The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
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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.
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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.
During a purchase transaction, which of the
following circumstances may be an Indicator of
occupancy fraud?
A) The current residence is listed for sale.
B) The second home being purchased is in
another state.
C) The investment property appraisal shows the
occupant to be a tenant.
D) The owner occupancy claimed on the home is
a considerable distance from the owner's plac
of employment.
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”?
Chapter 26 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
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