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While employed and even after termination of employment, an employee cannot
divulge trade secrets to a competitor.
Insiders may refrain from trading on inside information rather than disclose it to avoid
liability under Rule 10b-5.
An employer may have criminal liability for the acts of his employee.
Define undue influence and name some of the relationships that would be affected.
The use of a sample or model is a means of creating an implied warranty.
Qualified privilege depends upon proper use of the privilege.
Special relations between the parties, such as babysitter and child, may impose a duty
of reasonable care to aid or protect the child in situations where the duty would not
otherwise exist.
The same item may be classified as either equipment or consumer goods, depending on
how it is used by the debtor.
In a partnership, each partner is an agent of the partnership.
If no place of tender is indicated by the contract, it is presumed delivery is to be made at
the buyer's place of business.
What are the ways in which an offer may be terminated?
Consent, given by a person with capacity, negates the wrongfulness of an act.
Under the RUPA, no person may become a member of a partnership without the
consent of all the partners.
An officer cannot be removed without the shareholders voting to do so.
The statute of frauds generally requires that both parties sign the writing.
