The Legal Environment of Business: Text and Cases
9th Edition
ISBN: 9781305764460
Author: Frank B Cross/ Roger LeRoy Miller
Publisher: CENGAGE C
expand_more
expand_more
format_list_bulleted
Question
Chapter 26, Problem 2CT
Summary Introduction
Case summary: A person JS signed a contract to buy the house of a person HA. The person JS later discovered that the house was haunted. The person JS sued the person HA. The court dismissed the case.
To find: The conduct of the person HA for not disclosing the facts about the house.
Summary Introduction
Case summary: A person JS signed a contract to buy the house of a person HA. The person JS later discovered that the house was haunted. The person JS sued the person HA. The court dismissed the case.
To find: In case the person HA had not disclosed the information such as leakage.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
You are President and CEO of Apex Business Systems, Inc. (Apex). Apex, through its purchasing agent, bought a new microwave from Inki Appliances Company (Inki) who sells microwaves on a daily basis. There was no written or oral warranty given when the sale was made. The microwave stopped working one week after it was placed it in the company kitchen. Assume also that nobody misused the microwave or in any way caused it to quit working. The purchasing agent returned the microwave three days after it quit working. The owner of Inki refused to repair or replace the microwave or offer a refund. Prepare a demand letter to be sent to Inki.
1. Should George have accepted the listing? George states, “I am not discriminating. The owners are the guilty party.” Can george filter potential buyers by credit score? By race?
2. Now that George has accepted the listing, could he be guilty of fair housing violations by association? Could he be innocent because he is only “following orders”?
Standard Appliance Co. has an employee pension plan under which Aurelia has worked for 31 years.
Aurelia is laid off at age 60, and five years later, she retires and attempts to draw her pension
benefits. However, Aurelia is informed that she is not eligible for pension benefits because she had
not been working under the Standard Appliance Co. plan at the time of her retirement. Is this
correct?
Yes, if that is what the Standard Appliance Co. plan specifies.
No, since Aurelia worked longer than 10 years for Standard Appliance Co.
No, since Aurelia's benefits are vested.
Yes, since Standard Appliance Co, only has a responsibility to current employees.
Chapter 26 Solutions
The Legal Environment of Business: Text and Cases
Knowledge Booster
Similar questions
- Will is an appraiser. He accepts compensation based on the value of the property he is appraising. In doing so, Will: violated FHA ethics standards violated USPAP ethics standards followed FHA ethics standards followed USPAP ethics standardsarrow_forwardIf Julie uses her roommate Rhonda's school internet account to do research for her term paper rather than her own account, has she committed a crime? What if the account is linked to Rhonda's account with the Bursar's office?arrow_forwardJamie, who works as a conveyancer at your organisation, was acting on behalf of a client who was selling their property. You find out that the conveyancer was receiving kickbacks for recommending clients to a certain developer. While the gifts were not monetary, they were significant. Over the course of a couple of months, Jamie received: A fully paid trip to Fiji sponsored by the developer Two tickets to see Jimmy Barnes at his next show The conveyancer did not disclose to the client that they were also acting for the developer when they made the recommendation to go with the developer. Apply the key principles and responsibilities of codes of conduct to this scenario and explain why Jamie is in breach of them and advise the relevant regulation.arrow_forward
- Using the IRAC model to answer the question. Jim and Jane got married last Sunday. The next day they travelled to Extended Stay Hotel in Miami for their honeymoon. They arrived at the Hotel, checked in and proceeded to their room. At the back of the front door in their room was a notice excluding liability, which read that “ Extended Stay will not be responsible for articles lost or stolen, unless it is logged at the front desk for safe custody.” However, this exclusion clause could only be seen after the door is closed as well as, the actual notice was small and colored in black, with a white background. Regrettably, with all the excitement of their honeymoon, both Jim and Jane did not even notice the exclusion clause at the back of the door. One day when they were out shopping, someone came into their room and stole Jim’s laptop.…arrow_forwardBased on the Taco Bell case (1982), how would the courts determine misleading or deceptive conduct?arrow_forwardTrue or False 1. Employees must be given the opportunity to give or withhold consent before their private lives are investigated and should be informed of any surveillance. 2. When a firm sells a buyer a certain good only on condition that the buyer also purchase other goods from the firm is considered as a tying arrangement.arrow_forward
- As part of its business, Kinko’s Graphics Corporation (Kinko’s) copied excerpts from books, compiled them in “packets,” and sold the packets to college students. Kinko’s did this without permission from the owners of the copyrights to the books and without paying copyright fees or royalties. Kinko’s has more than two hundred stores nationwide and reported $15 million in assets and $3 million in profits for 1989. Basic Books, Harper & Row, John Wiley & Sons, and others (plaintiffs) sued Kinko’s for violation of the Copyright Act of 1976. Plaintiffs owned copyrights to the works copied and sold by Kinko’s and derived substantial income from royalties. They argued that Kinko’s had infringed on their copyrights by copying excerpts from their books and selling the copies to college students for profit. Kinko’s admitted that it had copied excerpts without permission and had sold them in packets to students, but it contended that its actions constituted a fair use of the works in…arrow_forward19) The Elle Corporation manufactures fingernail polish. Suzy buys a container of Elle's fingernail polish, applies it to her nails, and suffers a severe allergic reaction. She sues Elle under the implied warranty of merchantability, The test for determining whether Suzy will recover is whether: A) the nail polish she bought was suitable for the needs of the average consumer. B) the nail polish she bought properly performed its function of coloring one's nails. C) such a reaction in an appreciable number of consumers was reasonably foreseeable. D) the ingredient causing the reaction was foreign to the nail polish or natural to it. nating one model, Bobby noticesarrow_forward1.A retired businessman who owned a track of land was approached by a real estate agent, who is interested to buy his land. The purchase price offered by the agent was above the prevailing fair market value (FMV). The agent wants to develop the land into a commercial area and sell it to the public. The agent discussed the terms and conditions of the deed of sale in detail to the businessman, and the businessman agreed to the deal. Last year, the businessman was diagnosed of dementia by his family doctor, and the agent though was aware of it. Was a contract of sale formed? If yes, is it enforceable? Please state your reasons. 2. Jacky invited her friend, Lourdes, to her house. Lourdes has a beautiful sport car and Jacky is interested and offered to purchase it at a prevail market price or FMV, but Lourdes rejected her offer. Jacky offered Lourdes a bottled of vodka. When Lourdes consumed so much of it, she feels dizziness. Jacky took advantage and offered again to purchase her sport…arrow_forward
- Mr. Antipatiko filed a suit against Gerald, a registered medical technologist. Mr. Antipatiko went to the clinic and requested for Hepa B test needed for his employment. It was Gerald who obtained the blood from Mr. Antipatiko and consequently processed it for sampling. However, the test result indicated a “REACTIVE/POSITIVE”. Gerald performed another confirmatory test to ensure a reliable result. Still, the second test done had the same result. Gerald then issued the lab result indicating “REACTIVE/POSITIVE” after conformity with the Pathologist. Mr. Antipatiko was declined employment and was so furious and went to the clinic to confront Gerald stating that the result was inaccurate. He threatened Gerald saying that he will file an administrative case against him. If you were Gerald, how will you address and handle the situation? Provide your reason and basis to prevent the threatened suit.arrow_forwardA 92-year-old woman wanted to transfer the ownership of her 1,800 square foot home near Lahaina Hawaii that was worth $1.8 million to her 20-year-old granddaughter as a gift. Which of the following legal documents should she use? Grant Deed Mortgage Promissory note Deed of Trustarrow_forwardWhat did Pavlo do that he thought would prevent MCI ( his employer) from coming after him if he got caught? What did Pavlo do that he thought would prevent MCI ( his employer) from coming after him if he got caught? Made secret recordings. Made copies of the general ledger. Gathered information about what his employer was telling him to do so that he had leverage against his employer. Asked his employees to lie for him.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage Learning
Accounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education