Jim visited Demetrius to see his awesome record collection. Demetrius offers to sell it to Jim for $50,000. Jim replies that he would pay $48,500 for it.
Author: Anonymous
Hank called Scott and told him he had a project, and needed…
Hank called Scott and told him he had a project, and needed Scott to stay available so he could work on the project for him. Scott said that he had other jobs in mind. Hank said “If you wait and work with me, you will be busy for the next several years.” Scott did not take the other jobs. Hank never contacted Scott again – He decided to hire his daughter Hope to do the work. Scott sued Hank because could not find work for several months.
On Friday, Millie read the following ad in the newspaper: “S…
On Friday, Millie read the following ad in the newspaper: “Saturday – ALL DAY Brand New Coach Bags Worth to $400.00 – ALL ON SALE – 50% OFF! Limited to stock on hand It was Millie’s birthday, so she decided to treat herself. She got to the store and asked to see the Coach Bags. The employee told her “You should have gotten here earlier. We were cleaned out of those bags within one hour of opening!” Millie insisted that they had to honor the 50% off price on any new stock that comes in. The store refused. Millie sued the store.
Elizabeth went to work for an employer located in Rancho Cuc…
Elizabeth went to work for an employer located in Rancho Cucamonga, CA. When she was hired, the employer and she signed a non-competition agreement that stated she could not go to work for a competitor or compete with the employer if she ever quit her job. After working for the company for two years, she left to go to work for a competitor located in Pasadena. Elizabeth was never an owner of the company. The company went to court to stop Elizabeth from working for the competitor.
What is the main benefit of a business organization being ta…
What is the main benefit of a business organization being taxed the same way a partnership is taxed?
Suri hired Okoye to help her sell her house. Okoye found a b…
Suri hired Okoye to help her sell her house. Okoye found a buyer and Suri sold the house. They have no other connections.
Timi buys a used paint sprayer from the local paint specialt…
Timi buys a used paint sprayer from the local paint specialty store. The sprayer had a big sign that said “AS IS.” Timi never talked to any of the store employees. When Timi attempts to spray paint his house, the trigger on the sprayer sticks in the “on” position and before Timi can pull the electrical cord to cut the power, paint is sprayed all over the neighbor’s house and their prize flowers. The neighbor makes Timi pay for the damages. Timi sues the dealership for breach of the implied warranty of merchantability. Who wins?
Diana and Arturo were going to open a new business. They con…
Diana and Arturo were going to open a new business. They consulted a lawyer. All they could remember from the conversation was that the lawyer recommended that they take the form of business that combines the best features of a corporation with the best features of a partnership. What form of business was the lawyer most likely recommending?
Janet manufactures and mass produces a special pencil that m…
Janet manufactures and mass produces a special pencil that makes it easy to fill in the blanks on a scantron or similar form. When you use it, you don’t have to push hard on the paper. It will make a dark mark without any effort. Janet takes all possible care to be sure that every pencil comes out of her factory working properly. Cecil bought one of Janet’s pencils at the school bookstore and tried to use it on his Business Law I final exam. It did not work correctly, making incomplete marks, and sometimes jumping from the correct box to an incorrect box, all on its own. Cecil had to hold it down so hard to complete the test that his hand cramped up afterward, and hurt so much he was no longer able to use it. He missed the next semester at school, and a lot of work. Cecil had to see an orthopedist, a physical therapist, and a psychotherapist before he regained full use of his hand.
The local government decided that it needed to expand the lo…
The local government decided that it needed to expand the local public high school. There was no room on the school grounds for expansion. The government decided to use properties with six single family homes that bordered the school grounds for the expansion project. The families refused to sell their homes. The government files a lawsuit to take those properties from the families. Can the government do this?