# Ch17 Brief Hypotheticals.docx - 1 Lionel is the personal...

• 4

This preview shows page 1 - 3 out of 4 pages.

1. Lionel is the personal assistant to the head coach of a professional football team. At the end of the football season, a football player's wife gives Lionel front row tickets to the opera. What must Lionel do? 2. Beatrix is a diamond dealer who also works as a jewelry designer at Bunny Mayhew Designs (BMD). Beatrix arranges to have one of her own company's salesmen meet with a BMD representative to try to sell some of Beatrix's available stock. May Beatrix do this? 3. Zephyr agrees to mow his brother Zeke's lawn for free while Zeke recovers from a broken leg. Zeke tells Zephyr not to use the mower if its warning light turns on, but Zephyr ignores the warning. The engine overheats, ruining the lawnmower. Is Zephyr liable for the damage? 4. Malik asks Petra, an expert in sports collectibles, to help him find a buyer for his collection of autographed baseballs. Petra finds a buyer who is willing to pay \$5,000 for the collection, but Malik scoffs at the offer and insists it is worth at least double that amount. He says he would not even considerselling for less than \$7,500. The next week, someone offers to pay \$1,000 for the collection. Must Petra tell Malik about the offer?