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Neither the common law nor federal law recognizes an accountant-client privilege.
A reversion is held by a person other than the grantor or his successors.
Substantive unconscionability involves scrutiny by the court for "bargaining
naughtiness."
The Securities Enforcement and Penny Stock Reform Act of 1990 eliminated the power
of the SEC to impose administrative, civil penalties up to $725,000.
An administrative agency's discretion to compel the disclosure of information is subject
to any legal privileges to withhold such information.
A bargain by a candidate for public office to make a certain appointment following the
election is legal.
Where goods are in the possession of a bailee and are to be delivered without being
moved, in most instances the seller may either tender to the buyer a document of title or
obtain an acknowledgment by the bailee of the buyer's right to possess the goods.
If a depositor in First Bank takes a check written on Valley Bank to First Bank to
deposit, it will not normally be credited to his account until collected from the payor
bank.
Under U.S. law, the CISG supersedes the UCC whenever either could apply.
