Orientation to business law repetition

In which company form the company´s assets are completely separated from the entrepreneur´s assets?

• Private trader

• Limited partnership

• General partnership

• Limited liability company

Which of the following is a contractual principle

• Dolus determinatus

• In dubio contra stipulatorem

• In dubio pro reo

• Culpa luxuria

Which of the following are collaterals?

• Pledges and guarantees

• Credits and debits

• Insurances and warrantees

• Pawn offices

The managing director of an ltd is nominated by

• The shareholders´ meeting

• The supervisory board

• The board of directors

• The executive producer

In a trade agreement between an entrepreneur and a consumer you apply

• Consumer Protection Act

• Sale of Goods Act

• General contractual principles only

• Common law

Working hours and overtime are determined by

• Working hours Act or Collective agreement

• Employment Contracts Act or Working Hours Act

• Employment Contracts Act or Collective agreement

• Employee

Which of the following phrases is true

• Employment contract can be oral

• Any provision in Employment Contracts Act is dispositive law

• Employment contract is not valid if not in writing

• Trial period cannot exceed 4 months

Which of the following comes first in the hierarchy of norms in the context of contract law?

• Business practices of the industry

• Terms and conditions of the contract

• Established business practice of the parties

• Mandatory legislation

Which of the following phrases is false?

• A contract can be formed silently

• Some types of contracts require a written form to be valid

• The parties can agree on the notice time

• A contract is valid regardless the lack of legal capacity of a contracting party

The Sale of Goods Act applies to

• Any sales of goods

• Consumer trade

• B to B sale of Goods

• Any B to B contract