QUIZIZZ COMPETITION

An article comes out from the Kansas City Star speaking terribly about Adean’s restaurant and making false claims about the cleanliness of the kitchen and what he is putting into the food. Because of the article, Aedan loses sales, customers, and employees! Aedan could sue The Star for the Tort of

• DEFAMATION

• STOLEN TRADE SECRETS

• EMBEZZLEMENT

• FRAUD

A business entity that is set up with shareholders as the owners of the company and these shareholders can be from anywhere in the world!

• C-Corporation

• S-Corporation

• LLC

• World Partnership

There are _ elements that make a contract legally binding!

A tort is the same thing as a crime.

• TRUE

• FALSE

Which element of a contract is this?

Must have the ability to legally enter into a contract.

• Contemplation

• Consideration

• Capacity

• Contract

Which of the following is not one of the Administrative Agencies we talked about in class?

• EPA

• DEA

• TSA

• JLC

What is the purpose of Administrative Agencies?

• To have expert knowledge in a certain field and to help regulate and dictate what can and can’t be done.

• To have the Government & local politicians' step in a create law that is going to keep us safe.

• To create and enact law that impacts the U.S. and its Constitution.

• To give power to our President to make law over certain domain activties.

WHICH TORT IS OCCURING?

Dalton is the accountant at Finley’s Floral Shoppe. Dalton begins taking money from different client’s accounts and putting them into his own personal baking account, which is not how that money should be used for. The floral shop can sue Dalton for the Tort of

• DEFAMATION

• THEFT

• EMBEZZLEMENT

• STOLEN TRADE SECRET

An agreement between 2 or more individuals who agree to share

in the profits, losses, and legal liabilities of a company.

• General Partnership

• Sole Proprietorship

• LLC

• S-Corporation

Which is the correct definition to this element of a contract?

Genuine Agreement

• What parties agree to must be legal.

• A proposal made by one party to another party & the agreement to be bound by the terms.

• No deception, mistakes, or unfair pressure to obtain an acceptance

• The thing of value promised to one party in exchange for something else-mutual exchange binds the parties together.