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A defendant is a person against whom a lawsuit is brought.
An offer that a statute makes illegal automatically terminates the offer.
Any breach excuses the nonbreaching partys duty to perform.
Federal laws often provide more sweeping and significant protections for the consumer
than state laws.
A reviewing court reverses a trial courts judgment only in a case in which the plaintiff
lost.
A product liability action may be based on warranty theories.
Defamation involves wrongfully hurting a persons good reputation.
Two parties can mutually agree to rescind a contract unless it is executory.
One of the primary effects of a discharge is to relieve the liability of a co-debtor.
State and federal governments provide for the registration of trademarks.
The age of majority in most states is eighteen years.
The annual percentage rate is the actual cost of a loan on a yearly basis.
Performance standards for major sources of air pollution require the use of the any
available technology, or AAT.
A minor may disaffirm a contract only after attaining the age of majority.
A sanction known as counteradvertising requires a company to advertise the products of
its competitor to counter its own false claims.
If no time for acceptance is specified in an offer, the offer terminates at the end of a
reasonable time.
Corporate directors are rarely compensated for their work, effort, and especially the risk
involved.
Anticipatory repudiation is a material breach of a contract.
All federal government agencies must make their records available electronically on the
Internet.
