Ask Business Law & Ethics Expert

Select two of the scenarios below and explain the best solution. Include comments related to any ethical issues that arise. You should try to locate at least one scholarly source or one case that has been decided or is currently pending to support your answer.

Scenario 1-Contracts

Dr. Carver, a cardiologist, entered into an employment agreement with the Heart Institute. According to the contract, after termination of his employment, for two years, he could not compete with the Heart Institute within a 100-mile radius of it. One year after resigning from the Heart Institute, Dr. Carver opened his own practice within 75 miles of the company and began seeing patients. The Heart Institute filed a breach-of-contract lawsuit against him.

Provide potential arguments for both parties regarding the breach of the noncompete contract lawsuit. Support your arguments with cases or scholarly articles.

Scenario 2-Intellectual Property

Professor Smart teaches criminal law for Cal Western School of Law, a for-profit law school. Several times during the semester, the professor made copies of various articles and distributed them to his students. Unbeknownst to Smart, the son of one of the article's authors is a student in his class. The son tells his father about Smart's copying, which has taken place without the father's or publisher's permission. The father sues Smart for copyright infringement. Smart claims protection under the fair use doctrine.

Provide arguments for each party. Determine which party will win. Provide support for the arguments and the final answer with cases or scholarly articles.

Scenario 3-Antitrust

In October 2015, Walgreens, the largest drugstore chain in the U.S., announced plans to purchase Rite Aid, another leading drugstore chain. The purchase will face close scrutiny by the Federal Trade Commission (FTC) for potential violation of antitrust laws.

Present arguments in favor of the purchase and for those who oppose it based on antitrust laws.

Scenario 4-Consumer Protection

On July 15, a salesperson for Liberty Life Insurance met with the Plunks at their home. The Plunks lived in a 55+ retirement community that prohibited door-to-door sales. After facing a persuasive sales pitch about the importance of providing for the surviving spouse and their kids and grandkids, the Plunks signed a contract to purchase a life insurance policy for a total of $1,000 per year. A down payment of $100 was required, with the remainder of the cost to be paid in monthly payments. Two days later, the Plunks had second thoughts about purchasing the insurance. Mr. Plunk contacted the insurance company and stated that they had decided to cancel the contract. The insurance company said it would be impossible to cancel the first year and the Plunks would be in breach of contract if they did not make all of the payments.

Did Liberty Life Insurance violate any consumer laws by not allowing the Plunks to rescind their contract? Explain.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M91755094
  • 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 ...

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 ...

Managing the legal environment assignment - research

MANAGING THE LEGAL ENVIRONMENT ASSIGNMENT - RESEARCH PROJECT Company: Nike (a) Summarise in about 250-500 words the characteristics/features of the organisation (you can choose a statutory/government body or select a bus ...

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 ...

Business law assignment question -mabo has been said to a

BUSINESS LAW ASSIGNMENT QUESTION - Mabo has been said to a cornerstone of the Australian legal system. Your response must discuss the following: 1. Discussion of the Mabo (No 2) case. 2. Explain the impacts of the case o ...

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 ...

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 ...

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.

Assessment taskassignment questiondiscussi the main ways

Assessment Task Assignment question: Discuss: i. the main ways that a company may source finance; and ii. the benefits and costs associated with the main sources of corporate finance. Guidance - Students are to read text ...

Australian commercial and corporations law assignment -this

Australian Commercial and Corporations Law Assignment - This assignment deals with critical problem solving skills. This assessment tests course objectives addressing: Knowledge of relevant law, Application of the law to ...

  • 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