Questions from Business Law

Q: Designer Surfaces, Inc., fabricated and installed countertops. Designer’s corporate

Designer Surfaces, Inc., fabricated and installed countertops. Designer’s corporate officers were Howard Berger and John McCarthy. The company bought materials from Arizona Tile, LLC, on an open accou...

Q: Douglas and Archondoula Edmonds borrowed funds from Chase Bank USA, National

Douglas and Archondoula Edmonds borrowed funds from Chase Bank USA, National Association (N.A.), secured by a mortgage on real property in Cape Coral, Florida. The mortgage required the lender to give...

Q: What must a plaintiff normally prove to establish defamation?

What must a plaintiff normally prove to establish defamation?

Q: Mortgage, Inc., issued Antonio Ibanez a $103,500

Mortgage, Inc., issued Antonio Ibanez a $103,500 home loan. The loan changed hands several times until, finally, U.S. Bank National Association (USBNA) held the mortgage. Ibanez defaulted. USBNA forec...

Q: Jeffrey Krueger and Michael Torres, shareholders of Cru Energy, Inc

Jeffrey Krueger and Michael Torres, shareholders of Cru Energy, Inc., were embroiled in litigation in a Texas state court, charging each other with attempts to control Cru through fraud. To delay the...

Q: American National Property and Casualty Co. issued a policy to Robert

American National Property and Casualty Co. issued a policy to Robert Houston to insure a residence and its contents against fire and other hazards. Twenty months later, Houston issued a deed to the p...

Q: First Brownsville Company borrowed funds from Beach Community Bank to build and

First Brownsville Company borrowed funds from Beach Community Bank to build and operate a mini-warehouse storage business. The loan was secured by a mortgage. First Brownsville defaulted on the paymen...

Q: Barbara Hann financed her education partially through $22,500 in

Barbara Hann financed her education partially through $22,500 in loans. Hann believed that she had repaid the loans, but when she later filed a Chapter 13 petition, Educational Credit Management Corp....

Q: American MultiCinema, Inc. (AMC) owns movie theaters.

American MultiCinema, Inc. (AMC) owns movie theaters. To determine the amount of taxes it owed to Texas, AMC subtracted its cost of goods sold (COGS) from its total revenue. AMC included the cost of s...

Q: Sara Simon lost her cellphone in Manhattan, Kansas. Days later

Sara Simon lost her cellphone in Manhattan, Kansas. Days later, Shawn Vargo contacted her, claiming to have the phone. He promised to mail it to her if she would wire him $100 through a third party, M...