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A limited liability partnership can be formed in virtually any state.
A bank cannot recover from a holder who cashes a check bearing a forged indorsement
once the bank has accepted and paid the item.
To establish a prima facie case of discrimination under Title VII, a plaintiff must show
that discriminatory intent motivated an employer's decision.
A professional cannot be liable for fraud in the absence of fraudulent intent.
Monopoly power is an extreme amount of market power.
A unilateral mistake occurs when only one contracting party is mistaken about a
material fact.
A merger involves the legal combination of two or more corporations, only one of
which continues to exist.
Any breach of contract discharges the breaching party.
Property voluntarily discarded by its owner with no intention of reclaiming it is
abandoned property.
Patent protection begins on the date that a patent is issued.
In most instances, an agency is not required to obtain a search warrant before a physical
search for evidence is conducted.
If a buyer breaches a contract while the seller is still in possession of the goods, the
seller can resell the goods and hold the buyer liable for any loss.
Under federal law, only key employees who take temporary family or medical leave are
entitled to job reinstatement.
Disparagement of property is another term for slander of quality.
An expression of opinion by a seller will not usually create a warranty.
Employees who deal with third parties are agents of their employers.
Debt collectors who use a prohibited debt-collection tactic are exempt from liability if
they can show that the debtor used misrepresentation in assuming the debt.
Criminal liability depends on the performance of a prohibited act.
