Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
A check may be certified by a bank on request of the drawer or the holder.
Changes to the Constitution have been brought about by interpretation, amendment, and
practice.
A payment by a debtor in the ordinary course of business, such as the payment of a
utility bill, will not be set aside by the bankruptcy trustee.
When a contract sets a price for services rendered, a plaintiff cannot sue for reasonable
value.
Bob Corporation entered into a contract to sell parts to Zeck. The contract provided that
the goods would be shipped "FOB Bob's warehouse." Bob shipped parts to Zeck that
were stolen from the carrier. When Zeck checked the invoice, Zeck discovered that Bob
had sent Model #20B instead of Model #20A, which the contract required. Whose loss?
Why?
"Tort" comes from the Latin term "tortus," which means "crooked, dubious, or twisted."
A partner cannot make a general assignment of firm property for the benefit of creditors
unless authorized by the other partners or unless they have abandoned the business.
If a contract appears to be legal on its face, it will be enforceable even if it was entered
into for an illegal purpose.
A trade fixture is a fixture that is traded in by the owner when purchasing new fixtures.
Title to land may be acquired by adverse possession.
Administrative agencies never allow members of the industry that is to be regulated to
participate in rule-making deliberations.
Testate distribution describes the distribution that is made when the decedent leaves an
invalid will.
A tenancy by sufferance describes a tenancy that can be terminated at any time upon
proper notice.
Investors who lack inside information and have sold their stock during the relevant time
period may recover damages from insiders who have made use of the undisclosed
information.
A limited liability company is identical to a Subchapter S corporation.
