LAW 707 Midterm 1

subject Type Homework Help
subject Pages 2
subject Words 339
subject Authors Barry S. Roberts, Richard A. Mann

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If the buyer received goods on credit while he was insolvent by misrepresenting in
writing his solvency, the seller is able to reclaim the goods only if the seller makes a
demand on the buyer within ten days after the buyer has received the goods.
Explain what is meant by an implied warranty of habitability and how this doctrine has
changed the common law approach with respect to residential leases.
In relation to the Takings Clause, public use has been held to be synonymous with
public purpose.
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An offer may be made to the general public.
Under the 2004 amendments, corporate offenders who violate Sections 1 or 2 of the
Sherman Act face fines of up to $100 million per violation.
All states agree that a minor who has fraudulently misrepresented her age when
entering into a contract has no power to disaffirm the contract.
Dissolution of a corporation does not terminate its existence, and does not require that it
liquidate its assets.

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