When it comes to the constitution, stability is more important than flexibility.
Administrative agencies never allow members of the industry that is to be regulated to
participate in rule-making deliberations.
A tenancy by sufferance describes a tenancy that can be terminated at any time upon
proper notice.
A common barrier to the free movement of goods across borders is the tariff barrier.
The Jarvis family owned its land for more than 150 years. The Jarvis family
traditionally farmed the land and for that purpose maintained farm animals. As years
passed, most of the surrounding farms were sold by the owners and the area turned out
to be a close-in suburb of a major city. A zoning ordinance was passed that prohibited
maintaining a barn or farmyard animals on the land. The Jarvis family was advised that
they were unaffected by this ordinance because theirs would be considered a
nonconforming use. The members of the Jarvis family lost interest in farming and sold
off all their animals. Seven (7) years later, a family member desired to raise a few pigs
on the property. Angry neighbors asserted that the family has lost the right to do so.
What is your opinion?
A buyer may reject the goods or revoke the acceptance for any defects in the goods.
Moral relativists believe that ethical decisions will differ based on circumstances.
Personal property includes all things of value including real estate.
Factual incapacity is imposed because of the class or group to which a person belongs.
A professor knew a colleague who was quite ill. The professor applied for life insurance
on the colleague’s life and named himself as beneficiary. Because of a similarity in the
names of the professor and the colleague, an error was made and the policy was issued.
The professor also sold his car to a student. When the student drove away, it was clear
that the student was an extremely reckless driver. The professor decided not to cancel
his property insurance policy that he had maintained on the vehicle that he sold to the
student. Shortly thereafter, the colleague died and the student demolished the car. The
professor applied for insurance benefits under both policies and each of the insurers
resisted payment. Decide both cases.
Consumer protection even protects a consumer from the consumer’s own negligence.
Pursuant to the commerce clause, the United States Supreme Court has the power “to
regulate commerce with foreign nations, and among the several states, and with the
Indian tribes.”
Stock that is reacquired by the corporation that issued it is commonly called
“boomerang” stock.
Title to goods can be transferred without the actual delivery of the goods involved.
Parol evidence is not admissible to show fraud, duress or mistake.
A surety is never discharged if the creditor substitutes a different debtor.
A homeowner who supplies the specifications for poured cement walls can hold a
contractor liable for damages when the walls that are poured in exact compliance with
those specifications prove defective.
The SEC requires that annual shareholder reports be submitted to shareholders in any
proxy solicitation on behalf of management.