Business LAW 531 Week 6 Final Exam New Assignments
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c) unenforceable contract<br />
d) voidable contract<br />
26. An essential element of a tort is that the alleged defamatory statement must be “of and<br />
concerning” the plaintiff. Why?<br />
a) It is extremely difficult to prove.<br />
b) It aims to protect reputation.<br />
c) It concerns public figures.<br />
d) It places the burden on the defendant.<br />
Download now Entire course <strong>LAW</strong> <strong>531</strong> Entire Course<br />
27. Which of the following is an accurate statement about powers delegated to and<br />
possessed by administrative agencies?<br />
a) Most administrative agencies are given restricted powers to comply with the<br />
constitutional principle of separation of powers.<br />
b) An agency’s rulemaking power would be classified as discretionary power rather than<br />
ministerial.<br />
c) The most important administrative agencies typically possess rulemaking powers but<br />
lack adjudicatory powers.<br />
d) Modern courts tend not to uphold the validity of broad delegations of power by Congress<br />
to administrative agencies.<br />
28. Which of the following is true of a person’s capacity to be a principal or an agent?<br />
a) To be an agent, a person must have the capacity to perform non-delegable obligations<br />
for the principal.<br />
b) To be an agent, a person must have the ability to make his own contracts, independent<br />
of the principal.<br />
c) A principal must have the capacity to do the acts for which the agent has been retained.<br />
d) Any duty that a principal has the capacity to perform can be delegated to an authorized<br />
agent.<br />
<strong>LAW</strong> <strong>531</strong> <strong>Final</strong> Questions and Answers <strong>LAW</strong> <strong>531</strong> <strong>Final</strong> <strong>Exam</strong> <strong>Week</strong> 6<br />
29. The typical dissolution of a corporation requires approval of the _____.