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 4, Problem 4CP
Summary Introduction
To discuss: Whether the ordinance is valid.
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Regency transportation, Inc., operates a freight business throughout the eastern United States. Regency maintains its corporate headquarters and other facilities in Massachusetts. The vehicles in Regency's fleet were bought in other states. Massachusetts imposes various taxes on all taxpayers subject to its jurisdiction, including those that, like Regency, do business in interstate commerce. When Massachusetts imposed a tax on purchase price of each vehicle in Regency's fleet, the trucking firm challenged the assessment as discriminatory under the commerce clause. What is the chief consideration under the commerce clause when a state law affects interstate commerce? Is Massachusetts's tax valid? Explain.
An insurance company in Ghana is repudiating a third party property damage claim against your client stating the following reasons:
From the review of the documents submitted, it is evident that your driver's driving license in use
as at the time of the accident was a class B license, whilst the vehicle being driven by your driver
required a class C or higher driver's license.
Kindly be informed that the road traffic act 2004 (Act 683) section 53 states that "a person shall not
drive a motor vehicle of any description or class on a road unless that person is a holder of a driving
license authorizing the person to drive a motor vehicle of that description or class"
Furthermore, our motor policy wording states that "WE WILL NOT PAY If Your Vehicle is driven by
You, or by any person with Your consent, who is not licensed to drive Your Vehicle under all relevant
laws."
(Part E Section 2)
Considering the above, we are unable to admit liability for your reported claim due to non-adherence
of…
Section 139, Disaster Relief Payment, was enacted by Congress in 2001 to ensure that victims of a qualified disaster would not be required to include in gross income payments received for funeral expenses resulting from a terrorist attack.
True
False
Chapter 4 Solutions
Smith and Roberson’s Business Law
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- Whenever the implementing departments find, by their own initiative or by petition of a consumer, that a consumer product is found to be injurious, unsafe or dangerous, what should they do about it? A. They shall, without the need for a notice and hearing, make the appropriate order for its recall, prohibition or seizure from public sale or distribution B. They shall, after due notice and hearing, make the appropriate order for its recall, prohibition or seizure from public sale or distribution. C. They shall immediately make a recommendatory report to be submitted to the Office of the Secretary of the DTI. D. They shall immediately order for the export of the products.arrow_forwardPrivate provision of public goods may create positive externalities. True or false, and explainarrow_forwardGlobal Crossing The company was founded in 1997 to provide a trans-Atlantic cable to carry telephone and data traffic. Using high-bandwidth optical fiber, the company was able to sell capacity at less than half the price of existing competitors. After six months of operations, Global Crossing offered stock to the public, and the resulting price valued the firm at an astounding $19 billion. Six months later it was valued at $38 billion, more than the Ford Motor Company. The cable technology was not proprietary and data-carrying capacity was a commodity. That meant that customers could easily switch from one supplier to another, putting them in a powerful bargaining position. Furthermore, customers were price-sensitive. Even worse, the threat of entry was high, and other companies were entering the business, fueled by easy financing. High fixed costs but near-zero marginal costs (the cost to carry one more piece of data) led to fierce price competition within the industry. As new…arrow_forward
- The U.S. Polo Association (USPA) is a not-for-profit corporation that is thegoverning body of the sport of polo in the United States. It has been in existence since 1890 and derives the majority of its revenue from royalties obtained from licensing its trademarks. It owns more than 900 trademarks worldwide, including marks bearing the words “U.S. Polo Assn.” with the depiction of two polo players for licensees on products sold in the apparel category. In 2009 it produced 10,000 units of a men’s fragrance using packaging featuring its logo as used on apparel. Since 1978 PRL (Polo Ralph Lauren) and its licensee of PRL trademarks, L’Oreal, have used the mark known as the “Polo Player” logo on men’s fragrances with its logo containing one player. The fragrance has been sold for 32 years and it was voted into the industry’s Hall of Fame. PRL sued USPA. What must PRL establish to prevail in an action for trademark infringement? How would you decide this case?arrow_forwardThe Commerce Clause. Regency Transportation, Inc., operates a freight business throughout the eastern United States. Regency maintains its corporate headquarters, four warehouses, and a maintenance facility and terminal location for repairing and storing vehicles in Massachusetts. All of the vehicles in Regency’s fleet were bought in other states. Massachusetts imposes a use tax on all taxpayers subject to its jurisdiction, including those that do business in interstate commerce, as Regency does. When Massachusetts imposed the tax on the purchase price of each tractor and trailer in Regency’s fleet, the trucking firm challenged the assessment as discriminatory under the commerce clause. What is the chief consideration under the commerce clause when a state law affects interstate commerce? Is Massachusetts’s use tax valid? Explainarrow_forwardExplain the meaning of Article 121(1A) of the Malaysian Federal Constitution.arrow_forward
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