A generic term is not protected under trademark law unless it acquires a secondary
meaning.
A buyers breach of a contract will not usually give the seller the right to cancel the
contract.
If a lessors tender of delivery fails to conform to a contract in any way, the lessee can
reject the goods.
An oral contract for a sale of land may be enforceable if the contract has been partially
performed.
A sole proprietorship continues in business despite the death of the owner.
An action may be legal but not ethical.
The bank on which a check is drawn is the payor bank.
Each member country of the TRIPS agreement must include in its domestic laws broad
intellectual property rights.
Ellen contracts to buy six cases of vintage Fertile Valley wine from Grapes & Vines
Winery for $1,200. The contract states that delivery is to be made at Ellens residence
“on or before May 1, to be used for daughter’s wedding reception on May 2.” On May
1, Grapes & Viness delivery van is involved in an accident, no wine is delivered that
day, and no one from Grapes & Vines tells Ellen. On the morning of May 2, Ellen buys
the wine from Happy Hill Winery. That afternoon, just before the reception, Grapes &
Vines tenders delivery of the wine at Ellens residence. She refuses tender. Grapes &
Vines sues her for breach of contract. How is the court most likely to rule?
Corporate directors and officers are insurers of business success.
Intent to deceive is an element of fraud.
Under the Equal Pay Act of 1963, all of the women on an employers staff must be paid
the same as all of the men.
A unilateral refusal to deal with a specific party is never a violation of antitrust law.
A corporate director is an “owner of the corporation.
Damages are designed to punish a breaching party and deter others from similar
conduct.
A person has an insurable interest in property if he or she would sustain a financial loss
from damage to the property.