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Each state has its own constitution.
Even after a tenant sublets leased premises, he or she may be obligated to pay rent.
An instrument payable "with interest must specify a particular rate to be negotiable.
In some states, obtaining the unanimous written consent of shareholders is a permissible
alternative to holding a shareholders meeting.
Contract law shows what excuses our society accepts for breaking certain types of
promises.
A profit is a right to go onto land owned by another and take away some part of the land
itself or some product of the land.
Tundis will provides for a distribution of her assets on her death. Who "distributes this
property, and what are the steps involved?
A security interest in collateral does not give the secured party a security interest in the
proceeds acquired from the sale of that collateral.
When a buyer breaches a contract, the risk of loss immediately shifts to the buyer.
Scienter refers to a material facts scientific basis.
A holder takes an instrument for value if he or she accepts the instrument as payment
for an antecedent debt.
An exculpatory clause in an employment contract is usually enforceable.
A bailment cannot be found without the elements of control and knowledge.
If some of the goods delivered do not conform to a contract and the seller or lessor has
failed to cure, the buyer or lessee can make a partial acceptance.
Only two persons can hold property as tenants in common.
All powers not specifically delegated to the federal government are reserved to the
states.
A liquidated damages provision specifies that a certain amount is to be paid in the event
of a future default or breach of contract.
An appellate court can reverse the decision of a trial court that erred.
