The chief aim of the European Union and other trade organizations is to minimize trade
barriers among their members.
A lease is enforceable even if the premises are intended for an illegal purpose.
A personal check cannot be a negotiable instrument.
In a judicial foreclosure, the lender is allowed to foreclose on and sell the property
without judicial supervision.
A party seeking to recover in quasi contract must show that there was an actual contract
or agreement between the parties.
For an agent’s implied authority to be effective, a principal must ratify it.
Each partner in a partnership has the right to inspect the partnership books and records.
A home equity loan starts as a fixed-rate mortgage and then converts into an
adjustable-rate mortgage.
The Civil Rights Act of 1964 does not protect against reverse discrimination.
Whether a contract’s limitation-of-liability clause will be enforced depends on the type
of breach that the clause excuses.
International law is a body of law that governs relations between and among citizens,
not countries.
A registration statement must state how a corporation plans to use the proceeds from the
sale of the securities.
When a member dissociates form a limited liability company, the member’s duty of
loyalty continues.
Constructive discharge is a theory that plaintiffs can use to establish any type of
discrimination claims under the Civil Rights Act of 1964.
Ethics is concerned with the fairness or justness of an action.
A forged indorsement does not transfer title.