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A provision in a lease giving the landlord the right to terminate the lease by notice is
strictly construed against the tenant.
Parol evidence is allowed to show whether an agent has signed in a representative or an
individual capacity.
In a security agreement, the creditor and the debtor agree that the creditor has a security
interest.
Generally, the prevailing party in a lawsuit will be awarded the costs of the action,
including witness fees and jury fees.
Renewal provisions in a lease are strictly construed against the tenant.
Under the UCC, a negotiation is not effective when it is made by a minor or any other
person lacking capacity.
A person who substantially performs a contract is liable for damages to the other party.
The fact that the consideration supplied by one party is slight when compared with the
burden undertaken by the other party is immaterial.
Treaties made by the United States are not deemed part of the law.
Decisions made by agencies are more likely to be reversed than to be accepted by the
court on appeal.
For a security interest to attach, the creditor must file a financing statement.
If any uncertainty exists in the interpretation of a restrictive covenant, the covenant will
be construed strictly in favor of the free use of the land.
In a composition of creditors, the various creditors of a single debtor mutually agree to
accept a fractional part of their claims in full satisfaction of the claims.
Corporations come into existence as the result of the activities of one or more persons
known as promoters.
The law of real property is included in those categories of legal issues covered by
cyberlaw.
An owner of a copyright may license some of his or her rights to another in exchange
for royalty payments.
