Reference no: EM131380742
Giovanni has always been a religious man. He grew up as a member of the Church of Rock and has stayed very active in the religious community. The Church is a qualified charitable entity in New Jersey that actively recruits young members to join the board of directors. Giovanni is a successful attorney and he makes frequent donations to the church for all sorts of fundraising events.
In 2000, when Giovanni "accidentally" comingles his funds with a client's funds, he is disbarred from the practice of law. He continues to make a little money lecturing on "bad legal practices," but he cannot keep up the lifestyle he has come to know. He turns to the church for support and befriends Ethel, an elderly congregant who gives Giovanni hope that his life will turn around. When Ethel passes away in February 2003, she leaves Giovanni a $45,000 inheritance. Grateful for her support and encouragement, and knowing that he would not have received this request without his continued church activities, he immediately donates $40,000 to the church.
In August of 2003, Giovanni can no longer afford his home and he has substantial credit card debt and medical bills. He files for Chapter 7 bankruptcy and hopes he can work out a fresh start. While the bankruptcy is underway, his Chapter 7 Trustee files a motion for summary judgment seeking to avoid the $40,000 donation, saying that this money should go to his creditors instead. Giovanni is terribly upset and says that he has always donated to the church. He gives the Trustee a chart outlining his income and donation in years past.
|
|
1999
|
2000
|
2001
|
2002
|
2003
|
|
Church Donations
|
$56,000
|
$3,210
|
$2,018
|
$1,312
|
$44,650
|
|
Income
|
$622,222
|
$80,250
|
$33,633
|
$26,240
|
$48,720
|
|
Donations as a percent of income
|
9%
|
4%
|
6%
|
5%
|
92%
|
Who is entitled to this $40,000? Will the church be allowed to keep the money? Why or why not? Please use the appropriate statutory law and case law to support your opinion.
|
Describe your design of the given client requirements
: Outline suggested security requirements for the Website to protect information. Describe your design of the following client requirements and the importance of each element that you include in the client's Website.
|
|
What needs to take place for this vision to become reality
: Whirlpool's goal is "a Whirlpool product in every home, everywhere."- describe what needs to take place for this vision to become a reality.
|
|
Explain the legal position under the companies act
: Explain the legal position under the Companies Act 1965 , if it is discovered that RAS Bhd has paid a cash dividend out of capital
|
|
Write a response about the given post
: Violet is in a tough and vulnerable position that many women and single mothers can relate to. She has so many responsibilities piling up including going back to school, in need of a new career, three children with different specific needs, not t..
|
|
Will the church be allowed to keep the money why or why not
: Who is entitled to this $40,000? Will the church be allowed to keep the money? Why or why not? Please use the appropriate statutory law and case law to support your opinion
|
|
Identify common challenges and issue that arise in workplace
: Identify common challenges and issues that arise in workplace. Evaluate strategies for addressing the challenges. Integrate your findings with evidence-based literature from journal articles, textbook, and additional scholarly sources.
|
|
What accounts for these differences in their approaches
: Firms differ, often substantially, in their organizational structures even within the same industry. What accounts for these differences in their approaches?
|
|
What were the unemployment rates for adult women
: What were the unemployment rates for adult women, teenagers, blacks, Hispanics, and whites? How did these rates compare with those a month earlier - Why is unemployment an economic problem?
|
|
Describe types of psychological research methods
: A literature review is a critical reading of research that has been already been published and a key academic competency. Your ability to evaluate the quality of someone else's research demonstrates knowledge of the field you are studying. The ski..
|