Business Law Assignment Example | Topics and Well Written Essays - 250 words

Business Law - Assignment Example Answer two- The father’s agreement with Smith Barney mandated arbitration and this was a signed dated customer agreement. Even though other firms had not honored similar agreements that had issues occur older than six years, the agreement as signed and dated represents the final contract and as such should be binding regardless, unless a length of time was stipulated upon signing. In this instance, the courts found in favor of the brothers for the reasons mentioned above. It is noted that upon review of the case, the court initially found in favor of Smith Barney, however, reconsidered its original decision based on the lack of a stipulated length of time. Answer three- It would be my opinion that the court would possibly agree with his argument in that this particular instance of the production of child pornography would in fact not substantially affect interstate commerce. However, even if the court agreed that he was in fact correct in this argument the original charges of possessing and manufacturing the pornography would be cause to have local pornography charges leveled against him. It is my opinion that the courts would likely dismiss the federal charges and would send the case back to a local jurisdiction.