An assignment, if otherwise valid, takes effect the moment it is made.
Garnishment is a procedure accomplished only by attorneys.
The measure of monetary damages when there has been a breach of contract is the sum
of money that will place the injured party in the same position that would have been
attained if the contract had been performed.
The stockholders of the Apex Corporation attended a special meeting of the
stockholders called to discuss matters of extreme urgency to the corporation. A quorum
was not present when the meeting opened, nor was a quorum present when the matters
to be treated in the meeting were discussed. Management, however, felt that the
importance of the issue was significant enough to warrant continuation of the meeting