The defendant in a civil case is the party who is suing.
The FTC requires advertisers to maintain records of the data used as support for
statements made in the ads that deal with the safety, performance, efficacy, quality, or
comparative price of an advertised product.
The law works to cause our society to operate in an inefficient manner.
Contracts may be discharged by the joint action of both contracting parties or, in some
cases, by the action of one party alone.
A constitution is a body of principles that establishes the structure of a government and
the relationship of that government to the people who are governed.
The group of time-honored rules that courts have used to solve similar problems for
decades is called stare decisis.
A security agreement need not describe the collateral involved.
Anne Robertson obtained telescopes from the See-Well Optics Company at dealer
prices on the pretense of being a dealer in optical equipment. See-Well later determined
that Robertson was not, had never been, and did not plan to be a dealer in optics. By the
time these facts emerged, Robertson had succeeded in selling the telescopes to several
individuals located throughout the country. These buyers had responded to
advertisements placed by Robertson, who again had represented herself as a dealer in
optical equipment. The buyers had purchased the telescopes in good faith at prices
consistent with comparable equipment. See-Well located these buyers and demanded
that the telescopes be returned as property obtained through fraud. Do the buyers of
these telescopes have to return their purchases?
Letters of credit are a form of advance arrangement for financing.
After the expiration of the incontestability period of a life insurance policy, the insurer
must pay the face amount of the policy when the insured dies and cannot claim that in
obtaining the policy, the insured had been guilty of misrepresentation, fraud, or any
other conduct that would entitle it to avoid the contract of insurance.
A sale or return is a completed sale with an option for the buyer to return the goods.
When a party expressly declares before the time for performance arrives that the
contract will not be performed, such a declaration is called an anticipatory repudiation.
A societé anonyme is the European counterpart of a U.S. corporation.
A trustee can delegate the performance of personal duties.
If a state or local Equal Employment Opportunity agency (EEO) exists, a party charging
discrimination must first file a complaint with that agency before filing a charge with
the EEOC.