Smith and Roberson’s Business Law
17th Edition
ISBN: 9781337094757
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Chapter 11, Problem 21CP
Summary Introduction
Case summary:
Company T and state government F entered into annual contracts governing the salvage of ship A. Ship A sank in 1622 carrying a treasure of over $250 million. Both parties assumed that ship A lying on seabed under the land owned by state F. In right to salvage the lands, company T made a contract to give 25% of the items recovered in salvage to state F and delivered the artefacts as per contract. At last, court ruled that the sea bed over which ship A is resting is never owned by state F. Company T sued to annul the contract and recovered the artefacts it delivered to state F.
To discuss: Should company T prevail.
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Chapter 11 Solutions
Smith and Roberson’s Business Law
Ch. 11 - Prob. 1COCh. 11 - Prob. 2COCh. 11 - Prob. 3COCh. 11 - Prob. 4COCh. 11 - Prob. 5COCh. 11 - Prob. 1QCh. 11 - Prob. 2QCh. 11 - Prob. 3QCh. 11 - Prob. 4QCh. 11 - Prob. 5Q
Ch. 11 - Prob. 6QCh. 11 - Prob. 7QCh. 11 - Prob. 8QCh. 11 - Prob. 9QCh. 11 - Prob. 10CPCh. 11 - Prob. 11CPCh. 11 - Prob. 12CPCh. 11 - Prob. 13CPCh. 11 - Prob. 14CPCh. 11 - Prob. 15CPCh. 11 - Prob. 16CPCh. 11 - Prob. 17CPCh. 11 - Prob. 18CPCh. 11 - Prob. 19CPCh. 11 - Prob. 20CPCh. 11 - Prob. 21CPCh. 11 - Prob. 22CPCh. 11 - Prob. 23CPCh. 11 - Prob. 1TSCh. 11 - Prob. 2TSCh. 11 - Prob. 3TS
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