Business Law 82478

subject Type Homework Help
subject Pages 5
subject Words 328
subject Authors Roger LeRoy Miller, William E. Hollowell

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page-pf1
Consent is a defense to an allegation of both assault and battery.
A third party's right to control the details of performance of a contract indicates that the
third party is an intended beneficiary.
Federal legislation can affect how businesses compete.
A person has an insurable interest in property if he or she would sustain a financial loss
from damage to the property.
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No contract can prohibit delegation of the duties of the contract.
A landlord is usually required to give some period of notice to terminate a periodic
tenancy.
Substantive due process focuses on the substance of legislation.
An illegal contract is valid if the parties to it were unaware of the illegality.
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To be enforceable, a contract for a sale of goods priced at $500 or more should be in
writing.
A check is a special type of draft.
It is illegal for two parties to mutually agree to rescind a valid contract.
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Land does NOT include the artificial structures attached to it.
On a partner's dissociation, his or her interest in the partnership must be purchased.
If property is owned as community property, each spouse owns an undivided one-half
interest in it.
The First Amendment requires a complete separation of church and state.
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An instrument "payable to bearer" is negotiated by delivery.

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