Case study decision-change in circumstances

Assignment Help Business Management
Reference no: EM131156913

Case Study Decision: Change In Circumstances - Gagnon v. Coombs

Facts:

Francis Gagnon was an elderly man who, with his wife, owned a farm in Shelburne, Massachusetts and land in Hillsborough, New Hampshire. They had two children, Joan Coombs and Frank Gagnon. Joan suggested that her parents sign powers of attorney appointing her as their agent so that she could take care of them and their property. Frank was furious when he found out about Joan's power of attorney. He convinced his father to revoke the power. Francis did so, but never told Joan explicitly. Two months later, Mrs. Gagnon died and Mr. Gagnon signed a purchase and sale agreement for the Shelburne farm. He gave the property in Hillsborough to Frank. When Mr. Gagnon told Joan about the sale of the land and his intention to move to Hillsborough to live with Frank, she crafted her own plan. Not realizing that her power of attorney had been revoked, she used it to transfer the Shelburne property to a trust that she had created and that she controlled. Mr. Gagnon's lawyer wrote to Joan demanding that she return the Shelburne property to him, and she refused. The trial court found that Joan had the authority under the power of attorney to convey the Shelburne property to the trust. Mr. Gagnon appealed.

This case study will assess how well you understand the agency relationship. Begin by reading the facts of the case above (Gagnon v. Coombs), then decide:

Did Joan have the right to convey the Shelburne farm to a trust that she had established? Does the property belong to the trust or to Mr. Gagnon?

Present your decision in 1-2 double-spaced pages. Be sure to reference, with proper APA citation, applicable laws to support your decision. Include both a title page and a reference list (neither counts towards the 1-2 page requirements).

View the Grading Rubric below. Submit your paper to the Assignment Dropbox.

Reference no: EM131156913

Role of an associate director of a hospital

In this discussion, you will be taking on the role of an associate director of a hospital who is considering the proposed opening of an urgent care clinic about 20 miles fro

Performance management plan

Throughout this unit, we discussed the importance of the performance management process and the steps involved. For this assignment, you will create your own performance man

Outline of a research project

A brief statement of the problem that you would like to investigate. Research aim and objectives that can solve the problem you have identified. A brief methodology: Provide

Critical thinking exercise

Considering your organization or an organization that you have researched that has an innovative strategy, what are the key inputs from the environment that is needed to im

Prepare a brief training cost analysis

Based on the scenario, prepare a brief training cost analysis for a training program of your choice, including estimated time requirements for each task and relating those t

Presentation on shifts in the healthcare industry

You are a newly hired VP of mergers and special projects.  You have noticed that there are shifts in the healthcare industry and you want to ensure your facility can continu

Amount of money spent on clothing in the past month

For each of the following variables, determine whether the variable is categorical or numerical. If the variable is numerical, determine whether the variable is discrete or

Developments in the global environment of business

What will be the key developments in the global environment of business during the next five years? On the basis of these, what will be the greatest challenges that firms fr

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd