Questions from Business Law

Q: Lawrence loaned money to Moore, who died with- out repaying

Lawrence loaned money to Moore, who died with- out repaying the loan. Lawrence claimed that when he mentioned the matter to Moore ’ s widow, she promised to pay the debt. She did not pay it, and Lawre...

Q: Tambe Electric Inc. entered into a written agreement with Home Depot

Tambe Electric Inc. entered into a written agreement with Home Depot to provide copper wire to Tambe at a price set forth in the writing, and allowing the contractor the option of paying for the wire...

Q: Kelly made a written contract to sell certain land to Brown and

Kelly made a written contract to sell certain land to Brown and gave Brown a deed to the land. There- after, Kelly sued Brown to get back a 20-foot strip of the land. Kelly claimed that before making...

Q: Martin made an oral contract with Cresheim Garage to work as its

Martin made an oral contract with Cresheim Garage to work as its manager for two years. Cresheim wrote Martin a letter stating that the oral contract had been made and setting forth all of its terms....

Q: Jackson signed an agreement to sell 79 acres of land to Devenyns

Jackson signed an agreement to sell 79 acres of land to Devenyns. Jackson owned 80 acres and was apparently intending to keep for himself the acre on which his home was located. The written agreement...

Q: Boeing Airplane Co. contracted with Pittsburgh – Des Moines Steel Co

Boeing Airplane Co. contracted with Pittsburgh – Des Moines Steel Co. for the latter to construct a super- sonic wind tunnel. R.H. Freitag Manufacturing Co. sold materials to York-Gillespie Co., which...

Q: In February or March, Corning Glass Works orally agreed to retain

In February or March, Corning Glass Works orally agreed to retain Hanan as management consultant from May 1 of that year to April 30 of the next year for a present value fee of $200,000. Was this agre...

Q: Catherine (wife) and Peter (husband) Mallen had lived

Catherine (wife) and Peter (husband) Mallen had lived together unmarried for some four years when Catherine got pregnant and a marriage was arranged. Peter asked Catherine to sign a prenuptial agreeme...

Q: Mineral Deposits, Ltd. (MD, Ltd.), an Australian

Mineral Deposits, Ltd. (MD, Ltd.), an Australian company, manufactures the Reichert Spiral, a device used for recovering gold particles from sand and gravel. The spiral was patented in Australia, and...

Q: Panasonic Industrial Co. (PIC) created a contract making Manchester

Panasonic Industrial Co. (PIC) created a contract making Manchester Equipment Co., Inc. (MECI), a nonexclusive wholesale distributor of its products. The contract stated that PIC reserved the unrestri...