Business Finance Research Assignment
You are a legal assistant for the attorney of the ABCD company. For this assignment you must conduct research and find three (3) court opinions (i.e. cases that have been previously decided by the court precedent (i.e. have similar facts and issues of law) to the case below. You must provide the case title and citation of each of the three (3) cases you find. You can use Google Scholar (https://scholar.google.com/) or other resources from the school library in order to conduct your research. In addition, you must utilize the format provided below in order to brief (summarize) each of the cases that you list for this assignment.
The Church of Narnia vs. ABCD Company: Six months ago, the CEO for ABCD Company sent a letter to the Bishop for the Church of Narnia pledging a $5,000,000.00 donation to the Church. Upon receipt of this news, the bishop contacted ABCD’s CEO who re-assured the bishop that the Church would be receiving a check for this amount within the ensuing four to six weeks. The bishop, who for several years badly wanted to expand the Church in order to increase its congregation, immediately hired an architect and paid him $200,000.00 to design the new ambitious project. The bishop was in love with the architect’s design, so he quickly hired a general contractor for $1,000,000.00 to start the building process. In addition to the $1,000,000.00 for the labor, the bishop paid another 3,000,000.00 for the tools and materials needed for the project. On week five after receiving the letter and first speaking to ABCD’s CEO on the phone, the bishop called ABCD because he was nervous about the fact that he had not received the check and he had already incurred such significant expenses. Note that the only reason the bishop engaged in this ambitious construction project was because of the extra money he was counting on getting from ABCD since the Church’s structure did not need it to continue its regular operations. The CEO at that point told the bishop that soon after committing to donate the money, ABCD’s finances started going terribly wrong and as such at this point, they were not able to make a donation to the church. The bishop is now demanding that ABCD still true to its word and give the church the donation.
Business Finance Research Assignment
Format for Case Briefs (your case briefs must include these sections):
1- Case Title & Citation
2- Issue (a combination of the legal question the Court is asked to decide and the key facts of the case)
3- Rule (the law that the Court identifies as applicable/binding in the case)
4- Application (the Court’s application of the rule identified by the Court to the key facts and legal issue of the case)
5- Conclusion (a brief statement of the outcome of the case). Use APA referencing style.