Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Enstrom purchased an aircraft from the Interceptor Corporation. When the aircraft crashed due to a design defect, Enstrom sued Interceptor. However, when Enstrom found out

Enstrom purchased an aircraft from the Interceptor Corporation. When the aircraft crashed due to a design defect, Enstrom sued Interceptor.

However, when Enstrom found out that Interceptor's assets had been purchased by the Interceptor Company (IC), it asked the court to join IC as a new defendant. IC argued that it was a different corporation involved in a different business.

IC further a r gued that it had simply purchased the assets of Interceptor and was now involved in selling those assets, like the aircraft, to other buyers, like Enstrom . IC concluded that it was therefore not liable to Enstrom. Was IC correct? Why or why not?

R.J. Enstrom Corporation v. Interceptor Corporation, 555 F.2d 277 (10th Cir.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law Text and Cases

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross

12th Edition

978-053847082, 1285834623, 9780538470810, 0538470828, 9781285834627, 053847081X , 978-1111929954

More Books

Students also viewed these Law questions

Question

Rolling friction explain?

Answered: 1 week ago

Question

Sliding friction explain?

Answered: 1 week ago

Question

Define ISI.

Answered: 1 week ago

Question

Describe the Indian public distribution system.

Answered: 1 week ago