Questions and Answers of Dynamic Business Law The Essentials

Valve Corporation makes and distributes its own games as well as games produced by third-party companies on a platform called Steam. In addition to Steam, Valve hosts a community-driven market called
William Jones applied to work for a Waffle House in Florida but was rejected. Some ten months later, Jones sued the Waffle House and data-reporting companies used by the restaurant, alleging that the
Kyle Connaughton was actively pursuing potential buyers for a ramen restaurant concept that he had created. Eventually, Chipotle’s CEO, Steven Ells displayed interest in Connaughton’s plan.
In 2006, Jack Kelly, LLC, entered into a commercial lease agreement for a second-floor space of a building located in Manhattan. The lease stated that “Tenant shall use and occupy the Demised
In 2016, a father of two minor children in Cuyahoga county, Ohio, filed a claim to determine custody of the children. At the pretrial, the father informed the magistrate he wanted to be named a legal
St. John’s Holdings (SJH), the buyer, and Two Electronics, the seller, were negotiating the terms of a land sale through email. Over the course of the exchange, SJH sent four unsigned drafts of a
Plaintiff entered into a contract with a general contractor to construct a facility. The general contractor subcontracted the roofing installation to Defendant. When the roof began to leak, Plaintiff
In 2006, Marshall Johnson, then a minor, was injured in a car accident. In 2008, the tortfeasor’s insurer, State Farm, and Johnson’s guardian settled a personal injury claim on Johnson’s behalf
Richard Brumitt, owner of Southway Systems, Inc., agreed to sell his stock in the company to DTSG, Ltd. DTSG’s owner, Don Oprea, contacted Tim Duffy, president of First Bank’s Small Business
Defendant Practice approached the Hospital about its desire to employ Dr. Rasheed and asked the Hospital to help facilitate his recruitment. The three entered into an agreement that Dr. Rasheed would
Plaintiff, a tenant in common in a piece of real property, had agreed to sell his interest therein to defendant, the other tenant in common. The contract of sale provided that defendant was to pay
Plaintiff and defendant enter into an agreement in which the plaintiff licenses the defendant to resell goods for the plaintiff. There is a fee of $419,000 in order for the defendant to obtain this
Linda Budd went searching for a new friend . . . and she found one for $400. A brand new puppy. She purchased the puppy from Bernadette Vicidomine, a person who regularly sells puppies. Budd took her
An Art Gallery and Plaintiff entered into an Art Administration Agreement, dated March 18, 2004. Pursuant to the Agreement, the Gallery was to administer artworks owned by and acquired for Plaintiff,
Plaintiff, a tree trimmer, purchased a pair of Brahma brand men’s work boots from Walmart on October 19, 2003. The boots’ packaging described the boots as “iron tough,” “rugged leather . .
JRM Hauling & Recycling Services, Inc. (“JRM”), and defendant, The Newark Group, Inc. (“Newark”), agreed to purchase and JRM agreed to sell “all secondary fiber produced by [JRM] at”
Matthew Wiggins, Jr., filed a suit on January 14, 2015, seeking payment from Christopher Janousek and Madeleine Griffin for a promissory note that matured in April 2010. The defendants, in this case,
On September 2006, Janice Logan executed a note for $304,000 in favor of IndyMac Bank, F.S.B. The note was secured by a mortgage on Logan’s property. In March 2010, Deutsche Bank National Trust Co.
T. Christian Cooper was a partner to Sanders and Richard Campbell d/b/a The Mullen Company. In 2001, Cooper helped bring about a management agreement between The Mullen Co. and Newnan Crossing
In 2006, Wachovia Corporation merged with World Savings Bank, FSB’s parent company and the successor company became known as Wachovia Mortgage, FSB. In 2008, Wells Fargo & Company acquired
In 2005, Lawrence Don, Victor Lissiak, and J. Randolph Light formed The Stretford at the Cascades Limited Partnership to develop a high-rise condominium in Tyler, Texas. Between 2005 and 2007,
In 2007, Indiana Golf and Sports Turf, LLC (“Indiana Golf”), entered into two separate purchase agreements with Deere Credit, Inc. (“Deere”) for five items of golf course maintenance
Joe and Maria Borges filed individual Chapter 11 voluntary petitions in bankruptcy in June 2010. The Borges did not complete the required credit counseling prior to filing their petitions but instead
When might a principal be liable for torts committed by an agent?
In February 2011, Paula Stenlund traveled to Panama City with her husband. While in Panama City, the Stenlunds were guests at the Panama City Marriott Hotel. Before and during the trip to Panama
Jose Vargas and Luis Felipe Villalobos were a two-man team independently contracted to Eves Express, Inc., to drive tractor-trailers. FMI, Inc. is a federally licensed motor carrier that conducts
This case arises from a principal appealing the damages it was awarded by a court from its agent. The defendant William Pompa had breached his duty of loyalty to plaintiff Wall Systems, Inc., by
Yumilicious, a company that franchises frozen yogurt restaurants in Texas, entered a franchising agreement with Why Not, LLC. The agreement was also personally guaranteed by the principals of Why
In April 2008, The First Pentecostal Church of Beaumont settled an insurance claim for property damage from Hurricane Rita. The church received $1,094,611.02. During this time, the church was
Compare and contrast common stock and preferred stock.
What is the business judgment rule?
Carnival Corporation & PLC is a dual-listed corporation, i.e., a corporate structure that joins separate corporations in a common economic enterprise. The dual-listed corporation (DLC) was formed
The Chomiak family opened a seasonal summer resort on the shores of Lake George in 1957. To run the resort, the Chomiaks formed a closely held corporation called Twin Bay Village, Inc. One hundred
Moto Inc. operates gasoline convenience stores throughout the American Midwest. It does business as MotoMart. In June 2011, the collective owners of at least 20 percent of Moto, Virgil Kirchoff,
What is the function of the SEC?
Stacey Greenfield sued the Canadian entities under Section 16(b) of the Securities Act of 1934. The Canadian entities which were a number of investment funds and partnerships. Canadian Fund LP and
The Garrett Group, a real estate company, was in financial trouble after the recession. It informed its creditor, CVB Financial Corporation that it could not make loan payments. After CVB
Compagnie Générale des Eaux was a centuries-old French utility conglomerate led by Jean MarieMessier. In 1998, Compagnie Générale des Eaux changed its name to Vivendi, S.A., and developed a plan
Marykate Ellingsworth lives with her husband in Allentown, Pennsylvania. In 2012, she was hired by The Hartford (an insurance company) as a customer service representative. After completing her
In October 2005, Blatt was diagnosed with “Gender Dysphoria, also known as Gender Identity Disorder,” which she argues substantially limits one or more of her major life activities, including,
On June 27, 2012, Abigail Strubel opened a Victoria’s Secret brand credit card to purchase an item for $19.99. The card was issued by Comenity Bank and the credit card agreement provided by
Fresh, Inc., is a cosmetics and skin care manufacturer. One of its product lines is Sugar Lip Treatment (Sugar), a lip balm. Sugar is a lip balm treatment that comes in various shades of color and
Verisign, Inc. is a long-established tech company that sells Internet domain names. Verisign also runs .com and.net top-level domains. In 2014, XYZ.COM, LLC entered the domain business and launched a

Showing 300 - 400 of 343

1
2
3
4