The brothers agreed to split the business with bill

This preview shows page 20 - 23 out of 46 pages.

We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Essentials of Business Law and the Legal Environment
The document you are viewing contains questions related to this textbook.
Chapter 3 / Exercise 03
Essentials of Business Law and the Legal Environment
Mann
Expert Verified
The brothers agreed to split the business with Bill assuming the responsibilities and contracts of the custom home division and Alan handling the remaining divisions. Alan told Bill he could continue to use the company offices until he was able to find offices of his own. Bill met his clients at the company offices, used the plans of the company and even continued to use the company stationery. Three months later Bill left town, leaving custom homes unfinished and taking the deposits of three customers with him. The customers have sued Alan. Which of the following statements is true? Question 55 0 out of 1.5625 points Express authority: Question 56 1.5625 out of 1.5625 points Which of the following terminates apparent authority? Question 57 1.5625 out of 1.5625 points
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Essentials of Business Law and the Legal Environment
The document you are viewing contains questions related to this textbook.
Chapter 3 / Exercise 03
Essentials of Business Law and the Legal Environment
Mann
Expert Verified
How many people must have heard or read a statement for there to be publication for purposes of defamation? Question 58 1.5625 out of 1.5625 points A law firm in the Phoenix area provides "sick care" for employees' children. Sick care can be used when the child is too ill to go to school or its regular care facility. The law firm manager claims the program has cut down on sick days taken by employees to care for sick children. The program is an illustration of which type of social responsibility school? Question 59 1.5625 out of 1.5625 points Cal-Maine Foods was the defendant in an antitrust suit brought by the purchasers of eggs. Cal-Maine is an egg distributor and the suit accused Cal-Maine of manipulating the egg supply in order to increase prices. Egg prices jumped 28% in 2007 and 14% in 2008 as egg supplies dwindled. Cal-Maine said that following industry-wide animal-welfare guidelines resulted in fewer chickens per farm and, as a result, fewer eggs. Which of the following statements is correct? Question 60 1.5625 out of 1.5625 points In June 1985, Joseph Marcantuone and Robert Gieson purchased property located in East Orange, New Jersey. At the time of purchase, the property was partly occupied and leased to Carriage Trade Cleaners, a dry cleaning establishment. A number of dry cleaners continuously operated on this site since 1930. Marcantuone and Gieson owned and operated a grocery store on another section of the property. They have never personally owned or operated a dry cleaning establishment on the property. JRM, LLC, and Sang Hak Shin were tenants on the property and the last operators of the dry cleaning establishment that utilized the hazardous substance tetrachloroethylene, or perchloroethylene (PCE),
during the time Marcantuone and Gieson owned the property. The city of East Orange acquired the property through condemnation for the purpose of building a school on the property. But, the PCE was discovered on the property and out of the $629,407 given to Marcantuone and Gieson as compensation for the taking, the city held back $182,035.20 for the cost of the PCE clean-up. It cost the city a total of $212,000 to complete the clean-up of the property.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture