true or false

6. 1. There is an absolute right to appeal to the United States Supreme Court in all cases. 2. The requirement of publication in a defamation action means that you must not tell a third person who is not the defamed party the defamatory statement 3. A unilateral contract is a promise for an act, while a bilateral contract is a promise for a promise. 4. Quasi contracts are imposed by law to avoid the concept of unjust enrichment. 5. Consideration is always necessary to complete a gift. In the situation in which Tom says to George, If you paint my car blue I will pay you $50.00 George's performance in painting the car blue entitles him to the money from Tom. 7 The person who represents a minor in a contractual situation is called a guardian. 8. A unilateral promise to pay a sum of money or to give property in consideration of a promise to marry need not be in writing. 9. For tax purposes, a Partnership is generally treated as a pass through entity 10. A General partnership will find that profits and losses will be treated equally amongst the partners based on their ownership interests absent a writing that denotes otherwise. 11. s Corporations are vehicles that are used primarily by those who want to shelter tax revenue and retain net camings at the corporate level. Mergers or consolidations requires only shareholder approval. The Board need not 12. act 13 14. Directors have to approve the payment of dividends to shareholders, Directors of a corporation have a duty of loyalty to the corporation and a duty of care to the corporation but not the shareholders. 15 An insurance contract is a prime example of an adhesion contract which means that any ambiguity will be strictly construed against the drafting party in a litigation setting A defense to a general negligence (tort) case is assumption of the risk In California, comparative negligence acts as a total bar to recovery by an injured plaintif Truth is an absolute defense in all defumation and right of privacy caus 16 17. 18 6. 1. There is an absolute right to appeal to the United States Supreme Court in all cases. 2. The requirement of publication in a defamation action means that you must not tell a third person who is not the defamed party the defamatory statement 3. A unilateral contract is a promise for an act, while a bilateral contract is a promise for a promise. 4. Quasi contracts are imposed by law to avoid the concept of unjust enrichment. 5. Consideration is always necessary to complete a gift. In the situation in which Tom says to George, If you paint my car blue I will pay you $50.00 George's performance in painting the car blue entitles him to the money from Tom. 7 The person who represents a minor in a contractual situation is called a guardian. 8. A unilateral promise to pay a sum of money or to give property in consideration of a promise to marry need not be in writing. 9. For tax purposes, a Partnership is generally treated as a pass through entity 10. A General partnership will find that profits and losses will be treated equally amongst the partners based on their ownership interests absent a writing that denotes otherwise. 11. s Corporations are vehicles that are used primarily by those who want to shelter tax revenue and retain net camings at the corporate level. Mergers or consolidations requires only shareholder approval. The Board need not 12. act 13 14. Directors have to approve the payment of dividends to shareholders, Directors of a corporation have a duty of loyalty to the corporation and a duty of care to the corporation but not the shareholders. 15 An insurance contract is a prime example of an adhesion contract which means that any ambiguity will be strictly construed against the drafting party in a litigation setting A defense to a general negligence (tort) case is assumption of the risk In California, comparative negligence acts as a total bar to recovery by an injured plaintif Truth is an absolute defense in all defumation and right of privacy caus 16 17. 18