Questions from Business Law

Q: Paradise Pools, Inc. (PPI) entered into a contract

Paradise Pools, Inc. (PPI) entered into a contract with Vittorio, LLP, to build a pool as part of a hotel being developed by Takahashi Development. PPI built the pool, but Vittorio, the general contra...

Q: Alitech Corp. is a small midwestern business that owns a valuable

Alitech Corp. is a small midwestern business that owns a valuable patent. Alitech has approximately a thousand shareholders with 100,000 authorized and outstanding shares. Block Corp. would like to ha...

Q: Estrada Hermanos, Inc., a corporation incorporated and doing business in

Estrada Hermanos, Inc., a corporation incorporated and doing business in Florida, decides to sell $1 million worth of its common stock to the public. The stock will be sold only within the state of Fl...

Q: Huron Corp. has 300,000 common shares outstanding. The

Huron Corp. has 300,000 common shares outstanding. The owners of these outstanding shares live in several different states. Huron has decided to split the 300,000 shares two for one. Will Huron Corp....

Q: For decades, the Federal Trade Commission (FTC) resolved fair

For decades, the Federal Trade Commission (FTC) resolved fair trade and advertising disputes through individual adjudications. In the 1960s, the FTC began promulgating rules that defined fair and unfa...

Q: Assume that the Food and Drug Administration (FDA), using proper

Assume that the Food and Drug Administration (FDA), using proper procedures, adopts a rule describing its future investigations. This new rule covers all future circumstances in which the FDA wants to...

Q: Andrew, a resident of California, received an advertising circular in

Andrew, a resident of California, received an advertising circular in the U.S. mail announcing a new line of regional cookbooks distributed by the Every-Kind Cookbook Co. Andrew didn’t want any books...

Q: Moonbay is a homebuilding corporation that primarily develops retirement communities. Farmtex

Moonbay is a homebuilding corporation that primarily develops retirement communities. Farmtex owns a number of feedlots in Sunny Valley. Moonbay purchases 20,000 acres of farmland in the same area and...

Q: Jorge’s Appliance Corp. was a new retail seller of appliances in

Jorge’s Appliance Corp. was a new retail seller of appliances in Sunrise City. Because of its innovative sales techniques and financing, Jorge’s attracted many customers. As a result, the appliance de...

Q: Alyssa owes Don $5,000 and refuses to pay.

Alyssa owes Don $5,000 and refuses to pay. Don obtains a garnishment order and serves it on Alyssa’s employer. If the employer complies with the order and Alyssa stays on the job, is one order enough...