Q: In March, Adrian Saylor sold government bonds owned exclusively by him
In March, Adrian Saylor sold government bonds owned exclusively by him and with $6,450 of the proceeds opened a savings account in a bank in the name of “Mr. or Mrs. Adrian M. Saylor.” In June of the...
See AnswerQ: Eldon’s Super Fresh Stores, Inc., is a corporation engaged in
Eldon’s Super Fresh Stores, Inc., is a corporation engaged in the retail grocery business. William Drexler was the attorney for and the corporate secretary of Eldon’s and was also the personal attorne...
See AnswerQ: Linda King was found liable to Charlotte Clement as the result of
Linda King was found liable to Charlotte Clement as the result of an automobile accident. King, who was insolvent at the time, declared bankruptcy and directed her attorney, Prestwich, to list Clement...
See AnswerQ: Rensselaer Water Company contracted with the city of Rensselaer to provide water
Rensselaer Water Company contracted with the city of Rensselaer to provide water to the city for use in homes, public buildings, industry, and fire hydrants. During the term of the contract a building...
See AnswerQ: McDonald's has an undeviating policy of retaining the absolute control over who
McDonald's has an undeviating policy of retaining the absolute control over who receives new franchises. McDonald’s granted to Copeland a franchise in Omaha, Nebraska. In a separate letter, it also gr...
See AnswerQ: While under contract to play professional basketball for the Philadelphia 76ers,
While under contract to play professional basketball for the Philadelphia 76ers, Billy Cunningham, an outstanding player, negotiated a three-year contract with the Carolina Cougars, another profession...
See AnswerQ: The Smooth Paving Company entered into a paving contract with the city
The Smooth Paving Company entered into a paving contract with the city of Chicago. The contract contained the clause “contractor shall be liable for all damages to buildings resulting from the work pe...
See AnswerQ: Pauline Brown was shot and seriously injured by an unknown assailant in
Pauline Brown was shot and seriously injured by an unknown assailant in the parking lot of National Supermarkets. Pauline and George Brown brought a negligence action against National, Sentry Security...
See AnswerQ: Anne, who was unemployed, registered with the Speedy Employment Agency
Anne, who was unemployed, registered with the Speedy Employment Agency. A contract was then made under which Anne, in consideration of such position as the agency would obtain for her, agreed to pay t...
See AnswerQ: Georgia purchased an option on Greenacre from Pamela for $10,
Georgia purchased an option on Greenacre from Pamela for $10,000. The option contract contained a provision by which Georgia promised not to assign the option contract without Pamela’s permission. Geo...
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