Illinois Flashcards
attractive nusiance?
no, just reasonable care
duty to licensees?
just reasonable care under the circumstances.
joint and several liability
apportion costs on tortfeasors according to fault
standard of liability (contrib neg?)
modified comparative negligence
liability for domestic animals?
on the owner, if the plaintiff didn’t provoke
adverse possession in IL length
7 years under color of title, or 20 years otherwise
risk of loss w/ seller or buyer before closing?
w/ seller (UVPRA)
title state or lien state?
intermediate theory state
requirements for a preliminary injunction
1) clearly ascertainable right
2) irreparable harm
3) no adequate remedy at law
4) likely to prevail on the merits
What is an article 9 security interest?
Consensual lien on personal property
Requirements for a security interest to attach?
1) the secured party must give value, 2) the debtor must have rights in the collateral, and 3) SOF for article 9 met (describes the grant of collateral).
priority between secured interests
1) first to perfect. if neither perfected, first to attach.
priority between secured creditor and a buyer
creditor has priority unless buyer fits into an exception. Buyer in the ordinary course of business (no knowledge of security interest + buys good from a merchant)
standard for what secured creditor can do upon repossession?
commercially reasonable
standard for liability of baillee who violates conditions of the bailment?
strictly liable