Eric Stratum and Terese Brown formed ESTB, L.L.C., a member-managed limited liability company created for the purpose of owning and leasing a residential apartment building. The term of the LLC was 25 years. Their operating agreement provided that each owned 50 percent of the LLC. Stratum contributed $120,000 cash as his contrib
In the case of Altman v. Steve's Music Store Inc, we have to role play. Thus we are the defendant in this case, so we need the summary or essay for defendant in this case. Here is the source: http://wiselaw.blogspot.com/2011/04/altman-v-steves-music-case-for-moral.html http://license.icopyright.net/user/viewFreeUse.act?
Have you ever thought about why companies have to reinvent themselves, just to keep from having to go out of business, because of changing business conditions? Please give your comments and thoughts. Sarbanes-Oxley Act of 2002 has been described as the most far-reaching legislation affecting business since the passage of
A US inventor has developed and patented a new running shoe that can increase a runner's speed substantially. He got two proposals from two different companies who would like to form a joint venture with him. One company is a French sportswear giant which has a marketing and distribution system in every major city in Western
Bello Wine Co. in France produces and exports wines. It sold 1,245 cases of its wine to Tippler Distributing Co., in the United States. The contract did not use any trade terms or specify any delivery terms to any specific destination. Bello, through its agent in the United States, selected Bigport for the port of entry in the U
Complete a case analysis. Read the following case and prepare a brief summary of the case. Lee v. Weisman, 505 U.S. 577 (1992). Format of the case analysis: Case Name Case Citation Plaintiffs.List all plaintiffs and explain who they are and the positions they hold or reason they are a plaintiff. Defen
Title X of the Public Health Service Act provides federal funding for family-planning services. Section 1008 of the statute specifies that none of the federal funds provided under Title X are to be "used in programs where abortion is a method of family planning." In 1988, the Secretary of Health and Human Services issued new reg
Promissory Estoppel: In July 2006, Hernandez was employed by Nestle as an industrial engineer. Hernandez learned of a job opening at UPS Supply Chain Solutions, Inc., and applied for it. He interviewed with UPS representatives and received a written job offer from UPS for a management trainee position in the El Paso, Texas, I
Question # 1 When doing business with a foreign company, would you take into consideration the conversion rate of the dollar in order to determine a "fair" price for the products or would you simply charge what the goods are worth? Why or why not? Question # 2 It seems as if some lawyers use the media and trials to mak
1. What real-world examples of the Law of Diminishing Returns do you have to share? Why this 'law' is also referred to as the "flowerpot law?" 2. All demand curves have an elastic range, an inelastic range, and a point where elasticity = 1. As you move up the demand curve elasticity increases. The following graph, which is
Read the below and answer in regards to article: Do you feel the Acts were appropriate actions for the government to take? Where they effective? "The Securities Act of 1933 in its time was the first federal legislation that addressed issues that deal with sale of securities. Before this federal legislation it was the states
Please help with the following problem. Transactions between two parties may take the basic form of either secured or nonsecured. Compare and contrast the two and describe in detail the risks of each. Level: Master Accounting and CPA.
Ms. Johnson is an independent window washer who has been hired to wash the windows of the Jensen headquarters building. While scrubbing on a window on the 67th floor, she hears (through a ventilation screen) the president and the chairman of the board discussing, in confidence, that the corporation has discovered a new growth ho
Are the actions undertaken by the companies or individuals in the following scenarios legal or illegal pursuant to U. S. law? Please explain each of your answers. Scenario # 1 A cash payment of $100 made by an agent of Chicago Chemicals Co., a U. S. corporation, to a processing clerk in the Chilean Office of Business Licensi
"The 22 Immutable Laws of Marketing," by Al Reis & Jack Trout. What are your thoughts on the opinions and positions of Ries and Trout? Do their laws still apply? Considering how we communicate and respond in the 21st century, do basic laws of marketing change over time.
View the video script: 'Bait and Switch'. Write a report that answers the following: 1. Betty drove three hours in one-hundred degree heat. Explain if this fact has any bearing on whether or not the dealer must perform in accordance with the published advertisement. 2. When Tony said over the phone 'three thousand dollars firm', explain whether or not he was making an offer that, if accepted, would bind the dealership in contract. 3. Explain whether or not advertised specials can be taken advantage of by employees of the advertiser. 4. Explain to what extent an advertisement binds the advertiser to the terms of the advertisement. 5. Explain to what extent an advertisement has to be true.
View the video script: 'Bait and Switch'. Write a report that answers the following: 1. Betty drove three hours in one-hundred degree heat. Explain if this fact has any bearing on whether or not the dealer must perform in accordance with the published advertisement. 2. When Tony said over the phone 'three thousand dollars
Define intellectual property and Discuss intellectual property laws
Answer the question as if you are counsel for Reardon: Ressorp, Inc. in Japan agreed to sell 700 television sets to Reardon, a wholesaler, in the United States for US$ 144,417.00. Ressorp, Inc. and Reardon expressly agreed that Reardon would not pay for the television sets until Reardon both received and sold the merchandise
Answer the question as if you are counsel for Jolly Canning Co in 200 to 300 words The Jolly Canning Co. in Hawaii agreed to sell 10,000 cases of canned green beans to the Merry Produce Co. in New York. The terms were FOB Bigport in Hawaii. The parties agreed that the governing rules were Incoterms 1990. Jolly, by mistake, de
Please complete the following questions: 1. What accounting issues does the Sarbanes-Oxley Act of 2002 address? 2. How do the act's provisions change the behavior of senior corporate executives and accounting professionals? 3. Do you think this is an effective solution or will it create additional paperwork? Explain.
Brooks Corporation sells computers under a 2 year warranty contract that requires the corporation to replace defective parts and to provide the necesary repair labor. During 2010 the corporation sells for cash 400 computers at a unit price of 2,500. On the basis past experience, the 2 year warranty costs are estimated to be $155
Question 1. Otel Corporation entered into an agreement with its investment banker to sell 15 million shares of the company's stock with Otel netting $270 million dollars from the offering. The out-of-pocket expenses incurred by the investment banker were $5,000,000. a. What profit or loss would the investment banker incu
Write a paper in which you explain the application and implication of each the following laws for your employer. Analyze at the following employee safety, health, and welfare laws: Family and Medical Leave Act (FMLA) Worker's compensation Occupational Safety and Health Act (OSHA) Other applicable laws Answer the f
QUESTIONS 1. Precedent is defined as: a. A past judicial decision relied on as authority in a present case . b. The process for compelling witnesses to appear before a court and give testimony c. To decide a case; settle by judicial decree 2. Does the following job posting demonstrate a valid BFOQ? Now hirin
Is ethics all that the law requires?
In which of the following situations would a court likely hold Melissa liable for copyright infringement? At the library, Melissa photocopies 10 pages from a scholarly journal relating to a topic on which she is writing a term paper. Melissa makes leather handbags and sells them in her small leather shop. She advertise
Assume you manage a work facility (retail store, factory, warehouse) and you have a case of racial discrimination and one of disability discrimination. What differences may exist in how you would investigate the cases and act on them? What actions would you recommend to resolve the cases?
Read the following scenarios and explain whether the court will likely grant specific performance or compensatory damages. a. Buffy contracts to sell her home to Dixie for $200,000. Before the deal closes, Barney offers to purchase the house for $225,000. Buffy refuses to sell the property to Dixie. b. Sinbad contracts to
Please help answer the following problem. Ramos, Inc. began work in 2008 on contract #3814, which provided for a contract price of $7,200,000. Other details follow: 2008 2009 Costs Incurred During the Year $1,200,000 $3,675,