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Divestiture of a business interest is a possible penalty under RICO.
A forged signature is effective as the signature of a drawer to the extent that is
resembles the drawer’s actual signature.
To rescind a contract, each party essentially advances to the position he or she would
have been in if the contract had been fully executed.
A person who acquires an instrument knowing that the instrument contains an
unauthorized signature can still be afforded HDC protection.
In a fee simple absolute, the owner has the greatest aggregation of rights, privileges,
and power possible.
A trade name can be protected if it is unusual or fanciful.
The initial interest rate is the part of a purchase price that is paid up front in cash.
One cannot acquire ownership by possession by “capturing” a wild animal.
Federal courts are superior to state courts.
State courts cannot have exclusive jurisdiction.
In cyberspace, trademarks are sometimes called cyber marks.
The Eighth Amendment prohibits excessive bail and fines, as well as cruel and unusual
punishment.
A bank cannot recover from a party who cashes a check bearing a forged drawer’s
signature once the bank has accepted and paid the item.
An agreement is not one of the requirements of a valid contract.
An installment contract is a single contract that requires or authorizes delivery in two or
more separate lots to be paid for in one payment.
A corporation can recapture any profits realized by an insider on any purchase or sale of
the firm’s stock within any six-month period.
All oral contracts are enforceable under the UCC.