CONTENTS

BUSINESS LAW.

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INTRODUCTION-

What is Law-Sources of Law-Classification of Law-The Common

Law-Courts of Equity-Function of Equity-Difference Between

Legal and Equitable Rights.

I. CONTRACTS-

Classification of Contracts-Offer and Acceptance-Consideration-

Contracts Under Seal: Parties-Statute of Frauds-Joint and Several

Contracts Rights and Liabilities of Third Persons-Interpretation

and Construction of Contracts-Discharge of Contracts-Illegality-

Impossibility-Mistake.

II. AGENCY-

Agent and Servant: Definitions-Competency of the Parties-Forma-

tion of the Relation-Form of Appointment-Obligation to Protect-

Exception to Obligation to Protect: Fellow Servant Rule-Obligations

of Agent to Principal-Principal's Responsibility for Torts of Agent
-Principal's Responsibility for Crimes of Agent-Principal's Responsi
bility for Contracts made on his Behalf by Agent-Principal's Responsi-
bility for Statement and Knowledge of Agent-Principal's Rights
against Third Parties-Agent's Liability to Third Party.

III. TORTS-

Definitions-Trespass upon Real Property-Trespass upon Personal

Property-Mistake Self-Defense-Defense of Property-Recovery of

Property-Arrest without Warrant-Deceit-Negligence-Defamation

-Interference with Business Relations: Inducing or Aiding Breaches

of Legal Duty; Influencing Third Persons who Owe no Legal Duty;
Persuasion and Economic Pressure; Competition; Motive; Combination.

IV. PERSONAL PROPERTY AND BAILMENTS—

Nature of Property Rights-Classification of Personal Property-

Remedies for Infringement of Rights in Personal Property-Title to

Personal Property by Occupancy and by Accession-Title by Confusion

-Transfer of Title to Personal Property-Title by Gift of Chattel—

Common Law Liens-Pledge.

V. SALES OF PERSONAL PROPERTY-

Formation of the Contract-Formalities of the Contract-Subject Mat-

ter of Contract-Conditions and Warranties-Transfer of Title: as

between Seller and Buyer; as against Third Parties-Performance of

the Contract-Rights of Unpaid Seller against the Goods-Actions for

Breach of the Contract.

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VI. CHATTEL MORTGAGES-

Chattel Mortgage Distinguished from Sale with Right to Repurchase

-Chattel Mortgage Distinguished from Pledge-Form of Chattel Mort-
gage Property Subject to Chattel Mortgage: Fixtures-Chattel Mort-
gage of Future Property-Formalities required as against Innocent
Purchasers of Mortgaged Property-Mortgagor's Right to Sell or
Transfer Mortgaged Property-Assignment of Mortgage by Mortgagee
-Foreclosure of Chattel Mortgage under Power of Sale.

VII. TITLE TO REAL ESTATE-

Form of Conveyance and Description of Property-Estates and Inter-

ests Created-Creation of Easements-Drafting a Will-Covenants for

Title Execution of Deeds-Registration of Title-Registration under

Torrens System-Transfer or Acquisition of Title without Consent

of Owner-Acquisition by Extinction of Owner's Title-Original Ac-

quisition-Accretions.

VIII. REAL ESTATE MORTGAGES-

Nature and Essential Elements-Form of Mortgage-Rights and

Liabilities Incident to Mortgage Relation-Transfer of Mortgaged

Property Transfer of Debt or Mortgage Payment, Redemption and

Discharge Mortgage Foreclosures.

IX. LANDLORD AND TENANT-

Landlord and Tenant Distinguished-Agent, Servant or Tenant-

Necessity of Writing-Dangerous Premises Lessor's Liability for

Repairs and Improvements-Liability of Landlord for Repairs and

Improvements made by Tenant-Liability of Tenant to Make Repairs

and Improvements-Receipts for Rent, Application of Payments and

Mistakes-Distress-Lessor's Lien for Rent-Attachment for Rent-

Fixtures.

X. TRUSTS AND TRUSTEES-

Origin and Nature of Trusts-Rights against Innocent Purchaser for

Value Constructive Notice-Duties of Trustees: To Carry out Pro-

visions of Trust; On Acceptance of Trust; To Exercise Reasonable

Care; In Making Investments-Trustee Should not Mingle Trust Funds

with Personal Funds-Trustee must not make a Profit out of Trust

Business-Liability of Trustee for Default of Co-Trustees.

XI. NEGOTIABLE INSTRUMENTS—

Negotiability-Formal Requisites of Negotiable Instruments-Inception

of Instrument as an Obligation-Acceptance of Bills-Negotiation-

Rights of Holder in Due Course-Obligations of Parties and Trans-

ferrors Presentment and Proceedings on Dishonor-Checks-Discharge

of Instrument.

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XII. GUARANTY AND SURETYSHIP—

Parties to Suretyship Agreements Statute of Frauds-Common Forms

of Suretyship--Consideration-Creditor not Bound to Press his Claim

against Principal Debtor-Discharge of Surety by Affirmative Act of

Creditor-Extending Time of Payment-When Suretyship Relation is

created by Agreement among Obligors-Creditor Taking Forged or

Illegal Note-Surrender of Securities by Creditor.

XIII. PARTNERSHIP-

Nature of a Partnership-Creation of a Partnership-Rights and Liabil-

ities of Partners among Themselves-Rights and Liabilities of Partners

as to Third Persons-Termination of Partnership-Limited Partner-

ships Joint Stock Companies.

XIV. PRIVATE CORPORATIONS—

General Nature of a Corporation-Syndicates-Creation of Corporations

-Powers and Liabilities-The Corporation and Its Officers-Form of

Proxy-Transfer of Shares-Registration of Transfer-Transfer upon

Forged Power of Attorney-Effect of Transfer-Rights of Creditors.

XV. INSURANCE-

Nature of Insurance-Kinds of Policies-Meaning of Terms Used-

Who May be an Insurer-Insurable Interest-Life Insurance: Legal

Obligation between Parties; Relation of Blood or Marriage-Fire Insur-

ance: Assignees; Representations, Concealment, and Warranties-Life

Insurance.

XVI. TRADE-MARKS-

Definition-Origin-Nature-How Exclusive Right to Trade-Mark is

Acquired-What Marks May be Acquired-Who May Register-What

Marks May be Registered-Proceedings in Patent Office-Term-Can-

cellation-Assignment of Trace-Marks-Notice to Public-Infringe-

ment-Importations.

XVII. BANKRUPTCY-

Constitutional Provision-State vs. Federal Bankruptcy Laws-Who

May be Bankrupt-Acts of Bankruptcy-Fraudulent Conveyance-

Conveyances in Consideration of Support of Grantor-Conveyance upon

Secret Trust-Preferment of Creditors-Voluntary Conveyances

Assignments with Preferences-Discharge.

QUIZ QUESTIONS

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