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Nnamescorporate, 610fictitious business, 584in marriage, 687Napster, 372Nasdaq Stock Market, 614National Foundation for ConsumerCredit, 496National Information Infrastructure Actof 1996, 71National Labor Relations Act of 1935,442–443Native Title Act of 1993 (Australia), 717negative option rule, 321–322neglected juveniles, 31–32negligence, 88–92corporate, 633–634gross, 370on the job, 462ordinary, 371slight, 371in vicarious liability, 400–401in writing checks, 524–525negotiable instruments, 504–519collecting, 558–579defenses to, 563–567drafts as, 508–510. See also checkslack of delivery of, 563notes as, 506–508payment of, 563purpose of, 506requirements of, 511–515transferring, 540–557negotiation, 114, 245of bearer paper, 544defined, 542of order paper, 543–544win-win, 561negotiated rule making, 36Netherlands, The, 764New York Alcoholic Beverage ControlLaw, 149New York Stock Exchange, 614900-telephone number rules, 324no-fault divorce, 694–695no-fault insurance, 355nominal damages, 252non-compete promises, 197noncumulative preferred stock, 614noncupative wills, 779nondisclosure, 129nonmerchants, 117nonperformance, 231nonprescription drugs, 329nonprofit corporations, 607–608,617, 619nonstock corporations, 607–608nonsupport, 699NorthPoint Communications, 650notes, 506–508notice of dishonor, 571notificationof defects, 348of partnership dissolutions, 597by publication, 427to third parties, 426–427of warranties, 308–309novation, 248Nuclear Regulatory Commission (NRC),651–652nuisance, 83Oobedience, 417obstruction of justice, 198occupancy, continued, 714occupational qualifications, bonafide, 468ocean marine insurance, 765odometer protection, 349–350offer, 114–121acceptance of, 116–119, 270defined, 109firm, 176requirements of, 114–116tender, 656termination of, 119–121officers, corporate, 627, 633–638off-track betting, 190Older Workers’ Benefits Protection Plan(OWBPA), 466, 470open-end credit, 484opening statements in trials, 40open-price terms, 271operation of law, 233–235, 405–407,424–428opinions and ethics, 6–7“oppressive child labor,” 445options, 176, 718oral contracts, 112oral wills, 779order, unconditional, 513order paper, negotiation of, 543–544ordinary negligence, 371original jurisdiction, 28originals, duplicate, 216output and requirement terms, 271–272outstanding checks, 523overbooked airlines, 379overdraft protection, 527ownership, 343, 740–742Ppackaging, tamper-proof, 330parole officer, 565parol evidence rule, 215partially disclosed principal, 420–422partnerships, 588–599dissolving, 597–598forming, 588–591limited liability, 598–599limited liability corporations vs.,616, 639partners’ duties in, 594–596partners’ liabilities in, 596–597partners’ rights in, 593–594property of, 592–593types of partners in, 591–592passengers, 378–379passive fraud, 129past consideration, 177Patent Cooperation Treaty, 373patents, 365, 373payee of negotiable instruments,506–507payment of checks, stopping, 528peaceful possession, 719penalties, 508Index 843

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