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1. Bart. a driver for Big Bang Company. was drrving his truck lilied with cooking oil through the city of CooNille one day. when a
1. Bart. a driver for Big Bang Company. was drrving his truck lilied with cooking oil through the city of CooNille one day. when a light from a house owned by Harry and Mary Housekeeper blinded him, causing him to veer o and crash the truck into the Hou sekeepers' house. Everyone got: out of the house without Injury. but the truck broke apart and the oil saturated the house. causing substantial damage. The Housekeepers were devastated and wanted to sue someone. Who shouid they sue? Why? Identity each element needed to sustain acause ofactlon and explain how it applies to the facts here. Are there any likely defenses that will be raised? 2. Connie Is starting a new business. She contacts Ellen by phone and orders a month's worth of stock. Ellen has a standard contract she faxes to Connie. asking her in fill it out and tax it baok so she can pm. the order through immediately. Connie receives the contract but has a few changes wlth the number of Items of each color to be shipped and the method at shipping. She makes the changes. includes her nance information, and faxes the contract right back, Ellen never carefully looks at the then and begin: shipping the stock Connie ordered right away. Connie calls Ellen complaining about! 2 colors of stock she has received and the method ofshipping. Eilen says she never agreed to the changes, and ifConnie insists on the changes. there's no contract. is there a contract? Whyr or why not? Ifthere is. what are the terms? 3. Tricia and Troy are starting a pharmacy. After meeting with their attorney and accountant. they-decide they want to begin using the simplest form of business organization they can. However, their primary concern is personal liability. They don't want to Jeopardize their personal assets for business obliga- Lions. Thefll also need to obtain nancing to get the business started A few investors have expressed some interest. but they'll invest their money only ifthey receive some stake In the business or some possibility of return for their Investment. The investors want to have no pen in running the business and went to be sure they have no tlability for business debts. What form of business organization would you recommend? Why? Explain why other forms of business organizations wouldn't meet their needs.
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