Blake, Madison and Sean Started Selling Computer Software on College

question 33

Multiple Choice

Blake, Madison and Sean started selling computer software on college campuses under the name Student Software Company. Each person contributed $1500 toward start-up costs and agreed on dividing costs and profits equally. The legal structure for the company can best be described as a

• A) proprietorship.
• B) partnership.
• C) trade alliance.
• D) corporation.
• E) None of these.

Describe the concept of strict liability in the context of tort law.

Understand the principles behind determining negligence and liability in personal injury cases.

Recognize the importance of duty of care and the role of foreseeability in negligence cases.

Understand the application of negligence principles in unique circumstances (e.g., keeping dangerous animals, maintenance of property).