Q: Linhart owned shares of stock in First National Bank. She borrowed
Linhart owned shares of stock in First National Bank. She borrowed money from the bank and pledged the stock as security. She later decided to transfer 70 head of cattle and the shares of stock to her...
See AnswerQ: Birt was a hospital patient. The doctor who treated him was
Birt was a hospital patient. The doctor who treated him was a shareholder of a professional corporation organized under the Indiana Medical Professional Corporation Act. Birt claimed that the doctor w...
See AnswerQ: Lawrence D. Polizzotto, a former vice president at First Solar
Lawrence D. Polizzotto, a former vice president at First Solar Inc., spoke in one-on-one phone calls with some analysts and investors. He stated that the company was unlikely to receive a much-anticip...
See AnswerQ: The Official Comment to § 3-420 states that delivery
The Official Comment to § 3-420 states that delivery of an instrument occurs when it “comes into the payee’s possession, as for example when it is put into the payee’s mailbox.” Constructive delivery...
See AnswerQ: Corporation A was involved in merger discussions with Corporation B. During
Corporation A was involved in merger discussions with Corporation B. During this time, Corporation A made public statements denying that any merger negotiations were taking place or that it knew of an...
See AnswerQ: Business Week magazine is sent to a national distributor of magazines,
Business Week magazine is sent to a national distributor of magazines, Curtis Circulations Co., which sells the magazines to various wholesalers, including Hudson News. Business Week publishes a colum...
See AnswerQ: Minnesota Prostate Research Labs, Inc. (MPRL), made an
Minnesota Prostate Research Labs, Inc. (MPRL), made an initial public offering of its shares in August 1998. It stated in its prospectus that research on laboratory animals indicated that the lab may...
See AnswerQ: The following transactions in Heritage Cosmetics Co., Inc., stock took
The following transactions in Heritage Cosmetics Co., Inc., stock took place: On January 21, Jones, the corporation ’ s vice president of marketing, pur- chased 1,000 shares of stock at $25 per share....
See AnswerQ: Brown made an offer to purchase Overman’s house on a standard printed
Brown made an offer to purchase Overman’s house on a standard printed form. Underneath Brown’s signature was the statement: “ACCEPTANCE ON REVERSE SIDE.” Overman did not sign the offer on the back but...
See AnswerQ: Dorozhko hacked into the corporate network of Thomson Financial on October 17
Dorozhko hacked into the corporate network of Thomson Financial on October 17, 2007, at 2:15 P . M . and gained access to IMS Health ’ s soon- to-be-released negative earnings announcement due out at...
See Answer
