subject
Business, 29.09.2019 06:50 jason9394

Case study

business law

anderson darragh, a real estate agent for re/max, informed bryan thomas, a real estate developer, that he knew of a commercial property thomas might be interested in buying. thomas told darragh that he was interested but wanted more information about the property. darragh revealed the address of the property and the selling price. darragh also stated that if thomas bought the property, thomas would have to pay re/max an 8 percent commission. darragh met with the owner of the property and obtained information regarding the lease agreements of the current tenants, monthly rent payments, and relevant expenses. darragh also went to city hall and compiled data related to property taxes and zoning. darragh gave all of the information he had gathered to thomas at a meeting on march 16. darragh also included a document stating that the 8 percent commission should be paid to re/max after the purchase of the property was complete. thomas did not agree to the 8 percent commission at the meeting. on march 21, darragh arranged for thomas to meet with the property owner and during that meeting, thomas purchased the property. after the sale was complete, thomas refused to pay the 8 percent commission to re/max.

this case analysis is worth a maximum of 25 points. complete the following for your assignment:

what is the legal issue involved in this case? – 5 points

based on the issue identified, provide an argument for darragh using facts of the case and relevant legal theory to support it. – 5 points

based on the issue identified, provide an argument for thomas using facts of the case and relevant legal theory to support it. – 5 points

based on the facts given, and what you know about the legal issues involved, how was this case decided? in favor of darragh; or thomas? provide an explanation. – 5 points

case is typed according to the guidelines in the syllabus and is free of grammar and spelling mistakes. – 5 points

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:50
Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of
Answers: 3
question
Business, 22.06.2019 11:30
11.     before adding cream to a simmering soup, you need to a. simmer the cream. b. chill the cream. c. strain the cream through cheesecloth. d. allow the cream reach room temperature. student d   incorrect which answer is right?
Answers: 2
question
Business, 22.06.2019 13:20
Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?
Answers: 3
question
Business, 22.06.2019 19:40
Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.
Answers: 1
You know the right answer?
Case study

business law

anderson darragh, a real estate agent for re/max, info...
Questions
question
Mathematics, 08.03.2021 03:20
question
Mathematics, 08.03.2021 03:20
question
Chemistry, 08.03.2021 03:30
question
Mathematics, 08.03.2021 03:30
question
Mathematics, 08.03.2021 03:30
question
Mathematics, 08.03.2021 03:30
question
Mathematics, 08.03.2021 03:30
question
Mathematics, 08.03.2021 03:30
Questions on the website: 13722361