Questions from Business Law

Q: British discovery practice differs from that in the United States. Most

British discovery practice differs from that in the United States. Most discovery in Britain concerns documents. The lawyers for the two sides, called solicitors, must deliver to the opposing side a...

Q: Pam Huber worked at Wal-Mart as a grocery order filler

Pam Huber worked at Wal-Mart as a grocery order filler, earning $13 an hour. While on the job, she suffered a permanent injury to her right arm and hand. Both she and Wal-Mart agreed that she was disa...

Q: Alan Dershowitz, a law professor famous for his prominent clients,

Alan Dershowitz, a law professor famous for his prominent clients, joined with other lawyers to open a kosher delicatessen, Maven’s Court. Dershowitz met with greater success at the bar than in the ki...

Q: Mrs. Meadows opened a biscuit shop called The Biscuit Bakery.

Mrs. Meadows opened a biscuit shop called The Biscuit Bakery. The business was not incorporated. Whenever she ordered supplies, she was careful to sign the contract in the name of the business, not pe...

Q: Kristine bought a Rocky Mountain Chocolate Factory franchise. Her franchise agreement

Kristine bought a Rocky Mountain Chocolate Factory franchise. Her franchise agreement required her to purchase a cash register that cost $3,000, with an annual maintenance fee of $773. The agreement a...

Q: If you were to look online for a description of a professional

If you were to look online for a description of a professional corporation, you might find websites stressing that, in a PC, shareholders are still responsible for their own wrongdoing. For example: “...

Q: What is the difference between close corporations and S corporations?

What is the difference between close corporations and S corporations?

Q: As you will see in Chapter 33, Facebook began life as

As you will see in Chapter 33, Facebook began life as a corporation, not an LLC. Why did the founder, Mark Zuckerberg make that decision?

Q: Corporations developed to encourage investors to contribute the capital needed to create

Corporations developed to encourage investors to contribute the capital needed to create large-scale manufacturing enterprises. But LLCs are often start-ups or other small businesses. Why do their mem...

Q: Leonard, an attorney, was negligent in his representation of Anthony

Leonard, an attorney, was negligent in his representation of Anthony. In settlement of Anthony’s claim against him, Leonard signed a promissory note for $10,400 on behalf of his law firm, an LLC. When...