Business Law Help for College and University Students

Contract law

Grocery has a written contract with Cereal, Inc. to purchase 20 cases of cereal per month at $22 per case. The contract does not state the types of cereal or how the 20 cases will be divided up between Grocery's 20 stores in Any State. After a "twenty-year" flood, Cereal suffers severe water damage in its warehouse. With the exc ...continues

Questions 1 - 5

1. John owns an orchard behind Kay's house and property. The only access to the orchard is Kay's driveway, which John has used for years to get to his land. John sells the orchard to Lee. Can Lee use the right-of-way across Kay's property? Discuss. 2. American Manufacturing Company (AMC) requires that its employees w ...continues

Investment, mortgage, distribution of property and the need to raise finances. These are the topics covered in the five questions presented. Please see the questions in the long description.

Detailed guidance to answer these questions is given in the solution: 6. ISP Corporation is an Internet service provider. How can ISP obtain capital to finance its operations? Discuss the different options. 7. With a couple of new ideas regarding software design, Carol and Ray start a partnership that, with business su ...continues

Business Law

1. Which of the following statements are true? I. The US Constitution contains many prohibitions against government regulation, and many of these are contained in the Bill of Rights, which consists of the first 10 Amendment to the Constitution. II. The US Constitution is the highest source of law in the United States. a. ...continues

Multiple choice questions on business law.

Give suggestions for the following law questions: 1. Which of the following statements is true? a. If one has entered into a contract, one is obligated to fully perform one’s obligations under the contract, even if it becomes impossible to do so. b. One must perform all promises made under a contract, even if performance su ...continues

The Uniform Commercial Code (UCC) and UCITA

Before the UCC and the UCITA, what was one of the first, and most significant, of the U.S. government's attempts to promote uniformity in commercial laws from state to state? (Hint: think of "commerce" and Constitution). Based on the information presented above, what do you see as the major differences between Article 2 of th ...continues

International Business issues

a. If you were planning to conduct business in a foreign country, what type of business arrangement or business organization might you consider? Why? b. If you were planning to conduct business internationally, what issues would you consider regarding your intellectual property? c. Why are jurisdictional issues sign ...continues

Bankruptcy

I need help with the assignment... Consider the following cases on Bankruptcy and Reorganization. Petition In March 1988, Daniel E. Beren, John M. Elliot, and Edward, F. Mannino formed Walnut Street Four, a general partnership, to purchase and renovate an office building in Harrisburg, Pennsylvania. They borrowed more tha ...continues

Bankruptcy

What is the ratio of Chapter 7 to Chapter 11 filings for businesses? What is the typical time span for filing for Chapter 11, confirmation, and successful completion of the reorganization plan? I am having trouble finding a ratio of chapter 7 filings vs chapter 11 fillings for businessess and information on why some may fi ...continues

Law

List three types of intellectual property. U.S. constitutional provision granting federal government power to regulate business (2 words). List the elements necessary to establish a contract.