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 6, Problem 2Q
Summary Introduction
To discuss: Whether person S was guilty for the forgery.
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Melani sold a silver-looking laptop case to Bente for $2,500. Both honestly believed that the case was made of 95% platinum and 5% ruthenium. Jossie later learned that the briefcase was made of 100% inexpensive sterling silver with gold plating on the handles and corners. Explain whether Jossie can rescind the contract with Melani.
After the untimely death of his partner Anthony Autumn, Scott Schroder continued his San Francisco agency under the name of Scott Schroder. Several years later, one Sarah Schroder visited his office claiming to be his daughter. Sarah demanded that Scott make him a partner in his agency, but Scott refused. Scott told Sarah, "I’ll never take on another partner as long as I can walk. But if you want to work for me, I’ll buy you a yellow trench coat and all pens you want and pay you $20 a week plus expenses and 20% of the profits."
Scott Schroder continued to carry on the agency’s business in the name of Scott Schroder. Nevertheless, when occasional bills arrived in the name of Schroder & Schroder, he was as likely to pay those bills as any others. Sarah never complained. Maybe some day he’ll really treat me like a partner after all, she mused.
Ten years later, Scott is often absent from work and when he is there doesn't do any work. Business fell off quickly and creditors began to…
David hires Nell to auction off his grandmother's house and it's contents. Nell hires an auctioneer, rents a tent, advertises and does everything necessary to conduct a successful auction. When the auction is over, David refuses to pay for the auctioneer and advertisting expenses, claiming he never specifically authorized Nell to incur those expenses on his behalf. In her defense, Nell can claim that David gave her:
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Apparent Authority.
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Moral Authority.
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Express Authority.
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Smith and Roberson’s Business Law
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