Exam 1

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Exam 1

  1. 1. BUSINESS LAW <ul><li>RAYMOND J. RAUSCH </li></ul>
  2. 2. INTRODUCTION TO LAW <ul><li>I. SOURCES OF LAW </li></ul><ul><li>A. CONSTITUTIONS </li></ul><ul><li>B. STATUTES AND ORDINANCES </li></ul><ul><li>C. CASE LAW </li></ul>
  3. 3. <ul><li>JUSTICE POWELL </li></ul>
  4. 4. <ul><li>D. ADMINISTRATIVE AGENCY REG </li></ul><ul><li>E. COMMON LAW </li></ul><ul><li>II. COMMERCIAL LAW </li></ul><ul><li>A. INTRODUCTION </li></ul><ul><li>B. NATIONAL CONFERENCE </li></ul><ul><li>C. UNIFORM COMMERCIAL CODE </li></ul>INTRODUCTION TO LAW SOURCES OF LAW
  5. 5. <ul><li>III. CLASSIFICATIONS OF LAW </li></ul><ul><li>A. SUBSTANTIVE vs. PROCEDURAL </li></ul><ul><li>B. PUBLIC vs. PRIVATE </li></ul><ul><li>C. CIVIL vs. CRIMINAL </li></ul><ul><li>D. REMEDIES IN LAW </li></ul><ul><li>AND EQUITY </li></ul>INTRODUCTION TO LAW
  6. 6. COURTS & PROCEDURES <ul><li>I. JURISDICTION AND VENUE </li></ul><ul><li>A. SUBJECT MATTER </li></ul><ul><li>B. PERSONAL OR PROPERTY </li></ul><ul><li> C. ORIGINAL/APPEALS </li></ul><ul><li>D. VENUE </li></ul>
  7. 7. <ul><li>II. STATE COURT SYSTEM </li></ul><ul><li>A. INFERIOR TRIAL COURTS </li></ul><ul><li>B. GENERAL TRIAL COURTS </li></ul><ul><li>C. APPELLATE COURTS </li></ul><ul><li>D. SUPREME COURT </li></ul>COURTS & PROCEDURES
  8. 8. <ul><li>III. FEDERAL COURT SYSTEM </li></ul><ul><li>A. JURISDICTION </li></ul><ul><li>1. FEDERAL QUESTION </li></ul><ul><li>2. DIVERSITY OF </li></ul><ul><li>CITIZENSHIP </li></ul>COURTS & PROCEDURES
  9. 9. <ul><li>B. TYPES OF COURTS </li></ul><ul><li>1. SPECIALIZED COURTS </li></ul><ul><li>2. DISTRICT COURTS </li></ul><ul><li>3. APPELLATE COURTS </li></ul><ul><li>4. U.S. SUPREME COURT </li></ul>COURTS & PROCEDURES FEDERAL COURT SYSTEM
  10. 11. <ul><li>IV. JUDICIAL PROCEDURE </li></ul><ul><li>A. SUMMONS AND COMPLAINT </li></ul><ul><li>B. SERVE SUMMONS & COMPLAINT </li></ul><ul><li>C. DEFENDANT’S RESPONSE </li></ul><ul><li>1. ANSWER </li></ul><ul><li>2. COUNTERCLAIM </li></ul><ul><li>3. CROSS COMPLAINT </li></ul><ul><li>4. AFFIRMATIVE DEFENSE </li></ul>COURTS & PROCEDURES
  11. 12. <ul><li>D. PRETRIAL HEARING </li></ul><ul><li>1. TRY TO SETTLE </li></ul><ul><li>2. SCHEDULING ORDER </li></ul><ul><li>E. MOTIONS </li></ul><ul><li>1. MOTION TO DISMISS </li></ul><ul><li>2. SUMMARY JUDGMENT MOTION </li></ul>COURTS & PROCEDURES JUDICIAL PROCEDURE
  12. 13. <ul><li>F. DISCOVERY </li></ul><ul><li>1. DEPOSITIONS </li></ul><ul><li>2. INTERROGATORIES </li></ul><ul><li>3. DEMAND TO PRODUCE </li></ul><ul><li>DOCUMENTS </li></ul><ul><li>4. REQUESTS FOR ADMISSION </li></ul>COURTS & PROCEDURES JUDICIAL PROCEDURE
  13. 14. <ul><li>G. TRIAL </li></ul><ul><li>1. OPENING STATEMENT </li></ul><ul><li>2. PLAINTIFF’S CASE </li></ul><ul><li>3. MOTION FOR A DIRECTED </li></ul><ul><li>VERDICT </li></ul><ul><li>4. DEFENDANT’S CASE </li></ul><ul><li>5. REBUTTAL </li></ul>COURTS & PROCEDURES JUDICIAL PROCEDURE
  14. 15. <ul><li>6. REJOINDER </li></ul><ul><li>7. CLOSING AGRUMENTS </li></ul><ul><li>8. DECISION </li></ul><ul><li>9. MOTIONS FOR A NEW TRIAL </li></ul><ul><li>10. APPEAL </li></ul>COURTS & PROCEDURES JUDICIAL PROCEDURE
  15. 16. TORTS <ul><li>I. ELEMENT </li></ul><ul><li>A. INJURY </li></ul><ul><li>1. INJURY TO PERSON </li></ul><ul><li>2. INJURY TO PROPERTY </li></ul><ul><li>B. CAUSATION </li></ul><ul><li>1. FACTUAL CAUSATION </li></ul><ul><li>2. PROXIMATE CAUSATION </li></ul>
  16. 17. <ul><li>C. BREACH OF A DUTY OF CARE </li></ul><ul><ul><li>1. IS THERE A DUTY OF </li></ul></ul><ul><li>CARE? </li></ul><ul><ul><li>2. WAS THERE A BREACH OF </li></ul></ul><ul><ul><li>THAT DUTY? </li></ul></ul>TORTS ELEMENT
  17. 18. <ul><li>II. KINDS OF TORTS </li></ul><ul><li>A. INTENTIONAL TORTS </li></ul><ul><li>1. INTENTIONAL TORTS </li></ul><ul><li>AGAINST PERSONS </li></ul><ul><li>a. BATTERY </li></ul><ul><li>b. ASSAULT </li></ul><ul><li>c. FRAUD </li></ul>TORTS
  18. 19. <ul><li>d. DEFAMATION OF </li></ul><ul><li>CHARACTER </li></ul><ul><li>i. SLANDER </li></ul><ul><li>ii. LIBEL </li></ul><ul><li>e. DISPARAGEMENT </li></ul>KINDS OF TORTS TORTS
  19. 21. <ul><li>2. INTENTIONAL TORTS </li></ul><ul><li>AGAINST PROPERTY </li></ul><ul><li>a. TRESPASS TO LAND </li></ul><ul><li>b. TRESPASS TO </li></ul><ul><li>PERSONAL PROPERTY </li></ul><ul><li>c. CONVERSION </li></ul><ul><li>d. NUISANCE </li></ul>TORTS KINDS OF TORTS
  20. 22. <ul><li>3. BUSINESS TORTS </li></ul><ul><li>a. COPYRIGHT OR </li></ul><ul><li>TRADEMARK </li></ul><ul><li>INFRINGEMENT </li></ul><ul><li>b. INTERFERENCE </li></ul><ul><li>WITH CONTRACTUAL </li></ul><ul><li>RELATIONS </li></ul>TORTS KINDS OF TORTS
  21. 23. <ul><li>B. NEGLIGENCE </li></ul><ul><li>1. TEST FOR NEGLIGENCE </li></ul><ul><li>2. JOINT AND SEVERAL </li></ul><ul><li>LIABILITY </li></ul><ul><li>3. CONTRIBUTORY </li></ul><ul><li>NEGLIGENCE </li></ul>TORTS KINDS OF TORTS
  22. 24. <ul><li>4. COMPARATIVE NEGLIGENCE </li></ul><ul><li>a. PLAINTIFF’S AWARD IS </li></ul><ul><li>REDUCED BY THE </li></ul><ul><li>PLAINTIFF’S PERCENT </li></ul><ul><li>OF NEGLIGENCE </li></ul><ul><li>b. TO WIN ANYTHING, THE </li></ul><ul><li>PLAINTIFF’S PERCENT </li></ul><ul><li>OF NEGLIGENCE MUST BE </li></ul><ul><li>EQUAL TO OR LESS THAN </li></ul><ul><li>THE DEFENDANT’S </li></ul>TORTS KINDS OF TORTS
  23. 25. <ul><li>c. PLAINTIFF - STUDENT </li></ul><ul><li>d. DEFENDANT’S </li></ul><ul><ul><li>i. MANUFACTURER </li></ul></ul><ul><li>ii. CONTRACTOR </li></ul><ul><li>iii. FRATERNITY </li></ul><ul><li>iv. FOUNDATION </li></ul>TORTS KINDS OF TORTS
  24. 26. <ul><li>5. MEMBERS </li></ul><ul><li>a. LIVED IN HOUSE - AT PARTY </li></ul><ul><li>b. LIVED IN HOUSE - NOT </li></ul><ul><li>AT PARTY </li></ul><ul><li>c. DID NOT LIVE IN HOUSE - AT </li></ul><ul><li>PARTY </li></ul><ul><li>d. DID NOT LIVE IN HOUSE - </li></ul><ul><li>NOT AT PARTY </li></ul>TORTS KINDS OF TORTS
  25. 27. <ul><li>PLAINTIFF: </li></ul><ul><li>STUDENT 34% </li></ul><ul><li>DEFENDANT’S: </li></ul><ul><li> 1. MANUFACTURER 27% </li></ul><ul><li> 2. CONTRACTOR 12% </li></ul><ul><li> 3. FRATERNITY 10% </li></ul><ul><li> 4. FOUNDATION 5% </li></ul><ul><li> 5. MEMBERS - </li></ul><ul><li>A. 4% </li></ul><ul><li>B. 4% </li></ul><ul><li>C. 4% </li></ul><ul><li>D. 0% </li></ul>TORTS
  26. 28. <ul><li>PLAINTIFF: </li></ul><ul><li>PASSENGER </li></ul><ul><li>DEFENDANTS: </li></ul><ul><li> A. TRUCK DRIVER </li></ul><ul><li> B. DRIVER OF CAR </li></ul><ul><li> C. GENERAL MOTORS </li></ul>TORTS
  27. 29. <ul><li>PLAINTIFF: </li></ul><ul><li>PASSENGER 24.1% </li></ul><ul><li>DEFENDANTS: </li></ul><ul><li> A. TRUCK DRIVER 11.4% </li></ul><ul><li> B. DRIVER OF CAR 40.6% </li></ul><ul><li> C. GENERAL MOTORS 23.9% </li></ul>TORTS
  28. 30. <ul><li>DAMAGES ARE FOUND TO BE $1,000 </li></ul><ul><li>PLAINTIFF’S DEFENDANT’S </li></ul><ul><li>NEGLIGENCE NEGLIGENCE </li></ul><ul><li>49% DEFENDANT A: 51% </li></ul>HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE? Example 1: TORTS
  29. 31. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 49% DEFENDANT A: 51% $ 510.00 Example 1: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE?
  30. 32. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 50% DEFENDANT A: 50% Example 2: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE?
  31. 33. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 50% DEFENDANT A: 50% Example 2: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE? $ 500.00
  32. 34. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 51% DEFENDANT A: 49% Example 3: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE?
  33. 35. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 51% DEFENDANT A: 49% Example 3: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE? $ 0.00
  34. 36. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 20% DEFENDANT A: 40% DEFENDANT B: 40% Example 4: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE?
  35. 37. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 20% DEFENDANT A: 40% DEFENDANT B: 40% Example 4: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE? $ 800.00
  36. 38. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 30% DEFENDANT A: 30% DEFENDANT B: 40% Example 5: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE?
  37. 39. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 30% DEFENDANT A: 30% DEFENDANT B: 40% Example 5: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE? $ 700.00
  38. 40. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 20% DEFENDANT A: 10% DEFENDANT B: 70% Example 6: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE?
  39. 41. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 20% DEFENDANT A: 10% DEFENDANT B: 70% Example 6: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE? $ 800.00
  40. 42. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 10% DEFENDANT A: 20% DEFENDANT B: 70% Example 7: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE?
  41. 43. DAMAGES ARE FOUND TO BE $1,000 PLAINTIFF’S DEFENDANT’S NEGLIGENCE NEGLIGENCE 10% DEFENDANT A: 20% DEFENDANT B: 70% Example 7: TORTS HOW MUCH MONEY DOES THE PLAINTIFF RECEIVE? $ 900.00
  42. 44. <ul><li>C. STRICT LIABILITY </li></ul><ul><li>1. USE OF HIGH EXPLOSIVES </li></ul><ul><li>2. WILD ANIMALS </li></ul><ul><li>3. PRODUCT LIABILITY </li></ul>TORTS KINDS OF TORTS
  43. 45. CONTRACTS <ul><li>I. DEFINITION </li></ul><ul><li>II. TYPES OF CONTRACTS </li></ul><ul><li>A. EXPRESS vs. IMPLIED </li></ul><ul><li>B. BILATERAL vs. UNILATERAL </li></ul><ul><li>C. FORMAL vs. INFORMAL </li></ul><ul><li>D. QUASI-CONTRACTS </li></ul>
  44. 46. <ul><li>E. EXECUTED vs. EXECUTORY </li></ul><ul><li>F. VALID, VOID, VOIDABLE & </li></ul><ul><li>UNENFORCEABLE </li></ul><ul><li>G. STANDARDIZED CONTRACTS </li></ul>CONTRACTS TYPES OF CONTRACTS
  45. 47. <ul><li>AGREEMENT: OFFER </li></ul><ul><li>I. ELEMENTS - OFFER </li></ul><ul><li>A. INTENTION </li></ul><ul><li>B. DEFINITENESS </li></ul><ul><li>C. COMMUNICATION </li></ul>CONTRACTS
  46. 48. <ul><li>II. TERMINATION OF THE OFFER </li></ul><ul><li>A. BY OPERATION OF LAW </li></ul><ul><li>1. LAPSE OF TIME </li></ul><ul><li>2. DISTRUCTION OF THE </li></ul><ul><li>SUBJECT MATTER </li></ul><ul><li>3. DEATH OR INCOMPETENCE </li></ul>CONTRACTS
  47. 49. <ul><li>B. BY ACTION OF THE PARTIES </li></ul><ul><li>1. REVOCATION </li></ul><ul><li>a. OPTION CONTRACTS </li></ul><ul><li>b. FIRM OFFERS, PERSONAL </li></ul><ul><li>PROPERTY, UCC </li></ul><ul><li>c. UNILATERIAL CONTRACTS </li></ul><ul><li>2. REJECTION </li></ul><ul><li>3. COUNTER OFFER </li></ul>CONTRACTS TERMINATION OF THE OFFER
  48. 50. <ul><li>AGREEMENT: ACCEPTANCE </li></ul><ul><li>I. GENERAL </li></ul><ul><li>A. UNEQUIVOCAL </li></ul><ul><li>B. SILENCE AS ACCEPTANCE </li></ul>CONTRACTS
  49. 52. <ul><li>C. WHEN DOES AN ACCEPTANCE </li></ul><ul><li>BECOME EFFECTIVE? </li></ul><ul><li>1. IF A SPECIAL MEANS OF </li></ul><ul><li>COMMUNICATION IS SPECIFIED </li></ul><ul><li>2. IF NO SPECIAL MEANS OF </li></ul><ul><li>COMMUNICATION IS SPECIFIED; </li></ul><ul><li>OTHERWISE, EFFECTIVE UPON </li></ul><ul><li>RECEIPT IF SPECIFIED IN OFFER. </li></ul><ul><li>EXCEPTION: Where there is a rejection followed by </li></ul><ul><li>an acceptance. </li></ul>CONTRACTS GENERAL
  50. 53. CONSIDERATION <ul><li>I. REQUIREMENTS </li></ul><ul><li>A. MUST BE LEGALLY SUFFICIENT </li></ul><ul><li>B. ADEQUACY OF CONSIDERATION </li></ul><ul><li>SUBJECTIVE; SMALL AMOUNT </li></ul><ul><li>$1.00. </li></ul>CONTRACTS
  51. 54. <ul><li>II. CONSIDERATION NOT PRESENT </li></ul><ul><li>A . PAST CONSIDERATION </li></ul><ul><li>B. PERFORMING A PRE-EXISTING </li></ul><ul><li>DUTY </li></ul>CONTRACTS
  52. 55. <ul><li>III. PROMISES ENFORCEABLE WITHOUT CONSIDERATION </li></ul><ul><li>A. PROMISSORY ESTOPPEL: When </li></ul><ul><li>the person making the promise can </li></ul><ul><li>reasonably expect the other person </li></ul><ul><li>to rely on it and the only way to avoid </li></ul><ul><li>injustice is to enforce the contract. </li></ul><ul><li>B. QUASI CONTRACT </li></ul><ul><li>C. CHARITABLE SUBSCRIPTIONS </li></ul>CONTRACTS
  53. 56. EXAM GRADES <ul><li>100 -1 68- 9 </li></ul><ul><li>98 - 0 65- 6 </li></ul><ul><li>95- 0 63- 6 C- </li></ul><ul><li>93- 6 60- 9 </li></ul><ul><li>90- 6 A 58- 4 D+ </li></ul><ul><li>88- 5 A- 55- 4 D </li></ul><ul><li>85- 6 53- 4 D- </li></ul><ul><li>83- 8 B+ 50- 0 F </li></ul><ul><li>80- 4 48- 2 </li></ul><ul><li>78- 10 45- 1 </li></ul><ul><li>75- 9 B- 43- 1 </li></ul><ul><li>73- 9 40- 0 </li></ul><ul><li>70- 7 38- 0 35- 0 </li></ul><ul><li> 33- 0 </li></ul>

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