1. What are the different sources of law in the United States?
2. What is the difference between negligence and an intentional tort?
3. What is a contract and what are the elements of a valid contract?
4. What is the difference between a void contract and a voidable contract?
5. What is the difference between possession and title of personal property?
6. What is the Statute of Frauds and to what type of agreements does it apply?
7. What is the warranty of merchantability, the warranty of fitness for a particular purpose, and what is a disclaimer?
8. List three requirements in order for negotiable instruments to be valid.
9. What is a Holder in Due Course?
10. What is the difference between a general partnership and a limited partnership?
11. What is the role of the board of directors in a corporation?
12. What is the difference between liquidation bankruptcy and realignment bankruptcy?