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When a corporation issues new stock, current stockholders may purchase additional
shares before these shares are offered to the public.
English common law is the basis for much of the law in Europe today.
A denial of credit based solely on the age of the borrower is always illegal.
Common law had its beginnings in ____________________.
When one party breaches a sales contract, the UCC places the risk of loss on the party
responsible for the breach.
A minor can act as either a principal or an agent.
The UCC allows a contract to be formed as long as the parties intended to contract even
even in cases in which essential terms such as price, quantity, and terms of payment are
missing.
When a contract ends, the rights and duties that existed under the contract also end.
