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A franchise is a form of business organization.
For a creditor to have an enforceable security interest, the debtor must have title to the
collateral.
A warranty deed provides the most protection against defects of title.
A criminal case must be proved beyond a reasonable doubt.
A copy must be exactly the same as the original to infringe a copyright.
The Environmental Protection Agency is the primary federal agency regulating
environmental law.
The doctrine of commercial impracticability only extends to problems that could have
been foreseen.
Most employees can continue the group health benefits provided by their employers for
a limited period of time after the loss of employment.
Punitive damages are almost never available in contract disputes.
In most courts, accountants can be liable for negligence to any known users of the
accountants' financial reports.
Anything less than substantial performance is a material breach of contract.
If an action is ethical from an outcome-based perspective, it is always ethical from a
duty-based perspective.
An opinion that disclaims any liability for false or misleading financial statements is too
general.
The terms "procedural due process" and "equal protection" mean the same thing.
Generally, an employer's monitoring of electronic communications in the workplace
does not violate employees' privacy rights.
Entrusting goods to a merchant who deals in goods of the kind gives the merchant the
power to transfer all rights to a buyer in the ordinary course of business.
Against a charge of a violation of the Securities Act of 1933, only an issuer of stock can
assert the due diligence defense.
There are no exceptions to the Statute of Frauds.
The law establishes rights, duties, and privileges that are consistent with the values of
society.
