Questions from Business Law

Q: During the 2001 baseball season, San FranciscoGiants player Barry Bonds hit

During the 2001 baseball season, San FranciscoGiants player Barry Bonds hit 73 home runs, a newrecord that broke the one set by Mark McGwire in2000 (72 home runs). When Mr. Bonds hit his record-breaki...

Q: Janice Dempsey has just started her own tax preparation firm. She

Janice Dempsey has just started her own tax preparation firm. She has leased office space in a building, and she is incorporating her business as a Subchapter S corporation under the Internal Revenue...

Q: Saint Claire Adams was hired by Circuit City as a sales counselor

Saint Claire Adams was hired by Circuit City as a sales counselor. When he was hired he signed an employment contract that included a mandatory arbitration clause. Two years later he filed a suit agai...

Q: List the steps in a lawsuit. Begin with the filing of

List the steps in a lawsuit. Begin with the filing of the complaint, and explain the points at which there can be a final determination of the parties’ rights in the case.

Q: Explain why a business person would want to use alternative dispute resolution

Explain why a business person would want to use alternative dispute resolution methods. Discuss the advantages. What disadvantages have you learned?

Q: Carolyn, Elwood, and Isabella are involved in a real estate

Carolyn, Elwood, and Isabella are involved in a real estate development. The development is a failure, and Carolyn, Elwood, and Isabella want to have their rights determined. They could bring a lawsui...

Q: Larketta Randolph purchased a mobile home fromBetter Cents Home Builders, Inc

Larketta Randolph purchased a mobile home fromBetter Cents Home Builders, Inc., and financed herpurchase through Green Tree Financial Corporation.Ms. Randolph signed a standard form contract that requ...

Q: The Nursing Home Pension Fund filed suit against Oracle Corporation alleging that

The Nursing Home Pension Fund filed suit against Oracle Corporation alleging that Larry Ellison, the company’s CEO, misled investors in 2001 about the true financial condition of the company. During t...

Q: Mostek Corp., a Texas corporation, made a contract to sell

Mostek Corp., a Texas corporation, made a contract to sell computer-related products to North American Foreign Trading Corp., a New York corporation. North American used its own purchase order form, o...

Q: Caesar Wright was a longshoreman in Charleston, South Carolina, and

Caesar Wright was a longshoreman in Charleston, South Carolina, and a member of the International Longshoremen’s Association (AFL-CIO). Wrightused the union hiring hall. The collective bargaining agre...