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Robert paid William $1,000 for a rare first edition of an Edgar Allen Poe novel. The
sales contract states that the book is to be delivered within ten days. William, however,
refused to deliver the book as promised. In order to sue for specific performance under
the UCC, Robert must prove that money damages will not be adequate compensation
for his loss.
Discuss what is required in most states to form a corporation.
The finder of lost property is entitled to possession of it, even against the true owner.
The law will carefully scrutinize contracts between Pete, a trustee, and Mason, a
beneficiary of the trust, to make sure there was no undue influence by Pete.
In commercial speech cases, the U.S. Supreme Court requires that any restriction on
such speech must be the least restrictive possible to achieve a substantial governmental
interest.
A sublease is made when the tenant transfers control of his entire interest in the leased
property to a third party.
To acquire the preferential rights of a holder in due course, a person must either meet
the requirements of the Code or must "inherit" these rights under the shelter rule.
