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1. Mrs. Albert divorced her husband, and the court ordered their child, Daniel, to live with his mother. The husband promised Mrs. Albert to give Daniel a college education if Mrs. Albert would allow Daniel to live with him, which she did. When Mrs. Albert died, Daniel sued his father for an alleged breach of the contract between his mother and father, alleging that he, Daniel, had not obtained the college education. Can Daniel recover? 2. Aliki contracted to purchase at ten cents per pound all of the grapes produced by the Sunrise Vineyards for a period of ten years. Aliki subsequently assigned her right to these crops to the Claret Winery. Must the Sunrise Vineyards deliver to the Claret Winery? 3. Henderson made a contract with the City of Chicago for the cleaning of its streets for a period of five years, and after performing for two years, conveyed his interest in the contract to Dierwechter. Upon hearing of this, the city treated the contract with Henderson as discharged and refused to permit Dierwechter to perform. Dierwechter then brought suit against the city. Can he recover? 4. Ajax Co. contracted with Baxter to drill on the latter's land, for $150,000, a gas well according to certain plans and specifications. Baxter was to pay $75,000 when the work was half done and $75,000 upon completion. Baxter left that state to attend to some business. Ajax Co. assigned the contract to Xiao. Xiao, acting under the contract, began to drill the well but became insolvent and abandoned the operation when the well was only one-third completed. Upon returning to the state and discovering what had happened, Baxter asked Ajax Co. to complete the well, but Ajax refused. Baxter had the drilling of the well completed by another at a cost of $180,000. He then sued Ajax to recover damages for breach of contract. Will he recover?
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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