is an intentional or negligent action taken by a legal entity that causes harm to another legal entity. A) contract B) tort C) notice D) jurisdiction…

is an intentional or negligent action taken by a legal entity that causes harm to another legal entity.A) contractB) tortC) noticeD) jurisdiction2.A(n) ____ clause is a statement that the contract will be enforced according to the laws of a particular state.A) forum selectionB) jurisdictionC) personal jurisdictionD) subject-matter jurisdiction3.The details of ____ vary from state to state, but generally create personal jurisdiction over nonresidents who transact business or commit tortious acts in the state.A) subject-matter jurisdictionB) long-arm statutesC) statewide jurisdictionD) forum selection4.A(n) ____ is a commitment, with certain terms made to another party.A) contractB) offerC) acceptanceD) consideration5.A(n) ____ can be formed by two or more parties that act as if a contract exists, even if no contract has been written and signed.A) offerB) implied contractC) considerationD) contract6.A(n) ____ is a statement that the seller will not honor some or all implied warranties.A) invalid contractB) unsigned warrantyC) warranty disclaimerD) patent7.If a statement injures the reputation of a product or service instead of a person, it is called ____.A) defamatoryB) product defamationC) product disparagementD) company defamation8.If a company undertakes sufficient activities in a particular country, it establishes ____ with that country and becomes liable for filing tax returns in that country.A) copy controlB) noticeC) ToSD) nexus9.A(n) ____ is a tax levied by a state on property used in that state that was not purchased in that state.A) property taxB) income taxC) use taxD) patent10.A(n) ____ is assessed on the amount of value added at each stage of production.A) VATB) tortC) property taxD) transaction tax