Questions from Business Law

Q: Tandy purchased a washing machine from Marshall Appliances. The sales contract

Tandy purchased a washing machine from Marshall Appliances. The sales contract included a provision explicitly disclaiming all express or implied warranties, including the implied warranty of merchant...

Q: Macrotech, Inc., develops an innovative computer chip and obtains a

Macrotech, Inc., develops an innovative computer chip and obtains a patent on it. The firm markets the chip under the trademarked brand name “Flash.” Macrotech wants to sell the chip to Nitron, Ltd.,...

Q: The U.S. pineapple industry alleged that producers of canned

The U.S. pineapple industry alleged that producers of canned pineapple from the Philippines were selling their canned pineapple in the United States for less than its fair market value (dumping). In a...

Q: Taconic Plastics, Ltd., is a manufacturer incorporated in Ireland with

Taconic Plastics, Ltd., is a manufacturer incorporated in Ireland with its principal place of business in New York. Taconic enters into a contract with a German firm, Werner Voss Architects and Engine...

Q: Moon, a farmer, needs to install a two-thousand

Moon, a farmer, needs to install a two-thousand-pound piece of equipment in his barn. This will require lifting the equipment thirty feet up into a hayloft. Moon goes to Davidson Hardware and tells Da...

Q: Moore contracted in writing to sell her 2017 Hyundai Santa Fe to

Moore contracted in writing to sell her 2017 Hyundai Santa Fe to Hammer for $18,500. Moore agreed to deliver the car on Wednesday, and Hammer promised to pay the $18,500 on the following Friday. On Tu...

Q: Lehor collects antique cars. He contracts to purchase spare parts for

Lehor collects antique cars. He contracts to purchase spare parts for a 1938 engine from Beem. These parts are not made anymore and are scarce. To obtain the contract with Beem, Lehor agrees to pay 50...

Q: Adia owns a house and has an elderly third cousin living with

Adia owns a house and has an elderly third cousin living with her. Adia decides she needs fire insurance on the house and a life insurance policy on her third cousin to cover funeral and other expense...

Q: After graduating from college, Tina works briefly as a salesperson before

After graduating from college, Tina works briefly as a salesperson before filing for bankruptcy. Tina’s petition states that her only debts are student loans, taxes accruing within the last year, and...

Q: Alir owns 10,000 shares of Ajax Corp. Her shares

Alir owns 10,000 shares of Ajax Corp. Her shares represent a 10 percent ownership interest in Ajax. Zeta Corp. is interested in acquiring Ajax in a merger, and the board of directors of each corporati...