Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
Name and briefly describe the special features or extraordinary duties of five special
types of bailments discussed in the textbook.
A compulsory share exchange happens when two companies wish to merge into one.
Confiscation and expropriation of property by a foreign government violate generally
observed principles of international law.
A principal owes to any agent the same duties under tort law that the principal owes to
all parties.
Title VII of the Civil Rights Act of 1964 prohibits discrimination based on age.
Give an example of an assignment of rights and explain the relationship of the parties.
Earned surplus would include undistributed profits, income, gains, and losses from the
date of incorporation.
The fictitious payee rule is based on the idea that employers should bear the risk of their
own unscrupulous employees.
On June 1, a civic club made an offer to pay a beer distributor to have ten kegs
delivered to the city park for a July 4th fund-raising event. On June 30, the city passed a
new law prohibiting consumption of alcohol in the city park. The civic club's offer is
terminated on June 30.
