Questions from Business Law

Q: 1. At approximately 7:50 pm bells at the train

1. At approximately 7:50 pm bells at the train station rang and red lights flashed, signaling an express train’s approach. David Harris walked onto the tracks, ignoring a yellow line painted on the pl...

Q: 1. Chitika, Inc. provided online tracking tools on websites

1. Chitika, Inc. provided online tracking tools on websites. When consumers clicked the “opt-out” button, indicating that they did not want to be tracked, they were not – for ten days. After that, the...

Q: What are the advantages and disadvantages of hiring a lawyer to draft

What are the advantages and disadvantages of hiring a lawyer to draft or review a contract?

Q: What are the penalties if Artist breaches the movie contract? Are

What are the penalties if Artist breaches the movie contract? Are these reasonable? Too heavy? Too light?

Q: 1. Interactive Data Corp. hired Daniel Foley as an assistant

1. Interactive Data Corp. hired Daniel Foley as an assistant product manager at a starting salary of $18,500. Over the next six years Interactive steadily promoted Foley until he became Los Angeles br...

Q: 1. On television and in magazines, Maurine and Mamie Mason

1. On television and in magazines, Maurine and Mamie Mason saw numerous advertisements for Chrysler Fifth Avenue automobiles. The ads described the car as “luxurious,” “quality-engineered,” and “relia...

Q: 1. An actor, exhausted after his 10-hour workweek

1. An actor, exhausted after his 10-hour workweek, agrees to buy a briefcase full of cocaine from Lewis for $12,000. John and the actor have a ______________ contract. A. valid B. unenforceable C. v...

Q: 1. Richard Griffin and three other men owned a grain company

1. Richard Griffin and three other men owned a grain company called Bearhouse, Inc., which needed to borrow money. First National Bank was willing to loan $490,000, but insisted that the four men sign...

Q: 1. Intercontinental Metals Corp. (IMC) contracted with the

1. Intercontinental Metals Corp. (IMC) contracted with the accounting firm of Cherry, Bekaert & Holland to perform an audit. Cherry issued its opinion about IMC, giving all copies of its report direct...

Q: 1. Give an example of three types of contracts that should

1. Give an example of three types of contracts that should definitely be in writing, and one that probably does not need to be. 2. List three provisions in a contract that would be material, and thre...