Unlock access to all the studying documents.
View Full Document
The common law traditionally favored competition.
An accountant has no liability to third parties other than the client.
Courts treat contracts of incompetents and intoxicated persons essentially the same,
except they are stricter with intoxicated persons because of intoxication’s voluntary
nature.
When a court interprets an ambiguous contract, usage of the trade will take precedence
over express terms in the contract.
In general, if a minor lies about her age in order to induce the seller to contract with her,
she cannot disaffirm that contract.
What is considered “partnership property” is determined primarily by the partners’
intentions.
Sovereign states and individuals may request and receive advisory opinions from the
International Court of Justice.