LAW 887 Midterm

subject Type Homework Help
subject Pages 2
subject Words 253
subject Authors Barry S. Roberts, Richard A. Mann

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The majority of states allow the injured party who has been induced to enter into a
contract by fraud to recover only "out-of-pocket" damages equal to the difference
between the value of what she has received and the value of what she has given for it.
Electronic surveillance for the purpose of acquiring trade secrets is permissible under
the law of unfair competition.
Explain the difference between the lien theory and the title theory in relation to
mortgages.
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Bargains are illegal if they violate a crime or tort but not if they are merely against
public policy.
The earned surplus test for the issuance of dividends by a corporation is less restrictive
than the surplus test.

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