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An Environmental Impact Statement must be prepared for every major federal action
that significantly affects the quality of the environment.
The two principal requirements of the Foreign Corrupt Practices Act involve bribes and
grease payments.
First Federal loaned Madeline $20,000 to purchase a new van. The van was for
Madeline's personal and family use. First Federal's security interest is a purchase money
security interest which perfects only upon filing a financing statement.
If the United States sets a limit on the number of cars that can be imported, this action is
a form of tariff.
A defendant who engages in setting off fireworks at a fully licensed Fourth of July
show is liable for harm that results from the activity only if the plaintiff proves the harm
was foreseeable
The owner, the insured and the beneficiary are all the same person in an insurance
contract.
There is strong evidence that ethical behavior pays off financially for businesses.
The Clayton Act prohibits anti-competitive mergers.
Although RICO was passes to deal with gansters it is often used against businessmen
who break the law.
If the offer does not specify a type of acceptance, the offeree must accept within three
day and must do so in writing.
Primary methods of alternative dispute resolution include litigation and mediation.
The simplest, cheapest life insurance option is whole or straight life.
Discuss the concepts of contributory negligence and comparative negligence.
The Electronic Communications Privacy Act is a federal statute regulating e-mail.
Jody loaned her neighbor, Phil, her snow blower. Phil set it near his driveway, and later
accidentally ran over and destroyed it. In a suit to recover damages, Jody as plaintiff has
the burden of proving that Phil was negligent and caused the destruction of her snow
blower.
An insurance policy must meet all the common law requirements for a contract.
Life Principles are set by your parents and do not change over time.
The Equal Credit Opportunity Act makes it illegal for a lender to discriminate against a
potential borrower because of race, national origin, religion, or sex, but it is permissible
to treat a borrower differently if he or she is on welfare.
A lie on an insurance application will make the policy void even if the lie does not
relate to the actual loss insured against.
