7020WV227620-9620Key9%20Areas%20and%20Focus%20(3).pdf T A O What is "Balance of Convenience"? Contracts (problems with formation) o What does it mean if a contract is "illegal by statute"? o In what types of contracts will a minor be bound? Why are these exceptions necessary? Contracts (eCommerce) o What is a "Functional Equivalency Clause" in e-contracts? Tort Law What types of general occurrences would constitute a breach of fiduciary duty? o What is the difference between intentional torts and unintentional torts? When a business has been exposed to a situation where there is a tort, what does this mean? How can it be minimized? . Resolution of Disputes o What is the difference between a plaintiff and a defendant? Can you have more than one plaintiff or defendant? Explain o Explain what is involved in a "settlement" of a civil litigation matter, and what benefits or problems it may present. o What does it mean to "appeal a case"? . Business Law o What is common law? What is legislative law? Are there other names for these laws? o What is the importance of understanding law to a business today