1. What is an event of default in a contract?
2. Explain the difference between event of default and default in a contract.
3. What makes a contract invalid when someone is at fault and when no one is at fault. List 5 with examples
4. How is verbal agreement legally bound? Give examples.
5. What is general partnership?
6. How do you establish and maintain general partnerships?
7. What is stare decisis versus precedent? Also state 5 differences between them