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The breadth of the commerce clause permits the government to legislate only in areas in
which Congress has explicitly been granted power.
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A straight majority vote of the shares represented at a shareholders’ meeting is usually
required to pass resolutions.
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Any agreement that restricts output among competitors is a per se violation of Section 1
of the Sherman Act.
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The purpose of antitrust law is to reduce competition.
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All federal agencies must follow specific procedural requirements when fulfilling their
basic functions.
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In contract law, intent is determined by the personal or subjective intent, or belief, of a
party.
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An individual hired as a ‘contractor’ is not subject to the employment eligibility
verification requirements.
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With a mechanic’s lien, real estate becomes security for a debt.
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