Questions from Business Law

Q: In May, Watts was awarded a construction contract, based on

In May, Watts was awarded a construction contract, based on its low bid, by the Cullman County Commission. The contract provided that it would not become effective until approved by the state director...

Q: K & G Construction Co. was the owner of and the

K & G Construction Co. was the owner of and the general contractor for a housing subdivision project. Harris contracted with the company to do excavating and earth-moving work on the project. Certain...

Q: Mountain Restaurant Corporation (Mountain) leased commercial space in the ParkCenter

Mountain Restaurant Corporation (Mountain) leased commercial space in the ParkCenter Mall to operate a restaurant called Zac’s Grill. The lease specified that the shopping center should always have as...

Q: By contract dated January 5, Rebecca agreed to sell to Nancy

By contract dated January 5, Rebecca agreed to sell to Nancy, and Nancy agreed to buy from Rebecca, a certain parcel of land then zoned commercial. The specific intent of Nancy, which was known to Reb...

Q: In late 2011 or early 2012, the plaintiff, Lan England

In late 2011 or early 2012, the plaintiff, Lan England, agreed to sell 258,363 shares of stock to the defendant, Eugene Horbach, for $2.75 per share, for a total price of $710,498.25. Although the pur...

Q: An artist once produced a painting now called The Plains of Meudon

An artist once produced a painting now called The Plains of Meudon. For a while, the parties in this case thought that the artist was Theodore Rousseau, a prominent member of the Barbizon school, and...

Q: The Perfection Produce Company entered into a written contract with Hiram Hodges

The Perfection Produce Company entered into a written contract with Hiram Hodges for the purchase of 300 tons of potatoes to be grown on Hodge’s farm in Maine at a stipulated price per ton. Although t...

Q: On November 23, Sally agreed to sell to Bart her Buick

On November 23, Sally agreed to sell to Bart her Buick automobile for $7,000, delivery and payment to be made on December 1. On November 26, Bart informed Sally that he wished to rescind the contract...

Q: Webster, Inc., dealt in automobile accessories at wholesale. Although

Webster, Inc., dealt in automobile accessories at wholesale. Although it manufactured a few items in its own factory, among them windshield wipers, Webster purchased most of its inventory from a large...

Q: Erwick Construction Company contracted to build a house for Charles. The

Erwick Construction Company contracted to build a house for Charles. The specifications called for the use of Karlene Pipe for all plumbing. Erwick, nevertheless, got a better price on Boynton Pipe an...