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Chapter 15, Problem 7BCP
Summary Introduction

Case summary: A company GHC obtained a judgment to secure $45,458.86 from two people G and N in Ohio state court and filed for garnishment seeking funds from various banks held by the people G and N. People G and N disputed the company GHC’s right of garnishment and claimed that the funds were exempted amount but offered no proof. In response, banks deposited $23,911.97 with the court which was delivered to the company GHC. Later, the people G and N filed a bankruptcy petition in the court. After the people G and N were granted a discharge, they filed a “motion to return funds to debtors” but offered no proof that their debt to the company GHC was included in the discharge.

To find:The arguments of the company GHC in response to the motion filed by the people G and N.

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PP.63 Jupiter, a large candy company, is having great success with its "Swan" family of candy bars.  Due to a number of factors they like to plan their production at least six months into the future.  The table below contains their demand projections (in tons) for April through September: Supply/Demand Info   Beginning        Apr           May           Jun           Jul           Aug           Sep      Predicted Sales   45,500 45,100 51,900 52,800 47,900 47,200 Regular production               Overtime production               Subcontract production                      Ending inventory 14,400             Hired employees               Fired employees               Total employees 423             Cost variables are as follows: Cost Variables                           Labor cost/hour $13 Overtime cost/ton $30 Subcontracting cost/ton    $28 Holding cost/ton/month    $14 Hiring cost/employee $3,700 Firing cost/employee $5,800 Here is some additional…
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