Which of the Following Was the Ruling of the Court

question 39

Multiple Choice

Which of the following was the ruling of the court in the Case Opener regarding the gambler who wrote bad checks to a casino to purchase markers and then tried to avoid payment on the basis of an oral agreement by which a casino host told the gambler that he already had sufficient remaining casino credit to receive the markers?

• A) The potential oral agreement as to the markers was irrelevant to the negotiability of the checks.
• B) The oral agreement was relevant to the negotiability of the checks, but it did not affect the gambler's liability on the checks.
• C) The oral agreement was relevant to the negotiability of the checks and acted to excuse the gambler from liability on the checks.
• D) The oral agreement established that the checks were not negotiable instruments.
• E) The oral agreement established breach of contract; therefore, while another type of instrument would have been negotiable, the checks involved were not.

Understand the concept of first-mover advantage and its impact on business success.

Recognize the importance of a business plan and the key components it should contain.

Identify the different forms of business ownership and the legal implications of each.

Understand the role of operational planning and marketing strategy in a business plan.

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Definitions:

Network Security

Protective measures and protocols to safeguard information and infrastructure from unauthorized access, misuse, or harm.

PII

Personally Identifiable Information; data that can be used on its own or with other information to identify, contact, or locate a single person.

Employee ID

A unique identifier assigned to an individual in a workforce for the purposes of identification, access control, and record-keeping.

Unique Password

A password that is distinct and not reused across different sites or accounts, enhancing security by reducing the risk of multiple account compromise.