Questions from Business Law

Q: Tanaka, a director and officer of Deep Hole Oil Company,

Tanaka, a director and officer of Deep Hole Oil Company, telephoned Romani for the purpose of buying 200 shares of Deep Hole Company stock owned by Romani. During the period of negotiations, Tanaka co...

Q: Venable Corporation has 750,000 shares of common stock outstanding,

Venable Corporation has 750,000 shares of common stock outstanding, which are owned by 640 shareholders. The assets of Venable Corporation are valued at more than $10 million. In March, Underhill bega...

Q: Keller, a professor of legal studies at Rhodes University, is

Keller, a professor of legal studies at Rhodes University, is a diligent instructor. Late one night, while reading a newly published, copyrighted treatise of 1,800 pages written by Gilbert, he came ac...

Q: The Coca-Cola Company manufactures a carbonated beverage, Coke,

The Coca-Cola Company manufactures a carbonated beverage, Coke, made from coca leaves and cola nuts. The Koke Company of America introduced into the beverage market a similar product named Koke. The C...

Q: At the start of the social season, Aunt Lavinia purchased a

At the start of the social season, Aunt Lavinia purchased a hula skirt in Sadie’s dress shop. The salesperson told her, “This superior garment will do things for a person.” Aunt Lavinia’s houseguest,...

Q: Vuitton, a French corporation, manufactures high-quality handbags,

Vuitton, a French corporation, manufactures high-quality handbags, luggage, and accessories. Crown Handbags, a New York corporation, manufactures and distributes ladies’ handbags. Vuitton handbags are...

Q: T.G.I. Friday’s, a New York corporation

T.G.I. Friday’s, a New York corporation and registered service mark, entered into an exclusive licensing agreement with Tiffany & Co. that allowed Tiffany to open a Friday’s restaurant in Jackson, Mis...

Q: As part of its business, Kinko’s Graphics Corporation (Kinko’s)

As part of its business, Kinko’s Graphics Corporation (Kinko’s) copied excerpts from books, compiled them in “packets,” and sold the packets to college students. Kinko’s did this without permission fr...

Q: In 1967, a Chicago brewer, Meister Brau, Inc.,

In 1967, a Chicago brewer, Meister Brau, Inc., began making and selling a reduced-calorie, reduced-carbohydrate beer under the name “LITE.” Late in 1968, that company filed applications to register “L...

Q: B. C. Ziegler and Company (Ziegler) was a

B. C. Ziegler and Company (Ziegler) was a securities company located in West Bend. It had established an internal procedure by which its customer lists were treated confidentially. This procedure incl...