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A design defect is not the sort of product defect that will support the imposition of
liability on a strict product liability basis.
An expression of opinion will usually create a warranty.
The holder of a life estate has the right to use property for whatever purpose he or she
sees fit without regard to the rights of a fee simple owner.
Quasi contracts allow the courts to act as if a contract exists when there is no contract.
Oral evidence of the modification of a contract after its making can be introduced at a
trial.
If goods identified to a contract are destroyed through no fault of either party, both
parties are excused from performance.
The writing evidencing a negotiable instrument must be on material that lends itself to
permanence.
According to the UCC, one open term will cause a sales contract to fail for
indefiniteness.
Most creditors require mortgage insurance if the down payment is less than 20 percent
of the purchase price.
Express powers of a corporation can be found in federal constitutions.
The recipient of a legacy is called a devisee.
State consumer protection laws are directed at deceptive trade practices.
A fictitious payee is a payee on a negotiable instrument whom the maker or drawer does
not intend to have an interest in the instrument.
To collect a debt, a credit collection agency may take any steps it deems necessary.
The primary goal of the North American Free Trade Agreement is to eliminate tariffs
among the United States, Canada, and Mexico.
Dumping is the exporting of environmentally polluting goods to a foreign market.
Under intestacy laws, only when no children or grandchildren survive the decedent will
a surviving spouse succeed to the entire estate.
A bill of lading serves as a contract for the transportation of goods.
A fanciful use of ordinary words may be trademarked.
Constitutional safeguards to protect the rights of individuals apply in federal courts.
