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If a shareholder borrows money and delivers stock as collateral security, the creditor
has a perfected security interest in the stock without any filing by the creditor.
Fees charged by a lender for the reasonable expense of making a loan, such as the cost
of appraising property, are treated as interest for purposes of the usury law.
Shareholders exercise direct control over their corporation.
An injured party who rescinds a contract after having performed services may recover
the reasonable value of the performance rendered under restitutionary or
quasi-contractual damages.
An agent should never sign a contract using "by" or "per" and then his or her name.
A notice of dishonor may be oral, written or electronic.
An accumulation of complaints from employees, customers, or investors can lead to
imposition of restrictive new regulations and laws.
Cyberlaw is a completely new area of law, unrelated to any established field of law.
