Under the tort of false imprisonment, shopkeepers are prevented from detaining anyone
whom they believe has shoplifted.
If an offer is indefinite or vague, no contract arises from an attempt to accept it.
The parol evidence rule prohibits only the use of oral testimony that alters an apparently
complete written contract.
A court will not reverse an agency’s decision merely because the court would have
made a different decision based on the same facts.
The Federal Trade Commission has adopted a franchise disclosure rule that requires
franchisors to give prospective franchisees a full disclosure statement thirty (30) days
before a franchisee signs a contract or pays any money for a franchise.
Criteria used to make employment decisions that have a disparate impact on women,
such as height requirements, must be job-related.
In applying the stakeholder model of business ethics, only the interests of important
constituencies affected by an action need to be satisfied.
The officers of a corporation are liable for errors of judgment that cause a loss to the
stockholders.
Perfection can occur merely by possession of the collateral by the creditor.
The Federal Trade Commission suspects Billy Williams of unlawful trade activities and
has obtained evidence, claimed to be proof of unlawful activity, by way of aerial
photography. The FTC is also currently seeking the submission of various documents,
within Williams’ place of business, for additional evidence. Williams refuses to submit
to the demands to produce the documents and claims that this demand and the aerial
photos are direct violations of his constitutional rights. Williams also demands a jury
trial to clear him of charges levied. Comment on Williams’ claims.
Most states have a general corporation code, and anyone who satisfies code
requirements and files the necessary papers with the government may automatically
become a corporation.
A peremptory challenge to a prospective juror generally can be exercised without
giving a reason.
When a malpractice claim is brought by a third person rather than a client or patient of
the defendant, the malpractice action should be based on a tort theory such as
negligence, gross negligence, or fraud.
In terms of defamation liability, members of the United States Congress enjoy an
absolute privilege when they are speaking on the floor of the Senate or the House of
Representatives.
A surety may be discharged if the creditor substitutes a different debtor.
All courts hold that when an agreement requires satisfaction of the other party regarding
the acceptance of an act, a reasonable person standard is used.
Order paper can be converted into bearer paper by the holder’s blank endorsement.