Questions from Business Law

Q: Suppose that a foreign nation does not prosecute cyber criminals and does

Suppose that a foreign nation does not prosecute cyber criminals and does not cooperate with U.S. authorities to investigate cyber crimes against U.S. citizens. What effect might this have on the dete...

Q: Define the terms contract, promise, and breach of contract.

Define the terms contract, promise, and breach of contract.

Q: Suppose that the concertgoer claimed to have recorded the concert by “

Suppose that the concertgoer claimed to have recorded the concert by “mistake.” Would a court accept such an assertion to excuse a party’s breach?

Q: Assuming that the parties had not included an expiration date for their

Assuming that the parties had not included an expiration date for their settlement offers and could revoke them at any time, what actions might have constituted an effective revocation?

Q: How can an offeror or offeree terminate an offer?

How can an offeror or offeree terminate an offer?

Q: When would one party’s acceptance of the other’s terms have been considered

When would one party’s acceptance of the other’s terms have been considered binding in this situation?

Q: Gustavo offers to buy Donna’s business—Donna’s Dry Cleaners—and

Gustavo offers to buy Donna’s business—Donna’s Dry Cleaners—and to pay Donna $50,000 in exchange. Donna accepts and gives the keys to the shop and papers of ownership to Gustavo. Is there considerat...

Q: Steven wants to make a binding promise to give $30,

Steven wants to make a binding promise to give $30,000 of stock in DP Chemical Corporation to his son Doug. Knowing that a gratuitous promise is not binding, Steven writes out and signs a false state...

Q: Did Sierra have the contractual capacity to enter into a contract?

Did Sierra have the contractual capacity to enter into a contract? Why or why not?

Q: Suppose that Sierra stated she was eighteen years old when she signed

Suppose that Sierra stated she was eighteen years old when she signed the arbitration agreement. How might this affect her right to disaffirm it?