In equal protection cases involving economic regulation, the courts use the rational
relationship test.
To qualify as an innocent landowner under SARA, a person must have, at the time of
acquiring the property, asked about the previous ownership and uses of the property.
Notice of a shareholder’s meeting may be waived in writing.
On June 1, Edward visited a bicycle sales and service center. Edward spotted a used
bike he liked and was told by the dealer that he could have the bike for $100 cash. Since
Edward needed a few days to get the money, Edward got a signed, written statement by
the dealer that Edward could buy the bike for $100 at anytime on or before June 15. On
June 10 Edward came to the dealer with the money, but the bike had been sold to
another customer. Was the dealer under any obligation to Edward to keep this offer
open until June 15? Give legal reasoning for your answer.
Jennifer purchased a used refrigerator from her next-door neighbor, a mail carrier.
When she took it home and plugged it in, the refrigerator burst into flames. The seller in
this case is in breach of the implied warranty of merchantability.
For a misrepresentation to be fraudulent, it need not be material.
Jeff’s promise to marry Margaret cannot be transferred to a third party.
A person admitted into an existing partnership is personally liable for all of the
obligations of the partnership arising before his admission.