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Consumer protection laws, which commonly regulate the form of consumer contracts,
provide that back-page disclaimers are void if the front page of a contract does not call
attention to the presence of the terms on the back page.
Drawers are secondary parties on a note.
An action for negligence rests upon common law tort principles.
A binding contract cannot contain a cancellation provision.
A bill of lading will be negotiable if its terms are that the goods are to be delivered to
"bearer" or to "the order of" a named person.
Unfortunately, there is no evidence that commitment to ethical values is linked with
financial performance of business organizations.
A sole proprietorship must pay, at the corporate income tax rate, income taxes based on
the net earnings of the sole proprietorship.
The warranties of both merchantability and fitness for a particular purpose exist under
the Convention on Contracts for the International Sale of Goods (CISG).
Real property includes land and all rights in land.
An after-acquired property clause in a consumer security agreement can cover only
goods acquired by the debtor within thirty (30) days after the creditor gave value to the
debtor.
An administrative agency cannot hold a hearing without a jury.
Under the "known-user" rule, it is sufficient if a user is a member of a known class,
even if the identity of the particular user is not known to the accountant.
A person may be held criminally liable for acts committed by another.
If a warehouse receipt provides for the delivery of the goods "to the bearer," the receipt
may be negotiated by transfer of the document.
In order to be valid, an accountant's disclaimer of liability must be (1) clear and
unambiguous and (2) non-conspicuous.
A debtor may recover damages against any creditor who filed a bankruptcy petition in
bad faith.
