Questions from Business Law

Q: Mike agrees to sell one thousand espresso makers to Jenny to be

Mike agrees to sell one thousand espresso makers to Jenny to be delivered on May 1. Due to a strike, Mike can deliver the espresso makers two hundred at a time over a period of ten days, with the firs...

Q: Pic Post-Stars agrees to sell Ace Novelty five thousand posters

Pic Post-Stars agrees to sell Ace Novelty five thousand posters of celebrities, to be delivered on April 1. On March 1, Pic tells Ace, “The deal’s off.” Ace says, “I expect you to deliver. I’ll be wai...

Q: General Construction Company (GCC) tells Industrial Supplies, Inc.,

General Construction Company (GCC) tells Industrial Supplies, Inc., that it needs an adhesive to do a particular job. Industrial provides a five-gallon bucket of a certain brand. When it does not perf...

Q: Anchor, Inc., makes prewrapped mattress springs. Through an employee’s

Anchor, Inc., makes prewrapped mattress springs. Through an employee’s carelessness, an improperly wrapped spring is sold to Bloom Company, which uses it in the manufacture of a mattress. Bloom sells...

Q: Top Electronics, Inc., advertises GEM computers at a low price

Top Electronics, Inc., advertises GEM computers at a low price. Top keeps only a few in stock and tells its sales staff to switch consumers attracted by the price to more expensive brands. Top tells i...

Q: Sweet Candy Company wants to sell its candy in a normal-

Sweet Candy Company wants to sell its candy in a normal-sized package labeled “Gigantic Size.” Fine Fabrics, Inc., wants to advertise its sweaters as having “That Wool Feel,” but does not want to spec...

Q: Jim owes Sherry $700. Sherry asks Jim to sign a

Jim owes Sherry $700. Sherry asks Jim to sign a negotiable instrument regarding the debt. Which of the following, if included on that instrument, would make its negotiable: “I.O.U. $700,” “I promise t...

Q: Jack Caldwell gets his paycheck from his employer, indorses the back

Jack Caldwell gets his paycheck from his employer, indorses the back of the check by signing his name, and goes to cash it at his credit union. On the way, he loses the check. Paige finds the check. H...

Q: Which trademarks are protected by the law?

Which trademarks are protected by the law?

Q: Adam issues a $500 note to Bill due six months from

Adam issues a $500 note to Bill due six months from the date is¬sued. One month later, Bill negotiates the note to Carol for $250 in cash and a check for $250. To what extent is Carol an HDC of the no...