Law Enforcement Essay
I’m studying for my Business Law class and need an explanation.
1: Spotlight on McDonald’s—Food Labeling. A McDonald’s Happy Meal® consists of an entrée, a small order of French fries, a small drink, and a toy. In the early 1990s, McDonald’s Corp. began to aim its Happy Meal marketing at children aged one to three. In 1995, McDonald’s began making nutritional information for its food products available in documents known as “McDonald’s Nutrition Facts.” The documents list the food items that the restaurant serves and provide a nutritional breakdown, but the Happy Meal is not included.
2: Negotiable Instruments. Muriel Evans writes the following note on the back of an envelope: “I, Muriel Evans, promise to pay Karen Marvin or bearer 100$ o demand. ” Is this a negotiable instruments? Discuss fully. (See Formation of Negotiable Instruments.)
Answers:
- McDonald’s Food Labeling: McDonald’s Happy Meal® is a combination of a meal that includes an entrée, a small order of French fries, a small drink, and a toy. The company started to target the marketing of the Happy Meal to children aged one to three in the early 1990s. In 1995, McDonald’s started to provide nutritional information for its food products through “McDonald’s Nutrition Facts” documents. However, the Happy Meal is not included in the nutritional information provided in these documents.
- Negotiable Instruments: The note written by Muriel Evans on the back of an envelope is a negotiable instrument. According to the Formation of Negotiable Instruments, a negotiable instrument is a written promise to pay a specified sum of money on demand or at a specified future date, to the order of a specified person or to the bearer. The note written by Muriel Evans fits this definition as it promises to pay Karen Marvin or the bearer $100 on demand. This makes the note a negotiable instrument that can be transferred to another person through endorsement and delivery.
