Purchase Solution

Legal Issues of Returned Items, Boardwalk Books, Press Pub.

Not what you're looking for?

Ask Custom Question

Press Publishers sold 100 copies of a new hardback book entitled Business Law to Boardwalk Books. The contract between Press Publishing and Boardwalk Books provides, in relevant part, that Boardwalk may return to Press any unused copies of the book within six months. During the six-month period, Boardwalk sold only five copies of these books. However, twenty copies were damaged from sitting on the bookshelf for six months and having customers rip pages and spill coffee on them. Boardwalk wants to return all ninety-five copies to Press. Discuss.

Purchase this Solution

Solution Summary

The solution describes legal issues regarding books that were damaged and the bookstore wants to return them to the publisher under terms of a contract.

Solution Preview

The plain truth of the scenario is that Boardwalk will only be able to return and get credit for 75 copies of the book.

Had Boardwalk Books taken the books in on consignment from Press Publishers with an agreement to sell the books on behalf of the publisher, ownership would not have transferred and the damage incurred would have been under the ownership of Press. However, it is stated that Boardwalk actually ...

Purchase this Solution


Free BrainMass Quizzes
Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.