Questions from Business Law


Q: Sandra and Thomas McGuire entered into a purchase and sale agreement for

Sandra and Thomas McGuire entered into a purchase and sale agreement for “Becca’s Boutique” with Pascal and Rebecca Tursi. The agreement provided that the McGuires would buy the store for $75,000, wit...

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Q: On September 2, 2015, Levine executed a mortgage bond under

On September 2, 2015, Levine executed a mortgage bond under which she promised to pay the Mykoffs a preexisting obligation of $54,000. On October 14, 2021, the Mykoffs transferred the mortgage to Bank...

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Q: Eldon’s Super Fresh Stores, Inc., is a corporation engaged in

Eldon’s Super Fresh Stores, Inc., is a corporation engaged in the retail grocery business. William Drexler was the attorney for and the corporate secretary of Eldon’s and was also the personal attorne...

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Q: L&M Home Health Corporation (L&M) had

L&M Home Health Corporation (L&M) had a checking account with Wells Fargo Bank. L&M engaged Gentner and Company, Inc. (Gentner), to provide consulting services and paid Gentner for services rendered w...

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