LGST 25034

subject Type Homework Help
subject Pages 5
subject Words 617
subject Authors Frank B. Cross, Roger LeRoy Miller

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page-pf1
False imprisonment can be a tort if confinement or restraint is unjustified.
An insurable interest in property must exist when a policy is purchased.
Anyone who wrongfully obtains inside information and trades on it for his or her
personal gain can be liable under SEC Rule 10b-5.
A horizontal merger occurs when a company at one stage of production acquires a
company at a higher or lower stage of production.
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Fraud has occurred online only by e-mail.
Real estate sales contract are often made contingent on the buyer obtaining financing.
The key federal statute regulating the credit and credit-card industries is basically a
disclosure law.
In a limited partnership, limited partners have essentially the same right as general
partners to participate in management.
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A creditor can garnish almost all types of property.
Under the Age Discrimination in Employment Act of 1967, a plaintiff must show only
that unlawful discrimination was the reason for an adverse employment action.
The content of a family-fisherman bankruptcy plan is basically the same as that of a
repayment plan.
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Publishing false information about anothers product is trade libel.
Agents and employees of Apples Corporation and Oranges Corporation are convicted of
conspiring to violate a federal law that is punishable by a term of imprisonment and a
fine. Can the corporations be held liable for these crimes? If so, how can they be
punished?
In most states, a financing statement must be filed centrally in the appropriate state
office.
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A contract is void if one of the parties was intoxicated at the time of its formation.
Dan is a promoter for the soon-to-be-incorporated firm of E-Business, Inc. Dan signs a
contract with Smith & Jones, Accountants, to render their services before E-Business is
incorporated and for one year after the incorporation. E-Business is incorporated. Three
months later, after Smith & Jones has continued performing under the contract, the
E-Business board of directors tells the accountants that it is canceling their contract.
Smith & Jones files a suit against Dan and E-Business, alleging breach of contract. Will
Smith & Jones prevail?

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