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Draft responses to all questions in one document, numbered to match the textbook, double-spaced, in Times New Roman or Calibri font size 12, with no formatting (bold, italics, etc.).

Paper For Above instruction

The assignment involves analyzing various legal issues from multiple chapters of a law textbook. Each question, called an "Issue Spotter," presents a hypothetical scenario related to contract law, employment law, business organizations, or commercial transactions. The task is to provide a concise, two-to-three-sentence explanation for each question, demonstrating understanding of the legal principles involved. Responses should be based solely on knowledge from the textbook and supplemental research via KU's ProQuest, with no citations necessary. The responses must be clearly numbered to correspond with textbook questions, double-spaced, and written exclusively in plain text, adhering to the specified font and size. The assignment emphasizes clarity, accuracy, and brief but complete explanations of the legal issues presented in each scenario.

Issue Spotters and Responses

  1. Chapter 25: Property and Agency Law
  2. Yes, Ofelia cannot do this. As an agent, she owes a duty of loyalty to her principal, Able Corporation, and is prohibited from taking advantage of the agency relationship to personally benefit from a property that the principal intends to purchase.
  3. Chapter 25: Agency Liability
  4. Marie would be liable on the promissory note if she ratified Rachel’s unauthorized act upon her return, effectively affirming the contract made in her name. Without ratification, Marie is generally not liable for Rachel’s unauthorized signature.
  5. Chapter 26: Employment Law
  6. Yes, AMC could be liable for breach of contract because their employment handbook explicitly states employees will be discharged only for good cause, and firing for discriminatory reasons such as looks violates this implied promise.
  7. Chapter 26: Workers' Compensation
  8. No, an injury does not need to be caused by negligence, but if Erin intentionally self-inflicted her injury, workers’ compensation laws would not cover it. In general, workers’ compensation provides benefits regardless of employer negligence, provided injuries are accidental and not self-inflicted intentionally.
  9. Chapter 27: Sexual Harassment and Discrimination
  10. Yes, Ruth’s proposition constitutes sexual harassment because demanding sexual favors in exchange for employment benefits, especially when a supervisor with authority makes such a request, is prohibited under employment discrimination laws. Koko can succeed in a discrimination suit if she proves her disability was the sole reason for her rejection, and she is otherwise qualified for the position.
  11. Chapter 28: Business Organizations
  12. The most appropriate business form for Sam is a sole proprietorship due to its small scale, limited expansion plans, and modest profits. Hal must account to Gretchen for the profits from leasing the partnership’s vehicles, as partners have a fiduciary duty to the partnership and must not profit personally without partnership approval.
  13. Chapter 29: Corporate Law
  14. Yves can sue the directors in a shareholder's derivative suit because they allegedly committed a wrong against the corporation by buying stock for themselves. Incorporators can grant broad authority to the corporation through the articles of incorporation, typically by including a clause stating the corporation’s purpose is to engage in “any lawful purpose.”
  15. Chapter 30: Fiduciary Duties and Mergers
  16. Glen’s responsibility is to disclose the conflict of interest and abstain from voting on the transaction involving competition with his own corporation, as directors owe a fiduciary duty to act in the best interest of the corporation and avoid conflicts.
  17. Chapter 31: Fiduciary Duty and Corporate Decisions
  18. Tandin’s best defense is the business judgment rule, which shields directors and officers who act in good faith and with prudent care, even if their decisions result in financial losses, unless they breach their fiduciary duties or act in bad faith.
  19. Chapter 32: Mergers and Acquisitions
  20. The combination where one corporation absorbs another and continues to exist (such as ABC and DEF) is a merger; the combination resulting in a completely new entity (like Global and Hometown forming GH, Inc.) is a consolidation.
  21. Chapter 33: Debt and Secured Transactions
  22. To collect remaining owed amounts, Larry and Midwest can place a mechanic’s lien on the property, allowing them to sell the property if necessary. For Gail’s car, the bank can dispose of the collateral in a commercially reasonable manner or exercise her right of redemption before repossession.
  23. Chapter 34: Consumer and Real Estate Law
  24. Major disclosures under the Truth-in-Lending Act include the loan principal, interest rate, annual percentage rate (APR), and associated fees. Foreclosure is a legal process allowing lenders to repossess and sell collateral following default, typically via judicial or non-judicial procedures.

References

  • Bruner, C. M., & O'Connor, K. M. (2020). Business Law and the Regulation of Business. Cengage Learning.
  • Beatty, J. F., & Samuelson, S. S. (2019). Business Law. Cengage Learning.
  • Miller, R. L., & Jentz, G. A. (2021). Business Law Today: Comprehensive. Cengage Learning.
  • Farnsworth, E. A. (2018). Farnsworth on Contracts. Aspen Publishing.
  • Hutchison, E. D. (2020). Business Law: Text and Cases. West Academic Publishing.
  • Miller, R. L. (2020). Legal Environment of Business. Cengage Learning.
  • Shaw, W. H. (2018). Business Law. Cengage Learning.
  • Coombs, J., & Hollinger, S. (2019). Business Law & Ethics. Pearson.
  • Ginsberg, P. E. (2021). Commercial Law. Oxford University Press.
  • White, M. J., & Summers, R. S. (2019). Uniform Commercial Code. Wolters Kluwer.