Name of Case:
England vs S & M Foods, INC
-Betty England worked at the restaurant Dairy Queens in Tallulah, Louisiana
-Larry Garely was the manager of the Dairy Queens
-Garely and England had an argument regarding hamburgers that were prepared inco
Chapter 9 Monopoly
Monopoly: a firm that is the only seller of a good or service that does
not have a close substitute.
How to decide if a firm is monopoly? If it can ignore the action of all
Where do monopolies come from?
INTRODUCTION TO BUSINESS LAW
BIZLAWQUIZ #12 CONTRACT ID [WOLF-AWAY] KEY
1. LEASE AGREEMENT COMMON LAW
2. LOAN/FINANCING AGREEMENT COMMON LAW
3. SUPPLY AGREEMENTS UCC for materials/supplies/equipment
COMMON LAW for utilities
[? MIXED for water: servi
INTRODUCTION TO BUSINESS LAW SECTION 18.06 WINTER 2017
Student question to be included in Exam #2:
(Based on a suggested question submitted by the team of Emma T, Peter N and
Which of the following is NOT a way in which an offer may be terminat
Disclaimer of Implied Warranties
Customers are urged to carefully inspect any pets prior to purchase from
this store, as all animals are sold as is and subject to all faults, visible or
otherwise. You become responsible for the wellbeing of any ani
1. We guarantee on every animals we sell.
2. Store do not sell pets that having problem or disease to ensure the quality of the products.
3. Within the first 5 days, if you are dissatisfied with the new pet for any
reason (or if it is deceased), th
GDP: Measuring total production and income
Expansion: the period of a business cycle during which total
production and total employment are increase.
Recession: the decreasing
Inflation rate: the percentage increase in the price level from
one years to
Chapter 7 and 8
Chapter 7 Production function
Technology: the processes a firm used to turn inputs into outputs of
goods and services.
Technology: A change in the ability of a firm to produce a given level
of output with given quantity inputs.
Econ 2 Thomas
Sustainability is how biological systems remain diverse and productive.
Environmental sustainability and economic development can be considered
contending imperatives. As human, we want our economic grow as fast as possib
Community engagement #2
Econ 2 Thomas
This time I also went to do at the same place which is raft. There is a really
interesting and relax place to go. Because we are almost run out of time to do the
community service, I decide to do
According to lab sheet:
How to Set and Achieve any Goal You Have in Your Life; Motivation & Goal Setting
From the hour video and the short, I realized that goal setting is not only telling
your friends or yourself that I want to
Scarcity: A situation in which unlimited wants exceed the limited
resource available to fulfill those wants.
Economic: the study of the choice people make to attain their goals,
given their scarce resources.
Economic model: A simplified version of reality
Elasticity: demand and supply elasticity
A measure of how much one economic variable responds to changes in another
Price elasticity of demand: The responsiveness of the quantity demand to a
change in price, meas
Business cycle Alternating periods of economic expansion and
economic recession. In this chapter. We focus on two different
types of business cycle.
1. the long run growth that has steadily eased living standards in
Agenda for ECON 2
1. FED 2
Price controls Price floor
2. HW: elasticity due W
Quiz 2 W
EXAM 2 TH
DETERMINANTS OF P-E OF 1
3. Exam 2 tomorrow
HW due tonight
Elastic total revenue
EXAM #2 STUDYGUIDE
BLT SERIES II
IDENTIFY THE LEGAL TERM THAT MATCHES THIS
UNDER THE UCC, WHEN TWO MERCHANTS REACH
AN ORAL AGREEMENT, IF WITHIN A REASONABLE
TIME ONE SENDS THE OTHER WRITTEN
CONFIRMATION, SUFFICIENTLY DETAILED TO BE
1. All pets are sold in Pet Shop are guaranteed to be healthy, and have a healthy certification and
unique selling code.
2. Any pets bought should be checked carefully before purchased by customers, make sure read the
descriptions of the pets, and
Disclaimer of Implied Warranty of Merchantability and Fitness
Seller hereby disclaims the warranties of merchantability and fitness. No warranty to customer from seller is implied.
Buyer must acknowledge that all pets or items are received in
FIRAC ANALYSIS TEMPLATE
Luber v. Luber
614 A.2d 771 (1992)
Michael and his wife Barbara got divorced in 1987. On october 31, 1990 Barbara filed a petition for Order to Comply with Terms and Agreed Settlement.
1. All pets purchased in store are guaranteed to be healthy.
2. The shop is only responsible for the sale of pets, any joint items are not responsible, such as
cages, fish tanks. If cause losses, shall be borne by the buyers responsibility.
3. In o
The PurrPet Shop disclaims any responsibility and liability arising out of implied warranty or fitness of a particular purpose. The PurrPet Shop employees do their best to provide the most accurate
of service, however it is not fully guaranteed th