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If the seller breaches the contract but no real damages occur, a court is likely to award
punitive damages to the buyer.
A secondary party cannot limit her or his liability by a qualified indorsement.
A carrier may make a special charge called a(n) ____________________ for delays
caused by the consignor or the consignee.
A(n) ____________________ is a legal reason offered by a primary or secondary party
for not paying a holder the amount due on a negotiable instrument.
The death of a tenant terminates the lease.
Fraud, duress, and undue influence make a contract ____________________.
A business person paid his influential state senator $25,000 to influence other
legislators to pass a bill favorable to his business. This payment would not be illegal if
the bill related to prescription drugs.
A government may take private property without compensation if it is needed for public
use.
A business owned and operated by one person is a(n) ____________________.
Some states place ____________________ on assignments.
