Question: Business Law (Topic Consideration)

1.) In the landmark case, Hamer v. Sidway, what were the promises exchanged between the uncle and the nephew? Did the nephew live up to his promise? If so, why didnt he receive anything from the uncle? What did the nephew give up in exchange for his uncles promise? According to the court, why was this sufficient? If this case were to occur today, would the outcome be the same? Why or why not?

2. Read the You Be The Judge section of the chapter (Kim v. Son). If you were the judge, how would you rule? Why? Explain.

3. In the Landmark Case, Alaska Packers Assoc. v. Domenico, why didnt the court enforce the APAs agreement to pay the workers double the original contract amount? What was the legal reason?

4. Briefly explain, what is an accord and satisfaction? In Henches v. Taylor, did Taylors check create an accord and satisfaction? Why or why not? What should Henches have done in this case if he didnt want to create an accord and satisfaction?