Trademarks and service marks are recorded with the Register of Copyrights.
An agreement cannot be enforced if it does not set forth every contractual detail.
A person who buys a note from a holder in due course knowing that the maker has a
defense will not be a holder through a holder in due course.
A reorganization plan may, in certain instances, provide for the rejection of executory
contracts or collective bargaining agreements.
A provision in a lease giving the landlord the right to terminate the lease by notice is
strictly construed against the tenant.
Franchises, along with sole proprietorships, partnerships, limited liability companies,
and corporations, are distinct forms of business organization.
A revocation of an offer is ordinarily effective only when it is communicated to the
offeree.
Cyril made two contracts. The first was to have his house painted one month from the
date of the written contract. The second was for his neighbor’s 1957 Ford Thunderbird.
Each contract was definite and clear in all respects. As to the house painting, Cyril
inquired with the painter as to when the work could begin. The painter explained that he
was extremely busy and was not sure if he could fulfill the contract. Cyril flew into a
rage and immediately hired someone else who painted the house, but at a higher price.
Cyril then sued the painter, claiming that there was an anticipatory repudiation of the
contract by the painter.
With regard to the automobile purchase contract, after signing the contract, the neighbor
decided that she did not wish to sell her car and refused to complete the transaction.
Cyril attempted to purchase a similar car elsewhere, but the car was a vintage
automobile which was not available on the open market. Cyril sued the neighbor for
specific performance of the contract. Discuss the probable outcomes of the lawsuits.
Consumer protection even protects a consumer from the consumer’s own negligence.
A federal agency planning to adopt a new regulation must give public notice of such
intent and then hold a hearing at which members of the public may express their views
and make suggestions.
A franchisor or franchisee could be a sole proprietor, a partnership, a limited liability
company, or a corporation.
A bailee can pass good title to a good-faith purchaser, even when the sale was not
authorized by the owner and the bailee has no title to the goods but is in the business of
selling those particular types of goods.
In a mutual rescission, both parties, acting in good faith, renew their commitment to
perform all obligations set forth in their original agreement.
The covenant of quiet enjoyment protects the tenant from interference with possession
by the landlord or the landlord’s agent, and it also imposes liability on the landlord for
the unlawful acts of third persons.
The Noise Control Act sets the standards for lawn mowers, automobiles, and other
devices often found in suburban neighborhoods.
The Equal Employment Opportunity Commission (EEOC) establishes equal
employment opportunity policy under the laws that it administers.