BusLawFinalStidyGuide

BusLawFinalStidyGuide - Real property and personal property...

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Real property and personal property are the same thing. Both joint tenancies and tenancies in common feature the right of survivorship. By its nature, a bailment passes title from the bailor to the bailee For property to be the subject of a bailment, the bailor must own the property A common carrier is liable for all delays in the delivery of goods A person who attends a banquet given at a hotel is considered a guest for purposes of determining the liability of the hotelkeeper A contract that has elements of both goods and services is always classified as a contract for the sale of goods When a patient receives a filling at a dentist, there is a sale of goods A contract for the sale of goods is not enforceable unless the contract clearly expresses the price The right to sue for damages sustained from a defective product is reserved exclusively to the buyer of such goods. Plaintiffs suing for damages caused by a defective product are limited to taking action only against the manufacturer(s) of such goods Express warranties may be made before, during, but not after the sale of goods. The theories of product liability are mutually exclusive. A seller's duty to deliver goods requires the seller to transport the goods to the place designated by the buyer. Upon a seller's tender of nonconforming goods, and the buyer's rejection of them, the transaction has ended. The UCC provides the statute of limitations for the sale of goods when suit is brought on a tort theory. When a sales contract is broken by the
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BusLawFinalStidyGuide - Real property and personal property...

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