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6 Cards in this Set
- Front
- Back
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Gambling contracts are ______ unless specifically authorized by _____ _______.
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illegal, state statute
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Taking out a life insurance policy on the life of another is ______ unless you have an ________ _______ in the life. (i.e., key man insurance)
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illegal, insurable interest
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any contract made by an unlicensed worker is ________
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unforceable
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(Restraint of Trade)
Covenants not to compete: |
enforceable, but disfavored
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Covenants not to compete is limited in terms of:
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1. Time
2. Geography 3. subject matter covered |
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Exculpatory Clauses:
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1. Cannot exclude intentional torts and gross negligence; or
2. Cannot exculde professional liability 3. Exception - bailments |
