It is necessary to the creation of an express warranty that the seller use formal words
such as €warrant€ or €guarantee.€
The rights and duties of warehousers are regulated by the UCC.
All shares must have a par value of at least one dollar per share.
The liability of a buyer for the purchase price of goods is terminated by the fact that the
buyer gave the buyer€s agent the purchase price to remit to the seller.
The term “course of dealing” refers to the language and customs of an industry.
Criminal penalties for corporations are based on a percentage of sales.
Pursuant to the commerce clause, the United States Supreme Court has the power “to
regulate commerce with foreign nations, and among the several states, and with the
Indian tribes.”