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Under federal law, new pesticides that are hazardous may be prohibited from sale, but
old pesticides that that have already been registered may not be prohibited from sale.
Approximately fifty (50.) percent of divorce cases are settled between the parties prior
to trial.
An accountant who does not comply with GAASs when conducting an audit and
thereby fails to uncover a fraud or embezzlement by an employee of the company being
audited can be sued for damages arising from this negligence.
Prior to the 1920s and 1930s, the securities markets in the United States were not
regulated by the federal government.
Exculpatory clauses often are found illegal because they violate state statutes.
Proponents of the Critical Legal Studies School argue that strict adherence to legal rules
are unnecessary and that arbitrary rules based on broad notions of what is "fair" in each
circumstance are sufficient.
If an indorsement names a payee, this person is called the indorsee.
Appeals are made to courts with concurrent jurisdiction regarding the trial court.
A title is voidable if the buyer purchased the goods in a fraudulent manner.
Most standard fire insurance policies limit recovery to damage caused by hostile fires.
If an agent is driving his car to work from home and negligently causes an accident, the
principal will not be liable for injuries caused by the agent's negligence.
In order to be assignable, a contract usually must provide that the rights can be
assigned.
Each state has only one U.S. District Court.
Ethical relativism allows an individual to evaluate the ethics of his actions based on his
own feelings about what is ethical.
A drawer or maker is generally liable for payment on a forged indorsement of a
fictitious payee.
Aside from the North American Free Trade Agreement, Mexico has not entered into any
other free trade agreement.
In common law, robbery is defined as the taking of real property from another person or
business by the use of force or fear.
The United States Supreme Court has held that the content of offensive speech may not
be forbidden, but that it may be restricted by the government under reasonable time,
place, and manner restrictions.
If the goods or property have been consumed or are otherwise unavailable, restitution
must be made by conveying a cash equivalent.
To disaffirm a contract, a minor must act before reaching the age of majority.
The "post-effective" period begins when the registration statement becomes effective,
and runs until the issuer either sells all of the offered securities or withdraws them from
sale.
In an e-license arrangement, the owner of the program or application is the e-licensee,
and the owner of the computer or digital device to whom the license is granted is the
e-licensor.
Examples of state statutes include the Clean Water Act, the Securities Act of 1933, and
the National Labor Relations Act.
One cannot become a holder in due course of an instrument if there is apparent
evidence of an irregularity in the instrument.
The National Labor Relations Act created the National Labor Relations Board.
Article III of the United States Constitution authorizes Congress to establish "inferior"
federal courts.
A trademark can be registered even before it is actually used in commerce so long as
the registrant verifies a bona fide intention to use the mark in commerce and actually
does so within six months.
The sole proprietor owns all of the business and has the right to receive all of the
business's profits.
In a short-form merger, neither the approval of the shareholders of either corporation
nor the approval of the board of directors of the subsidiary corporation is needed.
A shareholder may submit a resolution to be considered by other shareholders if the
shareholder owned at least one thousand shares of the corporation's stock for at least
two years, and the resolution does not exceed five hundred and fifty words.
Marriage licenses are usually obtained at the Secretary of State's office in the state
where the marriage occurs.
The Safe Drinking Water Act does not regulate dumping into wells used for human
consumption.
There is a limited federal common law of contracts that applies to contracts made by
two (2) or more private parties.
