(SOLVED) Jennings operated a courier service to collect

and deliver money

Jennings operated a courier service to collect and deliver money. The contract with his
customers allowed him a day or so to deliver the money that had been collected. Instead of
holding collections until delivered, Jennings made short-term investments with the money. He
always made deliveries to the customers on […]

James Durham runs an art gallery. He has several paintings from unknown artists that he has
listed for sale. The paintings always sell at his weekly auction for $20,000 to $50,000 above
what James believes them to be worth. James learns that the bidders at the auctions are
employed by […]

Baker and others entered a Wal-Mart store shortly after 3:00 A.M. by cutting through the metal
door with an acetylene torch. They had moved some of the merchandise in the store to the rear
door, but the police arrived before the merchandise could be taken from the store. Baker was […]

H. J., Inc., and other customers of Northwestern Bell Corp. alleged that Northwestern Bell had
furnished cash and tickets for air travel, plays, and sporting events and had offered employment
to members of the Minnesota Public Utilities Commission in exchange for favorable treatment in
rate cases before the commission. A […]

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National Computers, Inc., a U.S. firm, entered into a joint venture with a Chinese computer
manufacturing organization, TEC. A dispute arose over payments due the U.S. firm under the
joint venture agreement with TEC. The agreement called for disputes to be arbitrated in China,
with the arbitrator being chosen from […]

Mirage Investments Corp. (MIC) planned a tender offer for the shares of Gulf States
International Corp. (GSIC). Archer, an officer of MIC, placed purchase orders for GSIC stock
through the New York office of the Bahamian Bank (BB) prior to the announcement of the
tender offer, making a $300,000 profit […]

The planning commissioner and a real estate developer planned to meet to discuss rezoning
certain land that would permit the real estate developer to construct certain buildings not
allowed under the then-existing zoning law. A homeowners association claimed it had the right
to be present at the meeting. This claim […]

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