When a building contractor has substantially performed a contract to construct a
building, the contractor is entitled to recover the full contract price.
In a composition of creditors, the various creditors of a single debtor mutually agree to
accept a fractional part of their claims in full satisfaction of the claims.
An agreement that calls for the commission of a civil wrong is illegal and void.
In most states, statutes limit or provide a method of limiting the common law liability
of a hotelkeeper.
A public warehouser has a specific lien against the goods stored for reasonable costs
incurred from the storage.
The payee has no rights in an instrument until the drawer or the maker has delivered it
to the payee.
Sid worked as the agent of Rosemary. Rosemary was in the business of buying antique
clocks and selling them to the public. She became so successful at this that people
began to become reluctant to sell to her, feeling that if she was buying the clock, it
probably could be sold for more. Rosemary instructed Sid to purchase several clocks
but not to reveal that the purchases were being made on her behalf. Sid contracted to
buy several clocks and gave his own check as down payment to keep Rosemary’s
identity concealed. Although Rosemary had authorized the contracts, she reneged on the
contracts. Sid thereupon told the seller what had happened and stopped payment on the
down payment check. The seller of the clocks sued Rosemary on the bounced check
and for breach of contract. Sid was sued on the same causes of action. Decide all cases.