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In April, Cranson was asked to invest in a new business corporation that was about to be created. He agreed to purchase stock and to become an officer and director.
After his attorney advised him that the corporation had been formed under the laws of Maryland, Cranson paid for and received a stock certificate evidencing his ownership of shares. The business of the new venture was conducted as if it were a corporation. Cranson was elected president, and he conducted all of his corporate actions, including those with IBM, as an officer of the corporation.
At no time did he assume any personal obligation or pledge his individual credit to IBM. As a result of an oversight of the attorney, of which Cranson was un-aware, the certificate of incorporation, which had been signed and acknowledged prior to May 1, was not filed until November 24.
Between May 1 and November 8, the ‘‘corporation'' purchased eight computers from IBM. The corporation made only partial payment. Can IBM hold Cranson personally liable for the balance due? Explain.
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A work station
The employee and equipment stay in one workstation as the product moves through the system in a layout.Which is not a method of managing quality?
What do you think about employers using the Internet to check into the online postings and personas of job candidates? Does this practice pose any legal concerns? Ethical concerns?
Businesses have been focused on developing leaders
Write a 700- to 900-word paper in which you do the following: Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas
After reading the ad and then examining the car, O'Brien told a Lee Calan Imports salesman that he wanted to purchase the car for the advertised price of $1,095. Calan Imports refuses to sell the car to O'Brien for $1,095. Is there a contract? If ..
Describe the results from your statistical analysis, indicating the relationship between employee satisfaction and sick days taken in a year. Determine what other variables may have impacted this relationship and the scores of the employee satisfac..
Upon the sale of the house and lot, Bird was to have his money first. Clark was then to have the agreed value of the lot, and the profits were to be equally divided. Did a partnership exist?
Require consideration of the literature on the relevant topic. Require analysis of each of the relevant companies or countries.
What are the benefits of having a formal master scheduling process? What could happen to firms that don't fol- low some of the basic rules of master scheduling?
What methods are used to communicate (email, instant messaging, videoconferencing, websites, face to face, etc) - What type of impact has technology had on communication in your field?
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