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An acceptance must be unequivocal.
When a corporation is dissolved voluntarily, the corporation must file articles of
dissolution with the state.
A borrower has the right to purchase the property after default by paying the full
amount of the debt, plus any interest and costs that have accrued.
Under the plain meaning rule, a court will enforce a contract according to what it
clearly states.
Normally, corporate shareholders are personally liable for the obligations of the
corporation.
Courts can rely on the common law as a guide to interpreting legislation.
An employer who hires and fires workers according to a fair seniority system may have
a good defense to an employment discrimination suit.
The crime of theft requires the taking of property, without regard to whether the
perpetrator knew it belonged to another.
A qualified opinion must be specific and identify the reason for the qualification.
A will must normally be attested to by two or three witnesses.
A maker is secondarily liable on an instrument.
The person to whom rights in a contract are assigned is the assignor.
Section 10(b) of the Securities Exchange Act of 1934 covers only corporate officers and
directors.
A power of attorney is a written document.
Tender must occur at a reasonable hour and in a reasonable manner.
Specific performance is the remedy customarily used when one party has breached a
contract for personal services.
