A corporate officer is not an agent for the corporation.
A bill of lading serves as a contract for the transportation of goods.
A limited partner has a right to participate in the management or operation of the
partnership.
A delegation relieves the party making it of the obligation to perform.
A justiciable controversy is a case in which the courts decisionthe “justice that will be
servedwill be controversial.
A state law that conflicts with the U.S. Constitution will be deemed unconstitutional.
A sale of “things attached to realty is always considered a sale of goods.
The key to liability under Section 10(b) of the Securities Exchange Act of 1934 and
SEC Rule 10b-5 is whether undisclosed inside information is material.
The last security interest to be perfected is the first in priority over any other perfected
security interests.
A collection agency cannot contact a debtor at the debtors place of employment if the
employer objects.
Pricing information cannot be a trade secret.
A public policy underlying the imposition of strict product liability is that consumers
should be protected against unsafe products.
A court may depart from a precedent if the court decides that the precedent should no
longer be followed.
After a consolidation, there is only one surviving corporation.
A firm can have market power without violating antitrust law.
Fraud has occurred online but not by e-mail.