Examlex
Personal property is lost when an owner does not know where it is located but intends to find it.
Apparent Agency
A situation in which a principal creates a reasonable impression that an agent has authority to act on their behalf.
Implied Authority
Power granted by custom or implied by the conduct of a role, allowing an agent to perform acts that are reasonably necessary to accomplish tasks.
Right of Reimbursement
The legal right to be repaid or compensated for expenses, losses, or liabilities incurred on behalf of another party or as a result of another's actions.
Preponderance of the Evidence
A standard of proof in civil cases, requiring that a party's evidence is more convincing than the opponent's evidence to win the case.
Q1: In the case of a breach of
Q12: All of the following are types of
Q14: At common law, a minor cannot be
Q16: Negotiation of order paper requires:<br>A)delivery only.<br>B)indorsement only.<br>C)both
Q16: In a benefit-detriment approach, consideration is a
Q37: The subject matter of a contract can
Q40: Transfer or possession and use of bailed
Q44: In some cases, third persons, such as
Q46: A secured transaction is a pledge of
Q48: When a buyer has broken a sales