Questions from Business Law

Q: Helen, age 17, wanted to buy a Harley-Davidson

Helen, age 17, wanted to buy a Harley-Davidson “Sportster” motorcycle. She did not have the funds to pay cash but persuaded the dealer to sell the cycle to her on credit. The dealer did so partly beca...

Q: After an eleven-month struggle with esophageal cancer, Leonard R

After an eleven-month struggle with esophageal cancer, Leonard R. Brener died on December 8, 2001, at age 85. He had never married. He had no children. He had a long and successful career as a stockbr...

Q: While on a fishing trip, Tom Snyder met an elderly couple

While on a fishing trip, Tom Snyder met an elderly couple living in near-destitute conditions in a rural area of Texas. He returned to the area often, and he regularly purchased groceries for the coup...

Q: Diehr devised a computerized process for curing rubber that was based on

Diehr devised a computerized process for curing rubber that was based on a well-known mathematical formula related to the cure time, and he devised numerous other steps in his synthetic rubber-curing...

Q: The Aqua Drilling Company made a contract to drill a well for

The Aqua Drilling Company made a contract to drill a well for the Atlas Construction Company. It was expected that this would supply water for a home being constructed by Atlas. Aqua did not make any...

Q: Sears, Roebuck and Co. promised to give Forrer permanent employment

Sears, Roebuck and Co. promised to give Forrer permanent employment. Forrer sold his farm at a loss to take the job. Shortly after beginning work, he was discharged by Sears, which claimed that the co...

Q: Kemp leased a gas filling station from Baehr. Kemp, who

Kemp leased a gas filling station from Baehr. Kemp, who was heavily indebted to Penn-O-Tex Oil Corp., transferred to it his right to receive payments on all claims. When Baehr complained that the rent...

Q: On the death of their mother, the children of Jane Smith

On the death of their mother, the children of Jane Smith gave their interests in their mother ’ s estate to their father in consideration of his payment of $1 to each of them and his promise to leave...

Q: AUSA Life Insurance Company and others were institutional investors in the securities

AUSA Life Insurance Company and others were institutional investors in the securities of JWP, Inc., a company that went belly up, resulting in nearly a 100 percent loss of their investments. Ernst & Y...

Q: Radio Station KSCS broadcast a popular music pro- gram. It

Radio Station KSCS broadcast a popular music pro- gram. It announced that it would pay $25,000 to any listener who detected that it did not play three consecutive songs. Steve Jennings listened to and...