BLAW 91577

subject Type Homework Help
subject Pages 7
subject Words 878
subject Authors Roger LeRoy Miller, William E. Hollowell

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Every contract involves at least two parties.
An offer made in obvious anger is still an effective offer.
An online offer should NOT include provisions identifying applicable statutes of
limitations.
The rights that accompany a fee simple absolute include the right to use the land for
whatever purpose the owner sees fit.
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Expropriation occurs when a government seizes private property for a proper purpose
and awards just compensation.
A click-on agreement is an agreement whose terms are expressed inside a box in which
the goods are packaged.
A power of sale foreclosure gives a borrower more protection than a judicial
foreclosure.
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In ethical terms, a cost-benefit analysis is an assessment of the negative and positive
effects of alternative actions on individuals.
A certification mark distinguishes products approved, or "certified," by the government.
A surety can use any defenses available to a debtor to avoid liability on the debt.
An employer who hires and fires workers according to a fair seniority system may have
a good defense to an employment discrimination suit.
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Under the UCC, if a contract does not designate the place of delivery for the goods, and
the buyer is expected to pick them up, then the place of delivery must be at a location
halfway between the seller's place of business and the buyer's place of business.
Congress may tax some states while exempting others.
A divorce occurring after the execution of a will revokes dispositions of property to the
former spouse.
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Recreation & Sports Equipment Corporation sells a product that is capable of seriously
injuring consumers who misuse it in a foreseeable way. Does the firm owe an ethical
duty to take this product off the market? What conflicts might arise if the firm stops
selling this product?
Lee's will provides for a distribution of Lee's property. Who does these things, and what
are the steps involved?
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Killing a wild animal amounts to assuming ownership of it.
According to German philosopher Immanuel Kant, individuals should evaluate their
actions in light of the consequences that would follow if they were the only members of
society that acted in that way.
A bailment must be in writing to be valid.

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