Questions from Business Law

Q: Holly Hill Acres, Ltd. (Holly Hill), purchased land

Holly Hill Acres, Ltd. (Holly Hill), purchased land from Rogers and Blythe. As part of its consideration, Holly Hill gave Rogers and Blythe a promissory note and mortgage. The note read, in part, “Thi...

Q: Murray Walter, Inc. (Walter, Inc.), was a

Murray Walter, Inc. (Walter, Inc.), was a general contractor for the construction of a waste treatment plant in New Hampshire. Walter, Inc., contracted with H. Johnson Electric, Inc. (Johnson Electric...

Q: FFP Operating Partners, L.P. (FFP Operating),

FFP Operating Partners, L.P. (FFP Operating), operates a number of convenience stores and gas stations. FFP Operating executed 31 promissory notes in favor of Franchise Mortgage Acceptance Company (FM...

Q: City Segway Tours of Washington DC, LLC (CST) operated

City Segway Tours of Washington DC, LLC (CST) operated tours where customers used Segway personal transportation vehicle to tour the city. Norman Mero and his significant other signed up for such a to...

Q: The United Arab Emirates (UAE), a country in the Middle

The United Arab Emirates (UAE), a country in the Middle East, held a competition for the architectural design of a new embassy it intended to build in Washington, DC. Elena Sturdza, an architect licen...

Q: Wells Fargo Credit Corporation (Wells Fargo) obtained a judgment of

Wells Fargo Credit Corporation (Wells Fargo) obtained a judgment of foreclosure on a house owned by Mr. and Mrs. Clevenger. The total indebtedness stated in the judgment was $207,141. The foreclosure...

Q: Adolfo Mozzetti, who owned a construction company, orally promised his

Adolfo Mozzetti, who owned a construction company, orally promised his son, Remo, that if Remo would manage the family business for their mutual benefit and would take care of him for the rest of his...

Q: Indiana Tri-City Plaza Bowl (Tri-City) leased

Indiana Tri-City Plaza Bowl (Tri-City) leased a building from Charles H. Glueck for use as a bowling alley. The lease provided that Glueck was to provide adequate paved parking for the building. The l...

Q: Liz Claiborne, Inc. (Claiborne) is a large maker

Liz Claiborne, Inc. (Claiborne) is a large maker of sportswear in the United States and a well-known name in fashion, with sales of more than $1 billion per year. Claiborne distributes its products th...

Q: The County of Contra Costa, California, held a tax sale

The County of Contra Costa, California, held a tax sale in which it offered for sale a vacant piece of property located in the city of El Cerrito. Richard J. Schultz, a carpenter, saw the notice of th...