Timed Business Law Tutorial

1.(TCO 1) As an assistant in the legal department of a major corporation, your supervisor has asked you to do some research on how various laws may be applied in an upcoming case. Your department needs to coordinate with outside counsel and wants to be up to speed on how the law works. Explain the sources of law in the American legal system. Is our civil law system more or less advantageous than the common law system? Why is it important to understand all sources of law and where to find them? Explain your answer with examples in a business context. (Points : 25)      

2. (TCO 2) Given the current economic climate nationwide and locally, the state of Delmarva would like to impose a higher tax on out-of-state companies doing business in the state than it imposes on in-state companies. The reason behind the legislature’s enactment of this law is to protect the local firms from out-of-state competition because they are losing local business, which is affecting the state’s economy. Is this law legal, or is it a violation of equal protection for a state to impose? What legal standards could the court apply in evaluating the constitutionality of a law and which would apply in this instance? Explain. (Points : 25)

3. (TCO 3) Create a brief scenario and walk it through the litigation process, beginning with how to select the proper jurisdiction of a court, and progressing through the basic steps leading to a resolution of the dispute through appeal. (Points : 25)       

4. (TCO 4) Susie’s Stationary, Inc., does virtual business with Paper Makers, Inc., exclusively online where Susie order stationary products that she resells on her website under her name. All of their contracts they sign for products bought and sold are electronic in nature. Under the Uniform Electronic Transactions Act (UETA), if the issue of whether there was a valid contract were to arise, what factors and considerations would determine the effect of the electronic documents the parties have that formalize their deal? Is a “wet signature” necessary? Explain your answer using the fact pattern and any applicable law. (Points : 25)

5. (TCO 5) There are several distinctions in contract law between the UCC and common law as it relates to certain principles. As it relates to modification of a contract, how is the UCC’s treatment of this subject different from that of common law? What are the important factors to be considered? Provide an example that demonstrates the difference. (Points : 25)