Introduction to Contracts
All 4 must be present of a valid and enforceable contra
Types of Contracts
Conceptual skills: the ability to see the organization as a whole, understand how the different parts affect
each other, and recognize how the company fits into or
Distinguish between (a) organized exchanges and OTC markets, (b) brokers and securities dealers,
(c) market orders and limit orders
a) Organized exchange: A securities marketplace where purchasers and sellers regularly gather
to trade securities accord
EXPLAIN THE ROLE OF THE INVESTMENT BANKERS.
Middleman who brings together investors and firms (and governments) issuing new securities.
DESCRIBE THE COMPONENTS OF A PUBLIC SALE OF SECURITIES.
- Originating house
- Best efforts a
Define money and determine how the money supply is measured.
money is something everyone needs to live. There is paper money, coins, gold.
Develop a yield curve and contrast positive and negative yield curves
Differentiate the direct and indirect
1. M-1 includes coins, currency and
2. The power to create money is given by the Constitution to
3. The term structure of interest rates relates
Term and yields
4. The term structure of interest rates indicate
Mid-term Exam Review
THE FEDERAL SYSTEM Our federal system of government means that law comes
from a national government in Washington, D.C., and from 50 state governments.
LEGAL HISTORY The history of law foreshadows many current legal issues, including
Video Quiz Chapter 7
1. The Foreign Corrupt Practices Act (FCPA) makes it illegal for US citizens to bribe high ranking
foreign officials to get new business. A violation can have a criminal penalty that involves up to
five years in prison. If Phil were t
Which of the following is a valid reason for a court finding a contract unenforceable?
The contract is based on an illegal purpose.
The contract is against public policy.
The contract is entered into with a minor.
All of the above
None of the above
Towania Mims (username: tmims2)
Written: Aug 30, 2015 7:45 PM - Aug 30, 2015 8:23 PM
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The doctrine of stare decisis:
makes the legal process more expensiv
BUSINESS LAW I
Chapters 1, 2 & 5
Sources of American Law:
U.S. Constitution and Bill of Rights
*Books, articles and the like law
CLASSIFICATION OF LAW
When we talk about classifications of law,
generally one thinks
Types of Business
Entrepreneurship & Small
Medium size business
Franchise & License
One who cr
Chapters 20 & 21
Formation of Sales & Lease Contracts
Uniform Commercial Code (UCC) Not itself law
But, when adopted by a state = a law of that state.
Divided into articles
Several Articles apply to commercial transactions
Remedies & Quasi-Contracts
Remedies are ways in which to compensate a wronged party
Rescission & Restitution
Reasonable expectation of payment
1 / 1 point
A purchaser can acquire better title than the seller had.
1 / 1 point
Buyer is located in Des Moines, Iowa and seller is located in Sacramento, California. The
contract specifies F.O.B. Des Moines. This
List several aggregate measures of the stock market
Determine How American Depository Receipts (ADRs) Facilitate trading in foreign
Such receipts are created by large financial institutions such as commercial