Firms overseas have almost total legal protection against government acts in the
countries in which they operate, under the act of state doctrine.
The state can bring an action to dissolve a corporation that has failed to pay its annual
taxes.
Venue is the term for the subject matter of a case.
College Copy Shop (CCS) compiles, copies, and sells reading materials to students on
the instructions of their professors, who indicate which parts of which publications
should be included. These include texts published by Deep Topics, Inc. CCS does not
obtain the permission of Deep Topics, or any of the other original publishers of the
copied materials, and does not pay royalties on the sales of the compilations. Deep
Topics and others file a suit against CCS, alleging infringement of the plaintiffs’
intellectual property rights. Which type of intellectual property is involved in this
situation? What is CCS’s likely defense? How is a court most likely to rule? Explain.
An instrument is nonnegotiable unless the word “negotiable” is printed on it.
The state governments retain all powers not specifically delegated to the federal
government.
A pledge is a promise by a debtor to take reasonable care of the collateral.
Employee contributions to pension plans vest immediately.
A court-ordered seizure and taking into custody of property before the securing of a
judgment for a past-due debt is an attachment.
A contract that by its own terms cannot be performed within a year must be in writing
to be enforceable.
A person who enters into a contract when he or she is intoxicated can void the contract
even if he or she understood the legal consequences.
If a sale involves unborn animals to be born within twelve months after contracting,
identification takes place when the animals are born.
The Environmental Protection Agency defines wetlands as “lands that are wet.”
Under the plain meaning rule, a court will enforce a contract, in which the writing is
clear and unequivocal.
Parties are not generally free to make bad bargains.
A stolen credit card is more likely to hurt a consumer than a merchant.
A partnership dissolves if any partner ceases to “carry on” partnership business.