LWP 236 Midterm 2

subject Type Homework Help
subject Pages 4
subject Words 432
subject Authors Barry S. Roberts, Richard A. Mann

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Presentment is excused where the acceptor is undergoing bankruptcy.
The statute of frauds has to do with fraud in the inducement of a contract.
An implied warranty exists by operation of law.
What is a "merchant?" Identify the subject matter of four provisions in Article 2 that
apply to merchants, but not to others.
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Discuss the concept of fair use in relation to copyright law.
A warranty deed by Jeff to Paula includes Jeff's promise that he will be liable to Paula
for any defects in title.
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If Sharpe Finance Co. has a secured interest in Jeff's car and Jeff is in default, in most
states, Sharpe may take the car from in front of Jeff's house without getting a court
order.
The withdrawal of a partner in a partnership at will may be either a rightful or wrongful
dissociation.
Payment of a C.O.D. shipment constitutes an acceptance of the goods.
"Pay to the order of Jose Dejesus" is a special indorsement.

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