A general partnership is formed without any formality and no documents need be filed
with the state.
A totten trust is revocable by the creator.
Article 9 of the UCC governs financing transactions involving security interests in real
property.
Delivery of a deed may be made by giving it to a third party to hold until the grantee
performs certain conditions.
Determining the names of other shareholders in order to communicate with them about
corporate affairs is a “proper purpose” for a shareholder to inspect the books and
records of a corporation.
According to the U.S. Supreme Court, the ‘necessary and proper’ clause gives Congress
the authority to legislate in areas not mentioned in the list of enumerated powers if the
legislation reasonably relates to an enumerated power.