M 221 Midterm

subject Type Homework Help
subject Pages 3
subject Words 205
subject Authors Arnold J. Goldman, William D. Sigismond

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A partnership can be formed only by the express agreement of the parties.
The Magnuson-Moss Warranty Act requires manufacturers to provide written
warranties.
A creditor has an absolute right ____________________.
Emancipated minors are generally liable for necessaries.
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The prior criminal record of a defendant may affect the punishment imposed for a crime
committed by that person.
Once a party to a lawsuit "wins" the case, the "winning" party will have very little
difficulty in collecting the amount of damages awarded by the jury.
Any breach by a seller entitles the buyer to cancel the contract and sue for damages.
Stockholders may inspect the corporate records at any time and for any purpose.
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Most contracts are made ____________________.
The Sherman Act was enacted to prevent fraud in the sale of securities.

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