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Under the Americans with Disabilities Act of 1990, a person with a physical
impairment that 'substantially limits" everyday activities is disabled.
Bankruptcy law has one goalto encourage the continued use of credit
A bank has no right to charge a customer's account for the amount of a stale check.
At least one court has held that an affirmative action program violated the U.S.
Constitution.
A novation revokes and discharges a prior contract.
The law protects debtors as well as creditors.
For individual debtors, the plan in a reorganization case must be completed before
discharge will be granted.
If a seller is not a merchant, and the seller holds the goods, the risk of loss cannot pass
to a buyer.
If the assets in a debtor's estate in bankruptcy are insufficient to pay fully all creditors,
the debtor is liable for the difference.
At a criminal trial, the burden of proof is on an accused person to prove his or her
innocence.
A principal is liable for harm caused to a third party by an agent who commits a tort
while acting in the scope of his or her employment.
Stocks represent the borrowing of funds by firms.
Unlike an ordinary bailee, a warehouse company cannot limit its liability.
If an actor's conduct creates no risk, there is no negligence.
A third party's right to control the details of performance of a contract indicates that the
third party is an intended beneficiary.
One of the disadvantages of a sole proprietorship is that the owner is liable for the
losses of the business.
A court will not pierce the corporate veil of a corporation that is merely too "thinly"
capitalized.
