Questions from Business Law

Q: Luis and Maria Rojas contracted to buy a house in Westchester County

Luis and Maria Rojas contracted to buy a house in Westchester County, New York, from Andrew and Karen Paine. The house was on property designated as “Lot No. 8” on a subdivision map filed in the count...

Q: Portland Shellfish Co. processes live shellfish in Maine. As one

Portland Shellfish Co. processes live shellfish in Maine. As one of the firm’s two owners, Frank Wetmore held 300 voting and 150 nonvoting shares of the stock. Donna Holden held the other 300 voting s...

Q: Discuss the standard of care traditionally required of the bailee for the

Discuss the standard of care traditionally required of the bailee for the bailed property in each of the following situations, and determine whether the bailee breached that duty. 1. Ricardo borrows...

Q: Jaspal has a severe heart attack and is taken to the hospital

Jaspal has a severe heart attack and is taken to the hospital. He is aware that he is not expected to live. Because he is a bachelor with no close relatives nearby, Jaspal gives his car keys to his cl...

Q: Curtis is an executive on a business trip to the West Coast

Curtis is an executive on a business trip to the West Coast. He has driven his car on this trip and checks into the Hotel Ritz. The hotel has a guarded underground parking lot. Curtis gives his car ke...

Q: Orlando borrows a rototiller from his neighbor, Max. Max has

Orlando borrows a rototiller from his neighbor, Max. Max has not used the rototiller for two years. Orlando has never owned a rototiller and is not familiar with using one. Max previously used this ro...

Q: When Deer Valley Resort Co. (DVRC) was developing its

When Deer Valley Resort Co. (DVRC) was developing its ski resort in the Wasatch Mountains near Park City, Utah, it sold parcels of land in the resort village to third parties. Each sales contract rese...

Q: John Wasniewski opened a brokerage account with Quick and Reilly, Inc

John Wasniewski opened a brokerage account with Quick and Reilly, Inc., in his son James’s name. Twelve years later, when the balance was $52,085, the account was closed, and the funds were transferre...

Q: Bob Moreland left his plane at Don Gray’s aircraft repair shop to

Bob Moreland left his plane at Don Gray’s aircraft repair shop to be painted. When Moreland picked up the airplane, he was disappointed in the quality of the work and pointed out numerous defects. Mor...

Q: Jennifer Koerner adopted a dog—called the Stig—from the

Jennifer Koerner adopted a dog—called the Stig—from the Anti-Cruelty Society in Chicago, Illinois, for $95. Koerner wrote a poem and presented it to Kent Nielsen, her live-in boyfriend. In the poem, s...