BUS LAW 32323

subject Type Homework Help
subject Pages 6
subject Words 390
subject Authors Gaylord A. Jentz, Roger LeRoy Miller

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State law governs the procedures that must be followed to create a mechanic's lien.
A guarantor is primarily liable on an obligation.
A maker is secondarily liable on an instrument.
A contract may have to be in writing to be enforceable even if its performance is
possible within a year.
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An order stating "I wish you would pay" is sufficient to create a negotiable instrument.
Corporations can be perceived as owing ethical duties to groups other than their
shareholders.
All federal government agencies must make their records available electronically on the
Internet.
A gift causa mortis is effective only if the donor dies and the donee lives.
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Article 2A covers leases, but not subleases, of goods.
State laws often significantly protect individuals' privacy rights.
A merchant can disclaim an implied warranty of merchantability.
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A drawer is primarily liable on an instrument.
Under the Fifth Amendment, there is no circumstance in which a person can be
compelled to testify.
Those who knowingly violate the Clean Air Act are exempt from liability.
Federal law allows the use of unsolicited commercial e-mail.
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Parents are required by law to provide necessaries for their minor children.
The most common way to acquire personal property is to "capture" it.
A condition subsequent terminates a party's promise to perform.
A covenant not to compete that is part of an employment contract will generally be
struck down.
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Concurrent jurisdiction exists when both federal and state courts have the power to hear
a particular case.

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