How is real property different from personal property

Assignment Help Business Law and Ethics

Reference no: EM13757522

Directions: Please review the questions below and write a 3-4 page essay analyzing each legal issue presented in this week's modules readings. Please apply APA format with in text citing, reference list, and double-space. Limit your word count to 2,000 words. Please visit the Academic Resource Center for help with APA format.

If applicable, include arguments from each side. If a criminal case exists, you would present arguments from the prosecutor and the defense attorney. If it is a civil case, then you would argue as a plaintiff and defense lawyer. Be sure that your answers respond to the questions. Do not restate the problem in your answer. Mention the facts where relevant to your analysis. If you are asked for a recommendation, be sure to include one, but do not fail to consider counterarguments. If your answer depends upon essential information not set forth in the question, state what that information is and how it affects your answer. If facts are missing in your argument, please state what facts would be pertinent to each party's case; also list any facts or information that could potentially damage a party's case.

Read the questions carefully and attempt to answer each directly. Clear, well-organized, and concise writing will be rewarded. If there are ambiguities in the questions, discuss the ambiguity and how it impacts your answer. You may consult your text, lecture notes, or outlines that you have personally prepared.

Submit your responses to the following:

1. How is real property different from personal property? Give several examples of each.

2. Find a prenuptial agreement online. What provisions are included in your example? Is it important to have a prenuptial in today's society? Why and who may want to gain one prior to marriage?

3 What does it mean when a party to a contract assigns their rights? Who is the assignor? Who is the assignee? Who is the obligor? Why would someone want to assign their contractual rights over to another person?

4. Mr. Long executed the following legal document: "In consideration for goods sold to me on account by George Northman, I hereby transfer to George Northman all claims I may have against H. Hall arising from his debt of $1,500 to me." (Signed) Thomas Long, March 21, 2004

Who is the assignor?

Who is the assignee?

Why is Mr. Northman a party to this document?

Why is H. Hall a party to this document?

5. Thompson, the owner of a successful floral shop, orally promised Franks, an experienced floral arranger, a bonus of $10,000 and a monthly salary if Franks would work for Thompson for two years. The bonus was to be paid at the end of the two-year period. Franks actually did work for the full term of the oral agreement. Will the statute of frauds prevent Franks from collecting the bonus? Why or why not?

6. Cancho assigned to Plonski the right to collect $500 from Pitt. Pitt, who was not notified of the assignment, paid the $500 to Cancho. Can Plonski collect the $500 from Pitt? Why or why not?

Reference no: EM13757522

Questions Cloud

Describe the key differences between a network-based attack : Describe the key differences between a network-based attack and client-based attack. Give some examples of each and determine which deserves the most attention at this point in time. Explain your reasoning.

Work breakdown structure-tasks-subtask and work package : What was the most complex project that you have been involved in? Give examples of the following as they pertain to the project: the work breakdown structure, tasks, subtask, and work package. Were you on the critical path? Did it have a good project..

Explain the role that the private sector plays : Explain the role that the private sector plays in homeland security. Provide at least three (3) suggestions for improving the relationship between the private sector and the government in regard to homeland security.

Automobile manufacturers assumption : An automobile manufacturer's assumption that the demand for SUVs would continue because gas prices would continue to rise and An airline's assumption that there was a need for an airline that provided no added amenities

How is real property different from personal property : How is real property different from personal property? Give several examples of each. Find a prenuptial agreement online. What provisions are included in your example?

Describe operational CRM and its major components : Define customer relationship management and discuss the objectives of CRM. Describe operational CRM and its major components.

Manufacturing process consists of three sequential operation : A manufacturing process consists of three sequential operations. At maximum capacity, operation A can output 120 units per hour, Operation B can output 135 units per hour, and Operation C can output 130 units per hour.

Identify and explain the strong points of the managers : Identify and explain the strong points of the managers. Identify and explain areas in which improvement is needed

Create a driver class with a main method : Create a driver class with a main method that creates a course, adds several students, prints a roll, and prints the overall course test average

User Account

All Pages