Essays /

154 Notes Essay

Essay preview

Emmanuel Sells
11/25/13
Bus 154
Professor Patterson

EXAM #2

Tort-
Intentional torts against property
Infringement – unauthorized use of another persons intellectual property Usage- unreasonable interference
Negligence- a person unintentionally injuring another person. Can be sued

Commercial law-
Contract-
UCC- uniform commercial code
Article 2- selling of goods by merchants
Applications, Merchant obligations, formation of contracts, proof of contracts, performance of obligation under contracts, risk of laws, excuse for non-performance, remedies

Article 3- documents used in lue of money but perform the same functions of money Article 4- banks and deposits
Article 4a- electronic transfers
Article 7- documents of title
Article 8- corporate security. Voting, security, rights
Article 9- secured transaction. Using collateral to secure the loan Elements of a crime
Proper state of mind, specific intent, conscious indifference, insanity, intoxication, infancy Rationale for these laws (purpose)- deterrence, rehabilitation to change character, retribution Classification of laws- solicitation – recruiting a person to commit a crime, conspiracy, burglary, accessory crimes Traditional crimes- murder, manslaughter, rape, battery, assault, arson, receiving stolen goods Moral crimes- drug laws, inconsistent application, gambling laws, prostitution Business crimes- fraud- use of information to commit a theft crime. 1. Must be misrepresentation of factual information 2. Information must be material 3. Knowledge 4. Intent to deceive 5. Reliance on false information 6. Reliance is justifiable 7. Causing economic losses Contracts- 3 key concepts 1. Facilitate commerce –how you do business. Keeps economy afloat. 2. Contracts enforced in a court of law. 3. Future orientated. As economy changes, contract law changes. 1/3 exam 2 is contract law. Commercial law. Consumer protection. Merchants have advantage over consumer. Commercial law made to protect consumer Uniform electronic transaction act 2002, formation of co...

Read more

Keywords

1 1/3 11/25/13 14 154 1950 2 2002 2a 3 4 4a 5 500 6 6.5 7 8 9 aaf abil abnorm abus accept access accessori account acquisit act activ actual addit advantag advertis afeo affect afloat agre agreement allow also alter altern ambigu anim anoth anyth appli applic area arriv arson articl aspect assault assur avoid bank basic batteri better breach bulk burglari bus busi buy buyer cancel cannot cant care carri carrier case caus certain cf chang charact chemic ciff civic clarifi classic classif claus code collater commerc commerci commit common communic comp compens competitor complet complex compli comput concept concern condit conduct confid confirm conform conscious conspiraci construct consum contact contain contract control controversi cooper copyright corpor correct cost cours court cover credit crime curatori cure cyber dakota damag danger date deal deceiv decept defam defect defens defin deliveri deposit destroy destruct determin deterr disclosur distribut document doesn dollar domin draft drug durat earli easi econom economi electron element embarrass emmanuel employ endang enforc engag enjoy environment esteem even everi evid evok exam except excess exclus excus exist exit expect expens explicit facilit fact factual failur faith fall fals feasibl find firm first forc form format fraud freight frustrat function futur gambl gdp get give go good group harass harm hazard heavi hogum honesti honesty-cannot impli implicit import impos imposs impractic imprison inconsist indiffer industri infanc infer inform infring injur insan insolv inspect instal insur integr intellectu intend intent interest interfer intern internet intox introduct intrud invas involv job justifi keep key know knowledg label latent law leas leash lecdd let letter liabil liabl licens lie light limit littl live loan look loss lue made maintain make manslaught manufactur maryland materi matter may medic meet memorandum merchant met might mind misrepresent mistak modifi modify/change/alter money monopoli moral moveabl murder must nation neglig non non-conform non-perform nonessenti nonperform note nuisanc oblig observ offer one onlin open oper orient ownershipo paid paper parol part parti particl patterson pay payment payment/price perceiv percent perfect perform perman person pose posit present prevent price prime privaci privat pro professor prohibit promis proof proper properti prostitut protect prove provis ptr public purpos qtac qualiti question quid quo rape rational re reason receiv recov recruit rehabilit reject relianc remedi rememb repair repay replac reproduct resel retribut revok rib right risk rrr rule safe safer sale say secur sell seller serious sign slander smell social softwar solicit sound south space speci specif specifi spend standard standards-consum state statement statu statut still stolen stop strict su subject subordin substitut sue suffici superior support suppos suspend tangibl tax tender term test theft though titl tort trade trademarks/copyright/patent tradit transact transfer trespass trigger trillion turkey type ucc ucita ufita unauthor unauthrozi unconscion uniform unintend unintent unreason upon usag use use-commerci vagu valuabl vessel violat vote warranti way whenev whether withhold within word work worker write written