Cengage Advantage Books: Fundamentals of Business Law Today 10th Edition by Roger LeRoy Miller

Exercise 10

Case Problem with Sample Answer-Purchase of Assets. Grand Adventures Tour Travel Publishing Corp. (GATT) provided travel services. Duane Boyd, a former GATT director, incorporated Interline Travel Tour, Inc. At a public sale, Interline bought GATT's assets. Interline moved into GATT's office building, hired former GATT employees, and began to serve former GATT customers. A GATT creditor, Call Center Technologies, Inc., sought to collect the unpaid amount on a contract with GATT from Interline. Is Interline liable? Why or why not? [ Call Center Technologies, Inc. v. Grand Adventures Tour Travel Publishing Corp., 635 F.3d 48 (2d Cir. 2011)] (See Mergers and Acquisitions.)