Questions from Business Law

Q: During his first marriage to Miriam Talbot, Robert Mirkil Talbot executed

During his first marriage to Miriam Talbot, Robert Mirkil Talbot executed a will in multiple originals that bequeathed his entire estate to Miriam, or if she should predecease him, to his friend J. Ba...

Q: Mr. and Mrs. Campbell were out in a small boat

Mr. and Mrs. Campbell were out in a small boat on Hyatt Lake near Ashland, Oregon. The boat capsized near the middle of the lake sometime in the afternoon. No one saw the capsizing or either of the Ca...

Q: Dr. Duncan R. Danforth, a 75-year-

Dr. Duncan R. Danforth, a 75-year-old man of substantial means, married 21-year-old Loretta Ollison. Immediately following the ceremony, the newlyweds went to a lawyer’s office, where Danforth execute...

Q: At the time George Neville and Tina Neville were married, George

At the time George Neville and Tina Neville were married, George was 31 years old and a practicing attorney and Tina was a 23-year-old medical student. After 7 years, Tina became a licensed physician....

Q: Ronald R. and Edith Johnston were married and had 3 sons

Ronald R. and Edith Johnston were married and had 3 sons ranging in age from 12 to 16 when the parties separated. Edith filed for divorce the same year. The Johnstons owned a primary residence worth $...

Q: To stabilize its currency, Argentina and its central bank, Banco

To stabilize its currency, Argentina and its central bank, Banco Central (collectively, Argentina), issued bonds called Bonods. The bonds, which were sold to investors worldwide, provided for repaymen...

Q: Prior to 1918, the Petrograd Metal Works, a Russian corporation

Prior to 1918, the Petrograd Metal Works, a Russian corporation, deposited a large sum of money with August Belmont, a private banker doing business in New York City under the name August Belmont & Co...

Q: Banco Nacional de Costa Rica is a bank wholly owned by the

Banco Nacional de Costa Rica is a bank wholly owned by the government of Costa Rica. It is subject to the rules and regulations adopted by the minister of finance and the central bank of Costa Rica. T...

Q: Zapata Off-Shore Company (Zapata) was a Houston,

Zapata Off-Shore Company (Zapata) was a Houston, Texas–based U.S. corporation that engaged in drilling oil wells throughout the world. Unterweser Reederei, GMBH (Unterweser), was a German corporation...

Q: Texas Gulf Sulphur Co. (TGS), a mining company,

Texas Gulf Sulphur Co. (TGS), a mining company, drilled an exploratory hole—Kidd 55—near Timmins, Ontario. Assay reports showed that the core from this drilling proved to be remarkably high in copper,...