1. A corporation must be dissolved if over 50% of the shareholders die.
2. Corporations have only those powers that states grant them.
3. Corporations have implied powers.
4. Closely held corporations gener
1. Consideration is optional in every contract.
2. In a bilateral contract, the consideration for a promise is a completed act.
3. An exception to the rule requiring consideration is promissory estoppel.
1. The laws of intellectual property protect property that is primarily the result of mental
creativity rather than physical effort.
2. Network Solutions, Inc. is funded by the National Science Foundation and is
1. Before a partnership may be terminated, the partnership must experience the
winding-up stage, but not the dissolution stage.
2. If a partner dissolves a partnership in violation of the partnership agreement, the
partner can b
1. If a violation of federal securities laws is serious enough to merit criminal prosecution,
the Fraud Section of the Securities and Exchange Commission prosecutes the action.
2. Banks themselves oversee the issuance of shares
1. The U.S. Constitution establishes a system of government based on the principle of
2. Congress has the power to enact legislation, but the president can veto a law that
3. The U.S. Const
1. Today, consolidations are very rare.
2. The boards of directors of all involved corporations must approve a merger or
3. Consolidation does not require shareholder approval.
4. In som
1. Under ordinary circumstances, a party's duty to perform the promise agreed to in a
contract is absolute.
2. Contractual conditions may be expressly inserted into the contract by the parties but
may not be implied by law.
1. Conforming goods are goods that conform to UCC specifications.
2. Under the UCC when a buyer alleges that goods failed to conform to contract
specifications, the buyer does not automatically have the right to reject the goods
1. Pollution has not always been seen as a problem in the U.S.
2. A nuisance arises when one person uses his or her property in a manner that
unreasonably interferes with another's use and enjoyment of his or her land.
1. There is no legally required wording to be used or forms to be filled out for
assignments to be valid.
2. Most countries do not grant third-party rights to contracts.
3. Assignment of personal duties is generally p
1. Federal law is the primary law governing wills.
2. A will is a legal document that outlines how a person wants his or her property
distributed on death.
3. State laws vary regarding the amount a surviving spouse in
1. A sole proprietor is considered a separate legal entity.
2. A limited partnership is one in which the partners share management responsibilities
equally but some partners are limited in regards to the amount of profit distrib
1. There is federal U.S. legislation titled "Statute of Frauds".
2. Contracts related to an interest in land fall within the statute of frauds.
3. Under the pure dignity rule, contracts that would normally fall under
1. The Fair Labor Standards Act covers employers engaged in intrastate commerce or the
production of goods for interstate commerce.
2. Leave provided under the Family and Medical Leave Act must be paid leave.
1. According to the UCC, a check is a special kind of draft.
2. Money orders are considered checks under the UCC.
3. Banks are required by the UCC to certify the check if a customer has sufficient funds in
1. The primary purpose of criminal law is to compensate a victim.
2. Commission of the offense of grand larceny involves the theft of larger items as
opposed to smaller items that can be hidden, for example, in a purse.
1. Insurance is defined as a contract in which the insured party makes payments to the
insurer in exchange for the insurer's promise to make payment or transfer goods to
another party in the event of injury or destruction to the insured pa
1. A mistake of fact is an erroneous belief about the facts of the contract at the time the
contract is concluded.
2. Mistakes in contract law result from untrue statements made by one party to the
3. For fr
1. The concept of employment-at-will excludes the concept that an employee may quit at
2. State laws may give employees less, but not more, protection than federal law.
3. It is usually more difficult to prov
1. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 included only
minor changes to bankruptcy law.
2. Before a debtor files for one specific type of relief, the clerk of courts must give the
debtor written not
1. Real property is commonly referred to as "realty."
2. Subleasing of leased property by the tenant to another party is permissible unless
specifically prohibited by the lease.
3. A license is a right to use another'
1. Different agendas between officers and shareholders can lead to conflict within a
2. Each director has one vote.
3. The Revised Model Business Corporation Act forbids directors' meetings being held via
1. Ownership of property is referred to as "title."
2. A promise to make a gift is generally enforceable.
3. A person who finds abandoned property becomes its owner.
4. Lost property legally has the same st
The UAE Legal System
The UAE Political Framework
The Structure of the UAE Federal Authority
A- Federal Legislative Power
B- Federal Judicial Power
C- Federal Executive Power
The Origins and Sources of the UAE Laws
The UAE Po
How to answer legal questions
A study of the law will teach you to think in a particular way that is, analytically.
You will develop an ability to analyze a problem, to see both sides of every argument
and to argue in a logical manner. The law sometimes s
Variables and Hypotheses
Chapter 2 Part 1
Explain what is meant by the term variable
and how a variable differs from a constant
Distinguish between a quantitative and a
Explain how independent and dependent
Ethics and Research
Examples of Unetchical Practice
Examples of Unetchical Practice
asks first-graders sensitive questions without
obtaining the consent of their parents to question
deletes data he collects that do not support his