Sexual harassment occurs only if sexual favors are demanded of an employee.
Property used by a government for a public purpose such as a park is community
property.
Insurance coverage is never effective until a formal written policy is issued.
A prepayment penalty clause requires a borrower to pay a penalty if a mortgage is
repaid in full within a certain period.
Insurance is classified according to the amount of the payment on a claim.
A covenant not to compete is never enforceable.
For an item to be characterized as a “good” under the UCC, it must be intangible.
Self-defense is a defense to an allegation of both assault and battery.
A suggestive use of ordinary words may be trademarked.
A warranty of good title means that a seller warrants that he or she has valid title to the
goods and that transfer of the title is rightful.
A business firm’s profits may suffer if the firm is not a “good corporate citizen.”
Generally, all contracts are assumed to be shipment contracts if nothing to the contrary
is stated in the contract.
A copyright owner must place a or an on the work to have the work protected from
copyright infringement.
Concealing assets from a bankruptcy court is a crime.
Chris promises Dina $40,000 if she graduates from Eagle College. Dina enrolls in
Eagle, attends full-time for four years, and graduates. When Dina asks Chris for
$40,000, Chris says, “I don”t remember promising you $40,000. But if there was a
promise, it’s not enforceable, because we didn”t bargain for it. And even if there was a
promise that would otherwise be enforceable, I revoke it now.” Can Dina enforce
Chris’s “promise”? Why or why not?
For a minor to disaffirm a contract, he or she must present the contract to a court.
Securities of nonprofit, educational, and charitable organizations are not exempt from
the registration requirement of the 1933 Securities Act.
Private offerings of securities in unlimited amounts can be exempt from the registration
requirement of the Securities Act of 1933.
Identification, risk of loss, and insurable interest are all concepts that are involved in
determining the rights and liabilities of parties to a contract.
A partner is a co-owner of partnership property.