Explain the role that power, importance and fascination play in contemporary American law
The role of "power" in contemporary law is reflected in the fact that the strong reach of the law touches nearly everything we do. The role of "importance" in contemporary law reflects the fact that law is essential. Every society of which we have any historical record has had some system of laws. The law too, is fascinating. For better or worse, we do expect courts to resolve many problems. Not only do Americans litigate, they watch each other do it. Every television season offers at least one new courtroom drama to a national audience. In addition, almost all of the states permit live television coverage of real trials.
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The Employee Polygraph Protection Act of 1988 prohibits private employers from using mechanical lie detector tests to investigate economic losses due to theft, embezzlement, or industrial espionage.
Answer the following statement true (T) or false (F)
Bijan Corporation earned $4,000 of revenue that had been deferred. How would the related adjusting entry be recorded in the company's T-accounts?
A.
| Cash | |
| 4,000 | |
| Revenue | |
| 4,000 | |
B.
| Unearned Revenue | |
| 4,000 | |
| Revenue | |
| 4,000 | |
C.
| Revenue | |
| 4,000 | |
| Unearned Revenue | |
| 4,000 | |
D.
| Cash | |
| 4,000 | |
| Unearned Revenue | |
| 4,000 | |
The court in Public Service Commission of Maryland v. Panda-Brandywine, L.P.:
a. held that there is no legal distinction between the transfer of contractual rights and duties. b. found the issue was whether an assignment or delegation could be made in this case. c. found that the provisions in the Asset Purchase and Sale Agreement did not constitute an assignment or transfer within the meaning of the parties' agreement. d. held that there was an assignment of rights and delegation of duties in contravention of the parties' agreement and the transfer was therefore invalid and unenforceable.
Homer can write checks on his account at InterCity Bank. Jemma steals the checks, forges Homer's signature, and cashes the checks at InterCity. The bank is excused from any liability if, after receipt of the first forged check, Homer fails to report the forgeries within A) fourteen days
B) one year. C) six days. D) six months.