Ichabod Crane, on behalf of his law firm, Crane Law, LLC, contracted with TOAD, a local radio station to create commercials. Ichabod, the sole member of the firm, helped to create the commercials. Ichabod's voice was used, and the ads used his name and experience. The ads asked potential clients to contact "defense attorney Ichabod Crane." TOAD was not paid for the airing of the advertisements. The total due was $25,000. TOAD filed a law suit against Ichabod Crane both as member of an LLC. and personally. Pending the trial TOAD filed a request for a writ of attachment. In support of the request. TOAD offered copies of the parties contracts, the transcripts of the ads, and the invoices as evidence of the debt. Ichabod claimed he could not be held personally liable for the cost of the ads. TOAD argued that Ichabod Crane had been unjustly enriched (an equitable claims by TOAD's actions and to TOAD's detriment. Instructions: . What is the purpose of attachment? . Do you believe TOAD is entitled to a writ of attachment in this situation? am CST Sunday

Ichabod Crane, on behalf of his law firm, Crane Law, LLC, contracted with TOAD, a local radio station to create commercials. Ichabod, the sole member of the firm, helped to create the commercials. Ichabod's voice was used, and the ads used his name and experience. The ads asked potential clients to contact "defense attorney Ichabod Crane." TOAD was not paid for the airing of the advertisements. The total due was $25,000. TOAD filed a law suit against Ichabod Crane both as member of an LLC. and personally. Pending the trial TOAD filed a request for a writ of attachment. In support of the request. TOAD offered copies of the parties contracts, the transcripts of the ads, and the invoices as evidence of the debt. Ichabod claimed he could not be held personally liable for the cost of the ads. TOAD argued that Ichabod Crane had been unjustly enriched (an equitable claims by TOAD's actions and to TOAD's detriment. Instructions: . What is the purpose of attachment? . Do you believe TOAD is entitled to a writ of attachment in this situation? am CST Sunday

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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