assignment for business law 2, law homework help

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Business Finance


Written Assignment #1

Fred Farmer purchased a tractor from Conglomerate, Inc., for $75,680. Fred paid for the tractor with a negotiable note payable to Conglomerate. Conglomerate negotiated the note to the We Get Results Finance Company to satisfy a prior debt. We Get Results negotiated the note to the ASPCA as a charitable donation. Neither We Get Results nor the ASPCA knew anything about the contract between Fred & Conglomerate. When the note came due, Fred refused to pay the ASPCA, alleging that the tractor it purchased from Conglomerate was defective in that the tractor’s only working gear was reverse. 

Who is liable for payment on the instrument to the ASPCA?

Be sure to fully explain the reasons for your answer. Keep in mind that this is a professional communication, so proceed accordingly. Spelling and grammar definitely count.

This assignment is to be typed and handed 

Written Assignment #2

A potential ethical dilemma

Assume you are a recent graduate of Yale Law School who finished in the top ten percent of your class. Your lifelong passion is to preserve the environment. Consequently, you hope to practice environmental law when you graduate. In the meantime, you have over $100,000 of student loans that you have to start paying back six months after your graduation. You have interviewed with several environmental law firms, all of which are offering starting salaries averaging $63,000. You also interviewed with Acme Chemical Corporation, an organization that is not exactly sympathetic to environmental concerns. But, Acme offers you a job as its in-house counsel at a starting salary of $157,000 per year. So, you are trying to decide whether you should suppress your desire to defend environmental concerns and take the higher paying job with Acme. If you take the job, one of your duties with Acme would be to go to court and get restraining orders against environmental protesters – many of whom are friends of yours (or were), who are as passionate about saving the environment as you are.


1) Discuss two reasons why you would take the job.

2) Discuss two reasons why you would not take the job.

3) Discuss what the easier position for you to argue was.

Be sure to discuss how the agent’s duties of obedience, loyalty, performance and notification would impact your decision making process in parts one and two.

Specifications: An APA paper, double spaced, 12 font, 1 inch margin (top, bottom, left and right), and at least three (3) sources.

This assignment is to be typed and handed 

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Explanation & Answer

hi here is the assignment duly completed

Running head: business law 2


Title: Business law 2

Business law 2


Conglomerate Inc. will be liable to pay the instrument to the ASPCA. This is because
the conglomerate company was the one which breaches the contract in which they had
originally signed. Here there are two main issues as to why Conglomerate is the one liable for
payment. The first issue will focus on the company itself and the other will focus on the
doctrine of utmost faith.
According to section 6 of the insurance contract, the effect of material non-disclosure
or a material misrepresentation by one party, the contract is declared null and void. it is,
therefore, clear that the conglomerate company did not adhere to the rule stated in section 6
of the insurance contract and therefore did not act in utmost good faith that is they went
ahead and presented a defective tractor to their client. It is the duty of utmost good faith to
govern the obligations of the parties involved. It does not require any part to forego their best

Just the thing I needed, saved me a lot of time.


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