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While most states have adopted limited liability company statutes, few states have
created statutes allowing the formation of limited liability partnerships.
Protection for trade dress is available under the Lanham Act.
The sole issue addressed in the Fair Labor Standards Act is child labor.
Licensing involves the transfer of title of goods to a distributor who bears the financial
and commercial risks for the subsequent sale of the goods.
A seller who makes a written express warranty for consumer goods costing more than
$50 must conform to FTC regulations.
The judge, not the decedent, has the privilege of naming who is to administer the estate
of a person who has died with a will.
Mediation tends to keep discussions between parties proceeding.
Agents are liable for harm caused third persons by the agents' fraudulent, intentional, or
negligent acts.
An altered instrument can be enforced according to its original terms.
The Freedom of Information Act provides access to any information upon request.
The provisions of Article 6 concerning bulk transfers are designed to protect creditors.
A buyer always has a right to examine the goods to determine if, in fact, the goods
conform to the contract.
The right to be secure against unreasonable searches and seizures conducted by the
police is guaranteed by state statute.
In a sale or return transaction, until the actual return of the goods is made, title and risk
of loss remain with the buyer.
The assignments of the right to money always gives the assignee the right to collect and
keep the funds.
A victim of a tort may sue and recover money damages.
The Federal Trade Commission administers the law prohibiting unfair methods of
competition.
The Racketeer Influenced and Corrupt Organizations (RICO) Act was designed
primarily to prevent individuals involved in organized crime from investing money
obtained through racketeering in legitimate businesses.
The right to sue for damages sustained from a defective product is reserved exclusively
to the buyer of such goods.
