An agreement cannot be enforced if it does not set forth every contractual detail.
The FTC requires that only descriptive and non-ambiguous terms such as jumbo, giant,
or full be used in product labeling.
A landlord is ordinarily not liable to third persons injured because of the condition (not
existing at the time the lease was created) of any part of the rented premises that is in
the possession of a tenant by virtue of a lease.
In performing agency duties, the agent must exercise the care that a reasonably prudent
person would exercise under the same circumstances.
A limited liability company may be managed directly by the owners.
A person who has drunk too much alcohol at a party and signs a contract may be able to
rescind that contract.
Cameo Industries desired a workplace free from all forms of sexual harassment.
Accordingly, Cameo developed guidelines for its workers that specifically forbade
sexual harassment. The guidelines gave examples of conduct that would not be
tolerated, provided penalties, designated a company official as the proper person to
whom complaints should be brought, investigated complaints thoroughly, and
maintained an educational policy designed to remind employees of the policy.Maureen,
a Cameo Industries employee, made a complaint of sexual harassment, charging that
her supervisor had demanded sexual favors. An investigation was performed and the
charge was substantiated. The supervisor was warned not to continue this conduct, but
it happened again. The supervisor was again issued a warning. Finally, Maureen
brought a court action against the supervisor and Cameo. Cameo defended on the
ground that it had done all in its power to rectify the situation. Decide.
The Sarbanes-Oxley Act of 2002 requires written certification of the 10-K and 10-Q
reports by each company€s CFO and CEO.