Questions from Business Law


Q: Integrate the concept of assignments with the concept of delegations.

Integrate the concept of assignments with the concept of delegations.

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Q: Why is it that incidental beneficiaries cannot enforce rights under a contract

Why is it that incidental beneficiaries cannot enforce rights under a contract? Should they be able to enforce such rights?

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Q: Explain the difference between an assignor’s liability and a delegator’s liability after

Explain the difference between an assignor’s liability and a delegator’s liability after rights have been transferred to a third party.

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Q: Explain the desirability to business of allowing a transfer of rights or

Explain the desirability to business of allowing a transfer of rights or duties to third parties.

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Q: An investor brought suit against an architect after the investor lost $

An investor brought suit against an architect after the investor lost $600,000 in a failed project. To develop the project, a real estate empire in Chicago, an LLC, the Burnham Station, was created by...

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Q: Explain the difference between legal and equitable remedies.

Explain the difference between legal and equitable remedies.

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Q: Describe the various types of rule making.

Describe the various types of rule making.

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Q: Energy cooperative Hoosier Energy sought to move depreciation deductions that it could

Energy cooperative Hoosier Energy sought to move depreciation deductions that it could not use to John Hancock Life Insurance Company. Under the transaction, John Hancock would pay Hoosier Energy $300...

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Q: Explain how the existence of conditions subsequent and precedent affects the discharge

Explain how the existence of conditions subsequent and precedent affects the discharge of a contract.

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Q: When Barry Meyer asked Robyn Mitnick to marry him, he gave

When Barry Meyer asked Robyn Mitnick to marry him, he gave her an engagement ring that cost $19,500. Before the marriage, he asked her to sign a prenuptial agreement. She refused, and the engagement w...

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