Questions from Business Law

Q: Mercedes Connolly and her husband purchased airline tickets and a tour package

Mercedes Connolly and her husband purchased airline tickets and a tour package for a tour to South Africa from Judy Samuelson, a travel agent conducting business as International Tours of Manhattan. S...

Q: As a result of marital problems, Howard R. Bankerd “

As a result of marital problems, Howard R. Bankerd “left for the west,” and Virginia Bankerd, his wife, continued to reside in their jointly owned home. Before his departure, Howard executed a power o...

Q: Robert Bolus was engaged in various businesses in which he sold and

Robert Bolus was engaged in various businesses in which he sold and repaired trucks. He decided to build a truck repair facility in Bartonsville, Pennsylvania. Bolus contacted United Penn Bank (Bank)...

Q: Iota Management Corporation entered into a contract to purchase the Bel Air

Iota Management Corporation entered into a contract to purchase the Bel Air West Motor Hotel in the city of St. Louis from Boulevard Investment Company. The agreement contained the following warranty:...

Q: Hagues, husband and wife, owned a 160-acre tract

Hagues, husband and wife, owned a 160-acre tract that they decided to sell. They entered into a listing agreement with Harvey C. Hilgendorf, a licensed real estate broker, that gave Hilgendorf the exc...

Q: Jesse Spires was employed as a welder by Johnson Welded Products,

Jesse Spires was employed as a welder by Johnson Welded Products, Inc. Johnson Welded Products provides a lunchroom equipped with a microwave, refrigerator, and vending machine for sandwiches, snacks,...

Q: Marc Brandon worked for Warner Bros. Entertainment, Inc. (

Marc Brandon worked for Warner Bros. Entertainment, Inc. (Warner), as vice president of antipiracy internet operations. Brandon drove his car from his home in southern California to the Burbank Airpor...

Q: Yvonne Sanchez borrowed money from MBank to purchase an automobile. She

Yvonne Sanchez borrowed money from MBank to purchase an automobile. She gave MBank a security interest in the vehicle as collateral to secure the loan. When Sanchez defaulted on the loan, MBank hired...

Q: Ray Johnson and his 8-yearold son David were waiting for

Ray Johnson and his 8-yearold son David were waiting for a “Walk” sign before crossing a street in downtown Salt Lake City. A truck owned by Newspaper Agency Corporation (NAC) and operated by its empl...

Q: Dr. Graham Wood purchased a cashier’s check in the amount of

Dr. Graham Wood purchased a cashier’s check in the amount of $6,000 from Central Bank of the South (Bank). The check was made payable to Ken Walker and was delivered to him. Eleven months later, Bank’...