Questions from Business Law

Q: H.C. Blackwell Co. held a franchise from Kenworth

H.C. Blackwell Co. held a franchise from Kenworth Truck Co. to sell its trucks. After 12 years, the franchise was nearing expiration. Kenworth notified Blackwell that the franchise would not be renewe...

Q: In July 2008 Miller Brewing Co. and Coors Brewing Co.

In July 2008 Miller Brewing Co. and Coors Brewing Co. formed a joint venture to better compete with the dominant beer manufacturer, Anheuser Busch. The venture was named “ MillerCoors LLC. ” Under the...

Q: Wolf, King, and others sold business “ opportunities ” in

Wolf, King, and others sold business “ opportunities ” in vending machines by taking out ads in newspapers throughout the country. When individuals responded, telemarketers called “ fronters ” would t...

Q: Two brothers, Eugene and Marlowe Mehl, formed a partnership to

Two brothers, Eugene and Marlowe Mehl, formed a partnership to operate the family farm. One year, Eugene Mehl withdrew $7,200 from the partnership account and bought the Dagmar Bar. The warranty deed...

Q: Wheeler operated an automobile service station, which he leased from W

Wheeler operated an automobile service station, which he leased from W. C. Cornitius, Inc. The lease ran for three years. Although the lease did not contain any provision for renewal, it was in fact r...

Q: Summers and Dooley formed a partnership to collect trash. Summers became

Summers and Dooley formed a partnership to collect trash. Summers became unable to work and he hired a third man to do his work and paid him out of his personal funds. Summers suggested to Dooley that...

Q: St. John Transportation Co., a corporation, made a contract

St. John Transportation Co., a corporation, made a contract with the partnership of Bilyeu and Herstel, contractors, by which the latter was to construct a ferryboat. Herstel, a member of the firm of...

Q: Snug Harbor Realty Co. had a checking account in First National

Snug Harbor Realty Co. had a checking account in First National Bank. When construction work was obtained by Snug Harbor, its superintendent, Magee, would examine the bills submitted for labor and mat...

Q: Mason and Phyllis Ledbetter operated a business in Northbrook, Illinois,

Mason and Phyllis Ledbetter operated a business in Northbrook, Illinois, as a partnership called Ledbetters ’ Nurseries that specialized in the sale of garden lilies. The grounds of the nurseries were...

Q: Ray, Linda, and Nancy form a partnership. Ray and Linda

Ray, Linda, and Nancy form a partnership. Ray and Linda contribute property and cash. Nancy contributes only services. Linda dies, and the partnership is liquidated. After all debts are paid, the surp...