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Remedies of the agent for breach of duty by the principal arise out of contract and tort
law.
A surety cannot assert the principal debtor's bankruptcy as a defense to avoid liability
on the debtor's obligation.
Proceeds consist of whatever is received when collateral is sold.
An item cannot be a fixture unless it is physically attached to the land.
A promise made in return for an act or event that has yet taken place is unenforceable.
International franchisees usually do not pay fees for the license to use a trademark or
trade name.
Constructive eviction occurs when a tenant moves off the premises in retaliation against
the landlord.
A buyer and a seller cannot normally have an insurable interest in identical goods at the
same time.
A joint venturer can be held personally liable for the venture's debts.
A fanciful use of ordinary words may be trademarked.
A partner is entitled to make secret profits or put self-interest before his or her duty to
the interest of the partnership.
In contract law, intent is determined by the objective theory of contracts.
False imprisonment occurs when a person restrains another intentionally and without
justification.
A finder acquires title to mislaid property good against the whole world, including the
true owner.
