Questions from Business Law

Q: Henry Anderson filed a voluntary petition in a federal bankruptcy court for

Henry Anderson filed a voluntary petition in a federal bankruptcy court for relief under Chapter 11 of the Bankruptcy Code. The U.S. Department of the Treasury, through the Internal Revenue Service (IR...

Q: Tusa Office Solutions, Inc., a subsidiary of Tusa–Expo

Tusa Office Solutions, Inc., a subsidiary of Tusa–Expo Holdings, Inc., was the largest retail dealer in new furniture made by Knoll, Inc. A customer ordered Knoll furniture from Tusa Office, which order...

Q: David and Sharon Welsh filed a voluntary Chapter 13 petition in a

David and Sharon Welsh filed a voluntary Chapter 13 petition in a federal bankruptcy court. Their required schedules revealed the following assets: a home in Missoula, Montana, valued at $400,000, enc...

Q: The defendant Christopher Jones met Andrea Woolston, a licensed realtor working

The defendant Christopher Jones met Andrea Woolston, a licensed realtor working as an independent contractor [for NRT New England, LLC, doing business as Coldwell Banker Residential Brokerage], in Oct...

Q: Nissan North America, Inc., makes and sells Infiniti autos,

Nissan North America, Inc., makes and sells Infiniti autos, including a sport utility vehicle called the FX. According to Nissan, its marketing brochures for the FX contain many statements that are me...

Q: Evan Roberts purchased a used vehicle from Lanigan Auto Sales in September

Evan Roberts purchased a used vehicle from Lanigan Auto Sales in September 2009. Roberts and Lanigan executed a purchase contract, which contained a clause stating the vehicle is “sold as is without a...

Q: Sue uses her smartphone to purchase a video security system for her

Sue uses her smartphone to purchase a video security system for her architectural firm from Tipton, Inc., a company located in a different state. The system arrives a month after the projected deliver...

Q: Approximately 90 United States citizens (or the representatives of their estates

Approximately 90 United States citizens (or the representatives of their estates) are attempting to collect on unsatisfied money judgments that they hold against the Islamic Republic of Iran for death...

Q: Moonmouth Co. SA bought stock in Carlyle Capital Corp., Ltd

Moonmouth Co. SA bought stock in Carlyle Capital Corp., Ltd. (CCC), an investment fund, under a subscription agreement. Moonmouth was incorporated in the British Virgin Islands, and CCC was incorporat...

Q: Miracle Faith World Outreach, Inc., a religious corporation, was

Miracle Faith World Outreach, Inc., a religious corporation, was founded by Bobby and Christine Davis in 1964. The Miracle Faith World Outreach Church started with prayer meetings in Christine’s mothe...