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Patrick Dillon applied for a $100,000 loan from Carlton Savings & Loan. Carlton required him to obtain a surety. Patrick approached Sinclair Surety Co., which insisted that Patrick provide it with a financial statement. Patrick did so, but the statement was materially false. In reliance upon the financial statement and in return for a premium, Sinclair agreed to act as surety.
Upon Sinclair's commitment to act as surety, Carlton loaned Patrick the $100,000. After one payment of $4,000, Patrick defaulted. He then filed a voluntary petition in bankruptcy. Does Sinclair have any valid defense against Carlton?
1. paul enters into a contract with harry. paul agrees to put a new roof on harrys houseand harry agrees to pay paul
Cutler argues that although Bowen owned the physical assets of the business, she, as a partner in the business, is entitled to one-half of the compensation that was paid for the business's goodwill and going-concern value. Who is correct? Explain.
A principal feature in prison society which reinforces the norms and roles of the social system and influences the nature of interpersonal relationships is known as: Which of the following is not a purpose of gangs in prison?
Describe how application of the principles of law to the key facts support your determination of the issues. You need to show the reasoning behind your decision.
The current world economy is increasingly becoming integrated and interdependent; as a result, the relationship between business and society is becoming more complex.
Briefly outline the major differences between the organized and disorganized offender. Recognizing that the FBI has never made their methodology public, how much credence should we pay to the results they report? Form a conclusion based upon your..
The traditional common law concept of landlord-tenant relationship was that the landlord's obligation was simply to stay off the property and the tenant's obligation was to pay the rent. Explain why this is an obsolete arrangement for apartment resid..
Holt borrowed $80,000 from Andrew and gave him a mortgage on a lot that Holt owned in the city of Savannah. The mortgage was promptly recorded, Is he correct? Why or why not
How well does social disorganization meet the criteria for organized crime and its various relationships? Why? Explain your answer. What is the correlation of corrupt political machines and social disorganization to the development of organized crime
1. Submit one real-world application and the complete solution that each requires concepts in Calculus I in order to solve.2. The real-world application and its solution must be original (your own work) and/or cited if other work was adapted. You m..
1. what are some examples of alternative dispute resolution methods adr? what are the advantages and disadvantages
A state legislature enacted a statute that required any motorcycle operator or passenger on the state's highways to wear a protective helmet. Jim Alderman, a licensed motorcycle operator, sued the state to block enforcement of the law. Alderman asser..
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