The capacity to be a principal, and thus to act through an agent, depends on the capacity
of the principal to do the act.
The Securities Act of 1933 regulates tender offers and proxy solicitations.
A license is the limited right to remove the produce from another’s land.
Article 9 of the UCC makes ineffective any term in a contract prohibiting the
assignment of any right to payment for goods sold.
Subject matter jurisdiction refers to the authority of a particular court to adjudicate a
controversy of a particular kind.
Directors are elected at the annual meeting of shareholders.
Assume the U.S. and the government of San Sebastian broke off diplomatic relations in
a dispute over fishing rights. The U.S. blocked exports to San Sebastian. San Sebastian
in turn seized and expropriated the assets of several U.S. companies located within the
country. One of the companies, Continental Coffee, sued the U.S. government and the
government of San Sebastian charging violation of the U.S. Constitution on the grounds
of deprivation of property without due process of law. How will the company fare in its
case against the U.S.? against San Sebastian? Explain your answer, providing reasons
for your decision.
The basic principles of contract law apply to insurance policies.
Sally goes away to college at 17, lives on her own and pays her own rent and electric
bills. If she makes a contract to buy a television set, in most jurisdictions, she may
assert her minority status and set aside the contract.
A sender of unsolicited commercial electronic mail who misleads recipients as to the
source or content of the e-mail has violated federal law, the CAN-SPAM Act.