Questions from Business Law


Q: After reviewing Color-Dyne’s audited financial statements, the plaintiffs provided

After reviewing Color-Dyne’s audited financial statements, the plaintiffs provided materials to the company on credit. These financial statements showed that Color-Dyne owned $2 million in inventory....

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Q: A soldier was drinking at a training seminar. Although he was

A soldier was drinking at a training seminar. Although he was told to leave his car at the seminar, he disobeyed orders and drove to a military club. On the way to the club, he was in an accident. Is...

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Q: One afternoon while visiting friends, tennis star Vitas Gerulaitis fell asleep

One afternoon while visiting friends, tennis star Vitas Gerulaitis fell asleep in their pool house. A mechanic had improperly installed the swimming pool heater, which leaked carbon monoxide fumes int...

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Q: Sarah went to an auction at Christie’s to bid on a tapestry

Sarah went to an auction at Christie’s to bid on a tapestry for her employer, Fine Arts Gallery. The good news is that she purchased a Dufy tapestry for $77,000. The bad news is that it was not the on...

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Q: An elementary school custodian hit a child who wrote graffiti on the

An elementary school custodian hit a child who wrote graffiti on the wall. Is the school district liable for this intentional tort by its employee?

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Q: What if the custodian hit one of the schoolchildren for calling him

What if the custodian hit one of the schoolchildren for calling him a name? Is the school district liable?

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Q: Jesse worked as a buyer for the Vegetable Co. Rachel offered

Jesse worked as a buyer for the Vegetable Co. Rachel offered to sell Jesse 10 tons of tomatoes for the account of Vegetable. Jesse accepted the offer. Later, Jesse discovered that Rachel was an agent...

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Q: The Pharmaceutical Association holds an annual convention. At the convention,

The Pharmaceutical Association holds an annual convention. At the convention, Brittany, who was president of the Association, told Luke that Research Corp. had a promising new cancer vaccine. Luke was...

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Q: Until recently, every state had a statute outlawing the burning of

Until recently, every state had a statute outlawing the burning of American flags. But in Texas v. Johnson, the Supreme Court declared such statutes unconstitutional, saying that flag burning is symb...

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Q: Betsy has a two-year contract as a producer at Jackson

Betsy has a two-year contract as a producer at Jackson Movie Studios. She produces a remake of the movie Footloose. Unfortunately, it bombs and Jackson is so furious, he fires her on the weekend the m...

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