HLTC24H3 Chapter 1: chapter one notes

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18 Jan 2012

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Hltb04 study question and notes: lecture 1: history of cities. What did aristotle politics said what is called the city or the political partnership : It is clear that all partnerships aim at some good, and that the partnership that is most authoritative of all and embraces all the others does so particularly,, and aims at the most authoritative good of all. This is what is called the city or the political partnership . Medieval city states: venice, florence: medieval cities- population sizes, lubeck germany : 10,000, ca. 1200, london: 40,000, venice: 100,000, paris: 150,000. Longer work day adults and children worked 12 or more hrs/day in dark, dirty factories. Cities, local government and population health: significant responsibility for living and working conditions, engines for economic development of countries c. platforms for uneven exposure to risk across a population. & lagory, m. (2003): placing health in an urban sociology: cities as mosaics of risk and protection.

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Business law Agency and partnership 1.The creation of an agencyalways required a written document authorizing the agent to act forthe principal and signed by both the principal and the agent.T/F

2.No consideration is required to create an agency relationship.T/F

3.Failure to notify partner with whom an agent has dealt of hertermination can create liability to those parties under the theoryof apparent authority. T/F

4.Liability for the tortious acts of an agent will depend uponhow much control the principle had over the agent. T/F

5.General partner stand only to lose their investment in thepartnership if the partnership goes broke. T/F

6.Under the doctrine of respondent superior the principal isliable for any harm caused by his agent, when the agent is actingwithin the scope of his authority. T/F

7.If the partners fail to write down the proportional ownershipinterest then they will be presumed to be equal partners. T/F

8.In the absence of a written agreement, any partner can refuseto allow anyone to become a partner in his partnership, since it isa voluntary relationship. T/F

9.What is known by the agent is presumed to be known by theprincipal. T/F

10.A limited partnership only has limited partners. T/F

11.Limited partners have a limited right to manage thepartnership affairs. T/F

12.Partners cannot use the general partnership agreement to denythe claims of creditors of the partnership; if the assets of thepartnership are not enough to the debt of the partnership thenpartners are personally liable for the debts of the partnership.T/F

13.A partnership is not a tax paying entity, but must file a taxreturn. T/F

14.The principal of Marshaling of assets means that creditors ofan individual partner must first exhaust his assets before takingany partnership property. T/F

15.The statute of frauds does not generally require anypartnership agreement to be in writing. T/F

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33) Which of the following statements about partnerships is false? a) b) c) it is easier to borrow money than a sole proprietorship a partner cannot sell their interest without the other partners' consent general partnerships are limited to ten partners the partnership terminates upon the death of a partner a partner cannot retire without the other partners' consent e)

32) Which of the following statements about partnerships is false? a) it is easier to borrow money than a sole proprietorship b) a partner cannot sell their interest without the other partners' consent c) general partnerships are limited to ten partners the partnership terminates upon the death of a partner a partner cannot retire without the other partners' consent

HLTC24H3 Chapter 1: chapter one notes

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