Seller Case Studies Samples For Students

Seller: Robert Riddell

3310 Gilbert Drive

Liberty, Texas 75007

Buyer: Billy Wayne Johnson
2244 Shady Trail
Liberty, Texas 75007

Property: A. LAND: Lots 2 & 3, Block B, First Liberty Subdivision

635 Wishbone Street

Tallulah, Texas 75007

*Recorded in vol. 18, page 28 of the Real Property Records, Cinco County, Texas

B. IMPROVEMENT: A small building attached to the above-described property

Earnest Money: $10,000 Cash to be delivered by the Buyer to the Title Company upon full execution and within two days after the effectivity of this contract. Failure of the Buyer to do so will render him in default.
535 State Ave
FOR TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE PARTIES HERETO AGREE ...

REAL ESTAST CONTRACTSeller: Robert Riddell3310 Gilbert DriveLiberty, Texas 75007Buyer: Billy Wayne Johnson2244 Shady TrailLiberty, Texas 75007Property: 635 Wishbone StreetTallulah, Texas 75007Earnest Money: $10,000 Cash delivered to the Title Company upon full execution.Title Company/Escrow Agent: Eastland Title Company535 State AveLiberty, Texas 75007FOR TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE PARTIES HERETO AGREE AS FOLLOWS:1. Seller agrees to sell to Buyer and Buyer agrees to buy from Seller the Property for a purchase price of $124,000 ($175,000) to be payable at closing which shall occur on the first ...

Question 1

Sale of Woolen Wall Rug
Sale by Sample
Step 1
The first implied term that emerges from these set of facts regards sale by sample.
Step 2
The premise of this transaction is a clear manifestation of sale by sample as well as description. Section 15 of the Sale of Goods Act 1895 (WA) stipulates that if a contract is entered into on the basis of the sample, first, the bulk or a great number of the goods must correspond with the features of the original sample. Secondly, the buyer must be given an ample opportunity to carry out ...

Contract of Sale of a Good and Legal Obligations of Concerned Parties

Introduction
This research paper presents an analysis of a case study and is written to address breach of law of contract concerning sale of a good (bicycle) by a last year student named Jonas. He placed an advertisement in one of the sports magazine making an offer to the general public to sell his bicycle. Jonas was approached by two first year students named by Sarah and Saleh at different times on the same day. As this last year student was not aware about the telephonic message placed by Sarah, he sold the bicycle to another first year student ...

Business Report based on Excel Sheet workings and calculations

For the application of this paper, it is required that a comparative study in different scenarios be conducted to understand the implications of economic models and pricing theories on two products – brand X and brand Y. The data for this paper has been collected from actual supermarkets and by using analytical techniques it would be seen how the marginal cost, revenue and other economic functions react when the market scenario changes. These two brands – X and Y, are available in two versions, one is the regular version and the second one is a light version or the lite version.
For ...

Introduction

There are various forms of market. Each has their own set of characteristics such as the number of sellers, the level of competition, the response of the market to every decision made by the sellers and vice versa, and basically all sorts of factors that come into play whenever we talk about microeconomics. Market structure, in economics, is the term used to describe the varying number of firms that produce the same or identical products and line of products. Monopolistic competition, oligopoly, duopoly, monopsony, oligopsony, and perfect competition are all types of market structure and to be able to ...

Abstract

Warranties are present in the sale of goods or services. When statements are made expressly they give rise to express warranty. When statements or promises are not expressly made rather they arise from the situation of the sale it is an implied warranty. Warranties can be disclaimed by the choice of words used by seller.
An express warranty arises from statements of fact made by the manufacturer to the buyer. These statements are expressly made to customer, mostly done in writing. The warranty is made by seller to buyer when he makes the affirmative statement or promise. The ...

Identify the client:

The client identified from the case is Mr. Arnold Kallestad. He is the hay farmer accused by Peter and Tanya Rothing of breach of implied warranty of merchantability.

Identify the client’s problem:

This is in line with the expectations that he sells good hay. It would also be safe to assume that prior to the case being taken to court that Mr. kallestad would have been approached by the Rothing’s in the instance that they realized that their animals were expressing symptoms of poisoning after diagnosis from their veterinary. Mr. kallestad then instead of taking cognizance of the situation and conducting investigations ...

Business Law: Case Analysis

Business Law: Case Analysis
Bank of New York Mellon Trust v. Morgan Stanley Mortgage 14-2619 (2016)
The facts of this case in brief are that the plaintiff Bank alleged that the defendant had breached its contract with it involving a mortgage loan agreement. The defendant on the other hand alleged that they were not obliged contractually to repurchase the mortgage due to the fact that the contract was vitiated by misrepresentation. The background of the case is that the parties entered into an agreement a mortgage loan agreement and the defendant then defaulted on the loan and the bank ...

The Sale of Goods Act 1979 cap 54 is an Act of the Parliament in the United Kingdom. It regulates UK commercial law as well as English contract law. This concerns the goods that are bought and sold. The Act compresses the original act regarding the sale of goods Act of 1983. Subsequent legislation codified the Act with minor statutory changes being made since 1979 (Ramanatha &Venkoba , 1988).
The Act is applicable to contracts. In these contracts, property in goods is transferred for a financial consideration. Breach of contract between the buyer and the seller is actionable in a ...

[Submission Date]
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Introduction

The Grande General Store is the place at Spruce Grove, Alberta. The family has decided to sell out the business in a suitable price and then spend most of the time with family and children. The main purpose is now to select a suitable buyer who will buy the business and continue it, and another is the selling price for the business. While selling the business certain steps will followed, including following :
- Proper planning: In this step, the seller will do proper planning to target the buyer. It is important to aware of ...

Introduction

Cost, Insurance and Freight (CIF) is the price invoiced by a seller including the insurance of cargo, and all other charges incurred up to the destination port. During shipping of goods, there are challenges incurred when preparing the CIF quote. The main challenge is to ensure that all the necessary costs are included. Many of the cost items are readily available to the seller while the transporter prepares the others. Therefore, a description of the goods and their specifications must be accurate during the preparation of the CIF (Billings, 2003). All measures taken must be in standard form.

Jim Mason could ...

Executive Summary

This paper explores and analyzes the case of Maritime Trading Company with its desire to utilize the Internet to generate more revenue for the company. The plan is to have a Web site that will be truly responsive to the customers through the fostering of closer buyer-seller relationships. In order to explore the existing business scenario, analysis will be conducted through: 1) a summary of the situation; 2) an examination of material exhibits; 3) strengths of the business situation, and; 4) weaknesses of the business situation. In this manner, alternative approaches can be identified and recommended courses of action ...

Introduction

The first antitrust law was formed by the Congress in the year 1890. It was referred to as Sherman Act, and its aim was to ensure that there was economic liberty, by ensuring that the competition in the trade was fair. Later, the Congress passed other two antitrust laws in the year 1914, and these additional laws contained some revision to the first antitrust law. Those laws were the Clayton Law and the Federal Trade Commission Act. The court applies the antitrust law to prevent illegal business practices and unlawful mergers. The main objective of the antitrust law is ...

Many businesses throughout the globe are increasingly seeking services from third parties to undertaken activities that the businesses would normally have to do. Studies show that most of the businesses are outsourcing significant parts of their operations either regulated or unregulated. The arrangements made during outsourcing of these services are increasingly becoming sophisticated and complex as time progresses.
Outsourcing is a potentially risky affair, and companies could run the risk of being left out in their businesses. In such situations, the companies need to establish high-level principles about the whole process of outsourcing.
In today's world, outsourcing is used ...

Simmons Japan Limited should venture in this deal since it would be beneficial to them. When there is a merger between two companies, the competitive advantage of these companies is increased so is the niche to which the companies can sell their product to the public. SJL taking the venture will mean that they will be making themselves a dominant player in the market thus the winning company in the long run. Additionally, there will be a possibility of the company making more deals with other companies a similar environment to see it become a single monopoly in the ...

Lack of information has come to be seen as a fundamental cause of market failure. Resale markets, housing markets and markets for corporate securities suffer to some extent from the problem that market participants have better information security than others about the value of the good are traded. The market of lemons is a situation where bad goods always drive out good ones from the market. This is done in the same manner, which bad money drives out the good. This means there is no price at which trades will take place. In the lemon market there is possibility that one ...

Introduction

In any undertaking or transaction, it is essential that the parties are guided by law. Contracts play the role of binding the parties to an agreement that they are obligated to perform some task. Basically, a contract refers to an agreement between two or more parties. The enforceability of a contract in a court of law is essential in that the parties to a contract can get a remedy if the other party fails to perform their duties. A typical contract should have an offer, acceptance and legal relations (Beale, 2002). These are necessary for any contract to be enforceable.
In this paper, ...

Bottled water industry is dominated by three leading companies that include Nestle Waters, Coca-Cola and PepsiCo whose performance is dependent on the strategies applied in line with their strengths and weaknesses as well as market opportunities and threats. In that respect, the suitable recommendations for the three companies depending on their SWOT analysis given the year 2006’s market and companies’ information are as follows.
- Nestle Waters

Strengths

Nestlé’s strengths were defined by a number of factors beginning with the company being the leading bottled water seller and the world leading Food Company that enjoyed a wide market with ...

1. Does Tom have a contract of sale with the shop?
A contract of sale denotes a contract where be a seller agrees to transfer or transfers the title in the goods to another party for a money consideration, which is referred to as the price. When goods are on display at a shop window, this is an invitation to treat. This means a willingness on the part of the buyer to negotiate a contract of sale with the buyer. Therefore, there is no contract yet as the parties are not at consensus ad idem. In an old case of Harris v Nickerson (1873), the ...

Southeastern Land Fund, Inc. v. Real Estate World, Inc. 237 Ga. 227 (1976)

The plaintiff (seller) brought an action against the defendant (buyer). The allegations were about a contract of sale of a real estate. The plaintiff action sought to recover the price of $45,000 plus the interests. They also sought to recover their lawyer’s fees upon a promissory note referred in the contract. The defendants appeal to is founded on the basis that the trial judged erroredin grating summary judgment in favor of theplaintiff and denying a summary judgment and a counterclaim from the defendant.

Issues

Whether the contract provisions that the ...

Introduction

A contract denotes an activity between two willing parties to enter into an agreement that will be bidding to them and enforceable by law. It should be a voluntary affair. One party known as a promisor will make a promise to the promisee. The promisor’s promise is consideration for the promisee’s promise. A contract is unenforceable if it is void under common law or stature or is voidable at the option of the innocent party. There are various categories of contracts. The contract illustrated by the case study falls under the sales of goods contract. In order for a contact to ...

What it will take for Webvan to make returns

Webvan is a Foster City based grocery firm, which intends to start using an online business model to carry out its activities of supplying groceries to its customers more profitably. To make returns by using the new online business model, the company will have to take practical approaches to solve some of its problems that it had experienced by using the earlier business model.
To make a return, the company will have to make sales higher than its break even point.

For the company to make a return, it will have to make annual sales in excess of $150.380 million (Ashiya ...

Based on the above discussion, recommend and justify the risk exposures that should be reported as part of an Enterprise Risk Management System for the Toyota Motor Company? (10 Marks)
The first risk that Toyota is faced with is the investment in commodities. Commodities such as non-ferrous metals, precious metals, ferrous alloys, energy, and plastic resin from outside sources may be subjected to price changes. Changes in prices can have a negative impact on the productivity for Toyota because inflated prices may result in delayed projects and the inability to complete planned products based on a lack of resources. ...

Contract Formation, Breach, and Defenses

Question1.As a general rule, the party who receives the contractual right is the assignee. Assignments do not need to be supported by consideration to be legally effective even though it is often is. Madonna has the right to receive payments in return for needed cash.
Question2. If a place of performance is not designated by a statute, other legal acts, or contract does not appear to form the customs of trade or the nature of the obligation, performance must be made on an obligation to transfer property
Question3. Against a backdrop of several properties rights, the two components of ...

What position should Jason Sterling take on European sovereign debt? Why? What are the advantages/disadvantages of using credit default swaps to profit from this crisis? What are the potential risks? Are there any lessons for Jason that can be gleaned from previous crises?
The aim of Jason Sterling is to assess novel information so that he has the ability to trade on prior to the trading close for the week period. This was because the growing debt crisis in the sovereignty of the Europe would be the hot topic or the primary notion that the leaders and representatives from ...

1. In order to attract customers, eBay has formed a platform over which people can place, view, sell, buy and find more information about a product. Through the system of feedbacks, customers are able to exchange relevant information of sale of products. Through collaboration with PayPal, eBay customers make secure transactions through following of specific regulations for making payments

2. In trading, eBay customers face potential risks of fraudulent traders who could take advantage of the customers by unfair exchange. On the other hand, the seller of the commodity could present an item that does meet the requirement of the buyer ...

1. Porter's Five Forces analysis: the book publishing industry.
The largest book publishers are Global companies from many nations. Below is a snapshot of the twelve largest book companies in the world ("World's 60 Largest Book Publishing Companies"). Random House is number five on the list.
All of the large firms face similar challenges and opportunities. The Porter’s Five Forces Analysis for Book Publishers is below.
2. What are the merits to consolidation in book publishing? How large or small are these benefits?
Jeremy Greenfield of Forbes magazine writes that book publishers thought that their ...

PILLAR TO POST Home Inspectors ranks in a 4-way tie for 72th place in the top 500 franchises in America, as per the “2014 Fastest-Growing Franchises” list (Entrepreneur, 2014). The company, headquartered in Tampa, Florida has been in operation since 1994, and provides “the finest [home] inspection report in the industry” (Franchising, 2014). This ranking was generated from all franchises in the United States and Canada having added new franchise units from July 2012 to July 2013. Pillar to Post added 359 franchises in the United States and 80 in Canada during this time period. The rate of Canadian units ...

Problem 1

Voting
In 2016, in the course of new presidential election, a voter will vote via the Internet. A voter should have either a National Tax Number or national identification number. A voter should have his national identification number together with his thumb impression. The online system will read a thumb impression with the aim of making sure there is no falsification, and one person is able to vote only once.

All members who participate in the presidential elections in 2016 will have to complete their election campaigns before October 13, 2016, five days prior the day when election takes place. It ...

The United States district court for the District of Columbia is a case that was brought against Anheuser-Busch InBev SA/NV (ABI) to oppose the acquisition of Modelo group by ABI. It was brought up since the government felt that the proposed merger was violating the law through illegal ownership or acquisition of another firm. In addition, the government felt that the acquisition was threatening fair competition in a free market, and the consumers would suffer most as a result of the merger.

Facts to the Case

- The case involved two beer companies in the United States, which were ABI and Modelo Company. The two were ...

Business

Given Unilever's geographic and category portfolio what are the megatrends Unilever should capitalize on and manage in seeking to attain their €80 billion sales target?
Unilever was founded or started by the lever brothers who saw the need to meet the unfulfilled needs in the society such as hygiene and cleanliness through provision lifebuoy soap. The company would later merge with margarine, Unie, and Union to produce more than a third of the world's commercial oils and fats. In addition, it covered a wide geographical area than any other company worldwide. As time progressed, the company has diversified in terms ...

ID Number

Abstract

On the 28th of February 1973, the Supreme Court released its 5-2 decision declaring the case of United States v. Falstaff Brewing Corporation must be remanded and reversed and supporting the law as constitutional. The verdict rested on the authority of the court over statutory construction. It was determined by the court’s opinion and was liberal in respect. The court conducted a review of the case through appeal and heard the case on the 17th of October 1972. The case started in the US District Court in Rhode Island and was heard straight from that court through ...

HBS case: Bausch and Lomb, Inc

Bausch and Lomb, Inc is a manufacturing company that specializes in optical and other health care products. The company was established through a partnership between John Jacob Bausch and Henry Lomb. Until 1995, the company enjoyed a smooth ride in the market under the leadership of Daniel E. Gill. By 1993, the management resolved to create divided the operations into two major segments; the optic segment and the health care segment.

The new sales strategy

The entrance of Johnson and Johnson, Inc in manufacturing disposable soft contact lenses posed a competitive uphill task for B&L Company to reach its sale target. As a result, a new sales strategy had ...

Mergers and acquisitions are a popular strategy for businesses both in the United States and, across borders. Although these two terms are often used in the same breath, the terms merger and acquisition bear some slight differences. A merger is an amalgamation of two or more firms whereby the assets and, liabilities of the selling company is absorbed by the buying firm. The buying firm may be a significantly dissimilar organization but after the merger, it holds its original identity. On the other hand, acquisition refers to the buying of an asset, for example, a division, a plant or even a whole company, with ...

- How does Amazon try to create life time customers, loyalty and increase visits and sales
The modern society has extensively affected life and lifestyles all round. It is hard for an individual to live in the olden day styles and lifestyles as one quickly finds him or herself floating the world of new happenings. For instance, Amazon is one of the new faces of the market, which has extensively introduced buying and selling at a new level to both the buyer and seller. It is thus critical to have a clear understanding of how things work in this new ...

- Using examples of relevant case law, distinguished between the following types of contract.
- Bilateral a and Unilateral contracts
Contracts can either be bilateral or unilateral in nature. The bilateral contracts are the most common contracts and refer to agreements whereby each of the contractual parties make a promise to the other party. For instance, in a contract for the sale of a car, the buyer promises to pay the seller £200,000 in exchange for the seller’s promise to deliver the title to the property. A unilateral contract on the other hand only involves one party to the ...

Business Law 201

Question one:

Question two:
Joint and several contract because several people (study team) has agreed to pay the fees to the tutor.
Question three:
Doctor Kut Wright can only recover up to a maximum of $800 for the benefit extended to Henry. Though the contract was unenforceable since it was not entered into, Wright is entitled to compensation for the costs incurred for missing his flight amounting to $400 and the reasonable amount of $400 for the one hour. It is clear that the requirements of recovery for quasi-contracts were met since the doctor was in reasonable ...

Business

Introduction
Contracts are legal binding agreement that brings two or more parties together. The law of contracts is very vital to people involved in entering the contract. For example, when one decides to buy an item from the supplier with some terms and conditions in place, they may decide to sign a contract depending on the mode of payment. Contracts need not to be in writing, but parties involved may decide to do so. Only people above the age of 18 are allowed to sign a contract. Contracts do have benefits and damages to the parties involved and more importantly, ...

Question One

I searched for a car, automobiles and motorcycles by category, from Germany Gold Supplier. After analyzing all the available options I landed on a Mercedes Benz ML 500 used car from Danimex GmbH, a verified Supplier. I was able to compare the car with other cars from other sellers.
The process provides an instant access to various products from various companies enabling comparison for best terms of sale. It is also easy to compare the prices and choose a potential value depending on your affordability. The website also provides a mechanism of contacting the seller for negotiations.

Question Two

Online sites like Alibaba provide a wide ...

The following represent my reply to a friend analysis done on the case study including Don and the company selling Scuppernong grapes. This article aims at assessing the situation and rule out possible ground not covered comprehensively with regard to the case study scenario.
I do not entirely concur with my friend on certain grounds involving the case study analysis. One is that the seventeen year old is treated as a business associate who has the power to make certain decisions involving the company. Therefore; the seventeen years old if he is not a business associate the contract should come to a ...

1. Methods to calculate taxable value of fringe benefits: Australian Taxation law allows some benefits to the employees by their employers in the form of different services, benefits, privileges or rights. Under fringe benefits tax act, 1986 the fringe benefit may include cheaper loans to employees by the employer, to allow employees of the company to use Employer’s car, look after medical or legal problems etc. if a person works somewhere for anybody or in a company, the general concept is that the worker will get remuneration in cash but a new concept recognized by Australian taxation law is an agreement ...

Financial Contracting

Introduction

According to Hart, (2001), financial contracting refers to the theory where there is a compromise between the investor and the entrepreneur in matters relating to running the business. An entrepreneur can obtain capital from various sources that are: personal savings, angel, venture, private, banks, and credit unions. In this paper, the source of capital is venture capital financing which is whereby an investor provides capital to a start up entrepreneur that has no operating history. However, Ellingsen & Kristiansen, (2010), proved that financial contracts might prove disadvantageous to one party hence the need to select a specific type of financial contract that ...