Font size
WorksheetsPreview Legal Concepts Unit!
Total questions: 11
Worksheet time: 9mins
A private or civil wrongdoing, an offense against an individual.
Contract
Business Ownership
Tort
Fraud
Which of the following is not an example of a Regulatory Agency?
Food and Drug Administration
Olathe Public Schools
Enviornmental Protection Agency
Occupational Safety & Health Administration
Which tort is occurring?
A false statement ruins a person’s good name or reputation
Embezzlement
Fraud
Interference with Contractual Relations
Defamation
Which tort is occurring?
Theft of information that a company takes reasonable measures to protect because it confers an economic value to the company by not being disclosed to the general public
Stolen Trade Secrets
Confidentially Agreement Dispute
A body of lawmakers.
Legislature
Legislation
Legit
Legitimize
An agreement between two or more parties that create obligations enforceable by law.
Tort
Regulatory Agency
Contractual relations inteference
Contract
A proposal made by one party to another party & the agreement to be bound by the terms.
WHAT ELEMENT OF C ONTRACT IS THIS?
Genuine Agreement
Consideration
Terms
Offer & Acceptance
People under the age of 18 cannot sign a contract on their own and need an adult to sign with or for them. This is an example of what element of a contract?
CAPACITY
LEGALITY
PROPER FORM
GENUINE AGREEMENT
Which of the following has the simplest structure of business ownership?
Sole Proprietorship
Partnership
Corporation
LLC
When the business owner’s personal assets can be used to pay the debts of the business
Unlimited liability
Proprietor accountability
Ownership protection
Double taxation
Below are the 4 focuses we will learn about in our Legal Concepts in Business unit. Which are you most looking forward to learning about? TYPE YOUR ANSWER BELOW
*Binding Contracts
*Regulatory agencies and legislation
*Torts relating to business enterprises
*Business ownership
