Questions from Business Law

Q: The city of Fayetteville, Arkansas, received a National Pollutant Discharge

The city of Fayetteville, Arkansas, received a National Pollutant Discharge Elimination System (NPDES) permit from the EPA for the discharge of sewage into a stream that ultimately reaches the Illinoi...

Q: Three banks that are wholly owned by the Republic of Costa Rica

Three banks that are wholly owned by the Republic of Costa Rica had issued promissory notes, payable in U.S. dollars in New York City. The notes are now in default due solely to actions of the Costa R...

Q: Prior to 1918, a Russian corporation had deposited sums of money

Prior to 1918, a Russian corporation had deposited sums of money with August Belmont, a private banker doing business in New York City. In 1918, the Soviet government nationalized the corporation and...

Q: A federal grand jury handed down an indictment naming as a defendant

A federal grand jury handed down an indictment naming as a defendant Nippon Paper Industries Co., Ltd. (NPI), a Japanese manufacturer of facsimile paper. The indictment alleged that five years earlier...

Q: Catania wished to paint the exterior of his house. He went

Catania wished to paint the exterior of his house. He went to Brown, a local paint store owner, and asked him to recommend a paint for the job. Catania told Brown that the exterior walls were stucco a...

Q: Six U.S. manufacturers of broad-spectrum antibiotics derived

Six U.S. manufacturers of broad-spectrum antibiotics derived a large percentage of their sales from overseas markets, including India, Iran, the Philippines, Spain, South Korea, Germany, Colombia, and...

Q: After reading attractive brochures advertising a package tour of the Dominican Republic

After reading attractive brochures advertising a package tour of the Dominican Republic, a U.S. family decided to purchase tickets for the family vacation plan. The tour was a product of four differen...

Q: A privately owned business in a developing country determines that current computer

A privately owned business in a developing country determines that current computer technology could solve many of the problems faced by its country’s private and public sectors. This business, howeve...

Q: King Faisal II of Iraq was killed on July 14, 1958

King Faisal II of Iraq was killed on July 14, 1958, in the midst of a revolution in that country that led to the establishment of a republic subsequently recognized by the U.S. government. On July 19,...

Q: A business entity incorporated under the laws of one of the EU

A business entity incorporated under the laws of one of the EU member nations contracts with the government of a developing nation to form a joint venture for the mining and refining of a scarce raw m...