NOTE: REFER TO THIS SCENARIO FOR ALL QUESTIONS BELOW Mr. Krabs owns and operates the Krusty...
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NOTE: REFER TO THIS SCENARIO FOR ALL QUESTIONS BELOW Mr. Krabs owns and operates the Krusty Krab, LLC, a popular seafood restaurant in Bikini Bottom, a small seaside town in California. The Krusty Krab has been shut down for 12 months due to the pandemic. The reopening of the economy means it's time to get back to business. His first task is to reconnect with Patrick Star, the owner of Nautilus Fishing Fleet, a Maine-based sole proprietorship that had been supplying lobster to the Krusty Krab before the shutdown. Mr. Krabs is shocked to learn that the price of lobster has gone up considerably due to a law passed by the U.S. Congress that mandates a 100% surcharge on all lobster sales to help restore its rapidly declining lobster population on the Atlantic coast. Mr. Krabs next needs to hire a chef. He contacts Sandy Cheeks, the head chef at the Chum Bucket, a high-end eatery owned by world-renowned restaurateur Mr. Plankton. Mr. Krabs asks Sandy to leave the Chum Bucket to come work for him as an independent contractor, with a set schedule of Tuesday through Saturday from 11:00 a.m. until 7:00 p.m. for $2000 per week. She says she'd like to, but she just signed a one-year contract with the Chum Bucket. Mr. Krabs ups his offer to $3000 per week. Sandy accepts. Later that week Mr. Plankton hears from his neighbor, Squidward Tentacles, that Mr. Krabs is selling illegal drugs out of the Krusty Krab. Squidward shares this story with Mr. Plankton just after he had his wisdom teeth removed and while under the influence of nitrous oxide. Despite Squidward slurring his words and drooling profusely while telling the story, Plankton goes ahead and posts the story on Instagram. Krusty Krab sales drop by 50% the next day. Meanwhile, prolific inventor SpongeBob Squarepants offers to sell to Mr. Krabs rights to his latest invention, Le Spatula, a hydro-dynamic spatula that does amazing things, but only in fancy restaurants. Mr. Krabs says no thanks, then builds an identical spatula he names La Spatule for use in his restaurant. Needless to say, the lawsuits begin to fly. Answer the following questions based on this scenario: Fort this question, Mr. Krabs is outraged by the increase in the price of lobster. a) Where in the U.S. Constitution might the U.S. Congress find the right to regulate the price of lobster being shipped from Maine to California? Tuesday through Saturday from 11:00 a.m. until 7:00 p.m. for $2000 per week. She says she'd like to, but she just signed a one-year contract with the Chum Bucket. Mr. Krabs ups his offer to $3000 per week. Sandy accepts. Later that week Mr. Plankton hears from his neighbor, Squidward Tentacles, that Mr. Krabs is selling illegal drugs out of the Krusty Krab. Squidward shares this story with Mr. Plankton just after he had his wisdom teeth removed and while under the influence of nitrous oxide. Despite Squidward slurring his words and drooling profusely while telling the story, Plankton goes ahead and posts the story on Instagram. Krusty Krab sales drop by 50% the next day. Meanwhile, prolific inventor SpongeBob Squarepants offers to sell to Mr. Krabs rights to his latest invention, Le Spatula, a hydro-dynamic spatula that does amazing things, but only in fancy restaurants. Mr. Krabs says no thanks, then builds an identical spatula he names La Spatule for use in his restaurant. Needless to say, the lawsuits begin to fly. Answer the following questions based on this scenario: Fort this question, Mr. Krabs is outraged by the increase in the price of lobster. a) Where in the U.S. Constitution might the U.S. Congress find the right to regulate the price of lobster being shipped from Maine to California? b) Which Supreme Court decision handed down in the 1940's paved the way for Congress expanded powers? Provide the name of the case and one or two sentence description of the facts. c) Would Congress have the power to regulate the lobster sales if Mr. Krabs instead purchased his lobster from a California-based company? Explain. Edit View Insert Format Tools Table NOTE: REFER TO THIS SCENARIO FOR ALL QUESTIONS BELOW Mr. Krabs owns and operates the Krusty Krab, LLC, a popular seafood restaurant in Bikini Bottom, a small seaside town in California. The Krusty Krab has been shut down for 12 months due to the pandemic. The reopening of the economy means it's time to get back to business. His first task is to reconnect with Patrick Star, the owner of Nautilus Fishing Fleet, a Maine-based sole proprietorship that had been supplying lobster to the Krusty Krab before the shutdown. Mr. Krabs is shocked to learn that the price of lobster has gone up considerably due to a law passed by the U.S. Congress that mandates a 100% surcharge on all lobster sales to help restore its rapidly declining lobster population on the Atlantic coast. Mr. Krabs next needs to hire a chef. He contacts Sandy Cheeks, the head chef at the Chum Bucket, a high-end eatery owned by world-renowned restaurateur Mr. Plankton. Mr. Krabs asks Sandy to leave the Chum Bucket to come work for him as an independent contractor, with a set schedule of Tuesday through Saturday from 11:00 a.m. until 7:00 p.m. for $2000 per week. She says she'd like to, but she just signed a one-year contract with the Chum Bucket. Mr. Krabs ups his offer to $3000 per week. Sandy accepts. Later that week Mr. Plankton hears from his neighbor, Squidward Tentacles, that Mr. Krabs is selling illegal drugs out of the Krusty Krab. Squidward shares this story with Mr. Plankton just after he had his wisdom teeth removed and while under the influence of nitrous oxide. Despite Squidward slurring his words and drooling profusely while telling the story, Plankton goes ahead and posts the story on Instagram. Krusty Krab sales drop by 50% the next day. Meanwhile, prolific inventor SpongeBob Squarepants offers to sell to Mr. Krabs rights to his latest invention, Le Spatula, a hydro-dynamic spatula that does amazing things, but only in fancy restaurants. Mr. Krabs says no thanks, then builds an identical spatula he names La Spatule for use in his restaurant. Needless to say, the lawsuits begin to fly. Answer the following questions based on this scenario: Fort this question, Mr. Krabs is outraged by the increase in the price of lobster. a) Where in the U.S. Constitution might the U.S. Congress find the right to regulate the price of lobster being shipped from Maine to California? Tuesday through Saturday from 11:00 a.m. until 7:00 p.m. for $2000 per week. She says she'd like to, but she just signed a one-year contract with the Chum Bucket. Mr. Krabs ups his offer to $3000 per week. Sandy accepts. Later that week Mr. Plankton hears from his neighbor, Squidward Tentacles, that Mr. Krabs is selling illegal drugs out of the Krusty Krab. Squidward shares this story with Mr. Plankton just after he had his wisdom teeth removed and while under the influence of nitrous oxide. Despite Squidward slurring his words and drooling profusely while telling the story, Plankton goes ahead and posts the story on Instagram. Krusty Krab sales drop by 50% the next day. Meanwhile, prolific inventor SpongeBob Squarepants offers to sell to Mr. Krabs rights to his latest invention, Le Spatula, a hydro-dynamic spatula that does amazing things, but only in fancy restaurants. Mr. Krabs says no thanks, then builds an identical spatula he names La Spatule for use in his restaurant. Needless to say, the lawsuits begin to fly. Answer the following questions based on this scenario: Fort this question, Mr. Krabs is outraged by the increase in the price of lobster. a) Where in the U.S. Constitution might the U.S. Congress find the right to regulate the price of lobster being shipped from Maine to California? b) Which Supreme Court decision handed down in the 1940's paved the way for Congress expanded powers? Provide the name of the case and one or two sentence description of the facts. c) Would Congress have the power to regulate the lobster sales if Mr. Krabs instead purchased his lobster from a California-based company? Explain. 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1The price of TransBC bonds paid by Premium is 500000 5000000 bonds of TransBC Operations Ltd The bonds were purchased 1 Feb 20X5 Interest at 4 is payable semiannually on January 31 and July 31 The bo... View the full answer
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The Legal Environment of Business Text and Cases
ISBN: 978-1305967304
10th edition
Authors: Frank B. Cross, Roger LeRoy Miller
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