Chapter 2.1, Problem IV.10E

From the Letter below, kindly draft an updated letter to the Permanent Secretary requesting action to be taken on Water Damages to Property in Barzey’s. RE: Water Damages to Property in Barzey’s The above-captioned subject refers. Over the past few years, the ghaut which runs alongside my property, the stones that were used to protect my property and the embankment has been shifted/moved because of heavy rainfall and so has caused significant damage to my property. The Property in question relates to ................. In late 2022, I had conversations with Messrs. Felix Persuad and Davon Williams in respect to my property in Barzey’s and water flowing from the Ghaut onto my property. As recent as February 2024, there was significant soil erosion and eating away of the embankment to my property and eventually will cause damage to vegetation on my property. Please see attach pictures which highlights the circumstances of soil erosion on my property. In light of the above, it is being…

Pebbles Flintstone is a minor. Pebbles dropped out of high school in order to care for her ailing mother. The Flintstone home is located in Anacortes, Washington. To help pay for her mother's medical care, Pebbles decided to sell her guitar. Pebbles received the guitar as a gift from her Uncle Barney. Pebbles tried to learn how to play the guitar, but after two years she became frustrated and threw it under her bed. While the guitar has a few cracks and scratches, it is still in good working order. Because her Uncle Barney is wealthy, Pebbles thinks he paid about $500 for the guitar, and hopes it might still be worth around $200. Mr. Slate, age 44, owns Bedrock Antiques & Collectibles. While walking down the street, he came across the Flintstone home, saw they were having a yard sale and decided stop and look around. When he saw the guitar, with a sign that simply said "Make Offer", Mr. Slate offered Pebbles $500. Mr. Slate wasn't sure, but believed the guitar might be a rare…

On a recent trip to Hongkong, Brian Santos, sales manager of Micro- electronic Devices, took his wife at company expense. Erika Tan, vice- president of sales and Santos' boss, thought his travel and entertainment expenses seemed excessive. Tan approved the reimbursement, however, because she owed Santos a favor. Tan, well aware that the company president routinely reviewed all expenses recorded in the cash disbursements journal, had the accountant record Santos' wife's expenses in the general journal as follows: Sales Promotion Expense 35,000             Cash 35,000 What is the ethical issue in this situation? What role does accounting play in the ethical issue?

Bob offered to sell Teresa his used motorcycle. She took a look at it and asked Bob how it ran, to which Bob replied that it was in good shape. Teresa thought the motorcycle was two years old when she purchased it. A few days later, she discovered that it was actually five years old. She asks Bob to take back the motorcycle. He tells her no way, that he thought she knew the age of that model, and that she should have asked him if she had any uncertainty. If Teresa sues, who is likely to win and why?

Amy is caring for her aging mother, Milly.  Milly has a number of health issues. She has given Amy a power of attorney so that Amy can help pay her bills and handle her business affairs. Amy is concerned that Milly will eventually use up all her assets, including losing her house, to provide for her health care needs.  To protect against that eventuality, Amy intends to use her power of attorney to put Milly’s house into Amy’s name.  True or False:  Amy’s transfer of the house is a breach of her fiduciary duty as Milly’s agent.

Blake wanted to buy Harry’s boat for $20,000 and sent his offer by text to the latter’s phone. In his offer, Blake specified that he would give Harry two weeks to decide if he would sell his boat. Harry wanted to sell the boat to Blake, but thought he would wait until the last day of the 2-week period to inform Blake. But he was so sure that he would sell it and was expecting to get paid $20,000 in two weeks that he hastily sent an offer to Ali to buy his motorcycle also for $20,000. Ali accepted Harry’s offer. One week after Blake made the offer to buy Harry’s boat, he withdrew it. Now Harry doesn’t have the money to pay for Ali’s motorcycle and Ali is insisting that he pay for it since it was already sold to him.   Can Blake withdraw his offer to buy Harry’s boat

John offered to buy James’s Apple Ipad and gave James two weeks for an answer.  A few days after, Jill offered to sell her Apple Ipad to John, which he was very excited to purchase because it was the latest version, with all the new software applications.  John called James and told him personally that he is no longer interested in purchasing his device.  James is very disturbed because he saw that a new version of his IPad was being launched and he was looking forward to purchase it. James is of the view that John cannot withdraw his offer because the two weeks has not elapsed.  He knows that you are a business law student at Open Campus and sought your advice on the matter. Advise James.   Will your answer be the same if John failed to communicate to James within the two week period, that he was no longer interested in James’s Ipad and James accepted his offer on the last day of the two week period?

Letty is 17 years old. She just got her driver's license and is excited to buy her first car. She sees an ad on Craig's List for a 2010 Shelby GT500 for sale that peeks her interest. It is her favorite color, pink, in excellent condition with only 5,000 miles, and a convertible just like she wants. She calls the seller, Dominic, and tells him she wants to buy it. Dominic tells Letty the car is $30,000 and gives her his address so she can pick up the car and bring him the money. The next day Letty brings Dominic a check and drives the car home. Dominic was so excited about selling the car that before Letty arrived he decided to celebrate and drank 6 tequila shots and 3 beers. Dominic is quite a character, he loves to party and drinks almost every day. He's also somewhat of a daredevil and many of his friends describe him as fun but a little crazy. On his Facebook page he brags about how crazy he is. Three months later, Letty turns 18. She and her friends celebrate her birthday by going…

Karen, a senior manager in Consult-Biz Inc., encourages Charles, her junior manager, to bill Consult-Biz's clients for his commute time, and identify it as "meet and confer with senior manager." Karen explains that she will then adjust her own billing sheet to match this entry.Karen tells Charles that all other Consult-Biz junior and senior managers engage in this practice, and that clients have never questioned such entries. Charles is not sure whether this would be an ethical action. What should Charles do?