Business Law Question
Sole Proprietorship unlimited Liability fictitious name doing busines as d/b/a
Personal liability general partnership contribution partnership agreement
Service in kind equity fiduciary duty duty of good faith duty of obedience
Duty of care transferability of interest limited partnership capital contribution
Winding-up or winding down process dissolution bankruptcy perpetual existence
Board of directors officers president vice president treasurer secretary
Principal agent ordinary transactions extraordinary transactions
Incorporation articles of incorporation debt financing equity financing
Par value common stock preferred stock closely held corporation
publicly traded corporation foreign corporation professional corporation
nonprofit corporation hostile take-over right of first refusal
franchise piercing the corporate veil business judgement rule
limited liability company certificate or organization
active member passive member
agency principal agent fiduciary relationship
independent contractor third party expressed authority implied authority
apparent authority power of attorney estopple agency by ratification
respondent superior frolic and detour use of discretion and control
Duty of performance duty of notification duty of loyalty duty of obedience
duty of accountability self-dealing snaping up the opportunity snapping up the clients
duty of cooperation duty to provide safe conditions duty of compensation indemnification
duty of reimbursement contractual liability tort liability criminal liability
disclosed principal partially disclosed principal undisclosed principal
joint and severally liability tort negligence termination of agency relationship
Corrupt Foreign Practices Act void voidable executed contract executory contract
Present consideration future consideration past consideration material breach
Partial performance substantial performance fraud sham consideration
Discharge of contract damages compensation damages lost profit damages recission
specific performance perfect tender rule
Offer and acceptance general offer limited offer consideration
Counteroffer mirror image rule strict acceptance open terms contract
Future agreements statute of frauds promissory estopple mutual mistake.580MT2
Promisor promisee promise
SAMPLE ASSIGNMENT