BUS LAW 42734

subject Type Homework Help
subject Pages 6
subject Words 426
subject Authors Gaylord A. Jentz, Roger LeRoy Miller

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page-pf1
All bailments include a bailee's right to use the bailed property.
A condition precedent must be met before a party's performance can be required.
Despite deviations from the specifications in a construction contract, a builder can be
considered to have substantially performed.
Even if an obvious, significant clerical error exists in a written contract, the contract is
enforceable.
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A shareholder in a professional corporation can be liable for malpractice arising from
the rendering of professional services.
To "publish" a will means to record it in the appropriate county office.
To establish a prima facie case of discrimination under the Americans with Disabilities
Act of 1990, a plaintiff must show that discriminatory intent motivated an employer's
decision.
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Forming a limited liability company requires filing articles of organization in a state
office.
An administrative agency can issue a guidance document to advise the public on the
agency's legal and policy position.
Labels on fresh meat must indicate where the food originated.
General principles of agency law pertain to a partner's authority to bind a partnership in
contract.
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For a party to take by adverse possession, the party's possession must not be hostile to
the true owner's rights.
The verdict in a summary jury trial is binding.
When goods are in a consignee's possession, the consignee's creditors will prevail over
the consignor in an action to repossess the goods.
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If a buyer breaches a contract and the seller resells the goods to another party, the seller
cannot recover any loss from the breaching buyer.
An employer may not hire substitute workers to replace strikers.
SEC Rule 10b-5 applies in relatively few cases involving the trading of securities.
If confusion occurs as a result of the act of a third party, that third party acquires
ownership rights in proportion to the amount confused.

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