Questions from Business Law

Q: Mario Bonsetti and Rico Sanchez incorporated Gnarly Vulcan Gear, Inc.

Mario Bonsetti and Rico Sanchez incorporated Gnarly Vulcan Gear, Inc. (GVG), to manufacture windsurfing equipment. Bonsetti owned 60 percent and Sanchez owned 40 percent of the corporation’s stock, an...

Q: For many years, New York City has had to deal with

For many years, New York City has had to deal with the vandalism and defacement of public property caused by unauthorized graffiti. In an effort to stop the damage, the city banned the sale of aerosol...

Q: United Pharmaceuticals, Inc., believes that it has developed a new

United Pharmaceuticals, Inc., believes that it has developed a new drug that will be effective in the treatment of patients with AIDS. The drug has had only limited testing, but United wants to make t...

Q: In December, Mendoza agreed to buy the broccoli grown on one

In December, Mendoza agreed to buy the broccoli grown on one hundred acres of Willow Glen’s one-thousand-acre broccoli farm. The sales contract specified F.O.B. Willow Glen’s field by Falcon Trucking....

Q: Robert Durbin, a student, borrowed funds from a bank for

Robert Durbin, a student, borrowed funds from a bank for his education and signed a promissory note for their repayment. The bank lent the funds under a federal program designed to assist students at...

Q: Provident Insurance, Inc., issued an insurance policy to a company

Provident Insurance, Inc., issued an insurance policy to a company providing an employee, Steve Matlin, with disability insurance. Soon thereafter, Matlin was diagnosed with “panic disorder and phobia...

Q: Myrtle Jackson owns several commercial buildings that she leases to businesses,

Myrtle Jackson owns several commercial buildings that she leases to businesses, one of which is a restaurant. The lease states that tenants are responsible for securing all necessary insurance policie...

Q: Should the mandate to offer employees health insurance be extended to include

Should the mandate to offer employees health insurance be extended to include small businesses? Or should it be repealed altogether? Explain.

Q: With respect to the division of property on divorce, should the

With respect to the division of property on divorce, should the conduct of the spouses during the marriage be a factor? Why or why not?

Q: What is the extent of a business’s ethical obligation to protect the

What is the extent of a business’s ethical obligation to protect the personal information of its customers and employees? Discuss.