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LWC1 STUDY PLAN CONTRACTUAL RELATIONSHIPS Chap Study Questions -10 1. What is the definition of a contract? An agreement between two or more parties for the doing or not doing of something specified. 2. Describe the various types of contracts. 1) Bilateral and Unilateral 2) Express and Implied 3) Executory and Executed 3. Identify and describe the theories of recovery in contract law. -17 1. What conditions would constitute a discharge of a contract? 1) Material breach 2) Minor breach 3) Anticipatory breach 4) Mutual Rescission 5) Accord/Satisfaction 2. Describe the conditions for a discharge of a contractual obligation. Full performance: the parties do what they promise. Agreement: termination by mutual …show more content…

Wrongful Discharge 4. Occupational Safety and Health Administration (OSHA) 5. Employee’s Right to Privacy 6. Discrimination in the Workplace 7. Title VII of the Civil Rights Act of 1964 8. Americans with Disability Act (ADA) 1990 9. Wrongful Hiring Practices 10. Contractual Employment 11. Performance Reviews 12. Progressive Discipline Programs WARRANTIES, NEGLIGENCE AND LIABILITY Chap Study Questions 21 1. What is an express warranty? 2. What is an implied warranty? 3. What is a disclaimer? 4. What are the limitations on remedies for breach of warranty and product liability? 5. What is negligence and how does that concept apply to a manufacturer? 7 1. What is negligence? 2. What is strict liability? 3. What are the defenses available to an action for negligence, or an action for strict liability? Key Topics 1. Types of Warranties 2. Strict Liability and Remedies 3. Negligence SARBANES-OXLEY ACT Chap Study Questions 36 1. What are the basic provisions of the Sarbanes –Oxley Act? 2. What are the rights of shareholders? 3. What recourse do shareholders have against corporations if shareholder rights are violated? 37 1. What are the key provisions of the Securities Act of 1933? 2. What are the disclosure requirements of the Securities Act of 1933? 3. How did Sarbanes-Oxley change the disclosure requirements of the Securities Act of 1933? 38 p. 901-907 1. What are the audit

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