Explain the similarities and differences between torts and crimes.

Outline the elements of the tort of deceit.

Describe the reasonable person, and explain how that person is relevant to the standard of care.

Describe the postal rule, and explain when it will apply.

Explain the effect of a firm offer.

Explain the difference between the actual authority of agents to enter into contracts on behalf of their principals and their apparent authority to do so.

Explain the legal standard of care that management must observe when making business judgments.

Describe situations in which an agent's fiduciary duty to act in the best interests of a principal and their duty of care protect the principal.

Describe specific performance and injunctions, and explain when they are awarded.

Describe the nature and function of the concept of a duty of care.