Questions from Business Law

Q: Discuss the power of a corporation ’ s president to employ a

Discuss the power of a corporation ’ s president to employ a sales manager and to agree that the man- ager should be paid a stated amount per year plus a percentage of any increase in the dollar volum...

Q: Classify each of the following activities as proper or prohibited under the

Classify each of the following activities as proper or prohibited under the various consumer statutes you have studied. a. Calling a hospital room to talk to a debtor who is a patient there. b. Calli...

Q: The San Antonio Retail Merchants Association (SARMA) was a credit

The San Antonio Retail Merchants Association (SARMA) was a credit reporting agency. It was asked by one of its members to furnish information on William Douglas Thompson III. It supplied information f...

Q: Colgate-Palmolive Co. ran a television commercial to show that

Colgate-Palmolive Co. ran a television commercial to show that its shaving cream, Rapid Shave, could soften even the toughness of sandpaper. The commercial showed what was described as the sandpaper t...

Q: Sharolyn Charles wrote a check for $17.93 to a

Sharolyn Charles wrote a check for $17.93 to a Poncho ’ s Restaurant on July 4, 1996, as payment for a meal she had there. The check was returned for insufficient funds. Poncho ’ s forwarded the check...

Q: Thomas was sent a credit card through the mail by a company

Thomas was sent a credit card through the mail by a company that had taken his name and address from the telephone book. Because he never requested the card, Thomas left the card lying on his desk. A...

Q: On May 16, 2003, Sari Smith filed a class-

On May 16, 2003, Sari Smith filed a class-action lawsuit in Cook County, Illinois, against J.M. Smucker Co. on behalf of “ [a]ll purchasers in the United States of America of spreadable fruit products...

Q: On October 14, 1980, United American Bank of Knoxville made

On October 14, 1980, United American Bank of Knoxville made a $1,700,000 loan to Frederic B. Ingram. William F. Earthman, the president of the bank and a beneficiary of the loan, had arranged for the...

Q: International Yogurt Co. (IYC) developed a unique mix for

International Yogurt Co. (IYC) developed a unique mix for making frozen yogurt and related products. Morris and his wife purchased a franchise from the company but were not told that a franchise was n...

Q: Blubaugh was a district manager of Schlumberger Well Services. Turner was

Blubaugh was a district manager of Schlumberger Well Services. Turner was an executive employee of Schlumberger. Blubaugh was told that he would be fired unless he chose to resign. He was also told th...