A mutual mistake of fact makes a contract ________
Fill in the blank(s) with the appropriate word(s).
Ans: void.
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According to the priority of law in the United States, which of the following statements is true?
A) State regulations take precedence over state statutes. B) Valid state laws take precedence over any conflicting federal laws. C) Valid state laws take precedence over local laws. D) State laws take precedence over the U.S. Constitution within that state.
Case law results from judicial ________ of constitutions and statutes
A) nullification B) execution C) interpretation D) enforcement
Consumer advocates believe the practice of downsizing by consumer products firms has resulted in ________.
A. fewer product choices for consumers that led to rising prices B. lower product prices for consumers because of lower labor, raw material, and packaging costs C. a greener environment due to the reduction in the amount of packaging, thereby reducing the amount of waste disposed in landfills D. a subtle, deceptive, yet legal practice of disguising a price increase E. keeping prices from rising in response to the psychological barriers consumers have developed for downsized products
A business corporation can be incorporated under either state law or federal law.
Answer the following statement true (T) or false (F)