Lawsuit is finally decided between the parties to the suit

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Reference no: EM132267877

True or False

1. Red Judicata means that when a court issues a final judgment, the subject matter of that lawsuit is finally decided between the parties to the suit.

2. A bilateral contract is formed when the offeror promises to do something in exchange for a return promise to do something from the offeree. A unilateral contract is formed when only one party promises to do something in exchange for some action or performance by the offeree.

3. A principal may ratify all or just part of a contract.

4. A job requirement that prevents a disproportionate number of a minority group from qualifying for a position is an example of disparate impact.

5. Vicarious liability is legal responsibility for the wrong committed by another person, in this case the master's liability for the wrongs committed by the servant.

6. To be eligible for workers' compensation an employee ordinarily must perform manual labor or some similar duties.

7. The death or insanity of the offeror terminates an offer by operation of law.

8. The North American Free trade agreement designates the Uniform Commercial code as the body of law governing sales contracts between the member nations.

9. The European Union was created by the Treaty of Rome in 1959.

Reference no: EM132267877

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