Briefly discuss the Contract Clause of the U.S. Constitution

Article I, Section 10 of the Constitution provides: "No State shall . . . pass any . . . Law impairing the Obligation of Contracts . . . ." The Supreme Court has used the Contract Clause to restrict states from retroactively modifying public charters and private contracts. The Court has also ruled that no legislature can bargain away the public health or the public morals. The Contract Clause does not hinder the states from exercising eminent domain or their police powers. The Contract Clause does not apply to the federal government, but due process limits the federal government's power to impair contracts.

Business

You might also like to view...

Viviana works in the software development team for a large corporation. Her employer encourages employees to pursue new ideas on company premises and therefore she has a side project involving applications for small kitchen appliances. In this scenario, Viviana's employer appears to support ________.

a. corporate espionage b. spin-offs c. bootlegging d. skunkworks e. delegation

Business

A quitclaim deed conveys only the present right, title and interest of the:

a. grantee. b. grantor. c. servient tenement. d. property.

Business