Questions from Business Law


Q: Michael Sykes, the president of Sykes Corp., hired Richard Amelung

Michael Sykes, the president of Sykes Corp., hired Richard Amelung to handle the company ’ s book- keeping and deal with all of its vendors. Amelung entered into an agreement with East- ern Metal Supp...

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Q: L. B. Foster invited Tie and Track Systems Inc.

L. B. Foster invited Tie and Track Systems Inc. to submit price quotes on items to be used in a railroad expansion project. Tie and Track responded by e- mail on August 11, 2006, with prices for 9 ite...

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Q: Clinton Investors Company, as landlord, entered into a three-

Clinton Investors Company, as landlord, entered into a three-year lease with the Clifton Park Learning Center as tenant. The lease was executed by Bernie Watkins who represented himself as the treasur...

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Q: Compare and contrast consolidations, mergers, and conglomerates.

Compare and contrast consolidations, mergers, and conglomerates.

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Q: On January 27, 1982, Joe Walker purchased a wheel

On January 27, 1982, Joe Walker purchased a wheel- loader machine from Thompson & Green Machinery Co. (T&G). Walker signed a promissory note for $37,886.30 on behalf of “ Music City Sawmill, Inc., b...

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Q: Richard Ramlall was hired by CloseCall (MD) Inc. to

Richard Ramlall was hired by CloseCall (MD) Inc. to negotiate a billing dispute with Verizon involving some $2 million in asserted overcharges. CloseCall (MD) agreed to a contingent fee “ bonus ” for...

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Q: The Community Youth Center (CYC) Corporation failed to pay its

The Community Youth Center (CYC) Corporation failed to pay its annual registration fee in 2000 and was automatically dissolved by the state corporation commission. CYC continued to operate and held it...

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Q: Emmick was a director and shareholder of Colonial Manors, Inc.

Emmick was a director and shareholder of Colonial Manors, Inc. (CM). He organized another corporation named Oahe Enterprises, Inc. To obtain shares of the Oahe stock, Emmick transferred CM shares arbi...

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Q: Madison Associates purchased control of the majority of shares of 79 Realty

Madison Associates purchased control of the majority of shares of 79 Realty Corp. from the Kimmel- mans and the Zauders, who then resigned as directors. The Alpert group, which owned the remaining 26...

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Q: The Seabrook Island Property Owners Association, Inc., is a nonprofit

The Seabrook Island Property Owners Association, Inc., is a nonprofit corporation organized under state law to maintain streets and open spaces owned by property owners of Seabrook Island. Seabrook Is...

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