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True or False - PLEASE IF FALSE TELL ME WHY 1. The owners of a Limited Liability Company (LLC) are called shareholders. F - Members

True or False - PLEASE IF FALSE TELL ME WHY

1. The owners of a Limited Liability Company (LLC) are called shareholders. F - Members

2. To recover damages caused by the explosion of fireworks, a party must demonstrate the negligence of the fireworks provider. F Strict Liability

3. In order to prove the "intent" element of an intentional tort, a plaintiff must show the defendant specifically meant to cause the particular harm suffered by her. F the plaintiff must show that the defendant acted with intent to cause harm, or that the defendant's actions were so reckless and dangerous that he or she should have known that harm would result.

4. To prove the element of Mens Rea the State must prove by a preponderance of the evidence the existence of a "guilty mind" or intent. T

5. Partner A cannot be liable for the actions of Partner B if Partner A did not specifically ratify or approve of the action of Partner B. F Partners are personally liable for the business obligations of the partnership.

6. Privety of contract between the injured party and the alleged tortfeasor is required to impose strict liability. T

7. A partnership must have a written partnership agreement to be seen to exist. T

8. An accommodation party can be a co-signor of a promissory note. T

9. A limited partner is liable to third parties to the full extent of the limited partnership's debts and its other liabilities. T 10. In order to register a Trade Name, the applicant must also have registered a Trade Mark. T

11. The indorser of a check warranties the genuineness of all signatures that may appear on the check, including all subsequent indorsers. T

12. False Light is a tort that requires proof of intent to restrain another's freedom. T

13. A corporation is governed by the Board of Officers. T

14. An employer has the right to view the private emails of an employee if the employee uses the company email system to make private communications and the employee was advised that all communications, private or not, were company property. T

15. A private figure must show that a defamatory statement was made with a reckless disregard for the truth or falsity of the comment. T

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