case, Business Law and Ethics

Assignment Help:
Corgi was the breeder of prize-winning pedigree dogs that often sold for very high prices. Reynolds, a wealthy businessman who had recently retired, decided to purchase one of these dogs. His intention was to enter the animal in the various dog shows that were held from time to time across the country.

Reynolds knew very little about dogs. He explained to Corgi that he wished to purchase a young dog that was already a prize-winning specimen of the breed. Corgi took Reynolds to a fenced run where several young dogs were caged. He pointed to one dog that he said, in his opinion, had the greatest potential, and that it had already won a prize at a local dog show. Corgi pointed to a red ribbon pinned to the opposite wall of the kennel building and explained that it was a first-prize ribbon that the dog had won. Reynolds did not bother to examine the ribbon.

Reynolds purchased the dog for $1,000 and took it home. His neighbour later saw the dog in Reynolds'' backyard. He instantly recognized it as the dog that had recently won the first-prize ribbon in the children''s pet show at the neighbourhood park. When he told Reynolds where he had last seen the dog, Reynolds telephoned Corgi immediately and demanded his money back.

Corgi refused to return Reynolds'' money or take back the dog, and Reynolds threatened to take legal proceedings against him. Reynolds was unable to do so immediately, however, as he was called out of town on a family matter the next day. He was obliged to leave the dog with his neighbour during his absence. Reynolds advised the neighbour to take care of the animal as if it were his own.

Reynolds was out of town for several weeks. During that time, his neighbour entered the dog in a dog show sponsored by a kennel club. The dog won first prize in its class for its breed. On Reynolds'' return, the neighbour advised him of his success. The two men decided to enter the dog in another dog show that was scheduled to be held in a nearby city.

At this second show, the dog placed only third in its class, and Reynolds was disappointed. He returned home and immediately took legal action against Corgi.

Discuss the basis of Reynolds'' claim and the defences (if any) of Corgi. Render, with reasons, a decision.

Related Discussions:- case

Advantages of arbitration, Advantages of Arbitration (a) First is, Sp...

Advantages of Arbitration (a) First is, Speed : It is a faster scheme of dispute resolution (b) Second is, Convenient : Parties are free for determine as; Th

Termination of an offer - revocation, Termination of an Offer - Revocation ...

Termination of an Offer - Revocation Such offer is "revoked" whether the offeror changes his thinking and withdraws it as for expressly or impliedly.  However to be valid suc

Illustrate the maintenance phase of policy process, Illustrate the Maintena...

Illustrate the Maintenance Phase of policy process a) Develop a plan for active maintenance and review Who will ensure that policies are actively maintained and reviewed? H

Determine the role of policy entrepreneurs, Determine the role of Policy en...

Determine the role of Policy entrepreneurs These couplings are made, Kingdon argues that policy "entrepreneurs" brokers or middlemen, known as Policy entrepreneurs, play a key

Business law for commercial transactions, (These are short answer assignmen...

(These are short answer assignments; just a few paragraphs for each part is all that is required) Assignment 1: Discussion Questions In this assignment, you will research and appl

What was the unsc resolution 1540, UNSC adopted resolution 1540 UNSC ad...

UNSC adopted resolution 1540 UNSC adopted resolution 1540 stating to take appropriate and effective actions against any threat to international peace and security caused by the

Variation of class rights of the preference shareholders, Variation of clas...

Variation of class rights of the preference shareholders: This was not a variation of class rights of the preference shareholders.  The company could resolve to go keen on liq

Proceedings at meetings - held, Proceedings at meetings - Held: Held: ...

Proceedings at meetings - Held: Held: The resolution as passed was invalid since it was not the special resolution of which notice had been given.  Even the retention of 321 p

Misconduct in employment law, Question 1: " One of those general precep...

Question 1: " One of those general precepts of our law of contract is that covenants legally entered into cannot be revoked except by the mutual consent of the parties theret

Role and Functions of Law, Discuss the roles of law and courts in today''s ...

Discuss the roles of law and courts in today''s business environment. •Compare and contrast the federal court structure with your Florida''s court structure. •Discuss the concept

Write Your Message!

Captcha
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