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Question: What general principles of law govern an


What general principles of law govern an insurance contract?


> Technology Incubation and Entrepreneurship Training Society (TIETS) is an association made up of members of a local community in India. TIETS contracted with Mandana Farhang, a resident of California, to develop and market certain technology. Later, Farh

> Mechanics replaced a brake assembly on the landing gear of a CRJ–700 plane operated by GoJet Airlines, LLC. They installed gear pins to lock the assembly in place during the repair but then failed to remove one of the pins. After takeoff on the plane’s n

> For fifty years, the Soviet Union made and sold Stolichnaya vodka and licensed its trademark for use in the United States. After the Soviet Union collapsed, the state enterprise that had managed the mark was privatized and came under the control of Spiri

> How might a foreign firm violate U.S. antirust law?

> What forms of anticompetitive behavior does the Federal Trade Commission Act prohibit?

> When does price discrimination violate antitrust laws?

> Define monopolization.

> Describe the rule of reason.

> What is a per se violation?

> When can an agency hold a closed meeting?

> Why do businesses use methods of alternative dispute resolution to settle their disputes?

> In applying the arbitrary and capricious standard, what do courts typically consider?

> How are most administrative actions against individuals or organizations resolved?

> What are the most important investigative tools available to an agency?

> What are the three steps to notice-and-comment rulemaking?

> What is the difference between executive and independent agencies?

> What is a constructive trust?

> How does a living trust differ from a testamentary trust?

> What is the difference between the per stirpes and per capita methods of distribution?

> What is the basis for a landlord-tenant relationship?

> What is the definition of codicil?

> Before a trial begins, how can the parties obtain information and collect evidence about the case?

> What is a personal representative?

> For a claim of adverse possession to succeed, what four elements must be satisfied?

> On an assignment of a lease, who is obligated to pay the rent?

> What does the warranty of habitability require a landlord to do?

> When a tenant wrongfully retains possession of property, what is the landlord entitled to?

> What distinguishes a fixed-term tenancy from a periodic tenancy?

> When real property is sold, how is title to the property conveyed?

> Which interests in land do not include any rights to possess the property?

> Which rights, privileges, and powers are held by an owner in fee simple?

> What is a fixture?

> Before a party can bring a lawsuit, what must he or she have?

> What are subsurface rights?

> What is the idea behind equitable redemption?

> What is the difference between a judicial foreclosure and a power of sale foreclosure?

> How can a bailor overcome a limit that a warehouse company places on its liability?

> On what does the degree of reasonable care required in a bailment situation depend?

> By what means can a bailee enforce his or her right to compensation?

> How can a bailment occur if the bailor does not voluntarily deliver the property to the bailee?

> Which type of property does a bailment involve?

> What is an estray statute?

> Who can claim title to lost property against the whole world, except the true owner?

> When do both federal and state courts have the power to hear a case?

> Who owns property after an accession?

> How can a gift be delivered when physical delivery is impossible?

> What types of owners share ownership rights simultaneously in particular property?

> If an insurance company does not act in good faith, what can the insured do?

> What does an incontestability clause provide?

> How is insurance classified?

> When a broker deals with an applicant for insurance, the broker acts as an agent for whom?

> What is the primary effect of a discharge in bankruptcy?

> Who can be a debtor in a Chapter 7 proceeding?

> What is the principal difference between trial and appellate courts?

> Contrast international and national law.

> Why might a bankruptcy petition be dismissed?

> Where are bankruptcy proceedings held?

> What is an automatic stay?

> Why do lenders and borrowers often try to avoid foreclosure?

> When does a lender have the right to foreclose on mortgaged property?

> What important provisions should mortgage documents contain?

> What is the possible consequence to a lender of failing to record a mortgage?

> How does mortgage insurance protect a lender?

> What does a receiver do?

> What is a co-surety?

> Over what must a court have jurisdiction before it can hear a case?

> What is garnishment?

> What are a secured party’s basic remedies on a debtor’s default?

> In terms of a security agreement, what constitutes default?

> What is the floating lien concept?

> Discuss the scope of a security interest.

> When a corporation is dissolved, what are its creditors entitled to?

> What is a corporate takeover?

> Who must authorize corporate actions on extraordinary matters?

> When is a shareholder’s appraisal right available?

> What is a share exchange?

> What is the concept of corporate social responsibility?

> What is the difference between a merger and a consolidation?

> Whom can a debt-collection agency legitimately contact in an attempt to collect a debt?

> What are some fiduciary duties of directors and officers?

> What is the role of corporate officers?

> Why does a director have a right of inspection?

> Can a board delegate its responsibilities?

> How many directors constitute a quorum?

> How can a director be removed from his or her position?

> What is the principal advantage of a limited liability company?

> How does federal law protect investors in securities?

> What are the two fundamental approaches by which ethical business reasoning has traditionally been characterized?

> What does a business usually exchange for venture capital?

> What are securities?

> What are the consequences if the procedures for incorporation are not followed precisely?

> Why is a sole proprietorship the simplest form of business?

> How does a limited liability partnership differ from a limited partnership?

> What is the difference between a general partnership and a limited partnership?

> What are the effects of a partner’s dissociation from a partnership?

> What are some of the partnership rights of partners?

> What process is at the heart of the federal labor laws?

> To prevail on a disability claim, what must a plaintiff show?

> How should business decision makers proceed when the legality of a particular action is not clear?

> Under the ADA, what is a disability?

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