A remedy is the relief provided to an innocent contracting party when the other party
breaches the contract.
A bank that fails to detect an alteration to its customer’s check is liable to the customer
for the loss.
A party can challenge an administrative regulation as so irrational as to be arbitrary and
capricious.
A director usually serves on a corporation’s board for a life term.
A contract is termed an adhesion contract when both parties adhere to it.
The Statute of Frauds requires that fraud must be proved by a writing.
A void contract is enforceable if it is in writing.
A partnering agreement can indicate the parties’ intent with respect to subsequent
contracts.
An incidental beneficiary can sue directly to enforce a promisee’s promise.
Only a limited partnership’s limited partners have a fiduciary obligation to the other
partners.
An expert’s false statement to a naive buyer about a technical detail may entitle the
buyer to rescind a contract.
A partnering agreement reduces the likelihood that a dispute will arise under a contract.
A covenant not to compete is never enforceable.
A partner may use and possess partnership property for any purpose.
Thinking about killing someone constitutes the crime of attempted murder.