Business Law

On June 1, Cain delivered his 2010 automobile to Barr, the operator of a repair shop, for necessary repairs. Barr […]

Robert and Stanley held legal title of record to adjacent tracts of land, each consisting of a number of five

David E. Ross, his two brothers, and their families operated and owned the entire stock of five businesses. Ross had

Playtime Theaters and Sea-First Properties purchased two theaters in Renton, Washington, with the intention of exhibiting adult films. About the

Sam and Eleanor Gaito purchased a home from Howard Frank Auman, Jr., in the spring of 2011. Auman had completed

In May 2004, Fred Parramore executed four deeds, each conveying a life estate in his land to him and his

Swallow Company is a large real estate construction company that has made a Sub chapter Selection. The company reports its

George sold land to an unrelated party in 2014. His basis in the land was $45,000, and the selling price

Fred, a cash basis taxpayer, received a $15,000 bonus from his employer in 2015. The bonus was based on the

Gold, Inc., is an accrual basis taxpayer. In 2015, an employee accidentally spilled hazardous chemicals on leased property. The chemicals