BUS LAW 73842

subject Type Homework Help
subject Pages 6
subject Words 455
subject Authors Roger LeRoy Miller

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A party seeking to recover in quasi contract must show that he or she has been unjustly
enriched.
Generally, an employer's monitoring of electronic communications in the workplace
does not violate employee' privacy rights.
Under the covenant of quiet enjoyment, a landlord promises that a tenant will not be
disturbed in the possession of the premises.
The Environmental Protection Agency periodically updates the air pollution standards.
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The initial interest rate is the part of a purchase price that is paid up front in cash.
A guarantor is secondarily liable on an obligation.
The laws governing franchising are primarily designed to protect franchisors from
dishonest franchisees.
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Negative amortization occurs when the monthly payments are insufficient to cover the
interest due on a loan.
A partner owes to the partnership and the other partners a duty of loyalty.
The beneficiaries of a business trust are personally liable for its obligations.
When a corporation is dissolved voluntarily, the corporation must file articles of
dissolution with the state.
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Preemption occurs when Congress chooses to act exclusively in a concurrent area and a
valid federal statue or regulation takes precedence over a conflicting state or local law.
Resale price maintenance agreements are subject to analysis under the rule of reason.
A major problem facing the Securities and Exchange Commission is how to enforce the
antifraud provisions of the securities laws in the online environment.
It is legally necessary to notify the obligor of any assignment of rights to a third party.
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An offeroree is a person who makes an offer.
The duty of good faith is imposed on the parties involved in commercial contracts by
the Uniform Commercial Code.
A customer who writes a bad check may be subject to criminal prosecution.
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A certified check is a check that has been signed by a notary public.
Under rules of professional misconduct, an attorney should not engage in conduct
involving deceit.

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