1- List and describe the different sources of American law and how they originate. 2- Briefly explain...

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Accounting

1- List and describe the different sources of American law andhow they originate.

2- Briefly explain what is the difference between utilitarianand duty based ethics?

3- Discuss the differences and similarities between soleproprietorships and general partnerships as well as the advantagesand disadvantages of one versus the other.

4- What is the difference between a de-jure and a de-factocorporation?

5- Discuss the role and powers of shareholders in a corporation.6- What are the duties of the board of directors and how are theyelected?

7- Discuss what type of conduct is prohibited and/or regulatedby sections 1 and 2 of the Sherman Act.

8- Discuss the difference between patents and copyrights. 9-Discuss the meaning, applicability and the limitations of thedoctrine of employment at will.

10- Discuss what does it mean to be Holder in Due Course (HDC),what are its benefits, and what are the requirements to qualify asan HDC.

11- What is a secured interest and what are the requirements forthe creation of a secured interest?

12- Discuss the purpose, the similarities and differences ofChapter 7 and Chapter 13 types of bankruptcies.

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ANS TO QUES 1 Different sources of american law are A The United States Constitution and the constitutions of the various states The Constitution is known as the supreme Law of the Land and all other laws are subordinate to it State constitutions resemble the federal Constitution in that they outline the state governments structure    See Answer
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