Question
Peak Performance Pontoons Inc. (PPP Inc.) was owed money by Sports Products Inc. PPP Inc.'s lawyer, William Argue, had suggested that before commencing a law
Peak Performance Pontoons Inc. ("PPP Inc.") was owed money by Sports Products Inc. PPP Inc.'s lawyer, William Argue, had suggested that before commencing a law suit it was a good idea to send a 1. ________________to Sports Products Inc. The idea had worked and the outstanding bill was paid. However, PPP Inc. was not so fortunate with a debt owed to it by Summer Sales Ltd., and Argue had commenced a law suit in Small Claims Court by issuing a 2. __________________ , which is the first official step in a court action. Summer Sales Ltd. had filed a 3.______________ but also filed a 4._________________
claiming that the PPP Inc. products were faulty. This necessitated the filing of a5.________________ by PPP Inc. The parties could not come to an agreement at the 6. __________________ so the matter went to trial but it took 2 years to get a trial date. PPP Inc. got a Default Judgment because Summer Sales Ltd. did not show up for the trial. By the time PPP Inc. attempted to 7._____________________________ , (collect on the judgment), Summer Sales Ltd. had gone into bankruptcy and so even though PPP Inc. won, it was a 8. ____________________ because there was no money to satisfy the amount.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started