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1. Can you distinguish between the power to do something versus the right to do something? How does it relate to the topic of assignment of contracts?
2. Anticipatory repudiation of a contract is considered a ___________ of the contract.
Material breach.
Waiver of the breach.
Mutual rescission.
None of the above.
3. Courts typically use the ___________________ test to determine whether a contract is primarily for the sale of goods or for the sale of services.
Substantial-factor.
Predominant-factor.
Tangible-factor.
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According to the text, the biggest change in entrepreneurship in the last ten years that is the great equalizer is
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Create a table of differences between a general partnership and a limited partnership. Identify those activities in which a limited partner may engage without forfeiting limited liability. Create a table listing the differences between a limited part..
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