6) How is duress evidenced in the agreement to a contract: i) bad bargain, ii) Illegitimate pressure. iii) A false statement that has induced the other party into the contract iv) There was no other option for the party than to accept the contract.

• i and iv
• i and iii
• iv
• i

7) in 2019, Lender gave Borrower 5,000,000 USD as a Loan by Agreement: the Agreement stated that in case Borrower defaults, lender use as a collateral the following: A Car, A Machine as well as profits in 2029.What would be the accurate classification of Lender's Security Interest:

• Lender has a security interest but not a mortgage.
• Lender does not have a mortgage or an Attachment.
• Lender has s mortgage and security interest since but not a floating lien,
• Lender has a security interest but not a mortgage but has a floating lien.

8) Omar invented a device that teaches Puppies to sing provided that the puppies are a certain breed and under 6 month. john tried the device on tommy and it actually worked and Tommy was able to bark the rhythm of any song that Omar played through the device. Excited with this new idea and believing that he can make millions out of this invention, Omar filed the required documents to register a Trademark for a company that he had established with sherif. the trademark which consisted of the letters O & S was approved. Sara who is Omar's friend was there when Omar got Tommy to sing "xxxx". After a fight between them she took a picture of the invention and went to an AUC Student to copy it, Omar heard of this and decided to sue Sara. Mostafa had taken a video of Tommy singing and sent it to Sherine who was creating a documentary on Dogs. Sherin used the video in her award winning documentary.

in a case between Omar and Sara; who would wen.

• Sara because Omar did not file the copy right.
• Omar because Sara stole his idea.
• Omar because he already registered the Trademark.
• Sara because she created the device

10) How does a company amend its constitution?

• By an ordinary resolution of the board of directors
• By a resolution passed by at least 75% of the directors
• By a special resolution of the board of directors
• By an ordinary resolution of the shareholders

11) Which of the following actions is not a breach of copyright?

• To borrow a CD from a friend and copy it to your laptop for personel use
• To import copied CDs
• To make a copy of a CD and sell it
• To purchase a CD and download it to your laptop for personal use

12) Omar invented a device that teaches Puppies to sing provided that the puppies are a certain breed and under 6 month. john tried the device on tommy and it actually worked and Tommy was able to bark the rhythm of any song that Omar played through the device. Excited with this new idea and believing that he can make millions out of this invention, Omar filed the required documents to register a Trademark for a company that he had established with sherif. the trademark which consisted of the letters O & S was approved. Sara who is Omar's friend was there when Omar got Tommy to sing "xxxx". After a fight between them she took a picture of the invention and went to an AUC Student to copy it, Omar heard of this and decided to sue Sara. Mostafa had taken a video of Tommy singing and sent it to Sherine who was creating a documentary on Dogs. Sherin used the video in her award winning documentary.

if a case was filed against Sherine based on IP Infringement, who would most likely win:

• Mastata since he owns the copyright,
• Omar Since Omar owns the copy right
• Omar since Omar patented the device.
• Tommy since he performed the song.

13) Which of the following is correct in Limited Partnerships with regards to Limited Partners?

• None of the Above.
• A LP has the night to manage, contribute to Capital and manage the partnership.
• A LP has the right to contribute in capital, gain profit but not manage or bind the partnership.
• A LP has the right to manage the company but his liability is only limited to his capital

contribution.

14) Which of the following is a correct statement:

• A Creditor has can to keep the good subject to the Security Interest but must not notify other security interest in case of default
• The Debtor has the right to forclose but if the Debtor forcloses and the amount does not cover the loan, the debtor has the right to sue the creditor ---- the remider of the loan.
• A Creditor cannot keep the good subject to the Security Interest but must not notify other security interest holders in case of deafult
• A Creditor may Foreclose based on Anticipatory Repudiation of the Creditor reasonable believes that the debtor will default

16) ABC partnership is formed between A B and C. the Partnership hired Omar to deliver goods to Clients. While making a delivery Omar went off the road and hit a pedestrian. The Pedestrian filed a case for the injuries suffered. What would be the outcome?

• Provided that Omar is an employee; A, B and C will not be jointly or separately liable.
• Provided that Omar is an independent contractor, A. B and C will not be jointly or separately liable.
• Provided that Omar is not an employee; A, B and C will not be jointly of separately liable.
• None of the Above

17) How does an LLC amend its Articles of Association?

• By a resolution of the board of directors with super majority.
• By a resolution of the members by agreed upon majority
• By a resolution of the board of directors by simple majority
• By a resolution passed by of the officers unanimously.