Sexual harassment is covered by Title VII.
Only the intentional destruction of personal property and not the use of the property in
an unauthorized manner can give rise to a cause of action for conversion.
The Code and the Restatement have no provisions for discharge of contractual duties in
cases involving commercial impracticability.
Bradley buys a television set that turns out to be stolen. He can sue the seller for breach
of warranty.
Officers who trade on inside information must return their profits to the corporation.
NEPA does not apply to the urban environment.
David dies an untimely death in a boating accident two days after writing a check to his
landlord. When the check is presented to his bank three weeks later, they refuse to pay.
The landlord will have to file a claim in any probate proceedings if he wishes to collect
on the check.
The Swails have an 80 percent co-insurance policy on their $100,000 home. Explain
what this means. If they have an 80 percent co-insurance clause, a policy for $80,000,
and suffer a covered loss of $40,000, how much will the insurer pay? If they have an 80
percent co-insurance clause, a $60,000 policy, and suffer a loss of 25% of their
property, how much will the insurer pay?
Unless an auction is advertised or announced as being without reserve, the sale is with
reserve, and the auctioneer may withdraw the goods at any time until he announces
completion of the sale.
A second will automatically revokes an earlier will if it is wholly inconsistent.
A contract in which a party (the promisor) promises to render a certain performance not
to the other party (the promisee) but to a third person (the beneficiary) is called a third
party beneficiary contract.
A written stop payment order is effective until revoked in writing.
On Tuesday morning John sends a letter to Arlene rejecting her offer, but later the same
day John changes his mind and sends a letter of acceptance to Arlene. The letter of
acceptance will be effective only if it is received by Arlene before she receives the
rejection.
Rodrigo lends money to Isaac on Linda’s promise to act as a surety. Rodrigo’s extension
of credit is the consideration to support Isaac’s promise to repay the loan and Linda’s
suretyship undertaking.
An exculpatory clause excusing a party from liability for harm caused by reckless
conduct will generally make a contract unenforceable as a violation of public policy.
Under the RMBCA, a newly formed corporation need not hold an organizational
meeting.
The word “truck” cannot be a trademark for trucks, although it could be a trademark for
a new brand of designer jeans.
What are the requirements of negotiability under the Code? List and briefly summarize
them.