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In some states, the vesting of a third party's rights occurs only when the third party
learns of the contract and assents to it.
Only the intentional destruction of personal property and not the use of the property in
an unauthorized manner can give rise to a cause of action for conversion.
What is negotiation? How does one become a "holder" of an instrument?
Shareholders do not have vested property rights resulting from provisions in the articles
of incorporation.
To be effective, title to land may transferred only by deed.
An act that is contrary to public policy or is morally reprehensible may constitute
duress.
A letter of credit is a promise by a buyer's bank to pay the seller, provided certain
conditions are met.
While comparative negligence is generally not a defense in a strict liability case,
contributory negligence generally is a successful defense.
Seventeen-year-old Teresa wants to disaffirm her student loan agreements. In most
states, she may do so.
The RULPA requires that the limited partnership certificate list the capital contribution
of each general and limited partner.
