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Picking pockets is larceny.
Private parties cannot sue violators of Section 10(b) and Rule 10b-5.
An accountant is not liable for a misstatement to a purchaser of securities who knew of
the misstatement but invested anyway.
An installment contract is breached if a buyer accepts any nonconforming goods.
An incidental beneficiary can sue directly to enforce a promisor's promise.
A copy does not need to be exactly the same as the original to infringe a copyright.
The act of state doctrine provides that the executive branch of one country will not
examine the validity of public acts committed by a recognized foreign government
within its own territory.
Hiring corporate officers and determining their compensation are decisions that would
be made by a corporation's board of directors.
An alien corporation is a corporation formed in another country.
If a creditor surrenders collateral to the debtor without the consent of the guarantor, this
can reduce the obligation of the guarantor.
Merchants must issue a refund within a specified period of time when a consumer
cancels an order.
A customer must examine a bank statement and report any discovered forged signature
to recover from the bank for the forgery.
Under the doctrine of respondeat superior, an agent is liable for the principal's
negligence.
Laws and government regulations affect almost all business activities.
A divestiture is an order to a company to cease, or divest itself of, its anticompetitive
conduct.
