 types of bailments. mutual benefit (most common);
benefit of bailor; benefit of bailee (bailee borrows something of
2. Who are the parties in a bailment and what are their
responsibilities? bailor, the owner, who must be willing
List 3 types of implied warranties and explain what is meant by "implied by
Title, Service, Product Liability. federal law says we have these whenever we
buy personal property. nothing has to be said or written to the purchaser to get th
UA 2 2
What is the purpose of the Statute of Frauds? What 6 specific types of contracts does it
Statute of Frauds is law that requires that certain types of contracts be in writing.
6 specific types of contracts covered by Statu
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1. the only purpose of the SOF is to make it easy for a judge in a breach suit.
seeing the written contract makes it much easier to make a decision than to just
have to take the word of the plaintiff and defendant. in
LABORATORIO No. 1
Repaso de los Estados Financieros
Facultad de Ciencias Econmicas y Empresariales
Curso: Administracin Financiera (Maestra)
Catedrtico: MGTR. Edgar Lara Yela
Nombre: _ Carn: _
SERIE I. Construya el Estado de Resultados y el Balance Genera