According to private law, private persons may:
A. make their own rules only after studying practice of similar precedents.
B. create legally binding agreements through their power to contract.
C. create their own rules when there is no prior statute.
D. enter into contracts, but the contracts will not be upheld in court.
Answer: B
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Marcus has continued to tell sexually explicit jokes during lunch breaks even after being warned that such behavior was inappropriate and that he had to stop. Marcus is engaging in ______ sexual harassment.
a. intimidating b. offensive c. antisocial d. hostile
The ________ says that agents' contracts to sell property covered by the Statute of Frauds must be in writing to be enforceable
A) merger clause B) common law of contracts C) doctrine of equity D) equal dignity rule
Answer the following statement(s) true (T) or false (F)
Sources of debt financing include trade credit, accounts receivable financing, factoring, and finance companies.
Which of the following best defines short-swing profits?
A. profits made by an insider by selling shares of the corporation before the public disclosure of unfavorable information B. profits made by an insider by personally purchasing shares of the corporation before the public release of favorable information C. profits made by a statutory insider on trades involving equity securities of his or her corporation that occur within six months of each other D. profits made by a tippee by personally purchasing shares of the corporation either before or after the public release of favorable information