Explain confession of judgment.

Explain confession of judgment.
 
  What will be an ideal response?

Q. 2

How does a limited partnership differ from a general partnership?
 
  What will be an ideal response?

Q. 3

List three benefits of operating a business as a sole proprietorship.
 
  What will be an ideal response?

Q. 4

What damages may be recovered under a theory of authority by estoppel?
 
  What will be an ideal response?

Q. 5

An oral contract is never valid.
 
  Indicate whether the statement is true or false

Q. 6

It is a good idea to check your answers on a final exam.
 
  Indicate whether the statement is true or false