Questions from Business Law

Q: Ramtreat Metal Technology provided for a “double your money back”

Ramtreat Metal Technology provided for a “double your money back” remedy in its contracts for the sale of its metal drilling assemblies. A buyer filed suit seeking consequential damages and cost of re...

Q: Stephan ’ s Machine & Tool, Inc., purchased a boring

Stephan ’ s Machine & Tool, Inc., purchased a boring mill from D&H Machinery Consultants. The mill was a specialized type of equipment and was essential to the operation of Stephan ’ s plant. The purc...

Q: Cronin, an employee of Epicycle, cashed his final paycheck at

Cronin, an employee of Epicycle, cashed his final paycheck at Money Mart Check Cashing Center. Epicycle had issued a stop payment order on the check. Money Mart deposited the check through normal bank...

Q: GRAS is a Michigan corporation engaged in the business of buying and

GRAS is a Michigan corporation engaged in the business of buying and selling cars. Between 1997 and 2000, Katrina Stewart was employed as a man- ager by GRAS. During that period, Stewart wrote checks,...

Q: Joseph Perna purchased a 1981 Oldsmobile at a traffic auction conducted by

Joseph Perna purchased a 1981 Oldsmobile at a traffic auction conducted by Locascio. The car had been seized pursuant to action taken by the New York City Parking Violation Bureau against Jose Cruz. P...

Q: Firwood Manufacturing Co. had a contract to sell General Tire 55

Firwood Manufacturing Co. had a contract to sell General Tire 55 Model 1225 postcure inflators (PCIs). PCIs are $30,000 machines used by General Tire in its manufacturing process. The contract was ent...

Q: Soon after Gast purchased a used auto from a Chevrolet dealer,

Soon after Gast purchased a used auto from a Chevrolet dealer, he experienced a series of mechanical problems with the car. Gast refused to make further payments on the bank note that had financed the...

Q: Emily Lieberman and Amy Altomondo were mem- bers of the Alpha

Emily Lieberman and Amy Altomondo were mem- bers of the Alpha Chi Omega (AXO) sorority at Bowling Green State University. They negotiated with Johnathan James Furlong for the purchase of custom-design...

Q: U.S. Steel Corp. formed Orinoco Mining Co.,

U.S. Steel Corp. formed Orinoco Mining Co., a wholly owned corporation, to mine large deposits of iron ore that U.S. Steel had discovered in Venezuela. Orinoco, which was incorporated in Delaware, was...

Q: Brown Machine Company, a division of Kvaerner U.S.,

Brown Machine Company, a division of Kvaerner U.S., Inc., entered into a contract to supply a machine and tools to Hakim Plast, a food container – producing company based in Cairo, Egypt, to enable Ha...