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A partner is criminally liable for the crimes of her partners.
The difference between common and preferred stock is that the latter is a debt
instrument, whereas the former represents an equity interest in the company.
If the buyer is insolvent and has not paid for goods it has received, the seller may
reclaim the goods.
For a misrepresentation to be actionable as fraud in the inducement, it must be a
misrepresentation of opinion.
Only a bank may serve as the maker of a certificate of a deposit.
If the act or threat would affect a person of average strength and intelligence, then and
only then will the act constitute duress.
