Questions from Business Law


Q: How does bankruptcy law benefit debtors and creditors?

How does bankruptcy law benefit debtors and creditors?

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Q: Indiana Auto Sales & Repair repossessed an automobile from one of its

Indiana Auto Sales & Repair repossessed an automobile from one of its debtors. Indiana Auto paid an independent contractor $30 to repossess the car. The contractor’s 15-year-old, unlicensed employee w...

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Q: In May 1990, Gerald Gaucher entered into a Retail Installment Contract

In May 1990, Gerald Gaucher entered into a Retail Installment Contract and Security Agreement with Cold Springs RV Corp. This agreement provided for the purchase of a travel trailer. In the agreement,...

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Q: Fordyce Bank & Trust Company (Bank) issued several loans to

Fordyce Bank & Trust Company (Bank) issued several loans to Bean Timberland (Bean) so that Bean could purchase timber from various landowners. Bean gave the bank security interests in the purchased ti...

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Q: Who can serve as an agent or a principal?

Who can serve as an agent or a principal?

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Q: Thomas Kimbro, a Department of Public Safety (DPS) officer

Thomas Kimbro, a Department of Public Safety (DPS) officer, was the driver of a state-owned vehicle that struck Brystal McCloud’s vehicle on April 1, 2005. Kimbro normally worked in Phoenix, where he...

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Q: Julaju drove a taxi on a part-time basis for El

Julaju drove a taxi on a part-time basis for El Palmar Taxi, Inc., usually only on Sundays and sometimes on Mondays. He worked an unrelated job on the remaining days of the week. Julaju was given cert...

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Q: What are the similarities and differences between the types of agency relationships

What are the similarities and differences between the types of agency relationships?

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Q: Why is it important to determine whether a worker is an independent

Why is it important to determine whether a worker is an independent contractor or an employee?

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Q: How is apparent agency, or agency by estoppel, different from

How is apparent agency, or agency by estoppel, different from expressed agency?

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