A patent applicant must demonstrate that the invention, discovery, or design is
commercially practicable to receive a patent.
Before a discharge is granted, a debtor can transfer property or make a payment in
preference to one creditor over another.
National Drilling Company ships its only pump to American Hydraulics Corporation,
the manufacturer, for repair. National hires Overland Transport, Inc., to take the pump
to American Hydraulics and to return it to National as soon as the repair is complete.
National is forced to suspend operations without a pump, but Overland does not know
this. National expects to be without the pump for five days and to lose profits of $5,000.
When the pump is not returned by the end of the fifth day, National rents a pump at a
cost of $100 per day. Overland delays five more days before returning the pump.
National files a suit against Overland, asking for compensatory, consequential, and
punitive damages. Will National recover?
Most franchise agreements provide that termination must be “for cause.
A bribe must consist of money to be a crime.
A court cannot exercise jurisdiction over an out-of-state defendant who has only done
business in the state over the Internet.
Under a letter of credit, the issuer is bound to pay the beneficiary after the beneficiary
complies with the terms of the letter.
Stopping crime requires only that it be prohibited.
A person acquires title to fungible goods by mixing them.
An unauthorized signature binds the person whose name is forged.
A buyer in the ordinary course of business has priority over any security interest created
by the seller.
Any crime that requires knowledge of computer technology for its investigation is a
computer crime.
Tortfeasor is the term for a person who commits a tort.
Express warranties displace all inconsistent implied warranties.
In most bailments, the bailor must notify the bailee of hidden defects that the bailor
knows or could have discovered with reasonable diligence.
At a criminal trial, the burden of proof is on an accused person to prove his or her
innocence.
A failure to return personal property is conversion even if the rightful owner consented
to the initial taking.
Strict liability applies to the suppliers of component parts.