Questions from Business Law

Q: In March, William Proxmire, a U.S. senator

In March, William Proxmire, a U.S. senator from Wisconsin, initiated the “Golden Fleece of the Month Award” to publicize what he believed to be wasteful government spending. The second of these awards...

Q: Webster, Inc., dealt in automobile accessories at whole- sale

Webster, Inc., dealt in automobile accessories at whole- sale. Although he manufactured a few items in his own factory, among them windshield wipers, Webster purchased most of his inventory from a lar...

Q: In October 2015, Black, the owner of the Grand Opera

In October 2015, Black, the owner of the Grand Opera House, and Harvey entered into a written agreement leasing the Opera House to Harvey for five years at a rental of $300,000 per year. Harvey engage...

Q: Adams orders one thousand widgets at $5 per widget from International

Adams orders one thousand widgets at $5 per widget from International Widget to be delivered within sixty days. After the contract is consummated and signed, Adams requests that International deliver...

Q: In Question 1, explain what effect, if any, would

In Question 1, explain what effect, if any, would the fol- lowing letter have? International Widget: In accordance with our agreement of this date, you will deliver the one thousand previously ordered...

Q: Browne & Assoc., a San Francisco company, orders from U

Browne & Assoc., a San Francisco company, orders from U.S. Electronics, a New York company, ten thousand electronic units. Browne & Assoc.’s order form provides that any dispute would be resolved by a...

Q: Explain how the result in Question 3 might change if the U

Explain how the result in Question 3 might change if the U.S. Electronics form contained any of the following provisions: a. “The seller’s acceptance of the purchase order to which this acknowledgmen...

Q: Yount told Lewis he wished to buy Lewis’s automobile. He drove

Yount told Lewis he wished to buy Lewis’s automobile. He drove the car for about ten minutes, returned to Lewis, stated he wanted to take the automobile to show it to his wife, and then left with the...

Q: Johnson, who owned a hardware store, was indebted to Hutchinson

Johnson, who owned a hardware store, was indebted to Hutchinson, one of her suppliers. Johnson sold her business to Lockhart, one of Johnson’s previous competitors, who combined the inventory from Joh...

Q: Seller had manufactured forty thousand pounds of plastic resin pellets specially for

Seller had manufactured forty thousand pounds of plastic resin pellets specially for the buyer, who agreed to accept them at the rate of one thousand pounds per day upon his issuance of shipping instr...