Alpha communications-publishes consumer periodicals

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1. Alpha Communications, a partnership, publishes consumer periodicals, including Science Today. Beta Publications, also a partnership, publishes professional periodicals, including Technology Review. Alpha and Beta agree to pool their resources in a one-time deal to print and market a book, Unlimited Future. In contracting with Gamma Printing Supplies, Inc., for paper to print the book, Alpha commits fraud. In contracting with Delta Literary Agency for articles to use in Technology Review, Beta commits fraud. Gamma and Delta file suits against Alpha and Beta.

2. Florence and Grady pool their money and talents to form Happy Home Builders, Inc. They are the firm’s only shareholders, directors, and officers. After five years of declining home prices, they decide to cease business. Can they simply dissolve their corporation at will? If so, what are the steps in the process?

3. State bank employs troy as an information clerk. troy has authority only to answer customers' qyuestions. during a renovation, state bank temperarily moves troy from the information desk to a teller's window. Ubi, a customer, bielieves that troy is a teller and leaves a deposit with him. troy keeps the money. is state bank liable?

Reference no: EM132134540

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