UNEMPLOYMENT—Discussing an employer’s finances, and being belligerent about it when questioned, is a substantial disregard of an employer’s interests and constitutes misconduct in connection with the employee’s work.
UNEMPLOYMENT—An employee who does not receive mandated unemployment eligibility information from an employer may be eligible for benefits even if the benefits application is made out of time.
UCC; WARRANTIES; STATUTE OF LIMITATION — A claim under an express warranty is not limited by the four year UCC statute of limitation.
UCC; INSTALLMENT SALES; DAMAGES —A suit to recover damages under a retail installment contract for the purchase of goods is governed by the UCC’s four year statute of limitation.
UCC; GUARANTEES — Even if the UCC were applicable to a personal guaranty of credit by a business’ owner, a guarantor’s addition to a form guaranty is enforceable if the original form did not expressly require that no changes be made, the change did not materially alter the terms of the agreement, and the recipient of the guaranty did not object to the change.
UCC; CHECKS—A payee’s crossing off a restrictive endorsement is not the kind of alteration that would bar a payee from depositing the check or a bank from paying the check.
TAXATION; PARTNERSHIPS; KEOGH ACT — Under the New Jersey Gross Income Act, a partnership may not deduct Keogh Plan distributions to partners as an expense of doing business.
NOTES; STATUTE OF LIMITATIONS — An automatic acceleration on default provision in a note triggers the start of the statute of limitations.
GUARANTIES—A person cannot be relieved of his personal guaranty obligation because he didn’t read the guaranty, that failure is his own negligence.
FRANCHISES; FORUM SELECTION —The New Jersey Franchise Act is intended to protect New Jersey businesses and its forum requirements will not be extended to protect out of state franchisees, especially where the franchisee can not make the required strong showing of unequal bargaining power needed to justify upsetting an agreed-upon forum selection clause.