Questions from Business Law

Q: Ames, Bell, Cain, and Dole each orally ordered LCD

Ames, Bell, Cain, and Dole each orally ordered LCD (liquid crystal display) television sets from Marvel Electronics Company, which accepted the orders. Ames’s set was to be specially designed and enca...

Q: Moriarity and Holmes enter into an oral contract by which Moriarity promises

Moriarity and Holmes enter into an oral contract by which Moriarity promises to sell and Holmes promises to buy Blackacre for $10,000. Moriarity repudiates the contract by writing a letter to Holmes i...

Q: On March 1, Lucas called Craig on the telephone and offered

On March 1, Lucas called Craig on the telephone and offered to pay him $90,000 for a house and lot that Craig owned. Craig accepted the offer immediately on the telephone. Later in the same day, Lucas...

Q: Blair orally promises Clay to sell him five crops of potatoes to

Blair orally promises Clay to sell him five crops of potatoes to be grown on Blackacre, a farm in Idaho, and Clay promises to pay a stated price for them on delivery. Is the contract enforceable?

Q: Rachel leased an apartment to Bertha for a one-year term

Rachel leased an apartment to Bertha for a one-year term beginning May 1, at $800 a month, “payable in advance on the first day of each and every month of said term.” At the time the lease was signed,...

Q: Ann bought a car from the Used Car Agency (Used)

Ann bought a car from the Used Car Agency (Used) under a written contract. She purchased the car in reliance on Used’s agent’s oral representations that it had never been in a wreck and could be drive...

Q: Stanley A. Erb became a vice president of the Shearson Lehman

Stanley A. Erb became a vice president of the Shearson Lehman Brothers, Inc. branch office in Provo, Utah. That year, Erb was contacted by McKay Matthews, the controller for the Orem, Utah–based WordP...

Q: Mark, a minor, operates a one-man automobile repair

Mark, a minor, operates a one-man automobile repair shop. Rose, having heard of Mark’s good work on other cars, takes her car to Mark’s shop for a thorough engine overhaul. Mark, while overhauling Ros...

Q: Langstraat, age seventeen, owned a motorcycle that he insured against

Langstraat, age seventeen, owned a motorcycle that he insured against liability with Midwest Mutual Insurance Company. He signed a notice of rejection attached to the policy indicating that he did not...

Q: G.A.S. married his wife, S.

G.A.S. married his wife, S.I.S., on January 19, 1997. He began to have mental health problems in 2010; that year, he was hospitalized at the Delaware State Hospital for eight weeks. Similar illnesses...