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Flashcards in Business Law Deck (47)
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1
Q

BBB

A
  • non profit

- works with consumers and companies

2
Q

CPSC

A
  • ensures products r safe for consumers
3
Q

FDA

A

Protects public health

4
Q

SEC

A

-enforcing security laws

5
Q

FTC

A

Consumer protection

6
Q

Consumer Bill or Rights

A
  • Rights to safe products
  • right to be informed
  • right to choose
  • right to be heard
  • right to consumer education
  • right to a healthy environment
7
Q

Implied warranty

A

-should do the most basic thing

8
Q

Buying as-is

A
  • buy literally how the product is

- nothing u can do about if ‘bad”

9
Q

Fencing

A

Knowingly receiving stolen property

10
Q

Forgery

A
  • falsely altering writing

- legal if u have the persons permission ☺️

11
Q

Conspiracy

A
  • 2 or more people agreeing to commit w crime
12
Q

Crime

A

Offense against society

13
Q

3 elements of a crime

A
  • duty exits
  • violation of duty
  • criminal intent
14
Q

If ur under 7 do u have the legal mental capacity to commit a crime??

A

Noppeeeeee

15
Q

If ur between the ages of 7-17 do u have the legal mental capacity to commit a crime??

A

Only if the interrogator believes u know right from wrong

16
Q

3 classifications of a crime

A
  • Felony
  • misdemeanor
  • infraction
17
Q

Felony

A

Be in a

  • state prison
  • fine over $1,000
18
Q

Misdemeanor

A
  • county prison

- less then a $1,000 fine

19
Q

Infraction

A

Only fined

20
Q

Assault

A

Believable threats

21
Q

Battery

A

Touching someone in a dangerous way

22
Q

Aggravated [battery]

A

Done with a weapon

23
Q

Theft

A

Taking of an item that isn’t yours

24
Q

Robbery

A

Taking with force involved

25
Q

Burglary

A

Breaks and tries to steal (but doesn’t)

26
Q

Arson

A

Illegal burning

27
Q

Extortion

A

Person with power demanding something

28
Q

Accomplice

A

Someone who helps the person commiting the crime

29
Q

Silence is _______ an acceptance to a deal (legally)

A

Not

30
Q

What must there be to have a tort??

A

-personal injury
•mental
• financial
• physical

31
Q

When r kids held responsible for their actions??

A
  • give kids an instrument (to commit the crime)
  • vandalism
  • kids who continue with dangerous acts
32
Q

Slander

A

Spoken

33
Q

Libel

A

Written

34
Q

What can u be charged with if there is unnecessary publicly Or personal matters being exploited??

A

Compensatory damages

35
Q

Most common tort??

A

Negligence

  • no intent needed
  • causes injury
36
Q

Contract

A
  • 2 or more people make an agreement
37
Q

2 types of contracts

A
  • express -> written/oral

- implied -> contract formed by actions

38
Q

2 parts of a mutual asset

A
  • be in agreement

- both fully understanding of agreements

39
Q

3 qualifications of a competent party

A
  • age 18
  • not insane or under the influence
  • not a convict or illegal citizen
40
Q

Voidable contract

A

Can be cancelled by 1 party

41
Q

Example of an unenforceable contract

A
  • dead person
42
Q

Ex of a defective agreement

A

-misinterpretation

43
Q

Oral is legal only if it’s

A

Under $500

44
Q

EPA

A

Protect human health and environment

45
Q

Injunction

A

Stops

46
Q

Compensatory damages

A

$ to bring back prior to incident

47
Q

Punitive damages

A

Punishing the defendant