Business Law 3 Flashcards
T/F: A police officer must have a warrant to arrest someone
False
T/F: A crime is an offense against the public good
false
T/F: Motive plays no part in in proving criminal liability
True
T/F a person claiming self-defense must retreat before resorting to force
False
T/F: a tort is a wrong against an individual
True
T/F: Consideration is the legal ability to to enter a contract
False
What is the heart of the golden rule?
empathy
The law doesn’t enforce a contract in which there is no consideration; the contract is:
gratuitous
If a licensing statue is designed to raise revenue rather than to protect the public, contracts made with unlicensed persons will be
binding
An exception to the writing requirement for a contract for the sale of real property is called part performance, or
equitable estoppel
Oral statements made before signing a written contract are not admissible as evidence under the
parol evidence rule
An offer to do what you have agreed to do under a contract is
tender of performance
Wrongful acts of one of the parties may discharge a contract by
operation of law