In business, what is the purpose of discovery and what methods of discovery are used in a lawsuit?

What are the factors which will allow a court to pierce the corporate veil?

Loren has invented a product that detects water leakages caused by broken pipes and sends out an alarm similar to a smoke alarm. However, Loren does not have sufficient finances to invest in this new product. Therefore, he borrows money from his friends to enter the market and begins to experience some success. The product is not patentable because it is too similar to other existing technologies. Major corporations have seen his success and have now entered the market with competing products. Define, in detail, what will be the probable destiny of Loren's company?

At both federal and state levels there are civil and criminal courts. What types of cases are handled in civil courts? In criminal courts?

True or False   A counterclaim and a cross claim are types of discovery.

What Stage of litigation is the case in now?

Describe how and why businesses must factor in the legal environment when operating a business.   Are contracts important and if so, why?

A corporation cannot be prosecuted for the commission of criminal acts. True or false?

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.

When a party to a lawsuit for breach of contract files pleadings, they must conform to which set of rules? Multiple Choice The Rules of Civil Litigation The Federal Rules of Contracts The Federal Rules of Evidence The Rules of Civil Procedure