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The equitable doctrine that permits enforcement of an oral contract that is required to be in writing, when one party relied upon the promise of the other to his or her detriment, is known as

The holder of a negotiable instrument taken for value, in good faith and with not apparent evidence of forgery or alteration is a

The number of shares of stock that are in shareholders hands and have the right to vote are:

An agent’s duty of notification can best be described as a duty to:

Dan, Fran, and Stan want to establish and operate a mountain bike sales and rental shop. Dan will be the only one who is actively involved in the management of the business, while Fran and Stan are investing most of the money. The three of them do not want to form a corporation, but want to use a form of business, if possible, that will give limited liability to each of them. Which of the following is true?

Preferred stockholders are given certain preferences and rights over common stockholders, such as guaranteed dividends and the right to cumulate any unpaid dividends.

If Tom attacks Catherine, his ex-girlfriend, in a jealous rage when she comes into the principal’s store where Tom works, the principal is liable for the intentional tort committed by Tom under the motivational test.

What is the result if these friends take no action to incorporate, but Kate uses the additional capital made available by her friends to expand the business and then the four of them share the profits? Will all four be personally liable for the debts and obligations of the business?

An offer that an acquirer makes directly to a target corporation’s shareholders, in an effort to acquire the target corporation, is known as

When a general partner is self dealing, usurping a business opportunity or competing with the partnership, he/she is in breach of which duty owed to the other partners?