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Disaffirmance may be express, but it may not be implied.
The 1933 Act imposes only civil, not criminal, sanctions for violation of its provisions.
In most statutes granting an accountant-client privilege, it belongs to the client and not
to the accountant.
Steve sold his canoe to his neighbor Rhonda for $300. Steve then tells Rhonda, "I'll put
the canoe in my driveway and you can pick it up any time tomorrow." Steve retains risk
of loss until Rhonda picks up the canoe.
Stuart promises to act as a guide and fishing instructor on a trip for a group of visiting
dignitaries. The dignitaries agree to pay him $200 for his services. Stu completes his
duties, but when they discover that Stu does not have a fishing license, they refuse to
pay him. The agreement between Stu and the dignitaries is an illegal one, which is not
enforceable.
Under the Code, damages have to be "calculable with mathematical precision."
Under Alternative A of the Code's horizontal privity provision, a corporation may bring
a case against the manufacturer of a defective product for breach of the warranty of
merchantability.
Robbery is a larceny accompanied by force.
The defendant must testify in a criminal proceeding.
The Fair Labor Standards Act regulates employment of child labor inside agricultural
settings.
At common law, a minor was a person who was under twenty-one years of age.
A conditional guarantor of collection differs from an absolute surety in that the surety is
bound with the principal debtor as a primary obligor.
A person is never entitled to enforce an instrument if that person is not the owner of the
instrument or if that person is in wrongful possession of the instrument.
An express warranty does not require that the warranty be expressed in written words.
Three torts comprise the misuse of legal procedure: malicious prosecution, wrongful
criminal proceedings, and verbal abuse.
