Questions from Business Law

Q: What are some types of actions that an HRM professional can take

What are some types of actions that an HRM professional can take to reduce the probability of harassment lawsuits against her or his company?

Q: Rather than being allowed to file Chapter 7 bankruptcy petitions, individuals

Rather than being allowed to file Chapter 7 bankruptcy petitions, individuals and couples should always be forced to make an effort to pay off their debts through Chapter 13. Debate this

Q: Lynne Meyer, on her way to a business meeting and in

Lynne Meyer, on her way to a business meeting and in a hurry, stopped by a Buy-Mart store for a new car charger for her smartphone. There was a long line at one of the checkout counters, but a cashier...

Q: To reduce fraud, checks that utilize mechanical or electronic signature systems

To reduce fraud, checks that utilize mechanical or electronic signature systems should not be honored.

Q: With a loan of 1.4 million euros from Barclays Bank

With a loan of 1.4 million euros from Barclays Bank, PLC, Thomas Poynter bought a yacht. The loan agreement gave Barclays multiple options on default. One option required the lender to give ten days’...

Q: A financing statement that does not have the debtor’s exact name should

A financing statement that does not have the debtor’s exact name should still be effective because creditors should always be protected when debtors default. Debate this

Q: Frank plans to open a sporting goods store and to hire Gogi

Frank plans to open a sporting goods store and to hire Gogi and Hap. Frank will invest only his own funds. He expects that he will not make a profit for at least eighteen months and will make only a s...

Q: Thirsty Bottling Company and U.S. Beverages, Inc.

Thirsty Bottling Company and U.S. Beverages, Inc. (USB), enter into a franchise agreement that states that the franchise may be terminated at any time “for cause.” Thirsty fails to meet USB’s specifie...

Q: Finian and Gloria are partners in F&G Delivery Service.

Finian and Gloria are partners in F&G Delivery Service. When business is slow, without Gloria’s knowledge, Finian leases the delivery vehicles as moving vans. Because the delivery vehicles would other...

Q: Wonder Corporation has an opportunity to buy stock in XL, Inc

Wonder Corporation has an opportunity to buy stock in XL, Inc. The directors decide that instead of Wonder buying the stock, the directors will buy it. Yvon, a Wonder shareholder, learns of the purcha...