Questions from Business Law

Q: Clyde received a letter from his automobile insurance company notifying him that

Clyde received a letter from his automobile insurance company notifying him that it would not renew his policy that was set to expire on February 28. Clyde did not obtain another policy, and, in a bur...

Q: When Gregg died, his will left his money equally to his

When Gregg died, his will left his money equally to his two children, Max and Alison, whom he explicitly named. Max had died a few years earlier, leaving behind a widow and four children. Who will get...

Q: When William Cook died, his will left all of his property

When William Cook died, his will left all of his property to his brother Eugene. There were two other pieces of paper in the safe with the will. One said that that his stamp collection should go to hi...

Q: Linda and Eddie had two children before they were divorced. Under

Linda and Eddie had two children before they were divorced. Under the terms of their divorce, Eddie became the owner of their house. When he died suddenly, their children inherited the property. Linda...

Q: If your grandparents were to die leaving a large estate and all

If your grandparents were to die leaving a large estate and all of their children were also dead, would you prefer a per stirpes or per capita distribution?

Q: Suzy Tomlinson, 74, met a tragic end – she drowned

Suzy Tomlinson, 74, met a tragic end – she drowned, fully-clothed, in her bathtub after a night out partying with 36 year old J.B. Carlson. He had taken her home at 1 a.m. and was the last person to s...

Q: A group of medical schools conducted a study on very premature babies

A group of medical schools conducted a study on very premature babies—those born between 24 and 27 weeks of gestation (instead of the normal 40 weeks). These children face a high risk of blindness an...

Q: Ball-Mart, a baseball card store, had a 1968

Ball-Mart, a baseball card store, had a 1968 Nolan Ryan rookie card in almost perfect condition for sale. Any baseball collector would have known that the card was worth at least $1,000; the published...

Q: Paula was alone, pregnant, and confused. She needed help

Paula was alone, pregnant, and confused. She needed help and support, which she found at Methodist Mission Home of Texas. In the days following her child’s birth, representatives of Methodist Missio...

Q: When Steven Simkin and Laura Blank divorced in 2006, they agreed

When Steven Simkin and Laura Blank divorced in 2006, they agreed to split their $13.5 million fortune evenly. Two years later, it became evident that Simkin had a problem: his half was invested in B...