Any crime committed with a computer is a cyber crime.
Tank is a director and the majority shareholder of Unique New Investment Corporation
(UNIC). Tank buys, for $1,500, an option to purchase a tract of real estate for $50,000.
Tank forms Vista Property, Inc., to hold the option. As the majority shareholder, and
thus controlling director, of UNIC, Tank orders the firm to authorize the purchase of the
land from Vista Property for $500,000. Tank then has Vista Property buy the land, sell it
to UNIC, and loan the money to UNIC for the purchase at a 10 percent interest rate.
Wim, a minority shareholder in UNIC, complains to UNICs board, which takes no
action. Wim files a suit against Tank on UNICs behalf. Will Wim prevail? Explain.
Antidumping duties are the responsibilities of international environmental polluters.
In a general partnership, the partners are personally liable for the debts of the
partnership.
State law governs the procedures that must be followed to create a mechanics lien.
Federal statutes and regulations do not cover mobile sources of air pollution.
If a contract to do something in certain intervals over a period of less than one year is
not in writing, it is not enforceable.
If a voidable contract is avoided, the parties to it are released from it.
Advances against lines of credit can be subject to a properly perfected security interest
in certain collateral.
Firms overseas have almost total legal protection against government acts in the
countries in which they operate, under the act of state doctrine.
Donna gets her paycheck from Erstwhile Financial Services, Inc., her employer, and
attempts to deposit it in her account at First National Bank. Grey, the banks teller,
notices that on the check the amount stated in words is different from the amount stated
in numerals. Which amount can the bank lawfully credit to Donnas account?
There are no limits to the information that an administrative agency can demand from
an individual or organization.
Sexual harassment occurs when sexual favors are demanded in return for job
opportunities, promotions, salary increases, or other benefits.
A void contract is enforceable if it is in writing.
Term insurance provides life insurance with an accumulated cash surrender value that
can be used as collateral for a loan.
An agents authority to act on behalf of a principal must be apparent to be real.
A person may not be liable for a defamatory statement if he or she enjoys a privilege.