White-collar crimes generally involve violence.
One of the concerns reflected in Sarbanes-Oxley was that auditors were not exercising
sufficient discretion and independence in conducting audits of their clients.
No writing is required for a service contract that can be performed within one year after
the date of the agreement.
In most states the usury laws apply to loans made to both individuals and corporations.
Gerwin’s daughter Mary was seeking a position as an associate attorney with Baker,
Charles & Dixon, a large metropolitan law firm. The firm, after several meetings with
Mary over a two-month period, made Mary an offer of employment on January 15.
Mary accepted the offer that day and immediately left for Cape Cod to celebrate
without telling Gerwin or anyone else about her new job.
On January 17, two days after Mary had accepted the offer, Gerwin sent Baker, Charles
& Dixon a letter in which she offered to give Baker all of her legal business
(approximately $40,000 per year) if the law firm would hire Mary. The law firm
accepted.
After Gerwin learned that Mary already had been hired by Baker, Charles & Dixon,
Gerwin refused to transfer her business to the law firm. The law firm has brought suit
against Gerwin on the grounds that a valid contract exists between them. How will the
case be decided?
If the principal is not disclosed, the agent is necessarily the other contracting party and
is bound by the contract.
The typical U.S. copyright now runs for 28 years, with a right of renewal for an
additional 28 years.
Depositions are usually taken in the courtroom.
In every contract there exists an expressed covenant of good faith and fair dealing.
The courts have traditionally viewed it as their responsibility to sit in judgment on the
wisdom of decisions made by corporate directors.
Provisions in contracts may actually prevent future lawsuits from occurring.
A court will not reverse an agency’s decision merely because the court would have
made a different decision based on the same facts.
Civil laws define wrongs against society.
Generally, the EEOC attempts to remedy an unlawful practice through conciliation.
The amount of credit specified in a letter of credit must be taken by the beneficiary in
the form of a lump-sum payment.