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In a breach of warranty suit, damages are the amount needed to correct the defect.
What makes an exculpatory clause illegal and against public policy?
The ____________________ Act allows debtors access to their credit records and the
right to have corrected any reporting mistakes.
____________________ is a promise made for an act that has already occurred.
In a newspaper ad, Ryerson offered a $100 reward for the return of her diamond
bracelet. Early found the bracelet, read the ad, returned the bracelet to Ryerson, and
claimed the reward. Does a contract exist between Ryerson and Early? Explain.
A judgment in a class action suit is binding only upon the person bringing the suit.
Contracts made by minors are void.
Because partnership may be temporary, one partner has no insurable interest in the life
of another.
The power to regulate commerce arises from the ____________________ clause of the
U.S. Constitution.
