Questions from Business Law

Q: While assistant treasurer of Travco Corporation, Frank Mitchell caused two checks

While assistant treasurer of Travco Corporation, Frank Mitchell caused two checks, each payable to a fictitious company, to be drawn on Travco’s account with Brown City Savings Bank. In each case, Mit...

Q: Green owed White $3,500, which was due and

Green owed White $3,500, which was due and payable on June 1. White owed Brown $3,500, which was due and payable on August 1. On May 25, White received a letter signed by Green stating, “If you will c...

Q: By written contract, Ames agreed to build a house on Bowen’s

By written contract, Ames agreed to build a house on Bowen’s lot for $145,000, commencing within ninety days of the date of the contract. Prior to the date for beginning construction, Ames informed Bo...

Q: Judy agreed in writing to work for Northern Enterprises, Inc.,

Judy agreed in writing to work for Northern Enterprises, Inc., for three years as superintendent of Northern’s manufacturing establishment and to devote herself entirely to the business, giving it her...

Q: On December 1, Euphonia, a famous singer, contracted with

On December 1, Euphonia, a famous singer, contracted with Boito to sing at Boito's theatre on December 31 for a fee of $45,000 to be paid immediately after the performance. (a) Euphonia, for value rec...

Q: Caleb, operator of a window-washing business, dictated a

Caleb, operator of a window-washing business, dictated a letter to his secretary addressed to Apartments, Inc., stating, “I will wash the windows of your apartment buildings at $4.10 per window to be...

Q: On April 1, members of Local 100, Transport Workers Union

On April 1, members of Local 100, Transport Workers Union of America (TWU), began an eleven-day mass transit strike that paralyzed the life and commerce of the city of New York. Jackson, Lewis, Schnit...

Q: Northwest Airlines leased space in the terminal building at the Portland Airport

Northwest Airlines leased space in the terminal building at the Portland Airport from the Port of Portland. Crosetti entered into a contract with the Port to furnish janitorial services for the buildi...

Q: Tompkins-Beckwith, as the contractor on a construction project,

Tompkins-Beckwith, as the contractor on a construction project, entered into a subcontract with a division of Air Metal Industries. Air Metal procured American Fire and Casualty Company to be surety o...

Q: The International Association of Machinists (the union) was the bargaining

The International Association of Machinists (the union) was the bargaining agent for the employees of Powder Power Tool Corporation. On August 24, the union and the corporation executed a collective b...