Questions from Business Law

Q: Randall and Peggy Norman operated a dairy farm in Pine River,

Randall and Peggy Norman operated a dairy farm in Pine River, Minnesota. About ten years after the operation was begun, the cows started to experience health issues. Over the next eighteen years, the...

Q: J.C., Inc., had a franchise agreement with McDonald’s

J.C., Inc., had a franchise agreement with McDonald’s Corp to operate McDonald’s restaurants in Lancaster, Ohio. The agreement required J.C. to make monthly payments of certain percentages of gross sa...

Q: Smith Services, Inc., a trucking business owned by Tony Smith

Smith Services, Inc., a trucking business owned by Tony Smith, charged its fuel purchases to an account at Laker Express. When Smith Services was not paid on several contracts, it ceased doing busines...

Q: In 1997, Leon Greenblatt, Andrew Jahelka, and Richard Nichols

In 1997, Leon Greenblatt, Andrew Jahelka, and Richard Nichols incorporated Loop Corp. with only $1,000 of capital. Three years later, Banco Panamericano, Inc., which was run entirely by Greenblatt and...

Q: After years of research, your company develops a product that might

After years of research, your company develops a product that might revolutionize the green (environmentally conscious) building industry. The product is made from relatively inexpensive and widely av...

Q: FS Partners is a general partnership whose partners are Jerry Stahlman,

FS Partners is a general partnership whose partners are Jerry Stahlman, a professional engineer, and Fitz & Smith, Inc., a corporation in the business of excavating and paving. Timothy Smith signed th...

Q: Stanka Woods was the sole member of Hair Ventures, LLC.

Stanka Woods was the sole member of Hair Ventures, LLC. Hair Ventures owned 3 million shares of stock in Biolustré, Inc. For several years, Woods and other Biolustré shareholders did not receive notic...

Q: Bill McCann was the president and chief executive officer of McCann Ranch

Bill McCann was the president and chief executive officer of McCann Ranch & Livestock Co. He and his brother Ron each owned 36.7 percent of the stock. Ron had been removed from the board of directors...

Q: Jamel Blanton was a male employee at a Pizza Hut restaurant operated

Jamel Blanton was a male employee at a Pizza Hut restaurant operated by Newton Associates, Inc., in San Antonio, Texas. Blanton was subjected to sexual and racial harassment by the general manager, wh...

Q: FCR Realty, LLC, and Clifford B. Green & Sons

FCR Realty, LLC, and Clifford B. Green & Sons, Inc., were co-owned by three brothers—Frederick, Clifford Jr., and Richard Green. Each brother was a shareholder of the corporation. Frederick was a cont...