What Every Executive Better Know About the Law Review

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What Every Executive Better Know About the Law ReviewContract law is the primary topic of this highly informative book. Several doctrines of law are explained, such as reliance, piercing the corporate veil, apparent agency, frustration of purpose, and implied warranties. The author also explains the use of confirming letters and merger clauses. The book includes 23-page glossary of legal terms.
When a transaction is completed through the exchange of preprinted forms with contradictory terms and conditions, which terms govern a dispute? It turns out the offer prevails, although it might not be obvious whether the buyer or the seller made the offer.
The author cautions that awareness of legal concepts is especially important in "borderline deals." Most transactions are too insignificant to worry about. High-stakes deals are likely to be handled with the advice of counsel. "Borderline deals fall into no-man's land--important enough to be legally worrisome, but not big enough or complicated enough to warrant the delay and expense you incur when the lawyers take over."
What Every Executive Better Know About the Law Overview

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