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The warranty liability of a qualified indorser is the same as that of an unqualified
indorser.
When an accountant makes a contract to perform services, there is a duty to exercise the
skill and care that are common for the accounting profession.
A limited liability company is identical to a Subchapter S corporation.
Costs and expenses of administration of the bankruptcy case, including trustee fees are
paid before any money is disbursed to secured or unsecured creditors.
The signature on an instrument must appear at the lower right-hand corner of the face of
the instrument.
The Foreign Corrupt Practices Act prohibits improper payments to influence foreign
officials.
When a fact is known to the agent of a seller, the sale is deemed made by the seller with
knowledge of that fact.
