Examlex
If an agent acts for a corporation that is not yet formed or for an entity that has no legal existence, such as an unincorporated association, the agent is not personally liable on a resulting contract.
Opportunity Costs
The decline of potential rewards from different options as a result of choosing one.
Labor Skills
The abilities and expertise that workers possess, which can affect their productivity, efficiency, and the quality of work produced.
Capital
Financial assets or resources that individuals or businesses use to invest, produce, and create economic value.
Q2: If the contract requires delivery of the
Q17: The fact that a buyer may have
Q18: If the seller, through words or behavior,
Q19: Which of the following is a test
Q24: The courts allow one who rescinds the
Q40: If a business involves high risk, a
Q42: Under the revised Model Business Corporation Act,
Q45: The cap on monetary damages statute holds
Q49: From a risk standpoint, a shareholder or
Q49: Under Section 11(a) of the Securities Act