Business

Which of the following is NOT one of the six conditions that make a co

QUESTION Which of the following is NOT one of the six conditions that make a contract legally enforceable? A) offer B) agreement C) consent D) consideration E) legality   ANSWER Answer: A Explanation: A) The two of the six conditions that make a contract legally enforceable and that are missing from the list are capacity […]

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Date: September 3rd, 2020

Implied warranties include the premise that the product or service sho

QUESTION Implied warranties include the premise that the product or service should deliver the promises advertised. Indicate whether the statement is true or false.   ANSWER Answer: TRUE Explanation: Implied warranties include the premise that the product or service should deliver the promises advertised. They also include the premise that the product or service should […]

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Date: September 3rd, 2020

For cases that are not solved in lower courts but keep getting passed

QUESTION For cases that are not solved in lower courts but keep getting passed up through the court system, what is the order of the type of court each case goes through? A) supreme courts, appellate courts, trial courts B) appellate courts, trial courts, supreme courts C) appellate courts, supreme courts, trial courts D) trial […]

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Date: September 3rd, 2020

The Consumer Financial Protective Bureau, an independent agency housed

QUESTION The Consumer Financial Protective Bureau, an independent agency housed in the Federal Reserve with its own budget and director and the authority to prevent or correct financial abuses, was set up as an attempt to try to prevent another big financial crisis. It is responsible for financial consumer protection. The CFPB is an example […]

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Date: September 3rd, 2020