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Hearsay evidence is what someone heard someone else say.
To be considered material, a fact must be significant enough that it would likely affect
an investors decision to buy or sell a companys securities.
An offer may invite an acceptance to be worded in such specific terms that the contract
is made definite.
A seller with voidable title can transfer good title to a good faith purchaser for value.
A member of a limited liability company (LLC) has the power and the right to
dissociate from the LLC at any time.
Restrictions on imports may include quotas.
Implied conditions are found in the express language of an agreement.
Under the Age Discrimination in Employment Act of 1967, the plaintiff needs to show
only that the employer was motivated in part by unlawful discrimination.
If a provision in an insurance policy is ambiguous, the provision will be interpreted
against the insurance company.
The state office in which a financing statement should be filed depends on the debtors
location.
If goods identified to a contract are destroyed through no fault of either party, both
parties are excused from performance.
Phishing occurs when a criminal poses as a member of the rock group Phish.
If an illegal contract is executory, either party can enforce it.
The legality of an action is always clear.
In ordinary bailments, bailees do not have the right to limit their liability.
