Questions from Business Law

Q: G.C. Vincent was an employee of Porter County Development

G.C. Vincent was an employee of Porter County Development Corporation (PCDC). Vincent had three personal credit cards through Citibank. Vin- cent diverted checks to the PCDC, deposited them into his p...

Q: In a January 2000 prospectus for its initial public offering of shares

In a January 2000 prospectus for its initial public offering of shares, Apex Oil Discovery Co. (AODC) estimated a sizable volume of oil production based on the studies of two geologists and a test wel...

Q: The majority shareholder and president of Dunaway Drug Stores, Inc.,

The majority shareholder and president of Dunaway Drug Stores, Inc., William B. Dunaway, was structuring and executing the sale of virtually all of the corporation ’ s assets to Eckerd Drug Co. While...

Q: James Jelinek purchased Hytest BMR Sorghum Sudan grass seed, which was

James Jelinek purchased Hytest BMR Sorghum Sudan grass seed, which was produced and marketed by Land O ’ Lakes. Land O ’ Lakes warranted the seed to be free from defects and expressly warranted that b...

Q: A complaint was filed with the U.S. Commerce Department’s

A complaint was filed with the U.S. Commerce Department’s ITA by U.S. telephone manufacturers AT&T, Comidial Corp., and Eagle Telephones, Inc., alleging that 12 Asian manufacturers of small business t...

Q: Brianna Kriefall, a child, died after she ate meat at

Brianna Kriefall, a child, died after she ate meat at a Sizzler restaurant that was later found to contain E. coli. Her family brought suit against Sizzler USA to recover for the loss of their daughte...

Q: GE Oil & Gas, Inc., is a company that manufactures

GE Oil & Gas, Inc., is a company that manufactures gas compressors. Berge Helene owns a large barge that it leases to oil companies for purposes of storing and producing petroleum offshore. GE Oil & G...

Q: After watching a male horse owned by Terry and Manita Darby perform

After watching a male horse owned by Terry and Manita Darby perform at a horse show, Ashley Sheffield contacted the Darbys about buying him. The Darbys assured her that the horse had no problems and w...

Q: On July 27, 2000, Sheldorado Aluminum Products, Inc.,

On July 27, 2000, Sheldorado Aluminum Products, Inc., installed an aluminum awning on the back of Marie Villette ’ s home for use as a carport. On January 11, 2001, the awning collapsed on top of Ms....

Q: In 1984, Alexander Tolin executed a will under which the residue

In 1984, Alexander Tolin executed a will under which the residue of his estate was to be devised to his friend Adair Creaig. The will was prepared by Steven Fine, Tolin ’ s attorney, and executed in F...