Questions from Business Law

Q: Maple Corporation conditions the sale of its syrup on the buyer’s agreement

Maple Corporation conditions the sale of its syrup on the buyer’s agreement to buy Maple’s pancake mix. What factors would a court consider to decide whether this arrangement violates the Clayton Act?...

Q: United Pharmaceuticals, Inc., has developed a new drug that it

United Pharmaceuticals, Inc., has developed a new drug that it believes will be effective in the treatment of patients with AIDS. The drug has had only limited testing, but United wants to make the dr...

Q: In the Clean Air Act, Congress allowed California, which has

In the Clean Air Act, Congress allowed California, which has particular problems with clean air, to adopt its own standard for emissions from cars and trucks. The standard was subject to the approval...

Q: ChemCorp generates hazardous wastes from its operations. Disposal Trucking Company transports

ChemCorp generates hazardous wastes from its operations. Disposal Trucking Company transports those wastes to Eliminators, Inc., which owns a site for hazardous waste disposal. Eliminators sells the p...

Q: Nora, an accountant, prepares a financial statement as part of

Nora, an accountant, prepares a financial statement as part of a registration statement that Omega, Inc., files with the Securities and Exchange Commission before making a public offering of securitie...

Q: While walking to work, Bill finds an expensive ring lying on

While walking to work, Bill finds an expensive ring lying on the curb. Bill gives the ring to his son, Hunter. Two weeks later, Martin Avery, the true owner of the ring, discovers that Bill had found...

Q: Rosa de la Mar Corporation ships a load of goods via Southeast

Rosa de la Mar Corporation ships a load of goods via Southeast Delivery Company. The load of goods is lost in a hurricane in Florida. Who suffers the loss? Explain your answer.

Q: Grey owns a commercial building in fee simple. Grey transfers temporary

Grey owns a commercial building in fee simple. Grey transfers temporary possession of the building to Haven Corporation. Can Haven transfer possession for even less time to Idyll Company? Explain.

Q: Sheila makes out a will, leaving her property in equal thirds

Sheila makes out a will, leaving her property in equal thirds to Toby and Uma, her children, and Velda, her niece. Two years later, Sheila is adjudged mentally incompetent, and that same year, she die...

Q: When Ralph dies, he has not made a will and is

When Ralph dies, he has not made a will and is survived by many relatives—a spouse, children, adopted children, sisters, brothers, uncles, aunts, cousins, nephews, and nieces. What determines who inhe...