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An exclusion of warranties made in the manner specified by the Uniform Commercial
Code is not unconscionable.
An involuntary bankruptcy case is commenced by creditors filing a petition with a
bankruptcy court.
When purchasing from a website, the website terms generally become the contract of
the parties and are legally enforceable.
Persons who are not a party to a contract can never sue on the contract.
The public has access to the activity of administrative agencies in three ways: (1) open
records, (2) open meetings, and (3) public announcement of agency guidelines.
If the creditor does not enforce the suretyship agreement within the time limits provided
for such contract enforcement in the surety's jurisdiction, the obligation is forever
discharged.
When the federal government deregulates an industry, the states automatically have the
power to regulate the same industry.
Sock-puppeting is anonymous blogging that flatters the blogger's company and bashes
one or more competitors.
Grievance procedures established in most collective bargaining agreements provide a
means by which persons claiming the contract has been violated may have their cases
decided by impartial third parties.
Officers that cause a corporation to break a contract with third party are liable to the
third party even if they acted in good faith to advance the interests of the corporation.
State supreme courts generally hear all cases appealed to them.
Limited liability partnership statues are designed to permit the conversion of existing
general partnerships into limited liability partnerships.
A corporation may properly exist without a name.
A party who speaks with a reckless disregard for the truth not knowing of the falsity of
his or her words cannot be liable for fraud.
An incompetent person may ordinarily avoid a contract in the same manner as a minor.
To enforce an implied warranty of an indorser, the party claiming under the warranty
must give the indorser notice of the breach within fourteen (14) days after the claimant
learns or has reason to know of the breach and the identity of the indorser.
If a share certificate is lost, destroyed, or stolen, the ownership of the shareholder is
destroyed.
Only the parties who signed the original contract can have rights with respect to that
contract.
The dissolution of a limited partnership is governed by unique rules quite different from
those applicable to the dissolution of a general partnership.
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