Q: On May 7, Roy, a minor, a resident of
On May 7, Roy, a minor, a resident of Smithton, purchased an automobile from Royal Motors, Inc., for $12,750 in cash. On the same day, he bought a motor scooter from Marks, also a minor, for $1,750 an...
See AnswerQ: On October 1, George Jones entered into a contract with Johnson
On October 1, George Jones entered into a contract with Johnson Motor Company, a dealer in automobiles, to buy a used car for $10,600. He paid $1,100 down and, under the agreement, was to make monthly...
See AnswerQ: Rebecca entered into a written contract to sell certain real estate to
Rebecca entered into a written contract to sell certain real estate to Mary, a minor, for $80,000, payable $4,000 on the execution of the contract and $800 on the first day of each month thereafter un...
See AnswerQ: Anita sold and delivered an automobile to Marvin, a minor.
Anita sold and delivered an automobile to Marvin, a minor. Marvin, during his minority, returned the automobile to Anita, saying that he disaffirmed the sale. Anita accepted the automobile and said sh...
See AnswerQ: Ira, who in 2012 had been found not guilty of a
Ira, who in 2012 had been found not guilty of a criminal offense because of insanity, was released from a hospital for the criminally insane during the summer of 2013 and since that time has been a re...
See AnswerQ: Johnson and Wilson were the principal shareholders in Matthew Corporation, located
Johnson and Wilson were the principal shareholders in Matthew Corporation, located in the city of Jonesville, Wisconsin. This corporation was engaged in the business of manufacturing paper novelties,...
See AnswerQ: Adrian rents a bicycle from Barbara. The bicycle rental contract Adrian
Adrian rents a bicycle from Barbara. The bicycle rental contract Adrian signed provides that Barbara is not liable for any injury to the renter caused by any defect in the bicycle or the negligence of...
See AnswerQ: Emily was a Java programmer employed with Sun Microsystems in Palo Alto
Emily was a Java programmer employed with Sun Microsystems in Palo Alto, California. Upon beginning employment, Emily signed a contract which included a noncompetition clause that prevented her from t...
See AnswerQ: Certain partners of the Finley Kumble law firm signed promissory notes that
Certain partners of the Finley Kumble law firm signed promissory notes that secured loans made to the law firm by the National Bank of Washington (NBW). When Finley Kumble subsequently declared bankru...
See AnswerQ: Merrill Lynch employed Post and Maney as account executives. Both men
Merrill Lynch employed Post and Maney as account executives. Both men elected to be paid a salary and to participate in the firm’s pension and profit-sharing plans rather than take a straight commissi...
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