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Category: Business law

Discuss the validity and effect of each of the following-a. A, B, and C, manufacturers of stereos, orally agree that due to the disastrous, cutthroat competition in the market, they will establish a reasonable price to charge their purchasers.

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Q U E S T I O N S 1. Discuss the validity and effect of each of the following: a. A, B, and C, manufacturers of stereos, orally agree that due to the disastrous, cutthroat competition in the market, they will establish a reasonable price to charge their purchasers. b. D, E, F, and […]

Antitrust-Explain monopolization, attempts to monopolize, and conspiracies to monopolies and why they are illegal.

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Antitrust • Describe and explain horizontal restraints of trade. • Describe and explain vertical restraints of trade. • Explain monopolization, attempts to monopolize, and conspiracies to monopolies and why they are illegal. • Explain the Clayton Act and its rules governing(1) tying contracts, (2) exclusive dealing,(3) horizontal mergers, (4) vertical mergers, and(5) conglomerate mergers. • […]

What are the arguments in favor of the court not issuing the injunction?-What are the arguments in favor of the court issuing the injunction?

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ASSIGNMENT Southwire Company and Essex Group, Inc., are direct competitors in the cable and wire industry. Southwire’s logistics system is a warehouse organizational system with components extending from architectural layout features to customized equipment and modified computer software. Southwire’s logistics system was designed primarily over a three-year period, with a development cost exceeding $2 million, […]

May the trustee in bankruptcy set aside those three payments as voidable preferences? Explain.

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ASSIGNMENT 1. Freelin Conn filed a voluntary petition under Chapter 7 of the Bankruptcy Code on September 30, 2017. Conn listed BancOhio National Bank as having a claim incurred in October 2016 in the amount of $4,000 secured by an eight-year-old automobile. The car is listed as having a market value of $3,500. During the […]

Benson goes into bankruptcy. His estate is not sufficient to pay all taxes owed. Explain whether Benson’s taxes are discharged by the proceedings.

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ASSIGNMENT 1. a. Benson goes into bankruptcy. His estate is not sufficient to pay all taxes owed. Explain whether Benson’s taxes are discharged by the proceedings. b. Benson obtained property from Anderson on credit by representing that he was solvent when in fact he knew he was insolvent. Explain whether Benson’s debt to Anderson is […]

Discuss the arguments that Chrysler legally repossessed the automobile-Discuss the arguments that Chrysler illegally repossessed the automobile.

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ASSIGNMENT James Koontz agreed to purchase a Plymouth Sundance from Chrysler Credit Corporation (Chrysler) in exchange for sixty payments of $185.92. Koontz soon thereafter defaulted, and Chrysler notified Koontz that unless he made the payments, it would repossess the vehicle. Koontz responded by notifying Chrysler that he would make every effort to make up missed […]

Subsequently, the boat was moved to the State of New York. Explain whether Howell has a perfected security interest in the boat.

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ASSIGNMENT 1.National Cash Register Company (NCR), a manufacturer of cash registers, entered into a sales contract for a cash register with Edmund Carroll. On November 18, Firestone and Company made a loan to Carroll, who conveyed certain property to Firestone as collateral under a security agreement. The property outlined in the security agreement included “[a]ll […]

Does Sinclair have any valid defense against Carlton? Explain.

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ASSIGNMENT 1. Pamela Darden owed Clark $5,000 on an unsecured loan. On May 1, Pamela approached Clark for an additional loan of $3,000. Clark agreed to make the loan only if Pamela could obtain a surety. On May 5, Simpson agreed to be a surety on the $3,000 loan, which was granted that day. Both […]

What are the rights of Lincoln, Donaldson, Carter, and Thompson? What can the parties do to best protect themselves?

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ASSIGNMENT 1.On May 1, Lincoln lends Donaldson $200,000 and receives from Donaldson his agreement to pay this amount in two years and takes a security interest in the machinery and equipment in Donaldson’s factory. A proper financing statement is filed with respect to the security agreement. On August 1, upon Lincoln’s request, Donaldson executes an […]

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