Traditionally, a professional owed no duty to those with whom the professional had a
direct contractual relationship.
Using the authority of a court, a plaintiff can obtain from an Internet service provider
the identity of a person responsible for a defamatory message.
When a bank pays a check on which the drawers signature is forged, generally the
customer suffers the loss.
An assignment is effective only after notice is given to the obligor.
An executed contract is one that has been fully performed.
In most states, the seller of a new house warrants that it is fit for habitation even if the
deed does not include such a warranty.
It is not identity theft to use a fabricated identity to access financial resources online.
An agreement is evidenced by a single event: an offer.
An agreement to form an agency relationship must be in writing.
If goods are so nonconforming that the buyer has the right to reject them, the risk of
loss does not pass to the buyer until cure or acceptance.
Patty, who is divorced, owns a house. She has no reasonable expectation of benefit from
the life of Quinn, her ex-spouse, but she applies for insurance on his life anyway. She
also obtains a fire insurance policy on the house, which she later sells. Five years later,
Quinn dies and the house is destroyed in a fire. Can Patty obtain payment on either the
death of Quinn or the loss of the house? Explain.
A fixed-rate mortgage is a standard mortgage with a rate of interest that changes
periodically.
Minimum contacts with a jurisdiction are never enough to support jurisdiction over a
nonresident defendant.
Misrepresentation on a label is not enough to show an intent to induce the reliance of
anyone who may use the product.
Odiferous Waste Company is a subsidiary of Precarious Investments, Inc. Odiferous op-
erates a hazardous waste disposal site. QuikChem Corporation is one of many parties
who generate waste disposed of at the site. Odiferous borrows money from Regal Bank,
which takes over the site when Odiferous goes bankrupt. The Environmental Protection
Agency discovers a leak at the site. Can any of these private parties be forced to pay for
the clean up? If so, who?
A blank indorsement does not specify a particular indorsee.