Questions from Business Law

Q: Home Indemnity, an insurance company, paid one of its insureds

Home Indemnity, an insurance company, paid one of its insureds after the theft of his car. The car reappeared in another State and was sold to Michael Schrier for $4,300 by a used car dealer. The deal...

Q: Mike Moses purchased a mobile home, including installation, from Gary

Mike Moses purchased a mobile home, including installation, from Gary Newman. Newman delivered the home to Moses’s lot. Upon inspection of the home, Moses’s fiancée found a broken window and water pip...

Q: United Road Machinery Company, a dealer in heavy road equipment (

United Road Machinery Company, a dealer in heavy road equipment (including truck scales supplied by Thurman Scale Company), received a telephone call on July 21 from James Durham, an officer of Consol...

Q: John P. Butler Accountancy Corporation agreed to audit the financial statements

John P. Butler Accountancy Corporation agreed to audit the financial statements of Westside Mortgage, Inc., a mortgage company that arranged financing for real property, for the year ending December 3...

Q: James Norwood bought one hundred ninety heifers in Valentine, Nebraska,

James Norwood bought one hundred ninety heifers in Valentine, Nebraska, and then delivered them to Kevin Asbury in Missouri to care for them. Norwood and Asbury were merchants with regard to cattle. W...

Q: Jordan Panel Systems, Inc., ordered custom-made windows from

Jordan Panel Systems, Inc., ordered custom-made windows from Windows, Inc. The purchase contract provided that the windows were to be shipped properly packaged for motor freight transit and “delivered...

Q: Shell Oil Company leased to Flying Tiger Line a gasoline tank truck

Shell Oil Company leased to Flying Tiger Line a gasoline tank truck with a movable ladder for refueling certain types of aircraft. Under the terms of the lease, Flying Tiger was to maintain the equipm...

Q: Raymond and Sandra Duford purchased a wood- burning stove from Sears

Raymond and Sandra Duford purchased a wood- burning stove from Sears. The stove was manufactured by Preway, Inc. At trial, it was shown that Raymond had inadvertently installed the section of the chim...

Q: Appalachian is a coal hauling company in southern West Virginia. Appalachian

Appalachian is a coal hauling company in southern West Virginia. Appalachian purchased four new Mack trucks for off-road coal hauling. Appalachian purchased three of the trucks for $165,000 each and t...

Q: Kenco buys mobile homes from the factory and sells them to the

Kenco buys mobile homes from the factory and sells them to the consumer. Sometimes, it contracts to sell a home that the factory has not yet built. It has a virtually unlimited supply of product. On S...