Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Law & Ethics Expert

Short Answer problems

1. Bart agrees to put Sam’s Super Bowl championship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart $1,200 for the ball, could Bart accept this offer?

2. What type of notice must a principal who no longer wishes to be bound by the acts of his former agent give in order to prevent the agent from continuing to make contract in the principal's name.

3. Hardy is a CPA who prepares Hunter’s tax return for a fee. Hardy prepares Hunter’s return at the end of the filing season when he is really rushed for time and he misses many deductions which cost Hunter hundreds of dollars in tax liability. What responsibility does Hardy owe to Hunter?

4. In the problem above, suppose Hardy is just Hunter’s neighbour who knows something about taxes and he does Hunter’s return gratuitously. What is Hardy’s responsibility to Hunter in this situation?

5. Mr. Donnie Dim worked as a research assistant for the law firm as he was attending State U School of Law. He found the way to hack into proprietary legal research databases and do his research at little or no cost to his firm.  His performance was so good that law firm offered him a full time job on graduation from law school.  The hacked databases determine about Danny’s scam and sue the law firm for damages.  The law firm claims it didn’t know of Donny’s actions and will not have condoned it. Was Danny acting as the firm’s agent?

Case Problem

Mary Fletcher entered into the exclusive listing agreement with Robert Hicks, a licensed real estate broker, to have him help her sell some land and buildings. During the period of the listing agreement, Hicks was in contact with the number of prospective buyers, including Walter Steere. When listing agreement expired and the property was still unsold, Fletcher and Hicks agreed that Hicks will continue to market the property for her. Soon afterwards, Hicks told Fletcher that he had the offer from Steele to buy the property for $1 .1  million. After Fletcher accepted

Steele’s offer, she learned that Hicks and Steel had purchased the property together as partners. Has Hicks violated his agency duties to Fletcher? Describe.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M91479

Have any Question? 


Related Questions in Business Law & Ethics

Using the internet search for three different employee

Using the Internet, search for three different employee hiring and termination policies. Review each and look carefully for inconsistencies. Does each have a section addressing the requirements for the security of inform ...

Assignment landlord-tenant lawhint see chapters 29 and 30

Assignment: Landlord-Tenant Law HINT: See Chapters 29 and 30 of the text to help understand some of the legal issues covered in this assignment. Larry Landlord has recently renovated an apartment and has put it on the ma ...

Write a research paper that analyzes the evolving

Write a research paper that analyzes the evolving relationship between business and society.  Choose at least three of the topics from the course learning objectives (listed below), and clearly identify how the topics di ...

Assignment assault battery and crimes against personsreview

Assignment: Assault, Battery, and Crimes against Persons Review the following scenario in order to complete this assignment: (A) is walking alone late at night when a man suddenly jumps in front of her and drags her into ...

As this class draws to an end you covered a vast amount of

As this class draws to an end, you covered a vast amount of material pertaining to business law. From the classifications of law, contract formation, illegal agreements and various types of property, to business ethics, ...

Assignment the future of digital crimes and digital

Assignment: The Future of Digital Crimes and Digital Terrorism In the United States, a number of law enforcement agencies, including the Secret Service, the Federal Bureau of Investigation (FBI), and the Department of Ho ...

White collar crimesubmit a final essay of 2000 words about

White collar crime Submit a Final Essay of 2,000 words (about 4 pages, single-spaced, 12 font). For the Final Essay, based on the critical examination, analysis and discussion of various types and cases of white collar c ...

Assignment the future of digital crimes and digital

Assignment: The Future of Digital Crimes and Digital Terrorism In the United States, a number of law enforcement agencies, including the Secret Service, the Federal Bureau of Investigation (FBI), and the Department of Ho ...

Assignment alternatives to incarcerationrecent study

Assignment: Alternatives to Incarceration Recent study illustrates that nearly two (2) million juveniles are processed through juvenile courts across the United States each year. Depending on the nature of the crime, juv ...

Questionmark sophia and ben are partners in a small book

Question Mark, Sophia and Ben are partners in a small book selling business called TWB Book. They have no written agreement. When they decided to open their business, it was agreed that each partner could purchase goods ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen