Business law

Innocent Spouse Relief disallows ownership of the tax liability, penalties and interest of the innocent spouse when a joint return is filed. (U.S. Code § 6013) When a joint tax return is not filed, IRS must give relief using the community property law. Separation of community property is done at the time of divorce; all property is jointly owned by the individuals. Portillo v. Commissioner, 63 TCM 2115 - Tax Court 1992 allowed wife of Ramon Portillo to accept innocent spouse relief due to the fact

work for the contract to be sent off to be closed. i. The conditions of the closing were that there was no deposit to be paid but that a special clause was to be included. c. When the closing date arrived, Thomas, representing his un-incorporated business, did not have the funds. II. Facts relevant to legal issue a. The buyer was not able to fulfill the contract.

Sabrina Hood Business Law 355 Tort Reform Paper Since about the mid-late 1980’s many states have implemented and enforced statutes to limit tort lawsuits. Tort reform is the political term for redefining tort laws and reducing tort litigation, damages, compensation, and even amounts awarded (Quinn). The reformation of the nation’s tort system, or changing laws throughout a state dealing with injuries to a person or their property have done a lot more harm than good for consumers. While each tort

Business Law --- Case Study Assessment Question 1: A.Register an Australian company through a number of business service providers who use software that deals directly with ASIC. Firstly, search business directories or the internet for ‘shelf company services’ or ‘Australian company registration’. Because these providers can also offer full company secretarial services covering registers, consents and share certificates. At the same time, we can complete the Application for registration as an Australian

Business Law Case Study Module 4 PLAINTIFF'S STATEMENT: The Parties – Alex Johnson vs. Bethlehem Ice Solutions   Opening Argument   Those familiar with skiing know that there are risks involved when one chooses to participate in the sport.  Those risks, however, should be associated with self-inflicted harm caused by mistakes that a skier may make and not unforeseen obstacles and dangerous situations.  The injuries sustained by Alex Johnson on the slopes at Bethlehem Ice Solutions (BIS) were not

Miranda Carpenter 17 February 2015 Mrs. Nagle Report #1 In today’s society there are many regulations and or laws a business must follow. Every day there are businesses that “cut corners” but there are also some businesses that are charged by the law, due to illegal practices. Two businesses/companies that have been charged with unethical and illegal practices within the past two years are ExxonMobil which is the world’s largest energy company and FedEx which is one of the world’s top carriers (Diaz-Shephard

challenging. There are many rules and ethics that applies in the business world. Most of them can refer to legal terms, confidential activities, and agency, etc. However, one book explains more in-depth about business law called Business Law. The book was published in 2009 (Emerson, 2009). It is also written by an American author named Robert W. Emerson. His book contains a variety of valuable chapters that give details on the principles of business law. The book also provided useful ideas how tort responsibility

(2) Does Canadian common law impose a duty on parties to perform their contractual obligations honestly? YES. (3) And, if so, did Can-Am breach that duty? YES. (4) Are the respondents liable for the torts of inducing breach of contract or civil conspiracy? NO (5) If there was a breach, what is the appropriate measure of damages? $87,000. REASONS

UNIT 21: ASPECTS OF CONTRACT AND BUSINESS LAW Name: Bernadette Gonzales Tutor: Daniel Pratt http://businesslawfaculty.blogspot.co.uk/2012/09/contract-law-part-i-offer-unqualified.html TASK 1: P1: Identify the legal criteria for offer and acceptance in a valid contract. What is a contract? A contract can either be written implied or spoken agreement between two or more people legally binding. Once contract has been the offeror will have to keeps promises provided in the contract and the offeree

to give back the ring. Rodger sued and Janis appealed. The main purpose of this article is to decide whether the receiver of an engagement ring must return the ring or its equivalent value when the donor breaks the engagement. Pennsylvania law treats the giving of an engagement