BLAW 49750

subject Type Homework Help
subject Pages 5
subject Words 496
subject Authors Richard A. Mann

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A bailment may be made of either real or personal property.
If one major U.S. car manufacturer acquired another, the Clayton Act would require
close scrutiny of the transaction.
The Fair Credit Reporting Act applies to consumer reporting agencies.
A person who takes a check stamped "NSF" may still be a holder in due course.
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Under the 1985 Act, the limited partner need not be named in the limited partnership
certificate.
A mental condition that impairs a person's ability to act in a reasonable manner is one
type of mental incompetence.
A limited partner will not lose his limited status because of voting on an amendment to
the partnership agreement allowing a new business venture.
Dissolution of a corporation does not terminate its existence and does not require that it
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liquidate its assets.
What is an assumed name statute? Why have many states adopted such statutes?
The CISG follows the perfect tender rule, as does the Code.
Under the Federal Unemployment Tax Act, unemployment benefits are paid to workers
who have lost their jobs, usually through no fault of their own.
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A trade secret is commercially valuable information that is guarded from disclosure and
is not general knowledge.
Donee beneficiaries and incidental beneficiaries are called intended beneficiaries.
The EPA administrator established air quality standards for seven major classes of
pollutants (carbon monoxide, particulates, sulfur dioxide, nitrogen dioxide,
hydrocarbons, ozone, and lead) but the hydrocarbon standard was subsequently
withdrawn as no longer being necessary.
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If Thomas seemingly offers to sell to Raquel his Toro lawnmower but he intends to
offer and believes he is offering her his Murray mower, and she accepts the offer,
reasonably believing it was for the Toro, no contract has been formed because there is
no mutual assent.
An accountant's legal liability is imposed both by the common law at the state level and
by securities laws at the federal level.

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