Questions from Business Law


Q: On or about May 12, 2009, plaintiff Colleen M.

On or about May 12, 2009, plaintiff Colleen M. Holmes signed and dated an Entry Form for the 2009 Susan G. Komen Race for the Cure (the Event) to be held on Saturday, June 13, 2009 [in St. Louis, Miss...

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Q: Donald Trump and Michael Sexton formed Trump University, LLC—later

Donald Trump and Michael Sexton formed Trump University, LLC—later known as Trump Entrepreneur Initiative, LLC (TEI)—to sell courses in real estate investing. To attract students, Trump made a promoti...

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Q: The case before this Court stems from a real estate transaction for

The case before this Court stems from a real estate transaction for a foreclosed car wash in Bellefontaine, Ohio. A court had appointed Patrick Shivley to be a receiver for the protection of the prope...

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Q: Vivian, owner of Wonder Goods Company, employs Xena as an

Vivian, owner of Wonder Goods Company, employs Xena as an administrative assistant. In Vivian’s absence, and without authority, Xena represents herself as Vivian and signs a promissory note in Vivian’...

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Q: Russell and Sally Kiker own a house on 134.5 acres

Russell and Sally Kiker own a house on 134.5 acres in Newton County Arkansas. On January 26, 2012, Mona Sloop contracted to purchase the house and the land for $850,000. The contract contained the fol...

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Q: Peter Fazio began talks with Cypress/GR Houston I, LP

Peter Fazio began talks with Cypress/GR Houston I, LP, to buy retail property whose main tenant was a Garden Ridge store. In performing a background investigation, Fazio and his agents became concerne...

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Q: Edward Hosch entered into four loan agreements with Citicapital Commercial Corporation to

Edward Hosch entered into four loan agreements with Citicapital Commercial Corporation to finance the purchase of heavy construction equipment. A few months later, Citicapital merged into Citicorp Leas...

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Q: NYKCool A.B., based in Stockholm, Sweden, provides

NYKCool A.B., based in Stockholm, Sweden, provides maritime transportation for hire. It is a subsidiary of NYK Reefers Limited, which operates as a subsidiary of Nippon Yusen Kabushiki Kaisha, one of...

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Q: In 1980, Dale Bozzio, Terry Bozzio, and Warren Cuccurullo

In 1980, Dale Bozzio, Terry Bozzio, and Warren Cuccurullo founded the band Missing Persons. As the band’s front woman, Dale Bozzio personified the sound and the look of the new wave scene in 1980s Los...

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Q: The plaintiff, Jacob & Youngs, Inc., was a builder

The plaintiff, Jacob & Youngs, Inc., was a builder that had contracted with George Kent to construct a country residence for him. A specification in the building contract required that “all wrought-ir...

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