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A limited liability company can be taxed as a partnership.
There are no circumstances under which a contract can be tendered by multiple
deliveries of goods.
Contract law assures the parties to private agreements that the promises they make will
be enforceable.
There are three categories of property.
A lien is an encumbrance on property to satisfy a debt or protect a claim for the
payment of a debt.
Fungible goods are goods that are alike naturally, by agreement, or by trade usage.
A suspect cannot be tried twice in the same court for the same crime.
In sales law, there is only one type of warranty of title.
A lessor is a party who transfers the right to the possession and use of goods under a
lease.
A product is unmerchantable if an accident could arise in connection with the goods.
Any lawful contract can potentially form the basis for an action based on wrongful
interference with a contractual relationship.
Any conspiracy that has a substantial effect on U.S. commerce is within the reach of the
U.S. antitrust laws.
A buyer has an insurable interest in identified goods only if he or she has title to the
goods.
Procedural due process requires that any government decision to take a person's
property must be made fairly.
For consumer goods costing more than $25, a written warranty must be labeled "full" or
"limited."
A court will pierce the corporate veil of a corporation that is formed to evade an
existing legal obligation.
