What is a cattle breeding business debt payment agreement called?

  

I want you answer these questions?1.
Joshua runs a cattle breeding business and owes the LeBron Ranch
$1,000. Joshua agrees to pay the LeBron
a percentage of his profits each month until the debt is paid. This agreement is
A. a delegation
B. a partnership
C. a delegation
D. a shareholder
2.
Cortina Corporation handles investment accounts for small to medium size
employers. In most circumstances the law
would prohibit Cortina from subjecting its employees to
A. drug tests
B. electronic monitoring
C. lie-detector tests
D. searches of their desks,
filing cabinets, or officers
3.
For the Age Discrimination to apply
A. the age discrimination must
have been intentional
B. the employee must be at
least 25 years old
C. the age discrimination
cannot be intentional
D. the employee must be at
least 40 years old
4.
Ralph is a director of Happy Days, Inc.
Without telling Richard, Ralph goes into business with Sad Days, Inc.,
in competition with Richard. Ralph is
liable for
A. Breach of the duty of
loyalty
B. Breach of the duty of duty
of care
C. Violating the business
judgment rule
D. Indemnification of the
corporation
5.
Ravenous Corporation wants to gain control of Meek Company. The companies negotiate for several months,
without coming to terms. Ravenous
decides to pursue a takeover attempt.
Meek decides to resist. Meek
issues its stockholders additional shares at a low price so as to make
Ravenouss takeover attempt prohibitively expensive. This is a
A. Poison pill
B. Scorched earth tactic
C. Pac-Man defense
D. Crown jewel
6.
Apple Corporations employment handbook states that employees will be
dismissed only for good cause. Jill, an
employee, is dismissed because her supervisor didnt like her dress. If
Jill sues Apple, a court could hold that
A. There is an implied contract
on the terms in the manual
B. There is no contract because
Tom doesnt have a formal written agreement
C. That Tom can file a Title
VII suit based on the protected class of being a bad dresser
D. Tom was not qualified
because he did not sign a written employment agreement
7.
Jill is seventeen years old. Jill
A. Cannot work in a hazardous
occupation
B. Cannot work during school
hours
C. Must obtain a permit to work
D. None of the above
8.
Cheap Things, Inc. employs 550 workers in six states. Cheap Things, Inc. cannot discriminate in the
hiring of employees for reasons of
A. Height
B. Educational background
C. Union affiliation
D. None of the above
9.
Lisa works at Build-A-Bear at Mayfair mall. She is the store manager and earns $35,000 a
year. The maximum number of hours that
Lisa can work per week without overtime pay is
A. Thirty-five
B. Fourty
C. Sixty
D. Unlimited
10.
Cortina Asset Management wants to expand into London but they dont have
the capital. The bank asks that one of their clients, Mr. X, guarantee the loan
for expansion. Mr. X executes a guaranty
of Cortinas loan. Mr. X is liable:
A. For the entire amount of the
loan, regardless of whether Cortina can pay
B. For half of the loan and
Cortina the other half
C. For the entire amount of the
loan only after the bank tries to collect from Cortina
D. Has no liability because
these types of loans are illegal
11.
Which of the following factors will the court consider when determining
whether to pierce the corporate veil
A. How many employees exist
B. Whether the company is set
up to make a profit
C. Whether the owner also owns
other businesses
D. Whether the owner influences
employees in their day-to-day operations
12.
Ron, an employee of Standard Company, is injured. For Ron to receive workers compensation, the
injury must be
A. Accidental and arise out of
a preexisting disease or condition
B. Accidental and occur on the
job or in the course of employment
C. Intentional and arise out of
a preexisting disease or condition
D. Intentional and occur on the
job or in the course of employment
13.
Mega Corporation provides health insurance for its employees. When Mega closes one of its offices and
terminates the employees, COBRA allows the employees
A. to collect severance pay
equal to twelve weeks of health insurance coverage
B. continue their health
insurance at Megas expense for 18 months
C. continue their health
insurance at their own expense for 18 months
D. lose their health insurance
immediately

Introduction: In the business world, it is essential to understand the legalities and regulations to avoid any potential liabilities and lawsuits. From partnerships and contracts to employment laws and discrimination, businesses must take the necessary precautions to ensure compliance with laws and guidelines.

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Description: This article aims to test your knowledge and understanding of various business laws and regulations. Through a series of ten questions, you will be assessed on your knowledge of topics such as partnerships, employment laws, discrimination, and more. The questions cover a variety of topics that are relevant to entrepreneurs, business owners, and managers who need to stay up-to-date with the latest legal developments in their industry. So, put your thinking caps on, and let’s get started!

Headings:
1. Cattle Breeding Business and Debts
2. Employee Protections
3. Age Discrimination
4. Breach of Duty
5. Corporate Takeovers
6. Employment Contracts
7. Teenage Employment
8. Hiring Practices
9. Overtime Pay
10. Guarantees for Loans

Objectives:
1. To understand the different types of business agreements and their legal implications.
2. To comprehend the employment laws and their impact on employees and employers.
3. To learn about the legal responsibilities of business partners and stakeholders.
4. To understand the strategies businesses use to defend themselves against takeovers.
5. To understand the legal implications of employment manuals and agreements.
6. To understand the employment laws related to minors.
7. To grasp the concept of anti-discrimination laws and their impact on hiring practices.
8. To understand the overtime pay laws and regulations related to different job roles.
9. To learn about the legal implications of loan guarantees and their impact on businesses and individuals.

Learning Outcomes:
1. Understand that business agreements have legal consequences and can impact the involved parties differently.
2. Identify the different types of employment laws and understand their impact on businesses and employees.
3. Recognize the legal responsibilities of business partners and stakeholders, and the consequences of violating them.
4. Analyze and evaluate the legal strategies businesses use to defend themselves against takeovers.
5. Identify the legal implications of employment manuals and agreements, and the rights of employees.
6. Understand the legal requirements related to minors employment in different jurisdictions.
7. Recognize the importance of anti-discrimination laws in hiring practices and the legal consequences of violating them.
8. Differentiate between different job roles and the regulations regarding overtime pay.
9. Analyze and evaluate the implications of loan guarantees on businesses and individuals.

1. Business Agreements and Legal Implications
Question: Joshua runs a cattle breeding business and owes the LeBron Ranch $1,000. Joshua agrees to pay the LeBron a percentage of his profits each month until the debt is paid. This agreement is
Objective: To understand the different types of business agreements and their legal implications.
Learning Outcome: Understand that business agreements have legal consequences and can impact the involved parties differently.

2. Employment Laws
Question: Cortina Corporation handles investment accounts for small to medium size employers. In most circumstances the law would prohibit Cortina from subjecting its employees to
Objective: To comprehend the employment laws and their impact on employees and employers.
Learning Outcome: Identify the different types of employment laws and understand their impact on businesses and employees.

3. Age Discrimination
Question: For the Age Discrimination to apply
Objective: To learn about the legal responsibilities of business partners and stakeholders.
Learning Outcome: Recognize the legal responsibilities of business partners and stakeholders, and the consequences of violating them.

4. Strategies against Takeover
Question: Ralph is a director of Happy Days, Inc. Without telling Richard, Ralph goes into business with Sad Days, Inc., in competition with Richard. Ralph is liable for
Objective: To understand the strategies businesses use to defend themselves against takeovers.
Learning Outcome: Analyze and evaluate the legal strategies businesses use to defend themselves against takeovers.

5. Employment Manuals and Agreements
Question: Apple Corporation’s employment handbook states that employees will be dismissed only for good cause. Jill, an employee, is dismissed because her supervisor didn’t like her dress. If Jill sues Apple, a court could hold that
Objective: To understand the legal implications of employment manuals and agreements.
Learning Outcome: Identify the legal implications of employment manuals and agreements, and the rights of employees.

6. Employment Laws Regarding Minors
Question: Jill is seventeen years old. Jill
Objective: To understand the employment laws related to minors.
Learning Outcome: Understand the legal requirements related to minors’ employment in different jurisdictions.

7. Anti-Discrimination Laws
Question: Cheap Things, Inc. employs 550 workers in six states. Cheap Things, Inc. cannot discriminate in the hiring of employees for reasons of
Objective: To grasp the concept of anti-discrimination laws and their impact on hiring practices.
Learning Outcome: Recognize the importance of anti-discrimination laws in hiring practices and the legal consequences of violating them.

8. Overtime Pay Laws and Regulations
Question: Lisa works at Build-A-Bear at Mayfair mall. She is the store manager and earns $35,000 a year. The maximum number of hours that Lisa can work per week without overtime pay is
Objective: To understand the overtime pay laws and regulations related to different job roles.
Learning Outcome: Differentiate between different job roles and the regulations regarding overtime pay.

9. Loan Guarantees
Question: Cortina Asset Management wants to expand into London but they don’t have the capital. The bank asks that one of their clients, Mr. X, guarantee the loan for expansion. Mr. X executes a guaranty of Cortina’s loan. Mr. X
Objective: To learn about the legal implications of loan guarantees and their impact on businesses and individuals.
Learning Outcome: Analyze and evaluate the implications of loan guarantees on businesses and individuals.

Solution 1:

Joshua’s Debt to LeBron Ranch: Possible Solutions

A. Delegation
B. Partnership

One possible solution for Joshua’s debt to LeBron Ranch is a delegation agreement where Joshua agrees to pay a percentage of his profits each month until the debt is paid. Another possible solution is a partnership agreement where Joshua and LeBron merge their cattle breeding businesses. In this agreement, Joshua provides labor and management while LeBron contributes the capital to pay off Joshua’s debt.

Solution 2:

Legal Issues in Employment: Multiple Choice Questions

1. Answer: A. Delegation
2. Answer: D. searches of their desks, filing cabinets, or offices
3. Answer: D. the employee must be at least 40 years old
4. Answer: A. Breach of the duty of loyalty
5. Answer: A. Poison pill
6. Answer: A. There is an implied contract on the terms in the manual
7. Answer: C. Must obtain a permit to work
8. Answer: D. None of the above
9. Answer: B. Forty
10. Answer: Mr. X guaranteed Cortina Asset Management’s loan for expansion.

Suggested Resources/Books:
– “Business Law: The Ethical, Global, and E-Commerce Environment” by Jane P. Mallor, A. James Barnes, et al.
– “Employment Law for Business” by Dawn Bennett-Alexander and Laura P. Hartman
– “The Handbook of Employment Relations: Law and Practice” by Paul Edwards and Sarah J. Oxenbridge

Similar Asked Questions:
1. What are the different ways of settling a debt between businesses?
2. What are the legal limitations of employers in monitoring their employees?
3. What is the minimum age requirement for employees to be protected by age discrimination laws?
4. What are the consequences for directors who engage in competing business interests?
5. What are the defensive measures companies can take to prevent hostile takeovers?
6. Can an employee sue their company for wrongful termination based on employee handbooks?
7. What are the restrictions for underage workers in the workforce?
8. What are the characteristics that employers cannot discriminate based on when hiring employees?
9. What is the maximum number of hours an employee can work before receiving overtime pay?
10. What is the role of a guarantor in business loan agreements?

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