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0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Sole proprietorship [Answer]
One owner, single taxation, unlimited liability
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Partnership [Answer]
Two+ owners, single taxation, unlimited liability
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Corporation [Answer]
One or more owners, double taxation, limited to capital contribution
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Limited liability company [Answer]
One or more owners, single taxation, limited to capital contribution
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Limited partnership [Answer]
A partnership of at least one general partner and one or more limited partners. The limited partners’ liability is limited to their investments so long as they do not participate in management decisions
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Uniform Partnership Act (UPA) [Answer]
Known as a gap filler, the UPA comes into play only if terms are left out of a partnership agreement
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Partnership by estoppel [Answer]
A partnership created by the words or actions of persons acting as though they were a partnership
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Dividend [Answer]
A distribution of the corporate profit as ordered by the directors
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Articles of incorporation [Answer]
Primary document needed to form a corporation
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Registered agent [Answer]
The person designated to receive service of legal documents for a corporation
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Shareholders [Answer]
Persons who hold shares of stock. They elect board of directors.
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Board of Directors [Answer]
Responsible for the management of the corporation
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Fiduciary [Answer]
A relationship in which a person in a position of trust is responsible for acting in the best interests of another party
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Closely held corporations [Answer]
Relatively small operations in which one person or the members of one family own all the stock
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Foreign corporation [Answer]
When a corporation incorporated in one state does business in another state
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Domestic corporation [Answer]
When a corporation does business in the same state it’s incorporated in
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Alien corporation [Answer]
A corporation formed in another country
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Domestication [Answer]
Foreign & alien corporations must file for this in order to do business in a state
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Public corporation [Answer]
Widely held - public shareholders
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Private corporation [Answer]
Small number of shareholders
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Closely Held (or Close) corporation [Answer]
Small number of shareholders (often family)
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Piercing the corporate veil [Answer]
When a court sets aside the liability protection normally given to corporate shareholders
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Limited liability company (LLC) [Answer]
A new form of business ownership that gives small businesses the advantage of liability limited to the amount of the owner’s investment along with single taxation
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Commercial paper [Answer]
Refers to a variety of instruments (written documents) used for making payments
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Secured transaction [Answer]
Whenever a supplier or creditor asks for a guarantee of repayment in the form of collateral
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Note [Answer]
A promise to pay money involving two parties, maker & payee; maker signs the instrument promising to pay money to the payee
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Co-makers [Answer]
Of a note…both are liable
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Guarantor [Answer]
Person who signs on the back of a note. Secondarily liable if maker(s) default.
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Draft [Answer]
Three-party instrument in which the drawer orders the drawee (if bank it’s a check, if else it could be money order) to pay money to the payee; it is an order to pay
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Check [Answer]
A specialized form of a draft in which a bank depositor names a specific payee to whom funds are to be paid from the drawer’s account; it is an order to pay
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Cashier’s check [Answer]
Drawer & drawee are same bank
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Teller’s check [Answer]
Drawn by a bank on another bank
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Certified check [Answer]
Check accepted for payment by a bank (bank promises to cash it)
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Bearer paper [Answer]
Instrument will have written on its front a statement that it is payable to cash or payable to the bearer, or it will have a signature on the back, causing it to be indorsed in blank
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Indorsement in blank, blank endorsement [Answer]
When an indorser simply signs his or her name and does not specify to whom the instrument is payable - it becomes bearer paper
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Special endorsement [Answer]
When an indorser writes “pay to Person C” on the back. Person B is still responsible
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Qualified endorsement [Answer]
When an indorser writes “pay to Person C without recourse” on the back. Person B is not responsible if it bounces
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Order paper [Answer]
States on its face “pay to the order of” a specific payee and has not been indorsed in lank on its back
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Negotiable instrument [Answer]
Commercial paper that can be transferred by endorsement or delivery. Must meet the requirements of UCC s 3-104 to be negotiable. If it does not, a transferee cannot become a holder but only gets the rights along with the liabilities of a contract assignee
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] UCC requirements for negotiable instrument [Answer]
1. in writing, 2. signed by the maker or drawer, 3. an unconditional promise or order to pay, 4. state a specific sum of money, 5. payable on demand or at a definite time, and 6. payable to order or to bearer
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Holder [Answer]
If bearer paper - a person becomes holder by proper delivery; if order paper, by proper delivery AND it must have all necessary indorsements
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Holder in due course [Answer]
A holder who has not only the right to enforce the agreement but also to be exempt from some of the defenses that could have been asserted against the original payee.
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Shelter principle [Answer]
One can buy the rights of a negotiable instrument free of personal defenses
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Personal defense to neg. instrument [Answer]
Breach of warranty, unauthorized completion (filling out the check w/out approval)
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Universal defense to neg. instrument [Answer]
Even HDC not protected - bankruptcy, alteration, forgery
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] UCC requirements for holder in due course [Answer]
1. who gives value, 2. in good faith, and 3. without notice that the instrument is overdue or has been dishonored or has any claims against it or defenses to it
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Attached security interest (attachment) [Answer]
1. creditor must either possess the collateral or have a signed security agreement, 2. the creditor must have given something of value, and 3. the debtor must have rights in the collateral
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Perfected security interest (perfection) [Answer]
1. possessing the collateral, or 2. filing a financing statement, or 3. giving money to purchase consumer goods
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Purchase money security interest PMSI [Answer]
Special type of perfected security interest in which a seller gives credit to a debtor so that the debtor can purchase a particular item
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Buyer in the ordinary course of business [Answer]
Rule protecting the ordinary buyer. (If you buy a tv from Sears & Sears defaults on a debt incurred in purchasing tv inventory. The creditor can’t seize your tv.)
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Order of priorities among creditors & buyers [Answer]
1. buyers in the ordinary course of business, 2. perfected purchase money security interests, 3. perfected security interests, 4. lien creditors, 5. unperfected security interests, 6. general creditors
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Floating lien [Answer]
A security interest can be retained in collateral even when the collateral changes in character or location
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Agent [Answer]
Someone who has the power to act in the place of another
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Principal [Answer]
A person who permits or directs another person to act on the his/her behalf
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Fiduciary duty [Answer]
A legally imposed obligation to act in the best interest of the party to whom the duty is owed
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Equal dignity rule [Answer]
If the thing you want your agent to do must be in writing, then the agency relationship must be created in writing
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Actual authority [Answer]
Can be express or implied
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Apparent authority [Answer]
3rd party believes that the person is an agent of someone
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Alternate ways agency relationships can be created [Answer]
1. estoppel - if principal holds you out as an agent & a 3rd party relies on that, 2. by order of law “agent for service of process” - if agent dies - someone is appointed to take place, 3. by emergency
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Agents duties to Principal [Answer]
1. performance, 2. notification, 3. loyalty, 4. obedience, 5. accounting
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Principals duties to Agent [Answer]
1. compensation (usually), 2. reimbursement & indemnification, 3. cooperation, 4. safe working conditions
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Fully disclosed agency [Answer]
Identity of agent & principal known; if breach of contract, principal is liable, not agent
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Partially disclosed agency [Answer]
Identity of principal unknown; if breach of contract, both are liable
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Undisclosed agency [Answer]
Not aware you’re dealing with an agency relationship; if breach of contract, agent is liable, principal can be held liable if identity discovered
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Respondeat superior [Answer]
“let the master answer”, tort theory that an employer can be sued for the negligent acts of its employees
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Title VII [Answer]
Part of the Civil Rights Act of 1964 dealing with employment. Also established EEOC.
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Protected categories under Title VII [Answer]
Race, color, religion, sex, and national origin
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] 3 theories of discrimination [Answer]
Overt, disparate treatment, disparate impact
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Overt discrimination [Answer]
Where the employer openly refuses to treat all applicants or employees equally
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Bona fide occupational qualification [Answer]
A defense to an overt discrimination claim, alleging that the qualification is necessary to the essence of the business operation
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Disparate treatment [Answer]
The legal theory applied when a rejected applicant claims the reason for rejection was based on a discriminatory intent but the employer alleges a nondiscriminatory reason
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Disparate impact [Answer]
The legal theory applied when the use of a neutral standard has a disproportionate impact on one protected group
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Burden of production [Answer]
The necessity to produce some evidence, but it need not be so strong as to convince the trier of fact of its truth.
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Burden of proof [Answer]
The necessity of proving the truth of the matter asserted
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Quid pro quo sexual harassment [Answer]
Involving an exchange of sexual favors for employment benefits
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Intimidating, hostile, or offensive work environment [Answer]
A reasonable person would find it to be hostile or abusive
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Affirmative action [Answer]
Allows an employer to use race or gender as a “plus factor” when choosing between two equally qualified applicants
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] ADEA [Answer]
Age Discrimination in Employment Act (1967) - Protected class age 40+
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] ADA [Answer]
Americans with Disabilities Act (1990)
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Disability [Answer]
A physical or mental impairment that substantially limits a major life activity
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Qualified individual with a disability [Answer]
An impaired individual who can perform the essential job functions
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Reasonable accommodation [Answer]
Special provisions for a disable employee that do not create an undue hardship for the employer
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Family law [Answer]
The area of the law that covers marriage, divorce, and parent-child relationships
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Solemnized marriage [Answer]
A marriage in which the couple has obtained the proper marriage license from a local government official and has then taken marriage vows before either a recognized member of the clergy or a judge and a designated number of witnesses.
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Common-law marriage [Answer]
A marriage that has not been solemnized but in which the couple has mutually agreed to enter into a relationship in which they accept all the duties and responsibilities that correspond to those of marriage
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Forced share [Answer]
Each of the married partners is given a statutory right to inherit from the other, even if the other spouse seeks to prevent it
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Prenuptial agreement (aka antenuptial agreement) [Answer]
A document that prospective spouses sign prior to marriage regarding financial and other arrangements should the marriage end
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Anti-heart-balm statute [Answer]
A law that prohibits lawsuits for such things as breach of a promise to marriage, alienation of affection, and seduction of a person over the legal age of consent
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Annulment [Answer]
A legal (or religious) judgment that a valid marriage never existed. Because a legal marriage never existed, normally there are no continuing matrimonial obligations, such as a duty to pay support or attorney’s fees.
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Divorce (aka dissolution) [Answer]
A legal judgment that dissolves a marriage. Does not erase the existence of the marital relationship.
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Voidable marriage [Answer]
A marriage that was valid when it was entered into and that remains valid until either party obtains a court order dissolving it
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Void marriage [Answer]
A marriage that is invalid from its inception and that does not require court action for the parties to be free of any marital obligations
[]
Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Fraud [Answer]
A false representation of facts or intentional perversion of the truth to induce someone to take some action or give up something of value
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] No-fault divorce [Answer]
A form of divorce that allows a couple to end their marital relationship without having to assess blame for the breakup.
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Temporary restraining order (TRO) [Answer]
Sometimes also called a protection order,A court order of limited duration designed to maintain the status quo pending further court action at a later date
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Protection order [Answer]
A court order issued in domestic violence and abuse cases to keep one spouse away from the other, the children, or the home
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Settlement agreement [Answer]
A document that contains the arrangements agreed on by the parties to a dispute
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Marital property [Answer]
Property that is subject to court distribution upon termination of the marriage
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Alimony (aka maintenance or support) [Answer]
Financial support and other forms of assistance required to supply the “necessities” of life; in NC: alimony terminated by remarriage or cohabitation of the dependent spouse, or by the death of either spouse
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json
0c2e1727_rds_about_Legal_Survey_Vocab_4__Answer
[Question] Community property states [Answer]
States that classify all property acquired by either the husband or the wife during the marriage, with the exception of gifts or inheritance, as marital property to be equally distributed between the spouses at the time of the divorce.
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Flashcards about Legal Survey Vocab 4
Answer
http://www.studystack.com/flashcard-365313
38/1438042981969.11_20150728002301-00061-ip-10-236-191-2_722296063_3.json