Corporate law

The Principles may be compared with the American Restatement of the Law of Contract, which consists of non-binding rules, or ".....".

The common law of agency is the body of law applicable to ..... relationships in which one person (the agent) consents to act on behalf of another person (the principal) and subject to that person's control.

Agency is a common-law subject of wide ..... that intersects with a number of other subjects.

The regular appearance of corporate scandals in newspapers-Enron in particular-has emphasized that agency law continues to be ..... in business and employment relationships.

Promises that are purely ..... are not considered enforceable because the personal satisfaction the grantor of the promise may receive from the act is normally not considered adequate consideration.

The Law of Contracts is usually broadly classified either as part of the Law of Obligations or as part of the system of private law (which ..... contracts, property and torts).

Failure to make payments results in the ..... of the mortgage.

Torts are civil wrongs recognized by law as ..... for a lawsuit.

These wrongs result in harm constituting the basis for a claim by the ..... party.

The sales company was ..... for illegally hiring underage workers.