EthicsPoint is an organization through which employees can report unethical behavior
as long as they are willing to identify themselves.
Statutes often set forth rules specifying the terms of contracts.
Parents who sign a contract made by their minor child with an adult have the same
option to disaffirm as the child.
A testator is a decedent who dies without a will.
Generally, a dissociated member of a limited liability company (LLC) has the right to
have his or her interest in the LLC bought out by the other members.
An independent contractor is an employer who controls his or her agent’s performance.
An instrument “payable to bearer” is negotiated by delivery.
For a party to a contract to receive relief from either a unilateral or a bilateral mistake,
the mistake must involve a material fact.
Each member country of the TRIPS agreement must include in its domestic laws
intellectual property rights.
Individuals have a right to obtain access to information about them collected in
government files.
Sophie is the president of Tasty Foods Corporation, a wholesale grocery company. An
inspection by Uri, a government agent, uncovers unsanitary conditions in the company’s
warehouse caused by Vic, a Tasty Foods employee. Will, a Tasty Foods vice president,
assures Uri that the situation will be corrected, but a later inspection finds that the
warehouse is still unsanitary. Sophie knows nothing about any of this. Can Tasty Foods
be convicted of a crime in these circumstances? Can Sophie be held personally liable?
Absolute mandates such as the commandment “Thou shalt not steal” can be justifiably
broken if there is a benevolent motive.
Borealis Power Company is subject to mandatory worker’ compensation laws in the
states in which it does business. Chad and Dex work for Borealis as part of a crew that
travels to remote locations to repair downed power lines and other damaged equipment.
At a distant site, Chad is injured in an accident that is entirely Dex’s fault. Chad files a
claim for worker’ compensation. Should the claim be granted? What would be
Borealis’s best defense against it?
A contract may include a clause stating that no damages can be recovered for a certain
type of breach.
Liens usually do not take priority over other claims against the same property.
Specific performance is an equitable remedy requiring exactly the performance that was
specified in a contract.
In determining the legality of a merger, a crucial consideration is market concentration.
Gambling involves the distribution of property by chance among persons who have
paid valuable consideration for the opportunity to receive it.
Procedural due process requires that any government decision to take a person’s
property must be made fairly.
Shareholder voting agreements are usually held to be invalid and unenforceable.