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Prenuptial agreements are agreements made during a wedding ceremony that define
each partner's duties to one another during the marriage.
A contract can include a provision stating that no damages can be recovered for certain
types of breaches.
A person cannot become an HDC if a defense against payment is apparent on the face
of the instrument.
It is legal to charge any interest rate for an ordinary loan.
A close corporation can operate as an S corporation.
The trustee is the person for whose benefit a trust is held.
A car is tangible personal property.
The measurement of compensatory damages for breach of contract is the same for all
types of contracts.
A discharge will be denied to a debtor who received a discharge within eight years of
filing the current petition.
An agreement that is deemed a per se violation will be examined by a court to
determine whether the agreement's benefits outweigh its anticompetitive effects.
Most courts require a showing of injury when an action is to rescind a contract for
fraud.
Once the seller has tendered delivery, the buyer is obligated to accept the goods and pay
for them.
The offense of monopolization does not require the intent to monopolize.
Misrepresentation can occur through conduct.
Negotiation is the most complex form of alternative dispute resolution.
A creditor must exhaust all legal remedies against the principal debtor before holding
the surety responsible for payment.
When an agency relationship is terminated, the principal has a duty to personally notify
third parties who knew of its existence.
A financing statement cannot be the same as the security agreement.
