Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
For necessary charges and expenses, a carrier has a lien on goods in its possession
covered by a bill of lading.
Generally, a price term can be implied if there is a market or source from which to
determine the price of the item or service.
The Occupational Safety and Health Administration has adopted thousands of rules to
enforce the safety standards established in the act to which companies must adhere.
Under the Fair Labor Standards Act, children under the age of 14 cannot work except as
newspaper deliverers.
Most states permit foreclosure by power of sale, and this right is implicitly conferred in
the mortgage or deed of trust.
Someone who leases goods that were stolen gets no title to the goods.
An offer can be accepted only by the offeree to whom it was made.
Merely locking one door to a building when other exits are not locked is not false
imprisonment.
The threat to bring a civil lawsuit in order to obtain a settlement agreement can be
duress, even if the lawsuit is legitimate.
An offer made in jest, where a reasonable person would conclude that it was made in
jest, cannot result in a contract.
Venue requires that lawsuits be heard by the court with jurisdiction nearest the location
in which the incident occurred or where the parties reside.
When filing a lawsuit for negligence, the plaintiff must declare whether the contributory
negligence or comparative negligence doctrine applies to the dispute.
It is possible to have an insurable interest in goods without having title to the goods.
A partially-disclosed agency exists where the third party is aware that the party he is
dealing with is an agent, but does not know the identity of the principal.
A motion for judgment on the pleadings can be made by either party before the
pleadings are complete.
The Clayton Act is a federal statute, enacted in 1914, that regulates mergers and
prohibits certain exclusive dealing arrangements.
A corporation can sue or be sued in its own name.
A shop owner who pays $5,000 "protection money" to a mobster so that his store will
not be burned down by the mobster can recover the $5,000.
If a buyer or lessee wrongfully refuses to make payments when due and this occurs
before delivery, the seller or lessor may withhold delivery of the goods.
If a U.S. Supreme Court decision results in a tie vote, the lower court decision is
affirmed.
Decisions of the U.S. Supreme Court are final and cannot be appealed.
Treaties differ from conventions in that treaties are usually agreements directly between
the signatory nations.
Title VII's prohibition against gender discrimination applies equally to men and women.
The Restatement (Second) of Contracts eliminates the distinction between conditions
precedent and conditions subsequent, and both are referred to as "conditions."
According to the Williams Act, the "fair price" rule stipulates that tendered shares must
be purchased on a pro rata basis if too many shares are tendered.
In a limited partnership, general partners have unlimited liability for debts and
obligations of the partnership.
The rights and powers of the government related to eminent domain are governed by,
and based exclusively on, statutory law.
Businesses organized in the United States are subject to the laws of other countries in
which they operate.
The purpose of the Uniform Securities Act is to coordinate federal and state securities
laws.
Offensive speech is generally considered to be another name for obscene speech.
