Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Law & Ethics Expert

Assignment 1- Read the following case studies and thoroughly answer the questions that follow in at least one paragraph each. Be sure to explain the reasoning behind your answer.

Case Study 1

Steve and Bill go out drinking. After Steve has had so many drinks that Bill knows (or should know) that Steve is very intoxicated, Steve says to Bill, "I'll sell you my house for $100,000." Bill accepts. The fair market value of Steve's house is $100,000.

Will Steve be able to avoid this transaction? Why or why not?

Case Study 2

Steve writes a letter to Bill one day saying, "I will sell you my house for $100,000." Completely unbeknownst to Bill, at the time Steve wrote the letter he was utterly intoxicated. The fair market value for the house is $100,000.

Will Steve have to sell his house to Bill? Why or why not?

Case Study 3

Mary, a longtime law professor, has been entering into quite a few contracts in recent months. One of those contracts was for the purchase of a riding lawn mower. Unbeknownst to the sales clerk who entered Mary into the contract, Mary is suffering from Alzheimer's, but has not been deemed incompetent by the state. On the day of delivery, the sales clerk delivers the lawn mower to Mary's apartment. Mary is surprised by the delivery of the mower and has no recollection of ordering it. The clerk shows her the contract.

Is this contract voidable and why?

Assignment 2- While working for Jaguar of Troy, Jeffery Perry applied for leave under the FMLA, in order to take care of his son, Victor. Victor had learning disabilities, attention deficit disorder, and attention deficit hyperactivity disorder. While Victor took medication and visited a doctor every six months, he could feed and dress himself. He rode the bus to and from school, played video games, watched TV, played with the neighborhood children, and rode his bike.

Two weeks after taking the leave, Jaguar informed Perry his leave was not considered to be covered under the FMLA. At the end of the summer, Perry inquired about his job and Jaguar told him it was filled, and there were no other jobs available. Perry sued claiming Jaguar violated the FMLA by failing to permit him to return to his job.

Did Jaguar's refusal of Perry's leave violate FMLA laws? Why or why not? Support your answer using available resources.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M91519979
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Business Law & Ethics

Assignment -purpose - this significant task requires

Assignment - Purpose - This significant task requires forward planning and adequate time for research, reading and reflecting. The purpose of the assignment is to enable you to achieve outcomes in knowledge, skill and ap ...

Question 1it has been said that good corporate governance

Question 1 It has been said that good corporate governance is an important ingredient in corporate success and that regulators should encourage good corporate governance. Required Discuss how good corporate governance is ...

Assignment - advanced financial accounting1 classification

Assignment - Advanced Financial Accounting 1. 'Classification of liabilities is based on the same principles as the classification of assets.' Do you agree with this? Why or why not? 2. 'Classification of liabilities as ...

Compare and contrast tort law and criminal law explain the

Compare and contrast tort law and criminal law. Explain the purpose of the law of torts in contract to the purposes of criminal law. Why are they different? Support your answer using specific examples from the textbook.

Property law for business assignment question -mrs betty

PROPERTY LAW FOR BUSINESS ASSIGNMENT QUESTION - Mrs Betty Joyce lives in an old, war-time vintage army shed in Baldivis. When she started to live in the shed, in the early 1960s, the whole area was a remote backwater. Si ...

Instructionplease choose one question from the following to

Instruction Please choose One question from the following to answer: 1. Dealsgate is a Victorian town in Southern-East England, famous for its beautiful beach. It used to attract many world-renowned writers and scholars ...

Introduction to business law assessment -case - garcia v

INTRODUCTION TO BUSINESS LAW ASSESSMENT - CASE - Garcia v NAB Introduction of relevant background of the issue, explanation and setting out the argument/theme, key issues and the structure that follows. Identification of ...

Group report1 this group assignment consists of 2 parts

GROUP REPORT 1. This group assignment consists of 2 parts. Part A is a case study on contract law, and Part B is a question involving Corporations Law. Both questions must be answered. 2. The total word limit for the gro ...

Assessment descriptionyou are required to watch the

Assessment Description You are required to watch the following YouTube clips from the GRI Secretariat: 1. The GRI Sustainability Reporting Standards: The Future of Reporting 2. Introducing the GRI Standards You must also ...

Corporations law - assignment questions -objectives -

CORPORATIONS LAW - ASSIGNMENT QUESTIONS - Objectives - Answer the following questions with reference to the relevant statute law and general common law principles operating in Australia concerning the consequences of the ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As