Questions from Business Law


Q: Are directors expected to make corporate decisions solely on the basis of

Are directors expected to make corporate decisions solely on the basis of their own knowledge and training?

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Q: Suppose that the target’s board believes the tender offer is inadequate.

Suppose that the target’s board believes the tender offer is inadequate. What might the board do in response to the offer?

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Q: In the context of a takeover, or any other circumstances,

In the context of a takeover, or any other circumstances, how do directors best fulfill their fiduciary duties to shareholders?

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Q: Does Adrian’s lien have priority over, for example, a bank

Does Adrian’s lien have priority over, for example, a bank that financed the Swords’ purchase of the cabin?

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Q: If Adrian had painted the Swords’ car, instead of their cabin

If Adrian had painted the Swords’ car, instead of their cabin, and had kept possession of the car until they paid for the work, would his lien have had priority over, for example, a bank that financed...

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Q: How does the Truth-in-Lending Act (TILA)

How does the Truth-in-Lending Act (TILA) protect borrowers and curb abusive practices by mortgage lenders?

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Q: Is a debtor's failure to make a payment on a student loan

Is a debtor's failure to make a payment on a student loan or present inability to make payments sufficient to undue hardship?

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Q: What action might Dakota have taken to avoid becoming a victim in

What action might Dakota have taken to avoid becoming a victim in this problem?

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Q: Would the court have ruled that Tanya had an insurable interest in

Would the court have ruled that Tanya had an insurable interest in the house if she had not invested money in it?

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Q: What is “something of legally sufficient value”?

What is “something of legally sufficient value”?

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