1. List the sources of contemporary law.

2. Why are ethics important in business?

3. What are the components of the Ethics Checklist?

4. What are the ethical responsibilities of a business to its shareholders?

5. What is a contract?

6. List and define the three elements of a contract.

7. What is meant by the term meeting of the minds?

8. What is the difference between and express and an implied contract?

9. How can an offer be terminated?

10. What is promissory estoppel?