Social Science

Introduction To Business Law Textbook Questions And Answers

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b Chapter: 30 -Problem: 4 /b The rules on wills are very exact. If the testator does not comply precisely, then the will is invalid. Suppose a man discovers that his daughter has broken virtually every law in this book – she has engaged in insider trading, price-fixing an

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Chapter: 30 -Problem: 4 >> The rules on wills are very exact. If the testator does not comply precisely, then the will is invalid. Suppose a man discovers that his daughter has broken virtually every law in this book – she has engaged in insider trading, price-fixing and fraud, to name a few. At his birthday party, the man says to the videographer, in front of 100 witnesses, “I have an appointment with my lawyer tomorrow bu
Answer Preview: Courts consider facts and truths to decide upon a case, even in …

, Chapter: 29 -Problem: 4 >> After a baseball game, Randy cannot find his car in the stadium parking lot. For the life of him, he cannot remember where he parked. He wanders down row after row for an hour, and then another hour. Eventually, he gives up and calls a cab.Is Randy’s car lost, abandoned, or mislaid? If Randy never returns to reclaim the car, who owns it?
Answer Preview: Basis of the case described above, let us jot down some main points, viz; 1. Randy was unable to lo…

, Chapter: 23 -Problem: 3 >> This post appeared on Instagram:khloekardashian Ever since I started taking two @sugarbearhair a day, my hair has been fuller and stronger than ever!! Even with all the heat and bleaching I do to it! #sugarbbearhairIs there anything wrong with that?
Answer Preview: Khloe Kardashian did not …

, Chapter: 14 -Problem: 1 >> Marco’s backyard pool, which measured 35 feet by 18 feet, needed a new filter. A sales brochure stated, “This filter will keep any normal backyard pool, up to 50 feet by 25, clean and healthy all summer for a minimum of 5 years.” Marcos signed a sales contract, which included this disclaimer: “The filter will work to normal industry standards. This is the only warranty. No other statements, writte
Answer Preview: Strategy: Sellers are often able to disclaim oral warranties, but usually not written …

, Chapter: 1 -Problem: 5 >> The father of an American woman killed in terrorist attacks in Paris sued Twitter, Facebook, and YouTube, alleging the sites knowingly allowed terrorists to recruit members, raise money, and spread extremist propaganda. The sites defended themselves by saying that their policies prohibit terrorist recruitment and that, when alerted to it, they quickly remove offending videos. What type of lawsuit
Answer Preview: The scope of the r…

, Chapter: 7 -Problem: 5 >> Andrew Greene sued Paramount Pictures for defamation arising out of the film “The Wolf of Wall Street.” Although the film did not use his name, Greene alleged that the fictitious toupee=wearing character Nicky “Rugrat” Kosksoff was based on him The film portrayed Rugrat as a “criminal, drug user, degenerate, depraved, and devoid of any morality or ethics.” What would Greene need to prove to be suc
Answer Preview: To prove defamation, a plaintiff must prove a defamatory statement that was false and communic…

, Chapter: 22 -Problem: 5 >> Between back taxes, alimony, child support, and student loans, debtors can leave the bankruptcy process with hundreds of thousands of dollars in debt that has not been discharged. What kind of fresh start is that? Should limits be placed on the total debt that cannot be discharged? Is the list of non-dischargeable debts appropriate?
Answer Preview: Incremental level of debt and excessive loans are definitely creating a huge impact on availability …

, Chapter: 30 -Problem: 5 >> What should intestacy laws provide? To whom would most people want their assets to automatically go?
Answer Preview: Intestacy refers to the condition of an estate of a person who dies w…

, Chapter: 4 -Problem: 3 >> The year is 1964. Ollie’s BBQ is a family-owned restaurant located on a state highway in Georgia, 11 blocks from an interstate highway. The restaurant does not allow African-Americans to eat inside; they must get takeout. More than half of the food serviced in the restaurant had passed through interstate commerce. According to Title II of the Civil Rights Act of 1964, the federal government has th
Answer Preview: The U S. Supreme Court ruled that discrimination in restaurants posed signifi…

, Chapter: 19 -Problem: 5 >> Title VII does not prohibit discrimination against people who are unattractive. Should it be amended to include looks?
Answer Preview: Provision must say, ' it is not allowed to act discrimina…

, Chapter: 20 -Problem: 4 >> Huma and Zuma want to start Spring High, a business that would take high school students on safe, educational trips during spring break. Eventually, they hope to seek venture capital money and expand the business nationally. After reading up on the legal issues online, Huma thinks Spring High should be a close corporation, while Zuma proposes that it be an S corporation. Neither thinks they should
Answer Preview: At the moment, they could qualify as a close corporation because they only have two sharehol…

, Chapter: 6 -Problem: 1 >> The police arrested James and Will for murder. Will’s trial was first. He was acquitted because his minister testified that they had spent the evening of the murder playing Scrabble together. Later, at James’s trial Will admitted to having committed the murder, so James was acquitted. Why would Will confess:
Answer Preview: Will was free to confess because he cou…

, Chapter: 8 -Problem: 4 >> Jane Doe, an aspiring model, created a profile on ModelMayhem.com, a networking website for models. Two men used the site to lure her to a fake audition, where they drugged and sexually assaulted her and recorded a video of the act for sale as internet porn. The website had reason to know that some men posed as fake talent scouts. Doe sued ModelMayhem, alleging that the site knew of her assailants
Answer Preview: California law imposes a duty to warn a potential victim of third-party harm when a pe…

, Chapter: 1 -Problem: 1 >> More U.S. law originates from one country than from any other. Which country?(a) France(b) England(c) Germany(d) Spain(e) Canada
Answer Preview: (b…

, Chapter: 10 -Problem: 4 >> Raul makes an offer to Tina. He says, “I’ll sell you this briefcase for $100.” Describe four ways in which this offer might be terminated.
Answer Preview: An offer may be t…

, Chapter: 7 -Problem: 1 >> In the Exxon Valdez case, the Supreme Court limited punitive damages in maritime cases to no more than the compensatory damages awarded in the same case. In cases that do not involve maritime law, the ratio is usually limited to 9-to-1. Which is the better guideline? Why?
Answer Preview: From the EV scenario, the ruling by the Supreme Court was a 5-3 decisio…

, Chapter: 28 -Problem: 5 >> In 1931, ‘Rose Ray purchased a cottage in the Adirondacks. Although the home was hers, the land belonged to a landlord, who agreed to give her a long-term lease. In 1960, the landlord terminated the land lease and sole the entire area to a developer. In 1963, Ray’s son and his wife re-entered the cottage and began to use it one month a year, for 25 years. They paid property taxes, bought insurance
Answer Preview: The Rays win. They did acquire title by adverse possession. Defendants argu…

, Chapter: 6 -Problem: 2 >> In some countries, bribery is common and widely accepted. What is wrong with bribery, anyway? Why should it be illegal for American companies to pay bribes in countries where everyone else is?
Answer Preview: According to business, A bribe is an illegal act involving the exchange of consideration, such as money, with the purpose of influencing behavior. In business, it is illegal to bribe public officials …

, Chapter: 18 -Problem: 5 >> The Teamsters Union is attempting to organize the drivers at We Haul trucking company. Workers who favor a union have been using the lunchroom to hand out petitions and urge other drivers to sign authorization cards. The company posts a notice in the lunchroom: “Many employees do not want unions discussed in the lunchroom. Out of respect for them, we are prohibiting further union efforts in this l
Answer Preview: No. Employees are entitle…

, Chapter: 4 -Problem: 2 >> Should administrative agencies be able to “tell business what to do”? Do you favor administrative regulations on the environment, safety, and discrimination, or do they amount to “big government”?
Answer Preview: The answer is YES. The authorized administrative bodies have a limitation when it comes to the powe…

, Chapter: 21 -Problem: 3 >> Rodney Platt was the vice chairman of the board of Mylan. He was also one of the owners of an office park that Mylan leased, making him Mylan’s landlord. How could Mylan comply with the business judgment rule in connection with this transaction?
Answer Preview: Under the business judgment rule, either the disinte…

, Chapter: 29 -Problem: 5 >> Famous artists Georgia O’Keefe and Alfred Stieglitz donated 101 artworks to Fisk University in the 1940s. But the gift had two conditions: The pieces could not be sold and they had to be displayed as one collection. Over 50 years later, Fisk could not pay to maintain the collection and decided to sell two of the pieces. Proceeds of the sale would go to restore its endowment and build a new science
Answer Preview: It actually depends on the agreement especially if their agre…

, Chapter: 21 -Problem: 4 >> Careless Inc. ran HIB/AIDS treatment clinics. Some of its employees violated federal law by paying kickbacks to doctors who referred patients to Careless facilities. But the Careless employee in charge of preventing this kind of behavior was careless. He did not see some obvious problems. The board had never asked about the company’s monitoring process. Was the board of directors liable for this e
Answer Preview: In a similar case, the court said that, …

, Chapter: 25 -Problem: 4 >> Rundy Custom Homes was building a subdivision of new houses next to a stream. During the building process, pipes on the property discharged storm water with sediment into the stream. Is this legal? What statute applies? Who would be liable? What if the EPA fails to act?
Answer Preview: The court ruled that the Navy did not have to file an EIS. The pre…

, Chapter: 15 -Problem: 8 >> Ian was CEO of a company. He stole money from the company by writing a series of checks made out to “Cash” which he deposited in his own personal account at Bank. (Please do not try this at home.) Of course, he then spent the money. The company sued the Bank to get the money back. Was the Bank a holder in due course?
Answer Preview: The court ruled that the Bank w…

, Chapter: 28 -Problem: 4 >> Angel and Linda Mendez bought a home next door to Rancho Valencia, a fancy hotel on 45 acres of land. The house was about 600 feet from the site where the hotel held outdoor wedding receptions and parties. Even though the Rancho Valencia had installed noise0abating equipment, the Mendezes could still hear music and announcements from its sound system for about 8 hours a month., mostly during the e
Answer Preview: The Mendezes sued claiming nuisance, but lost at the tr…

, Chapter: 14 -Problem: 4 >> Under the UCC’s Statute of Frauds, sale-of-goods contracts for $500 or more must be in writing to be valid. But since Article 2 only covers sale-of=goods contracts, agreements to sell services are not subject to the rule. Should the common law change so that all contracts valued at $500 or more have a writing requirement, or would that place an undue burden on business?
Answer Preview: Under the UCC'S statute of fraud, all contracts for the sa…

, Chapter: 29 -Problem: 1 >> Ann is Becky’s best friend. Tomorrow, Ann will move across the country to start a new job. Feeling sentimental on a night of good-byes, Becky gives Ann a necklace that has been in Becky’s family for 50 years. “You’ve always liked this, and I want you to have it,” she says. Ann accepts the necklace. Early the next morning, Becky reconsiders. She finds Ann at the airport, and sees her wearing the ne
Answer Preview: Becky gave Ann her necklace out of love she had on her. Ann received i…

, Chapter: 11 -Problem: 4 >> While on a cruise, DePrince inquired about the price of a 20-carat diamond in the ship’s gift shop. After confirming with the cruise line’s corporate office, the sales person told DePrince that the price was $235,000. DePrince’s traveling companions, who both happened to be gemologists, told him that the price was too good to be true: A diamond that large should cost at least $2 million. DePrince
Answer Preview: They did void the transaction, based on u…

, Chapter: 2 -Problem: 4 >> The CEO of Volkswagen set an ambitious goal: to triple sales in the United States and become the largest car manufacturer in the world. Employees listened carefully because the CEO had a reputation for punishing those who did not make their goals. Then the VW engineers realized that the emissions equipment on the company’s cars could not meet tough U.S. standards. Fixing the equipment would take t
Answer Preview: I feel the trap that Volkswagen employees fall for was that they have to face the fear-based corporate atmosphere within the organization which result…

, Chapter: 20 -Problem: 5 >> Frankie and Johnny were friends who worked together to raise money for their college expenses. They shoveled snow, cut grass, and assembled IKEA furniture, but never chose a form of organization. One day when Frankie was in class, Johnny accidentally left a rake in a pile of leaves. A child jumped into the pile and was cut by the rake. Is Johnny liable? How about Frankie?
Answer Preview: Johnny is liable because of his own negligence in leaving …

, Chapter: 3 -Problem: 5 >> Chateau, a Canadian winery, contracted over the phone to buy 1.2 million wine corks from Sabate USA, the U.S. subsidiary of Sabate France. The parent company shipped the corks from France to Canada, along with a pre-printed invoice. The invoice contained a forum selection clause providing that any dispute would be heard in a French court. When Chateau realized that the corks altered the taste of i
Answer Preview: Yes, the CISG did govern the dealings between the partie…

, Chapter: 9 -Problem: 5 >> Suspecting his wife was unfaithful, Simpson attached a recording device to the telephone lines in their home. Through the secret recordings, he was able to prove that she was indeed having an affair. Simpson’s wife sued her husband under the Federal Wiretap Act. Who wins and why?
Answer Preview: Simpsons wife wins, be…

, Chapter: 17 -Problem: 4 >> Fernando worked for Affinity, which made furniture deliveries for Sears. Fernando signed a contract stating that he was an independent contractor. He was paid $23 per delivery. He typically worked five to seven days a week, but Affinity would call him each day to tell him whether or not he would be working the following day. Fernando was not required to, but he did, lease his truck from Affinity.
Answer Preview: Ferna…

, Chapter: 23 -Problem: 1 >> A company offered credit cards to consumers with low credit scores. These cards had a $300 limit, a $75 sign-up fee, a $6 per month participation fee, and a $5 monthly fee for paper billing. Despite the fees, 98,000 people signed up. Is there anything wrong with that?
Answer Preview: No, I don't think it's wrong. Whatever fees are charged is because …

, Chapter: 8 -Problem: 3 >> Imagine you are eating at a fast-food restaurant when your tooth suddenly and painfully cracks as a result of a piece of bone in your hamburger. Would you sue the restaurant? Why or why not? Would society be better off it lawsuits over such injuries were difficult to win?
Answer Preview: The restaurant should be liable for my injuries. They should compensate me for the repair to my toot…

, Chapter: 12 -Problem: 5 >> The Madariagas owned a restaurant where they served “Albert’s Famous Mexican Hot Sauce.” They entered into a contract to sell the restaurant and the formula for the secret sauce to Morris. Although Morris paid the agreed-upon price, the sellers refused to give him the recipe unless he also paid them lifetime royalties for the sales. Which of these remedies should Morris seek; expectation, restitut
Answer Preview: Morris should seek specific perfor…

, Chapter: 4 -Problem: 5 >> The FDA issued regulations requiring tobacco companies to put graphic warning images on their packages. The mandatory images included a corpse after an autopsy, a smoker’s damaged lung, and a man exhaling smoke out of a hole in his neck, among others. What recourse do tobacco companies have if they want to challenge the FDA’s rule?
Answer Preview: The tobacco companies could file suit against the FDA, challenging …

, Chapter: 31 -Problem: 5 >> Jason applied for a homeowner’s policy through CPM Insurance Services, Inc. An employee of CPM filled out the application form using information provided by Jason’s housemate, Tricia. The two-page form asked: “Does applicant or any tenant have any animals or exotic pets?” The CPM employee checked an adjacent box stating that the answer was “No.” At the time, Jason owned two dogs, a Doberman and a
Answer Preview: No. He should have read th…

, Chapter: 11 -Problem: 5 >> When they were dating, Kris promised his wife Wendellyn that, if she moved to Wyoming and married him, he would take care of her for the rest of her life. Three years later, the couple filed for divorce and Wendellyn claimed that Kris’s oral promise entitled her to care for life. Kris argued that his promise was unenforceable because it should have been in writing. Who is right?
Answer Preview: The court held for the husband. The husbands alle…

, Chapter: 5 -Problem: 2 >> When Giant, Inc., hired Kelly, it gave her an entire binder of papers to sign. Buried in the fine print was a clause requiring any future dispute between the parties to go to arbitration, and the arbitrators would be chosen by Giant. Years later, Kelly filed a sexual harassment suit claiming that her boss fondled her. She demanded her day in court, but Giants’ attorneys claim she was barred due to
Answer Preview: Likely, yes Because the arbitrator is no…

, Chapter: 5 -Problem: 3 >> Douglas Corp. fired Sam five days after he got a tattoo. Sam sued Douglas for discriminating against people with tattoos. There is no law prohibiting employment discrimination on this basis. And the Douglas employee handbook clearly stated that employees should have no visible tattoos. What will likely happen in court after Sam’s attorney files the complaint?
Answer Preview: Douglas Corp w…

, Chapter: 30 -Problem: 2 >> Should you have a will? Do you have one?
Answer Preview: A will is a legal document that sets forth your wishes regarding th…

, Chapter: 10 -Problem: 3 >> Sal says to Jennifer, “I’ll trim all of your trees if you pay me $300.” Jennifer replies, “It’s a deal, if you’ll also feed my dog next week when I go on vacation.” Does the common law or the UCC apply to Sal’s proposal? Is Jennifer’s reply an acceptance? Why or why not?
Answer Preview: The common law applies. Jennifer…

, Chapter: 26 -Problem: 5 >> James T. Adams was a partner at Deloitte – a partner with a gambling issue. He ended up borrowing tens of thousands of dollars from a casino – a casino that he was in charge of auditing. Does he face any penalties? If so, what?
Answer Preview: Yes, Adams violated the auditor independence rules …

, Chapter: 8 -Problem: 5 >> At the end of a skateboard exhibition, one of the performers tossed a skateboard into the rowdy crowd. David rushed to catch the prize but was injured when his fellow spectator trampled him to snatch it away. What is the likely outcome if David sues the promoter of the skateboarding show for negligence?
Answer Preview: The promoter of the skateboarding s…

, Chapter: 15 -Problem: 4 >> Outline the differences between a registered limited company, a general partnership, and a limited liability partnership.
Answer Preview: There are three different types of business structures in England and Wales whi…

, Chapter: 4 -Problem: 1 >> Consider the doctrine of stare decisis. Should courts follow past rulings, or should they decide cases anew each time, without regard to past decisions? For example, should Texas v. Johnson stand because it is precedent, or should the justices take a “fresh look” at the issue of flag burning?
Answer Preview: The term Doctrine of stare decisis alludes to looking by the courts to the past for comparative issu…

, Chapter: 20 -Problem: 3 >> According to the company’s website, “d.light is a global leader in delivering affordable solar-powered solutions designed for the two billion people in the developing world without access to reliable energy.” It is a for-profit enterprise. What form of organization makes the most sense for this business? Why?
Answer Preview: d light should organize as a social enterpri…

, Chapter: 5 -Problem: 3 >> In social and domestic agreements what presumption is made with regard to intention to create legal relations? How does this differ from the approach to intention in business agreements? Give examples from case law.
Answer Preview: a. The presumption include: i) a formal expression of consent; ii) the fact t…

, Chapter: 9 -Problem: 4 >> Someone posted a fake profile of actor Christianne Carafano on a dating website, Matchmaker.com. The profile, which included Carafano’s photo, telephone number, and home address, invited men with” a strong sexual appetite” to join her in a one-night stand. Carafano received many sexually explicit and threatening messages and was forced to move out of her home. She sued Matchmaker, arguing that the
Answer Preview: The Ninth Circuit Court of Appeals ruled that the website was not liable because …

, Chapter: 2 -Problem: 3 >> Raj steals Asha’s car, drives it to a remote part of town and sets it on fire. Raj is caught by the police and prosecuted for theft of the car. Asha wants to sue Raj for compensation for the damage to her car. Advise Raj in which court or courts he may have to face trial and explain to Asha how to commence a civil claim.
Answer Preview: The advise I can give Raj as to which court or courts he may have to face trial is once he has bee…

, Chapter: 23 -Problem: 4 >> There you are on FindMeLove.com. You joined for free, but you have to upgrade to a paid version if you want to see full-size photos or send personalized messages. So far, you are fine with the free version. But then, a really attractive guy message you and wants to chat. To respond, you have to upgrade. Once you do, you never hear from him again. Only later do you realize that his profile had a li
Answer Preview: Lets say that I find FindMeLove com, and I decide to join for free. However, my decision is then to …

, Chapter: 10 -Problem: 4 >> ‘Ownership of goods passes when the parties intend it to pass’ but when does ownership pass if no intention of the parties is evident?
Answer Preview: Ownership of goods passes when the parties intend it to p…

, Chapter: 21 -Problem: 6 >> Oil Co. was a controlling shareholder of Pogo, a company that drilled for oil and gas in the Gulf of Mexico. When some additional leases became available, Oil Co. purchased all of them for itself. Which of the following statements is true?A. To avoid liability, Oil Co. had to offer the leases to Pogo’s board of directors.B. To avoid liability, Oil Co. had to offer the leases to Pogo’s other shareh
Answer Preview: C. Oil Co. could avo…

, Chapter: 8 -Problem: 1 >> Sally used to be the owner of a prosperous dating agency in Brighton. Three years ago she made a contract with Speedy Ltd to advertise her agency on four of their buses for a period of one year. Soon after she had made this contract, Sally decided to terminate her dating agency and become an accountant. She asked Speedy Ltd not to go ahead with the advertisements, but Speedy refused to cancel the
Answer Preview: Recovery of losses: Section 75 of the Consumer Credit Act 1974 says t…

, Chapter: 21 -Problem: 5 >> Michael Ovitz earned $25 million a year as a founder of a premier Hollywood talent agency. He was also a longtime friend of Disney chairman Michael Eisner, who recommended that Disney hire Ovitz as president. Upon the advice of an independent compensation consultant, the Disney board approved Ovitz’s contract. However, the board did not really understand how much Ovitz would earn under the contrac
Answer Preview: No. Although the board may have been negligent in relying on the advice …

, Chapter: 19 -Problem: 1 >> Atlas operated warehouses that stored food for grocery stores. Imagine the upset when a mystery employee began leaving his feces in a warehouse. To solve the mystery of the devious defecator, Atlas required cheek swabs from two of its workers so that it could compare their DNA with that of the feces. Was Atlas liable to the workers?
Answer Preview: A court held that Atlas had violated GINA < which pr…

, Chapter: 14 -Problem: 4 >> When Sony released its PlayStation 4 (PS3), it represented that the gaming system: (1) connected to the PlayStation Network, (2) had the ability to run other operating systems, and (3) was expected to last for over ten years. But the product’s terms of service provided that future updates might disable some functions. Four years later, Sony’s software update forced users to choose between features
Answer Preview: The court on appeal reversed the dismissal of claims und…

, Chapter: 14 -Problem: 1 >> What is a risk assessment, why is it important, and how should an employer go about conducting one? Give an example to illustrate your answer.
Answer Preview: A risk assessment is a detailed evaluation of potential hazards in the work…

, Chapter: 26 -Problem: 4 >> Some argue that investors have unrealistic expectations about what an audit can accomplish, especially at the prices companies are willing to pay their accountants. Critics respond that this view is just another way of saying: “Given how much money firms want to earn each year, they may not spend as much time as they should on an audit, especially in a complex situation..” Arthur Andersen got in t
Answer Preview: The short answer to this question is that the current regulations were not sufficient otherwise such …

, Chapter: 11 -Problem: 3 >> Discuss what is meant by ‘a duty of care’ in the tort of negligence.
Answer Preview: The "duty of care" refers to the obligations placed on people to act towards others …

, Chapter: 13 -Problem: 4 >> Marc canceled his Comcast cable service.  When the cable guy removed the Comcast equipment,  he mistakenly left behind a modem worth $220. By some mix-up, this amount was sent to a collection agency. Upon discovering the error, Marc returned to modem to Comcast, which promised to correct his account. But the mistake remained on Marc’s credit report. Because of the error, Marc had to pay an additio
Answer Preview: It certainly seems so. It was Comcasts three …

, Chapter: 11 -Problem: 4 >> Explain the test which is applied in the tort of negligence to determine whether the defendant breached the legal duty of care owed to the claimant. What factors would a court take into account when determining how a reasonable person would act?
Answer Preview: A simple test, called the but for test is applied in the tort of negligence to determine wheth…

, Chapter: 9 -Problem: 3 >> Barrow was a government employee. Because he shared his office computer with another worker, he brought in his personal computer from home to use for office work. No other employee accessed it, but it was connected to the office network. The computer was not password protected, nor was it regularly turned off. When another networked computer was reported to be running slowly, an employee looked at
Answer Preview: No. First, the person who accessed Barrows computer was not a representative …

, Chapter: 9 -Problem: 3 >> Explain the different methods by which an agency relationship may be established.
Answer Preview: There are two main ways that an agency relationship may be established: t…

, Chapter: 3 -Problem: 4 >> Boston Scientific (BSC), an American multinational, hired Carnero to work in its Argentine subsidiary. Carnero was paid in pesos, and his contract was governed by Argentine law. After BSC fired Carnero, he sued in the United States, claiming that the company terminated him for blowing the whistle on its accounting fraud. If this allegation was true, BSC would be in violation of an American statute
Answer Preview: Citing the well-established presumption …

, Chapter: 23 -Problem: 1 >> Many people need a car to get to work, take care of their families, live their lives. But obtaining an auto loan can be difficult for those with a bad credit rating. Some finance companies are now willing extend credit to people who are poor risks. On one condition: the company can install on the car tracking software that has the ability to disable the ignition if the debtor misses a payment. Thi
Answer Preview: It is a fact that many people nowadays require a car to go to their workplaces, take care of their f…

, Chapter: 23 -Problem: 2 >> Synchrony (formerly known as GE Capital) offered a special deal providing that if credit card  holders paid part of what they owed, it would write off the rest and the customer would never have to pay it. The company did not offer this deal to people who lived in Puerto or were native Spanish-speakers. Is there anything wrong with that?
Answer Preview: The CFPB ordered Synchro…

, Chapter: 31 -Problem: 5 >> Jackson lived in an apartment with Miri, to whom he was not married. When he applied for homeowners insurance, the form asked their marital status. He checked the box that said “married.” Later, the apartment was robbed, and Jackson filed a claim with his insurance company. When the company discovered that Jackson and Miri were not married, it refused to pay the claim on the grounds that he had ma
Answer Preview: No , the policy is not valid . Misrepresent ation was not material because the insurance company wou…

, Chapter: 20 -Problem: 5 >> If you were to look online for a description of a professional corporation, yo8uo might find websites stressing that, in a PC, shareholders are still responsible for their own wrongdoing. For example: “In some states, these professionals can form a corporation, but with the distinction that each professional is still liable for their own wrongful professional actions.” Why is this statement at bes
Answer Preview: Because in every or…

, Chapter: 18 -Problem: 1 >> George owns shares in Organic School Dinners plc. He wants to propose a resolution that the company should endeavour to source organic food locally. He has gained the support of a number of other shareholders. Explain to George whether he can require the company to hold a meeting to consider his resolution, or if his resolution could be added to the agenda of the company’s Annual General Meeting,
Answer Preview: a. George 's resolution could be added to the agenda of the …

, Chapter: 16 -Problem: 2 >> Fabrics Ltd currently supplies soft furnishings to wholesalers, largely on credit terms. Its share capital comprises 100,000 £1 ordinary shares. The company has recently decided to raise more capital as it wants to extend its business via an internet site selling mail order curtains to non trade customers. Fabrics Ltd seeks your advice on the following points: a) In the event that it issues prefer
Answer Preview: a) If a company issues preference shares, it entitles the ho…

, Chapter: 7 -Problem: 4 >> A contract entered into where there is undue influence or duress is voidable but what constitutes: (a) Duress(b) Undue influence?
Answer Preview: (a) Duress is the person must be under pressure …

, Chapter: 6 -Problem: 3 >> Distinguish between: a) A puff, a representation, and a term. b) A condition, a warranty, and an innominate term.
Answer Preview: a) A puff is a representation of sensation that has a distan…

, Chapter: 15 -Problem: 3 >> Explain the core rights and duties of general partners set out in the Partnership Act 1890.
Answer Preview: Partners who do not have a knowledge of the Partnership Act 18…

, Chapter: 20 -Problem: 2 >> Ned and Sarah formed an LLC to buy and renovate apartment buildings. They did not sign an operating agreement but they orally agreed that they would dissolve the LLC if they could not get along. The two owners argued repeatedly and Ned refused to meet with Sarah, although he was willing to take her phone calls. Ned continued to work on the renovation that was then underway. Sarah asked a court to
Answer Preview: Although there is no written operating agreement, an ora…

, Chapter: 26 -Problem: 6 >> James T. Adams was a partner at Deloitte – a partner with a gambling issue. He ended up borrowing tens of thousands of dollars from a casino – a casino that he was in charge of auditing. Does he face any penalties? If so, what?
Answer Preview: The court held there was no scienter because the plaintiffs ha…

, Chapter: 9 -Problem: 1 >> Jenny authorises Sam, her agent, to sell Jenny’s antique diamond ring for not less than £3,000 and to purchase twenty plasma screens for Jenny’s business for up to £6,000. Sam buys the ring herself for £3,000 using a nominee and then sells it on to a dealer for £4,000. Sam keeps the £1,000 she has made. Sam, who is well known at Dixons plc as an agent for Jenny, contracts to buy ten plasma screens
Answer Preview: Conclusion: Jenny must pay Sam 350 for breach of fiduciary duty. Fu…

, Chapter: 19 -Problem: 6 >> Ryan could not stay awake at work – and was unable to remember and keep track of key parts of his job. When questioned, he told his boss that he had sleep apnea, a sleep disorder that causes a person to stop breathing during sleep. His report from his doctor said that it was possible Ryan did have sleep apnea, but there was no definitive diagnosis because Ryan refused to take the necessary tests.
Answer Preview: The Sixth Circuit ruled that Ryan was not protected by t…

, Chapter: 16 -Problem: 2 >> When Corona leased farmland to a strawberry farmer named Armando Munoz Juarez, it claimed a security interest in his strawberry crop. Corona’s financing statement listed the farmer’s name as “Armando Munoz,” even though his state-issued ID card identified his last name as “Juarez.” When the farmer contracted to sell strawberries to Frozsun, it filed its own financing statement securing the strawbe
Answer Preview: Frozsun prevails because Corona did no…

, Chapter: 17 -Problem: 1 >> Herb Ltd has three directors: Parsley, Sage, and Rosemary. Occasionally Parsley and Rosemary come into the company’s premises but all decisions about running the company are left to Sage, who acts as managing director although he has never been appointed as such. In January, Sage enters into a contract with Supermarkets Ltd to supply organic herbs at a fixed price for a year. Shortly afterwards th
Answer Preview: It was held that Supermarkets Ltd are not bound by the contract. Her…

, Chapter: 14 -Problem: 5 >> When the Whitehouses decided to breed horses, they went horse shopping at the Lange’s ranch. Although the Whitehouses had owned horses, they had no experience in horse breeding. Knowing the buyers would breed the horse, the Langes suggested a particular mare. After the sale, the Whitehouses discovered that this mare was infertile and sued for breach of warranty. Will the buyers win? If so, under w
Answer Preview: Whitehouse v. Lange, 128 Idaho 12…

, Chapter: 13 -Problem: 2 >> Explain the difference between an employee and a self employed contractor. Why is the difference important?
Answer Preview: Employee An employe is a person who works for the employer on regular basis. Employee are appointed …

, Chapter: 10 -Problem: 5 >> West purchased a horse from Strauss. When West discovered that the horse had a leg injury, he got a driver to return the horse to Strauss, but Strauss refused to accept delivery. Not knowing what to do with the injured animal, the driver took it to Bailey. Five months later, Bailey sent bills for the horse’s care to West, who returned them with a note saying he did not own the horse. Bailey sued W
Answer Preview: Bailey loses. There was no mutual agreement …

, Chapter: 4 -Problem: 1 >> Consider whether a valid contract has been formed in the following circumstances. a) Iraj sees the following advertisement in his local newspaper: ‘For Sale: Rose Bushes only £12.99 for five. Hurry—limited supplies. Send cheque to Beautiful Gardens Ltd., PO box 123’. Iraj sends a cheque but is told the bushes are sold out. b) Dave writes to Peter, ‘You mentioned that you would like to buy my red s
Answer Preview: a) This contract is invalid because there is no consideration. A valid contract is an agreement between two parties which creates a binding legal obli…

, Chapter: 12 -Problem: 1 >> A manufacturer delivers a new tractor to Farmer Ted on the first day of the harvest season. But the tractor will not start. It takes two weeks for the right parts to be delivered and installed. The repair bill comes to $1,000. During the two weeks, some acres of Farmer Ted’s crops die. He argues in court that his lost profit on those two acres is $60,000. The jury awards the full $1,000 for the tr
Answer Preview: Farmer Ted received compensatory damages of $1,000 for the repair bill, and co…

, Chapter: 15 -Problem: 4 >> Tanya and Jerry entered into a contract with a real estate developer who stated that he would build the house of their dreams on a lot that he owned. In payment for the property and the house, T&UJ signed a promissory note that was payable “upon closing on sale of the house to be constructed on the below described lot or one year from the date of this Note, whichever event first occurs.” Is this n
Answer Preview: No. To be negotiable, a note …

, Chapter: 14 -Problem: 5 >> When an acceptance contains additional terms, the UCC and the common law contain different rules. The common law’s mirror image rule makes the acce3ptance ineffective, and no contract is formed. But he UCC rules “save” the contract. Which rule do you think is more sensible?
Answer Preview: Output Additional term the name itself states that the terms were extra that weren't lined …

, Chapter: 30 -Problem: 4 >> When Sheryl founded a Silicon Valley company, she placed half of her stock in a trust for her children. They were entitled to the assets in the trust when they turned 21. The company has just gone public, and the stock in the trust is now worth $150 million. She does not want her children, who are 12 and 10 years old, to have that much money when they turn 21. Is there anything she can do?
Answer Preview: She can ask the trustee …

, Chapter: 16 -Problem: 4 >> Discuss the general content and effect of a company’s articles.
Answer Preview: The general content and effect of a companys articles include: i) the …

, Chapter: 8 -Problem: 3 >> Explain the meaning of ‘Remoteness of damage’ and ‘Measure of damages’.
Answer Preview: Remoteness of Damages: Damages that are not caused by the original …

, Chapter: 18 -Problem: 2 >> Flora Exotic Ltd, a company selling plants, has a large number of debts but continues to trade. Kerry has supplied large quantities of fertilizer to Flora Exotic Ltd but, despite several reminders, their account for £5,000 has not been paid.a) Advise Kerry, who wishes to petition the court to have Flora Exotic Ltd wound up.b) Consider if the directors of Flora Exotic Ltd may be liable for wrongful
Answer Preview: a) Kerry is advised to petition to have Flora Exot…

, Chapter: 6 -Problem: 4 >> Explain the effects of the Unfair Contract Terms Act 1977 and the Unfair Terms in Consumer Contracts Regulations 1999 in relation to exclusion clauses.
Answer Preview: The effects include: i) The effect of the 1977 Act on ex…

, Chapter: 11 -Problem: 1 >> Ruby, who recently passed her driving test, decides to drive into town. On turning right at a junction, she negligently fails to see a car being driven by Sapphire and crashes into it. Sapphire was not wearing a seatbelt at the time of the accident, and was badly injured. Sapphire’s husband, Tom, hears the crash and rushes to the scene of the accident; he is so shocked at seeing Sapphire’s injurie
Answer Preview: This is a personal injury action brought by the driver (Sapphire) for …

, Chapter: 9 -Problem: 2 >> Harry appoints Lin, as an agent, to sell his microlight aeroplane and agrees to pay her 5 per cent commission. Lin sells the aeroplane to Paul for £50,000 and Harry pays her £2,500 commission. As Paul has got the plane cheaply, he gives Lin a commission of £1,000. Lin does not disclose this to Harry. Harry appoints Alice as his agent to sell two paintings. He tells her to sell the paintings for at
Answer Preview: a. Lins dealings with Paul are not in furtherance of Harrys interest and hence he is not …

, Chapter: 2 -Problem: 2 >> Explain what is meant by arbitration, mediation, and conciliation.
Answer Preview: Ar bit ration is a process where two parties in a dispute agree to allow a third , neutr…

, Chapter: 17 -Problem: 4 >> Explain where a director gets authority to act on behalf of a company and how third parties are protected if a director acts outside his authority.
Answer Preview: The constitution of India is the supreme law of India. It is the longest written constitution of any …

, Chapter: 2 -Problem: 1 >> Outline the advantages and disadvantages of tribunals over the court system.
Answer Preview: Ad vant ages of trib un als over the court system include …

, Chapter: 17 -Problem: 3 >> Under the Companies Act 2006, directors owe various duties to a company. Outline the seven general duties of directors which are set out in sections 171–177 of the Companies Act 2006.
Answer Preview: The seven general duties of directors are set out in sections 171-177 of the Companies Act 2006. The…

, Chapter: 2 -Problem: 4 >> Explain clearly which court would deal with the following matters: a) Ace plc is suing Fox plc for £20 million. The case involves complex commercial law issues. b) Virju is suing Beejal for £800 and his case is due to be heard by a District Judge. c) Southland Bank plc is suing Useless Ltd for £14,000 and the case is to be heard by a Circuit Judge. d) Adam is being prosecuted for manslaughter (an
Answer Preview: a) The court that will deal with this matter is the High Court. b) …

, Chapter: 18 -Problem: 4 >> The Companies Act 2006 gives protection to minority shareholders by allowing minority shareholders to bring ‘derivative claims’ and also allows minority shareholders to sue for ‘unfair prejudicial conduct’. Explain and discuss these actions.
Answer Preview: The actions entails a derivative claim and a remedy is given to the cour…

, Chapter: 8 -Problem: 4 >> In what circumstances may a contract be discharged because of frustration?
Answer Preview: If a contract is discharged because of frustration , it means …

, Chapter: 7 -Problem: 3 >> Discuss what is meant by common mistake, mutual mistake, and unilateral mistake in the law of contract and explain the effect mistake will have on a contract.
Answer Preview: Illegal agreements may be formed even though a mutual mistake about the other …

, Chapter: 15 -Problem: 1 >> Gita and Luis are partners in a catering business called Meals4U. They regularly order fresh fish from Bespoke Foods Ltd. To cut costs, Gita asks Luis not to order any more fish from Bespoke but instead to buy it at the local supermarket. The next day Luis gets a new customer and, wanting to make a good impression, she again orders fish from Bespoke, who know nothing of Gita’s request. Two months
Answer Preview: a). Gita is liable for the debt as she is the director of Meals4…

, Chapter: 13 -Problem: 4 >> A lecturer is asked to teach on a course at a college of higher education. The course has already been written, and the lecturer is given lesson plans to follow. She only has to come to the college for two hours on a Tuesday to teach that particular course. She does not have a manager and is told that she is not an employee. The HR Department asks her to sign a form stating that she is a ‘freelanc
Answer Preview: Here, the employment status of the lecturer is partially employed. The lecturer has been appointed a…

, Chapter: 8 -Problem: 2 >> Sebastian is the owner of a famous fish restaurant ‘Poissons’. He has just engaged a top chef, Pierre, who has contracted to work solely for him during the next six months, and not to work in any other restaurant within a mile during that time. ‘Poissons’ has a large tank full of a variety of live fish from which customers choose their dinner. In breach of contract, the fish food suppliers, Shark
Answer Preview: a) Sebastian can sue Shark Ltd. for breach of contract because they have effectively destroyed his b…

, Chapter: 3 -Problem: 1 >> What are the three main sources of law in England in the 21st century? Which do you think is the most important and why?
Answer Preview: The three main sources of law in England in the 21 st century are common law , …

, Chapter: 9 -Problem: 4 >> Discuss the rights and duties of an agent.
Answer Preview: Agents have the right to be compensated for their services. Agents work as an intermediary between t…

, Chapter: 12 -Problem: 3 >> To what extent is taking an action under the Consumer Protection Act 1987 an improvement on taking an action in the tort of negligence?
Answer Preview: The Consumer Protection Act 1987 provides for an entit…

, Chapter: 3 -Problem: 3 >> Parliament passes the Safety at Work Act 2012 (fictitious) giving the power to the Secretary of State to pass regulations (delegated legislation) relating to workplace safety. The Act was passed to comply with an EU law directive. The Secretary of State passes a regulation making it an offence for businesses employing more than six people not to have a trained first aid officer on the premises dur
Answer Preview: Act, delegated legislation is a word for an action or a legal a…

, Chapter: 6 -Problem: 2 >> a) Hari took a lease for 10 years of a garage from British Petrol plc. The lease stated that Hari could only sell petrol provided by British Petrol plc. Hari has now discovered he could buy Ecco petrol cheaper. Advise Hari if he is bound by the solus agreement with British Petrol plc. b) Gerald is employed by Dairy Ltd and has learnt their trade secret of making chocolate that does not melt in tem
Answer Preview: a) The advise I can give Hari is that he is not bound by the Solus Agreement with British Petrol plc. The reason for this is that he did not expressly …

, Chapter: 5 -Problem: 1 >> a) Every week, Amy and Jim and their daughter, Sophie, enter the National Lottery, each contributing £1 for 3 lucky dip numbers. Sophie always fills in the form, pays over the money to the newsagent, and keeps the ticket. Last week five of their numbers came up and the ticket paid out £5,000. Sophie refuses to share the £5,000. Advise Amy and Jim. b) Discovering the kitchen on fire, Bella telephon
Answer Preview: a) The advise I can give Amy and Jim is that they can hold onto the 5,000. After all they have to fa…

, Chapter: 4 -Problem: 4 >> ‘Acceptance must be communicated to the offeror by the offeree’. Discuss what this phrase means and consider any exceptions to the rule.
Answer Preview: This phrase entails that the offeree must communicate to the offeror that they have accepte…

, Chapter: 13 -Problem: 3 >> A football manager is employed on a five-year contract. After three years, his team does extremely badly in the Premiership and is relegated. The club wishes to dismiss the manager. What issues are raised?
Answer Preview: The club's decision was unlawful and English football has failed in its du…

, Chapter: 12 -Problem: 1 >> Wayne decides to hold a party to celebrate England winning the World Cup. John, who has not been invited, enters via the back door and on seeing Wayne coming towards him, goes through a small door marked ‘Dangerous Steps’. The door opens inwards and John falls down the steps into a cellar. He smashes his Rolex watch and breaks his wrist. Ric, aged four, wanders off from his parents, goes outside a
Answer Preview: Wayne owes Alex a duty of care as he has voluntari…

, Chapter: 11 -Problem: 2 >> Fraud and Co, a firm of accountants and auditors, were employed to prepare the accounts and balance sheet of Apple plc, knowing the accounts were to be sent to Bill, a private investor, who was thinking of buying a majority shareholding in Apple plc. The accounts were negligently prepared and showed the company as financially stable, whereas in fact the opposite was true and the company had large
Answer Preview: Section 476(1) of the Companies Act 2006 provides that if an officer becomes aware of information wh…

, Chapter: 6 -Problem: 1 >> Dr Know, a well-known academic, is due to speak at the Annual Brighton Small Business Conference. She arrives early and books into the Ship Hotel, owned by Leisure Ltd. She has stayed there on a number of occasions in previous years. Her room is not ready so she asks the receptionist if she can leave her overnight bag with him. He takes her bag and gives her a cloakroom ticket, which she stuffs in
Answer Preview: The advise I can give Dr Know is that she does have a contract claim against Leisure Ltd for the los…

, Chapter: 10 -Problem: 3 >> Explain the terms which are implied into contracts for the sale of goods by ss 13, 14(2), 14(3), and 15 of the Sale of Goods Act 1979.
Answer Preview: The Sale of Goods Act broadly governs the law relating to contracts for the sale of goods. There are different sections which are applicable in differ…

, Chapter: 5 -Problem: 4 >> Explain what is understood in contract law by the statement ‘Consideration must be sufficient but need not be adequate’.
Answer Preview: In contract law , the consideration must be sufficie…

, Chapter: 14 -Problem: 2 >> Explain the differences between the different types of prohibited conduct.
Answer Preview: There are four types of prohibited conduct : discrimination , harassment , sexual misconduct , and …

, Chapter: 10 -Problem: 1 >> Cathy, the owner of a small business, is going on a skiing holiday. Before leaving she orders a grey carpet for the office from carpets2U Ltd’s sample book. The back of the sample has a sticker on it which describes the carpet as 100 per cent wool. Cathy also treats herself to an expensive set of new skis from Alpine Ltd. The first time Cathy uses the skis they snap into pieces. On her return from
Answer Preview: It is not bona fide for the owner to be aware of the specification of the goods sold if those goods …

, Chapter: 3 -Problem: 2 >> Explain the concept of judicial precedent in the English legal system. In England and Wales, both statute and common law exist together: which of these is a more superior form of law? Explain your answer.
Answer Preview: The concept of judicial precedent in the English legal system is that the prev…

, Chapter: 1 -Problem: 2 >> Explain what is meant by the term ‘common law'.
Answer Preview: Common law is a body of law created by judges from decisions made by courts and other comparable tri…

, Chapter: 3 -Problem: 4 >> Jamie has just opened a new themed 1970s wine bar and reads in the paper about the new ‘Alcoholic Drinks Bill’ which appears to forbid the sale of alcohol in certain public outlets. The bill has had a First Reading in the House of Commons. Explain to Jamie the stages the new bill will have to go through before it becomes an Act of Parliament and, if the Act is made, how its sections will be interp
Answer Preview: The explanation of stages the new bill will have include: i) First Reading in the House of Commons. …

, Chapter: 12 -Problem: 4 >> With reference to liability in the torts of trespass, private nuisance, and the rule in Rylands v Fletcher, explain the extent to which occupiers of land should ensure that the state of their property, and activities which take place on their property, do not interfere with the use and enjoyment of neighbouring properties.
Answer Preview: (i) The general rule is that the owner of a land is liable for …

, Chapter: 7 -Problem: 1 >> In October, Atomic Kat Ltd begins negotiations with Alcopops Ltd for sponsorship for Atomic Kat, a famous pop group. In November, Natasha from Atomic Kat informs the rest of the members of the group that she is thinking of going solo. In December, Atomic Kat Ltd sign the sponsorship contract with Alcopops plc under which Atomic Kat Ltd agrees to promote Alcopops in return for sponsorship of £50,00
Answer Preview: The advise I can give Alcopops plc is that their contract is not valid. …

, Chapter: 5 -Problem: 2 >> Anthony entered into a contract with Bruce to refurbish a block of 100 flats; the work was to be completed in three months. The contract stated that late completion would be charged at £5,000 per day. Anthony sub-contracted with Clive to install the fitted kitchens and bathrooms in each of the flats for a fixed price of £100,000. After a month it became obvious to both Anthony and Clive that Clive
Answer Preview: My advice to Clive; Clive should first inquire of Anthony the number of unfinished units in order to …

, Chapter: 10 -Problem: 2 >> Ali, a student, buys a new laptop computer for £400 from a local retailer ‘IT Solutions’. When he pays, he signs a document (which he doesn't read) which is an acceptance note. In the first three months, the laptop has to be returned nine times to have minor defects remedied. In total, Ali only has use of the computer for two weeks within that three-month period. When the laptop malfunctions for t
Answer Preview: Ali should be advised that in order to comply with the terms of the acc…

, Chapter: 7 -Problem: 2 >> Lulu owns a luxury watch and jewellery store in Brighthelm. She receives an e-mail order for two topof- the-range watches, costing £2,000 each, from Terry who claims to be from Anex Design, an interior decorating company which requires the watches quickly as retirement presents for two of their longserving employees. Lulu has the watches in stock and she agrees to sell them on receipt of a company
Answer Preview: . Lulu gave away the diamond ring, which she would in any case have …

, Chapter: 17 -Problem: 2 >> Pike, Harri, and Raj are directors of a beauty products company. Pike is responsible for negotiations with suppliers and customers. He agrees a contract between the company and Bleach Ltd for the supply of various chemicals. Bleach Ltd give Pike a commission of £3,000 which he does not declare. Pike enters into negotiations for the supply of hair dye with Julie, who owns a fleet of hairdressers. U
Answer Preview: That is the gist of the business fraud and there are many different facets to it. Firstly, Pike and …

, Chapter: 16 -Problem: 1 >> Shreena and Gita wish to run a business buying and selling organic vegetables. They have decided to set up a private company limited by shares and are thinking of calling their company ‘VegRus’. They will be the subscribers and the first directors of the company. They have already found premises but the owner is insisting that a contract to lease the premises is signed immediately, despite the fac
Answer Preview: The documents required to be submitted to the Registrar of Companies before incorporation are listed …

, Chapter: 13 -Problem: 1 >> Explain how an employer can show that the way he dismissed an employee was reasonable. What kinds of action can be reasonable?
Answer Preview: According to the Fair Work Act 2009, employers can use an employee's personal conduct or ca…

, Chapter: 4 -Problem: 2 >> Andrea decides to sell her car and puts a notice on the back windscreen of the car. The notice reads, ‘This car is for sale, excellent condition, low mileage, bargain at £2,000. Please phone Brighton 678123 or call in at 8 Hove Street.’ On Monday morning Bob telephones Andrea and offers to buy the car for £1500. Andrea refuses to accept his offer. Later that day Bob changes his mind about the car
Answer Preview: Concerning whether Bob, Carl, and Debs have a valid contract to purchase Andreas car, I can say that …

, Chapter: 14 -Problem: 4 >> Sarah is a Druid. She wants to have time off to celebrate the summer solstice at Stonehenge, but her employer refuses. At about the same time, he allows some Muslims to take a few days off for Eid. Advise Sarah.
Answer Preview: Sarah has a contractual obligation to work for the employer for 40 hour…

, Chapter: 4 -Problem: 3 >> Fully explain the difference between ‘an offer’ and ‘an invitation to treat’. In contract law, is an advertisement in a newspaper treated as ‘an offer’ or ‘an invitation to treat’?
Answer Preview: an offer is an unambiguous statement of intention to make a contract. an invitation to tr…

, Chapter: 14 -Problem: 3 >> Jo is a transsexual who has undergone surgery to change her sex from male to female. She applies for a job as a hairdresser, but is rejected because the owner of the salon thinks that she does not really look the part. Does she have any legal remedy? Would your answer be any different if she applied for a job as a changing room assistant?
Answer Preview: Under the Equality Act 2010, there is no general prohibition on discri…

, Chapter: 16 -Problem: 3 >> Explain the options available for financing a company.
Answer Preview: Although millennials are now the largest demographic in America, according to Census Bureau data fro…

, Chapter: 12 -Problem: 2 >> Sam enters a competition run by his local newspaper, the Surrey Times. He wins second prize, an ‘Excel washing machine’, which has been manufactured by Excel Appliances Ltd. Sam used the machine for nine washes successfully but, while his tenth wash is on, the machine bursts into flames. Sam managed to put the fire out but the machine is beyond repair, and Sam’s designer clothes worth £700 which w
Answer Preview: The judge rejects Excels claim that the machine was defective and failed within a reasonable time, s…

, Chapter: 18 -Problem: 3 >> Explain the difference between an ordinary and special resolution and how these are made. Can company resolutions be made without the need for a meeting?
Answer Preview: An ordinary resolution is one that is usually passed with a meeting of t…

, Chapter: 15 -Problem: 2 >> For some years Zadie carried on a computer repair business as a sole trader. In 2013 she expanded into computer sales and incorporated the business, assigning the whole of its assets to the company, Comdeal Ltd. Payment was effected by the allotment to Zadie and her husband of £5,000 fully paid shares in Comdeal Ltd. Zadie continued to insure the business assets in her own name as she had done pri
Answer Preview: The business assets are not covered by the policy for

Additional Information

Book:
Introduction To Business Law
Isbn:
ISBN: 9780199662876
Edition:
2nd Edition
Author:
Authors: Lucy Jones
Image:
635f5c39cb5e6_18128.jpg

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