Examlex
Any modification of a sales contract must be supported by some form of consideration.
Redress
The act of correcting a wrong or giving compensation for a harm done.
State of Incorporation
The specific state within the United States in which a company is legally registered to do business.
Statutory Close Corporation Supplement
A legal provision allowing a closely held corporation to operate with less formal procedures than are required of other corporations.
Fewer than 100 Shareholders
A characteristic of some business entities, like S-corporations, which limits the number of shareholders to maintain eligibility for certain tax benefits.
Q12: Although a drawer has stopped payment on
Q19: The person who turns over the possession
Q21: Which of the following agreements represent(s) an
Q25: If a seller elects to resell the
Q30: If the costs of performing a contract
Q32: A surety may be discharged if the
Q37: The parties may agree that the adequacy
Q38: When a negotiable instrument is assigned, the
Q40: Janet Durham orally agreed to purchase certain
Q48: An oral agreement to supply a line