Questions from Business Law

Q: What is the distinction between a general partnership and a limited partnership

What is the distinction between a general partnership and a limited partnership?

Q: Explain why a cooperative could not claim to be a syndicate.

Explain why a cooperative could not claim to be a syndicate.

Q: Suppose you were asked to review and assess a franchise agreement.

Suppose you were asked to review and assess a franchise agreement. What responsibilities would you expect to be included in that agreement?

Q: 1-800-Got Junk? is a junk removal franchise

1-800-Got Junk? is a junk removal franchise business headquartered in Vancouver, British Columbia, Canada. In late 2003, Got Junk entered a franchise agreement with Millenium Asset Recovery, Inc. The...

Q: Chic Miller operated a General Motors (GM) franchise car dealership

Chic Miller operated a General Motors (GM) franchise car dealership. His written franchise agreement with GM stipulated that Miller had to maintain a floor-plan financing agreement with a lender to en...

Q: Margaret Miller operated an H&R Block tax- preparation franchise

Margaret Miller operated an H&R Block tax- preparation franchise for 15 years. She hired William Hehlen as an income tax return preparer for five years, from 1997 to 2001. Each year, Miller and Hehlen...

Q: Harvey Pierce was a work-release inmate from the local county

Harvey Pierce was a work-release inmate from the local county jail who worked at an Arby’s franchise restaurant owned by Dennis Rasmussen, Inc. (DRI). One day in June 1999, Pierce walked off the job w...

Q: Explain the three threshold requirements a plaintiff must meet before he or

Explain the three threshold requirements a plaintiff must meet before he or she can file a lawsuit.

Q: Compare and contrast common stock and preferred stock.

Compare and contrast common stock and preferred stock.

Q: Peter Smejkal was a corporate officer and director of J.A

Peter Smejkal was a corporate officer and director of J.A. Morrissey, Inc. (JAM), a construction company. While employed at JAM, Smejkal had his own excavation business and secretly performed excavati...