Questions from Business Law


Q: 1. Gerard, an events promoter and coordinator, promises to

1. Gerard, an events promoter and coordinator, promises to stage a concert for the benefit of Kids Care, a charitable organization dedicated to helping disadvantaged youth. In reliance on the anticipa...

See Answer

Q: 1. On May 1. Franco sells you, a minor

1. On May 1. Franco sells you, a minor, an electric guitar and amplifier. On June 1, you attain the age of majority. On June 5, Franco is offered a considerably larger sum of money by Garth for the in...

See Answer

Q: 1. As the keyboardist for Mirror Image, you move with

1. As the keyboardist for Mirror Image, you move with the band to New York as part of a six-album recording and performing agreement with Omni Music, Inc. Perla, an accountant licensed in California,...

See Answer

Q: 1. You own Chords, a music store. You have

1. You own Chords, a music store. You have a basic knowledge of bookkeeping—you can balance a checkbook—but you are not an accountant. Dana, a local bass guitarist and entrepreneur, offers to buy Chor...

See Answer

Q: 1. You begin your career in music as a keyboardist,

1. You begin your career in music as a keyboardist, writing songs for Lifelong, a faith-based rock group. With success comes the opportunity to record for Masterworx Studios, where you pick up the ski...

See Answer

Q: When is a contract so ambiguous that a court may have to

When is a contract so ambiguous that a court may have to interpret its terms?

See Answer

Q: 1. You and your country group Haze perform before an enthusiastic

1. You and your country group Haze perform before an enthusiastic crowd at the Idyll County Fair. Jack, the owner of a local club, sees you perform and likes what he sees. Without a written contract,...

See Answer

Q: 1. With the profits from Sportz!, a successful pop-

1. With the profits from Sportz!, a successful pop-rock album, you make a down payment on an isolated ranch on which you arrange for the construction of a sports park. The park includes grassy fields...

See Answer

Q: 1. As a beginning songwriter and performer, you are convinced

1. As a beginning songwriter and performer, you are convinced that a certain model of electric guitar is what you need to turn the musical world on its ear. Chick’s Music Store advertises the item but...

See Answer

Q: 1. Sassy Brass Instrument Co. owns a warehouse where it

1. Sassy Brass Instrument Co. owns a warehouse where it stores its inventory of band and orchestral instruments. In your capacity of band director for a school district, you order seventy-six trombone...

See Answer