Determining the result of a judgment

Assignment Help Business Law and Ethics
Reference no: EM132532812

When the owner of a drug store began to realize that as a result of a judgment against him, his drug store would be sold to pay his creditors, the owner connived with a friend by selling to the latter for a small sum the drug store. The creditors were not in any way able to recover from the owner, so they asked for the rescission of said sale of the drug store. Will rescission prosper?

Reference no: EM132532812

Questions Cloud

Create multitape turing machine : Create a multitape turing machine with THREE tapes. Be sure to submit a .jff file not an image.
Record the appropriate journal entry for each transaction : Record the appropriate journal entry for each transaction. Received a $40 invoice from AT&T for this month's phone service,performed $160 of services
Calculate the thickness of plates and section : Draw a midship frame to include plates, stiffeners, webframes and girders for the bottom shell, double bottom, side and deck plating.
Compute the mount of accumulated depreciation : If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2018 and (2) 2019?
Determining the result of a judgment : When the owner of a drug store began to realize that as a result of a judgment against him, his drug store would be sold to pay his creditors, the owner connive
Auditing process to examine effective controls : Research computer-assisted tools and techniques for the auditing process to examine effective controls.
When should the bequest be recognized by Kudzoo University : The classroom building planning and construction began December 3, 2019, When should the $15,000,000 bequest be recognized by Kudzoo University
Discuss the importance of the organization policies : Discuss the importance of the organization's policies and practices as they relate to information systems and IT infrastructure.
What is the amount of the total cash outflow in year zero : What is the amount of the total cash outflow in year zero? What is the IRR of project rounded to two decimal places? What is operating cash flow for each year?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Resolve most disputes over the extent of liability

The parties to a suit may dispute the fact and extent of liability. Disputes over whether the defendant was liable often have no scope for compromise.

  Does a lawyer duty of candour to a tribunal under texas

Does a lawyer's duty of candor to a tribunal under Texas Disciplinary Rule 3.03 require defense counsel in a criminal case to correct mistaken or inaccurate statements made in court by a prosecutor about prior convictions of the defendant, if neither..

  List the issues and state the laws applicable

List The issues and state the laws applicable. Kyle took your advice and decided not to spend the money to fight for his claim to "KFC.com" as the domain name for his new product line, Kyle's Fine Condiments. Kyle, however, does want to continue the ..

  How do you think law enforcement agencies or support service

What do you think are the biggest challenges for local law enforcement agencies regarding identifying and preventing potential terrorist activities? Explain. Have law enforcement capabilities been hindered or improved because of the implementation ..

  Can nursing services recover from janine

In view of the fact that no express contract was ever formed, can Nursing Services recover the $4,000 from Janine? If so, under what legal theory? Discuss.

  Examine the political climate when both cases were decided

Examine the political climate when both cases were decided. Look at what philosophical underpinnings may have influenced the thinking of the court of the respective eras of these cases. How did the courts in each era read the U.S. Constitution differ..

  What is a royal commission and how is it used by government

What is the CCTC? Who is part of the CCTC? Briefly summarize the success of the CCTC has achieved in its mandate. What is a Royal Commission and how is it used by the government

  Joan and don are also concerned about their contract with

joan and don are also concerned about their contract with salvo foods. they would like to know if they can get

  From your reading this week and research analyze the

from your reading this week and research analyze the development of the defense of consent to the charge of rape from

  Define ultimate goal of a customer-centered organization

Is the ultimate goal of a customer-centered organization to maximize its customer satisfaction or to create high customer satisfaction?

  What are the verbal and nonverbal communication styles

What are the verbal and nonverbal communication styles that can help police officers in their approach to Asian/Pacific American citizens? Does understanding the cultural components of these styles and behaviors help you to become more sensitiv..

  The term that is used when all the terms of a contract

The term that is used when all the terms of a contract have been fully performed by the contracting parties

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd