Unlock access to all the studying documents.
View Full Document
The Foreign Sovereign Immunities Act spells out what a “foreign state” includes.
Constructive delivery occurs when property is physically transferred.
For a creditor to have an enforceable security interest, the creditor must give something
of value to the debtor.
Cumulative voting refers to the accumulation of proposals presented annually for a
shareholders’ vote.
Common law is the same as statutory law.
An offer made in obvious anger is still an effective offer.
A court can not dissolve a corporation for mismanagement.
The use of a person’s likeness for commercial purposes without permission is
appropriation.
A copyright owner must place a or an on the work to have the work protected from
copyright infringement.
Trade names have the same legal protection as trademarks.
When a sale of assets amounts to what in fact is a consolidation, the acquiring
corporation inherits the selling corporation’s liabilities.
A partner’s profit from a partnership is taxed as income to the firm.
A breach of contract entitles the nonbreaching party to sue for monetary damages.
Special damages are awarded for damage caused by special circumstances beyond a
contract.
There is one set of procedural rules for federal courts and one set for state courts.