Browse-wrap terms are arguably not enforceable.
Article I, Section 8, of the U.S. Constitution permits Congress to regulate interstate
commerce.
A customer who writes a bad check may be subject to criminal prosecution.
With an interest-only mortgage, the borrower can choose to pay only the interest
portion of the monthly payment for a specified period of time.
When Looking Glass Corporation wishes to issue certain securities, it must provide
sufficient information for Alice, and other unsophisticated investors, to evaluate the
financial risk involved. Specifically, the law imposes liability for making a false
statement or omission that is “material.” What sort of information would Alice consider
material?
A security interest cannot be perfected without the filing of a financing statement.
A signature must be the full name of a party.
If a homeowner defaults, the lender has the right to foreclose on the mortgaged
property.
One of the most common forms of securities are bonds issued by corporations.
Bribing foreign officials to obtain favorable business contracts is not a crime.
An independent contractor is an employer who controls his or her agent’s performance.
An action in strict product liability requires that the product not be in a defective
condition when the defendant sells it.
A profit is the right to make limited use of another person’s real property without taking
anything from the property.
Antitrust legislation was created because of the belief that competition leads to lower
prices.
Warranties of title do not arise in most sales contracts.
Home equity is the portion of a home’s value that is “paid off.”
An ordinary holder can recover nothing on an instrument that has been materially
altered.
Sellers or lessors are liable only for products that are reasonably dangerous.
A law that limits the liberty of all persons may violate substantive due process.
A shrink-wrap agreement is an agreement whose terms are expressed inside a box in
which the goods are packaged.