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A person who negligently places another person in imminent danger is not liable for
injury sustained by a third-party rescuer.
Revocation of acceptance requires notice to the seller, whereas rejection does not.
Ready Equipment, Inc. authorized and specified in its charter 5,000 shares of stock to
be issued. If it later needs to issue stock in excess of 5,000 shares, the charter will have
to be amended.
The Magnuson-Moss Warranty Act applies only to the sale of consumer goods.
The State of Hawaii enacts a piece of legislation that taxes all airplanes that land in the
state. Several airlines challenge the legislation as unconstitutional. What is the likely
result of the court case? Explain.
All tying arrangements are per se illegal.
Define and discuss the doctrine of 'sovereign immunity." Discuss how the Foreign
Sovereign Immunities Act of 1976 has codified this area of law. Give examples of how
the Act works.
The "Good Housekeeping Seal of Approval" is an example of a service mark.
Is the negotiation of an instrument ever valid even though the transaction in which it
occurs is voidable or even void? Explain.
