Questions from Business Law

Q: Sam owns an acre of land on Red River. The government

Sam owns an acre of land on Red River. The government dams the river. A lake forms behind the dam, covering Sam’s land. Does the government owe Sam anything? If so, what? If not, why not?

Q: What is the difference between expropriation and confiscation?

What is the difference between expropriation and confiscation?

Q: What is the federal legislation that significantly protects copyrights in the digital

What is the federal legislation that significantly protects copyrights in the digital age?

Q: Eve orally agrees to rent an apartment to Nancy for a six

Eve orally agrees to rent an apartment to Nancy for a six-month term. Is this lease enforceable if it is not in writing?

Q: Ann leases an office in Ted’s building for a one-year

Ann leases an office in Ted’s building for a one-year term. At the end of the period specified in the lease, the lease ends without notice, and possession of the office returns to Ted. If Ann dies dur...

Q: Lee’s will provides for a distribution of Lee’s property. First,

Lee’s will provides for a distribution of Lee’s property. First, the assets need to be collected and inventoried, however. They may also need to be appraised. Creditors’ claims must be sorted out. Fed...

Q: Itex Corporation would like to know what information federal agencies have about

Itex Corporation would like to know what information federal agencies have about its business operations, so that it will know what its competitors may be able to learn about it. Under what federal la...

Q: The Securities and Exchange Commission (SEC) makes rules regarding what

The Securities and Exchange Commission (SEC) makes rules regarding what disclosures must be made in a stock prospectus, prosecutes and adjudicates alleged violations, and prescribes punishment. This g...

Q: Would it be ethical for a U.S. firm to

Would it be ethical for a U.S. firm to choose not to do business in a foreign country that requires the use of its own language in the legal documents that govern the firm’s business transactions? Dis...

Q: A subsidiary of U.S.-based Helmerich & Payne International

A subsidiary of U.S.-based Helmerich & Payne International Drilling Company was incorporated under Venezuelan law. Helmerich supplied oil-drilling rigs to entities that were part of the government of...