Questions from Business Law

Q: Eligio Gaitan borrowed the funds to buy real property at 4520 W

Eligio Gaitan borrowed the funds to buy real property at 4520 W. Washington St. in Downers Grove, Illinois, and signed a note payable to Encore Credit Corp. Encore indorsed the note in blank. When Gai...

Q: Ethicon, Inc., entered into an agreement with UPS Supply Chain

Ethicon, Inc., entered into an agreement with UPS Supply Chain Solutions, Inc., to transport pharmaceuticals. Under a contract with UPS’s subsidiary, Worldwide Dedicated Services, drivers were provide...

Q: Guillermo and Guadalupe Albarran and their sons, Ruben and Rolando,

Guillermo and Guadalupe Albarran and their sons, Ruben and Rolando, owned R. Cleaning Impact, Inc. (RCI). Neresh Kumar owned Amba II, Inc., a check-cashing business. The Albarrans cashed checks throug...

Q: Euro International Mortgage, Inc. (EIM), held two accounts

Euro International Mortgage, Inc. (EIM), held two accounts—Account 9378 and Account 3998—at Bank of America. Ravi Kadiyala was an authorized signatory on Account 9378 but not on Account 3998. Through...

Q: Michael Scotto borrowed $2,970 from Cindy Vinueza. Both

Michael Scotto borrowed $2,970 from Cindy Vinueza. Both of their signatures appeared at the bottom of a note that stated, “I, Michael Scotto, owe Cindy Vinueza $2,970 (two thousand and nine-hundred-an...

Q: Kindred Nursing Centers East, LLC, owns and operates Whitesburg Gardens

Kindred Nursing Centers East, LLC, owns and operates Whitesburg Gardens, a physical rehabilitation facility in Huntsville, Alabama. Lorene Jones was admitted to the facility following knee-replacement...

Q: William Moore owned Moore Enterprises, a wholesale tire business. William’s

William Moore owned Moore Enterprises, a wholesale tire business. William’s son, Jonathan, worked as a Moore Enterprises employee while he was in high school. Later, Jonathan started his own business,...

Q: Jefferson Partners entered into a collective bargaining agreement (CBA) with

Jefferson Partners entered into a collective bargaining agreement (CBA) with the Amalgamated Transit Union. Under the CBA, employees had to either join the union or pay a fair share— 85 percent—of uni...

Q: New Houston Gold Exchange, Inc., (HGE) issued a

New Houston Gold Exchange, Inc., (HGE) issued a $3,500 check to Shelly McKee to buy a purportedly genuine Rolex watch. The check was postdated—that is, assigned a date later than the actual one. McKee...

Q: SDBC Holdings, Inc., acquired Stella D’oro Biscuit Company, a

SDBC Holdings, Inc., acquired Stella D’oro Biscuit Company, a bakery in New York City. At the time, a collective bargaining agreement existed between Stella D’oro and the Bakery, Confectionary, Tobacc...