Pure Water Company is subject to a decision by the Environmental Protection Agency. Pure Water appeals the decision, arguing that it is arbitrary and capricious. This could mean that the decision​

The same principles that govern the filing of a liquidation petition apply to reorganization proceedings.​

A party can challenge an administrative regulation as so irrational as to be arbitrary and capricious.​

Congress can review new federal regulations before they take effect.​

An employer can exercise some control over unionizing activities that take place on company property and during working hours.​

With preemptive rights, shareholders can preempt the decisions of directors and officers with respect to corporate policy.​

A franchisor can mandate retail prices for the goods that a franchisee sells.​

The rights that accompany a fee simple absolute include the right to use the land for whatever purpose it is best suited, not necessarily for whatever purpose the owner sees fit.

Blair and Chanel are holders of common stock in Discount Retail Stores, Inc. Like other holders of common stock, they have a residual position in the overall financial structure of Discount Retail, because they​

Jess and Keri are members of Livewire LLC, a limited liability company. In most situations, with respect to Livewire’s debts, Jess and Keri are shielded from​