Ulysses bought whiteacre from gordon

Assignment Help Business Management
Reference no: EM13983612

Ulysses bought Whiteacre from Gordon but never recorded the deed. Gordon stayed on the property as a tenant for three (3) years. Near the end of the three (3) years, Gordon learned that Ulysses had never recorded the deed. Gordon advertised Whiteacre for sale and Cheryl negotiated with Gordon thinking that Gordon was the owner. Finally, Cheryl checked the records at the recording office and, finding no reason to question Gordon's ownership of the property, purchased Whiteacre from Gordon. Cheryl recorded the deed and Gordon fled with the purchase money. Meanwhile, Ulysses had failed to pay the real estate taxes on Whiteacre for the three (3) years in question thinking it was the responsibility of Gordon, the tenant. Ultimately, Cheryl and Ulysses disputed over the ownership of the property. Decide the case between Cheryl and Ulysses. Also decide whether Ulysses is responsible for the three (3) years of real estate taxes assessed while Gordon occupied the property as a tenant. 

Reference no: EM13983612

Questions Cloud

What is the net income for the cougar detective agency : The balance to be shown in the Accumulated Depreciation-Vehicle account on the Balance Sheet for the Cougar Detective Agency is a credit of
How many moles of oxygen can be separated : Assuming Carnot efficiency, how many moles of 02 can be separated out before the power source is depleted (remember: the temperature of the well decreases as energy is extracted from it).
Brock is a shareholder of competent homebuilders : Brock is a shareholder of Competent Homebuilders Corporation (CHC). For the last few years, business has not been profitable for CHC, and the firm has continued to lose money on its operations. The firm did generate some profit through sales of compa..
What is the corresponding magnetic field : A totally absorbing detector of area A = 10 cm2 lies perpendicularly to the direction of propagation. How much energy is absorbed by the detector in one second?
Ulysses bought whiteacre from gordon : Ulysses bought Whiteacre from Gordon but never recorded the deed. Gordon stayed on the property as a tenant for three (3) years. Near the end of the three (3) years, Gordon learned that Ulysses had never recorded the deed. Gordon advertised Whiteacre..
What is the entry to apply overhead to production : If direct labor for the month is $30,000, overhead is applied based on direct labor, annual overhead is estimated to be $500,000, and annual direct labor is estimated to be $800,000, what is the entry to apply overhead to production?
Defines the steps for stakeholder analysis : Beth is the project manager for a large health care project. She is working with the project sponsor to define the steps she'll use to perform stakeholder analysis. Which of the following correctly defines the steps for stakeholder analysis
Clockwise around the board a number : A highly simplified game of "Monopoly" is played on a board with four squares as shown in Figure 11.8. You start at GO. You roll a die and move clockwise around the board a number of squares equal to the number that turns up on the die.
Prepare the journal entry to record the defaulted balance : The Rock has credit sales of $500,000 during 2011 and estimates at the end of 2011 that 2 percent of these credit sales will eventually default. Also, during 2011 a customer defaults on a $1,800 balance related to goods purchased in 2010. Prepare the..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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