A controlling shareholder is not personally liable for a company’s city tax debt accumulated before the purchase of the shares
A parental order may not be granted in a way that a minor will have more than two parents
An agreement signed on behalf of a company without authority may still obligate the company if it acted upon it
A travel agency is required to provide full written information on a vacation package it sells
Failure of client to furnish the bank with required documents may lead to closing of the account
A material part of a franchise agreement is added value of the chain to the franchisee and in lack of which the agreement may be terminated
A person aware of a counterfeit but turns a blind eye risks committing copyright infringement himself
Signing a document on behalf of a corporation while deviating from permission will usually bind the corporation
When the language of an agreement is unclear one may use the preceding term sheet for interpretation
A long-term agreement between an artist and a producer will be construed pursuant to the behavior of the parties over the years
A creditor is not obligated to inform a guaranteeing corporation of failure to fulfill an underlying obligation
Transfer of shares carried out in breach of the company’s bylaws is invalid
A purchaser of land that turns the blind eye and does not make checks before the transaction may lose its rights
Using distress of a party to an agreement in order to achieve an unfair advantage is grounds for rescission of the contract
A real estate partnership agreement between co-owners of land cannot limit transferability for over five years
Without an agreement otherwise later shareholders loan do not have priority over earlier ones
An employer who failed to furnish an employee with a notice of employment terms may be obligated to a higher salary
A member of a non-profit association that does not participate in its activities is not deemed to have retired from it
An apartment purchaser is entitled to compensation for late delivery even if requested to make changes to the apartment
Terminating a contract without a time limit which is based on personal trust does not entitle compensation
A deceased’s frozen sperm may not be used unless he expressed his wishes that so be done
An agreement that requires the purchase of services from only one vendor is void as a restrictive trade arrangement
When clicking on agreement to an online contract is a pre-condition for service it is deemed a uniform contract
An association the replaces another in its activities is not automatically liable for its debts