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Fall 2025-91348-202590-BUS315-02 - WI: Business Law I

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A common defense known as ________ arises when a consumer knows that a defect exists but still proceeds unreasonably to make use of the product. 

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The _______________ gives consumers three days to cancel purchases made from a salesperson who comes to the consumers home

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If a debtor cannot pay their debts in a timely manner, they are known as

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Under current law, which entity or entities may be sued in product liability actions?

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What is the last of the basic steps of a bankruptcy proceeding?

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Kim was a budding tennis star and purchased several new state of the art tennis rackets from a local tennis merchant. Each racket cost $500. As Kim used her new rackets to serve the ball, as soon as the ball contacted the racket head the racket head splintered and strings became unbound. Each racket responded the same way, rendering them useless.  If Kim sues, what warranty theory could she sue on?

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Best bank lends $3,000 to Josh to purchase a car and Josh signs a loan agreement granting back a lien (secured interest) on the car to the bank. This is an example of what type of lien?

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Which of the following causes of action stem from contract theory?

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In which of the following did Congress make comprehensive changes to Bankruptcy Law?

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The following items are required for the attachment of a security interest. Select all that apply. More than one may apply. 

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