A maker or drawer can appoint an agent to sign a negotiable instrument on his or her behalf
Indicate whether the statement is true or false
TRUE
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You purchase a computer for $1,500, having being told by the vendor that it is a 2002 model. After receiving it, you discover that it is a 2001 model, worth only about $1,200. What are your remedies?
A) If the vendor was honest but mistaken, you can return the computer and get your $1,500 back. B) If the vendor should have known that facts, you cannot return the computer but you can get $300 back. C) If the vendor knew the facts and lied about them, you can return the computer and get damages of $300. D) If the vendor wasn't sure about the model, you cannot return the computer, but you can get $300 in damages E) Buyer beware, there is nothing you can do you should have checked it out more carefully
Which of the following does not belong in the group?
A) A cheque B) A promissory note C) A letter of credit D) An IOU E) Both C and D
To find a violation of Section 2 of the Sherman Act, if sufficient monopoly power has been proved, the law must then show that the firm has engaged in unfair conduct
a. True b. False Indicate whether the statement is true or false
Title VII's religious organization exemption:
a. requires religious organizations to establish BFOQs based on religion b. exempts religious organizations from all of Title VII's requirements c. allows religious organizations to favor persons of the same faith for positions that have clear spiritual functions, but not for secular activities d. allows religious organizations to favor persons of the same faith for secular activities, but not forpositions that have clear spiritual functions e. none of the above