Questions from Business Law


Q: Julia contracts to sell to Hayden, an ice cream manufacturer,

Julia contracts to sell to Hayden, an ice cream manufacturer, the amount of ice Hayden may need in his business for the ensuing three years to the extent of not more than 250 tons a week at a stated p...

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Q: Brown enters into a written contract with Ideal Insurance Company under which

Brown enters into a written contract with Ideal Insurance Company under which, in consideration of Brown’s payment of her premiums, the insurance company promises to pay Williams College the face amou...

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Q: Walter Duester purchased a John Deere combine from St. Paul Equipment

Walter Duester purchased a John Deere combine from St. Paul Equipment. John Deere Co. was the lender and secured party under the agreement. The combine was pledged as collateral. Duester defaulted on...

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Q: Grant and Debbie enter into a contract binding Grant personally to do

Grant and Debbie enter into a contract binding Grant personally to do some delicate cabinetwork. Grant assigns his rights and delegates performance of his duties to Clarence. (a) On being informed of...

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Q: Rebecca owes Lewis $2,500 due on November 1.

Rebecca owes Lewis $2,500 due on November 1. On August 15, Lewis assigns this right for value received to Julia, who gives notice on September 10 of the assignment to Rebecca. On August 25, Lewis assi...

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Q: Lisa hired Jay in the spring, as she had for many

Lisa hired Jay in the spring, as she had for many years, to set out in beds the flowers Lisa had grown in her greenhouses during the winter. The work was to be done in Lisa’s absence for $300. Jay bec...

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Q: Rafferty was the principal shareholder in Continental Corporation, and, as

Rafferty was the principal shareholder in Continental Corporation, and, as a result, he received the lion’s share of Continental Corporation’s dividends. Continental Corporation was anxious to close a...

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Q: In a contract drawn up by Goldberg Company, it agreed to

In a contract drawn up by Goldberg Company, it agreed to sell and Edwards Contracting Company agreed to buy wood shingles at $650. After the shingles were delivered and used, Goldberg Company billed E...

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Q: Halsey, a widower, was living without family or housekeeper in

Halsey, a widower, was living without family or housekeeper in his house in Howell, New York. Burns and his wife claim that Halsey invited them to give up their house and business in Andover, New York...

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Q: Ethel Greenberg acquired the ownership of the Carlyle Hotel on Miami Beach

Ethel Greenberg acquired the ownership of the Carlyle Hotel on Miami Beach but had little experience in the hotel business. She asked Miller to participate in and counsel her operation of the hotel, w...

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