A trade name cannot be registered with the federal government if it is also a trademark.
Only private attorneys prosecute criminal defendants.
A certificate of deposit is a type of draft.
In most cases, merging corporations officers and employees do not need to approve the
merger.
A partner may use partnership property for any purpose without accounting to the
partnership.
Employers who provide pension plans for retired workers must comply with certain
standards in managing the plans.
Securities of charitable organizations are exempt from the registration requirement of
the 1933 Securities Act.
A promise to do something that one has a prior legal duty to do is not consideration.
Monopoly power may be proved by evidence that a firm used its power to control
prices.
A joint venture is taxed like a partnership.
States authority to regulate Internet gambling is limited to their physical boundaries.
The time for repayment under an individuals Chapter 11 plan is three or five years,
depending on the debtors family income.
Private offerings of securities in unlimited amounts can never be exempt from the
registration requirement of the Securities Act of 1933.
Unless otherwise agreed, the result of an online dispute resolution proceeding may not
be appealed to a court.
An instrument is nonnegotiable unless the word “negotiable is printed on it.
The equal dignity rule does not apply to a corporate officer who, in an ordinary business
situation, acts on behalf of his or her firm.
Acting in good faith gives a business firm a better chance of defending its actions in
court.
A party to a licensing agreement generally agrees to pay royalties on some basis.