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Posts Tagged ‘Study Aids’

Contract Law Case Chart

Case Facts Holding
O’Callaghan v. Waller & Beckwith Realty Co. (IL SC 1958) P injured by LL’s negligence under a lease which exculpated the LL from liability for negligence. A lease clause exculpating a LL from liability for his own

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Trusts Law Checklist

Trusts

Duties of the Trustee

  1. Duty of Careàthat of a reasonably prudent person managing their own property
  2. Duty of Loyaltyà
  • Can sell or buy trust assets
  • Cant sell from one trust to another
  • Cant borrow funds from trust
  • Cannot us

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Wills Checklist

WILLS
Execution 1.  signed by testator

2.  2 attesting witnesses

3.  Each W must sign in T’s presence

  • UPC and majority rule is the conscious presence test (doesn’t have to actually see W)
  • IL follows line of sight test:  doesn’t

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Corporations Law School Exam Checklist

Corporations:
-Formation

–Promoters

–Subscribers

  1. P:  Remain liable unless BOD resolution, implied acceptance through knowledge of K and acceptance, novation
  2. S:  written offers to buy stock irrevocable for 6 months
De Jure Corp

(A PAIN)

  1. Authorized shares
  2. Purpose:  general presumed; specific

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