Devry Laws 310 Week 2 Quiz - Latest

DeVry LAWS 310 Week 2 Quiz - Latest
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DeVry LAWS 310 Week 2 Quiz - Latest

1. (TCO 1) Explain how the doctrine of stare decisis brings stability to the legal system. (Points : 10)

Question 2.2. (TCO 1) How does the law maximize individual freedom? (Points : 10)

Question 3.3. (TCO 2) Analyze the business environment that led to the enactment of the Sarbanes-Oxley Act. (Points : 10)

Question 4.4. (TCO 3) What is distributional interest? A member of an LLC transfers his distributional interest to his brother. Will his brother be considered a member of the LLC? Give arguments in support of your answer.(Points : 10)

Question 5.5. (TCO 3) In a corporation, the first duty of management is a fiduciary duty to shareholders. Why is that a higher duty than to customers? (Points : 10)

Question 6.6. (TCO 3) Provide reasons why a majority of American corporations are incorporated in Delaware. (Points : 10)

Question 7.7. (TCO 2) Discuss the criticism of Kantian ethics with an example. (Points : 10)

Question 8.8. (TCO 1) Describe the structure of the federal government. (Points : 10)

Question 9.9. (TCO 1) Discuss the need for and significance of the U.S. courts of appeals. (Points : 10)

Question 10.10. (TCO 3) Analyze, in brief, the rights of general partners. (Points : 10)